Agilysys, Inc. (NASDAQ:AGYS) Receives $120.86 Average Target Price from Analysts

Key Points

• Agilysys, Inc. (NASDAQ:AGYS) receives an average recommendation of "Buy" from six ratings firms, with a 12-month target price averaging $120.86.
• The company reported earnings of $0.33 per share for the last quarter, which fell short of analyst expectations but showed a 20.7% increase in revenue year-over-year.
• Recent insider trading activity includes sales by senior vice president Kyle C. Badger and another insider, indicating a slight decrease in their ownership of the company's stock.

Agilysys, Inc. (NASDAQ:AGYS - Get Free Report) has earned a consensus rating of "Buy" from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy rating. The average 1 year target price among brokers that have issued a report on the stock in the last year is $120.8571.

Several equities analysts recently commented on the company. Needham & Company LLC restated a "buy" rating and set a $105.00 target price (up previously from $100.00) on shares of Agilysys in a research report on Tuesday, May 20th. Cantor Fitzgerald initiated coverage on Agilysys in a research report on Tuesday, June 3rd. They set an "overweight" rating and a $125.00 target price for the company. Northland Securities set a $152.00 price objective on Agilysys in a research report on Tuesday, May 20th. Finally, Oppenheimer lifted their price objective on Agilysys from $90.00 to $120.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd.

Agilysys Price Performance

Shares of Agilysys stock traded down $0.29 during midday trading on Friday, hitting $109.09. 143,340 shares of the company were exchanged, compared to its average volume of 199,733. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.11 and a quick ratio of 1.04. The firm has a market cap of $3.06 billion, a P/E ratio of 218.18 and a beta of 0.71. Agilysys has a 52 week low of $63.71 and a 52 week high of $142.64. The firm has a 50 day simple moving average of $112.75 and a 200-day simple moving average of $93.82.

Agilysys (NASDAQ:AGYS - Get Free Report) last posted its earnings results on Monday, July 21st. The software maker reported $0.33 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.03). The company had revenue of $76.68 million for the quarter, compared to the consensus estimate of $74.42 million. Agilysys had a return on equity of 11.13% and a net margin of 4.85%.Agilysys's quarterly revenue was up 20.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.30 EPS. Agilysys has set its FY 2026 guidance at EPS. Research analysts forecast that Agilysys will post 0.8 earnings per share for the current year.

Insiders Place Their Bets

In other Agilysys news, CFO William David Wood III sold 321 shares of Agilysys stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $113.39, for a total value of $36,398.19. Following the completion of the transaction, the chief financial officer owned 47,288 shares in the company, valued at approximately $5,361,986.32. The trade was a 0.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Chris J. Robertson sold 258 shares of Agilysys stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $113.39, for a total value of $29,254.62. Following the completion of the transaction, the insider owned 21,137 shares of the company's stock, valued at approximately $2,396,724.43. The trade was a 1.21% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,405 shares of company stock worth $158,033. 8.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Agilysys

Several institutional investors have recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Agilysys in the 1st quarter valued at $1,078,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Agilysys by 11.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,405 shares of the software maker's stock valued at $102,000 after buying an additional 141 shares during the period. Two Sigma Advisers LP increased its stake in shares of Agilysys by 11.6% in the 4th quarter. Two Sigma Advisers LP now owns 4,800 shares of the software maker's stock valued at $632,000 after buying an additional 500 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Agilysys by 32.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 140,646 shares of the software maker's stock valued at $10,202,000 after buying an additional 34,660 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of Agilysys by 22.9% in the 1st quarter. Fifth Third Bancorp now owns 6,008 shares of the software maker's stock valued at $436,000 after buying an additional 1,118 shares during the period. Institutional investors own 88.00% of the company's stock.

Agilysys Company Profile

Agilysys, Inc operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers software solutions fully integrated with third party hardware and operating systems; cloud applications, support, and maintenance; subscription and maintenance; and professional services.