Agilysys, Inc. (NASDAQ:AGYS) Receives Consensus Rating of "Buy" from Brokerages

Key Points

• Agilysys, Inc. has received a consensus rating of "Buy" from six brokerages, with an average one-year price target of $121.57.
• The company's recent earnings report revealed a 20.7% increase in revenue year-over-year, although it missed EPS estimates by $0.03.
• Institutional investors own 88% of Agilysys' stock, indicating strong institutional support for the company's future growth.

Shares of Agilysys, Inc. (NASDAQ:AGYS - Get Free Report) have been assigned a consensus recommendation of "Buy" from the six ratings firms that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $121.5714.

Several brokerages have commented on AGYS. Cantor Fitzgerald began coverage on Agilysys in a report on Tuesday, June 3rd. They set an "overweight" rating and a $125.00 target price on the stock. Northland Securities set a $152.00 target price on Agilysys in a report on Tuesday, May 20th. Oppenheimer lifted their target price on Agilysys from $120.00 to $125.00 and gave the stock an "outperform" rating in a report on Tuesday, September 9th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $105.00 target price (up from $100.00) on shares of Agilysys in a report on Tuesday, May 20th.

Agilysys Trading Up 0.6%

Shares of AGYS stock opened at $107.60 on Wednesday. The firm has a market capitalization of $3.02 billion, a P/E ratio of 215.20 and a beta of 0.64. Agilysys has a twelve month low of $63.71 and a twelve month high of $142.64. The stock's fifty day simple moving average is $111.23 and its 200 day simple moving average is $96.25. The company has a quick ratio of 1.04, a current ratio of 1.11 and a debt-to-equity ratio of 0.04.

Agilysys (NASDAQ:AGYS - Get Free Report) last announced 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 analyst estimates of $74.42 million. Agilysys had a return on equity of 11.13% and a net margin of 4.85%.The firm's quarterly revenue was up 20.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.30 earnings per share. Agilysys has set its FY 2026 guidance at EPS. As a group, sell-side analysts predict that Agilysys will post 0.8 EPS for the current fiscal year.

Insider Activity

In other news, CFO William David Wood III sold 321 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $113.39, for a total value of $36,398.19. Following the transaction, the chief financial officer directly owned 47,288 shares of the company's stock, valued at $5,361,986.32. The trade was a 0.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Chris J. Robertson sold 258 shares of the business's stock in a transaction dated 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 directly owned 21,137 shares in the company, valued at $2,396,724.43. This represents a 1.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 905 shares of company stock valued at $102,618 in the last ninety days. 8.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Agilysys in the 1st quarter valued at about $1,078,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Agilysys by 11.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,405 shares of the software maker's stock worth $102,000 after buying an additional 141 shares during the period. Two Sigma Advisers LP boosted its holdings in Agilysys by 11.6% in the fourth quarter. Two Sigma Advisers LP now owns 4,800 shares of the software maker's stock worth $632,000 after acquiring an additional 500 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Agilysys by 32.7% in the first quarter. Envestnet Asset Management Inc. now owns 140,646 shares of the software maker's stock worth $10,202,000 after acquiring an additional 34,660 shares in the last quarter. Finally, Fifth Third Bancorp boosted its holdings in Agilysys by 22.9% in the first quarter. Fifth Third Bancorp now owns 6,008 shares of the software maker's stock worth $436,000 after acquiring an additional 1,118 shares in the last quarter. 88.00% of the stock is owned by institutional investors and hedge funds.

About Agilysys

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.

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