Agilysys, Inc. (NASDAQ:AGYS) Receives Consensus Recommendation 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.

Agilysys, Inc. (NASDAQ:AGYS - Get Free Report) has received a consensus rating of "Buy" from the six ratings firms that are covering the company, MarketBeat reports. Six research analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $121.5714.

Several research firms have recently issued reports on AGYS. Cantor Fitzgerald assumed coverage on Agilysys in a research report on Tuesday, June 3rd. They issued an "overweight" rating and a $125.00 price target for the company. Oppenheimer lifted their price objective on Agilysys from $120.00 to $125.00 and gave the stock an "outperform" rating in a report on Tuesday, September 9th.

Agilysys Stock Down 1.6%

Agilysys stock traded down $1.77 on Wednesday, hitting $105.62. 789,089 shares of the stock traded hands, compared to its average volume of 171,299. The company has a current ratio of 1.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.04. The firm has a market cap of $2.96 billion, a P/E ratio of 211.24 and a beta of 0.64. The business's fifty day simple moving average is $110.75 and its 200 day simple moving average is $96.70. Agilysys has a 1 year low of $63.71 and a 1 year high of $142.64.

Agilysys (NASDAQ:AGYS - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $76.68 million for the quarter, compared to analysts' expectations of $74.42 million. Agilysys had a net margin of 4.85% and a return on equity of 11.13%. The business's quarterly revenue was up 20.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 EPS. Agilysys has set its FY 2026 guidance at EPS. As a group, sell-side analysts forecast that Agilysys will post 0.8 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Chris J. Robertson sold 258 shares of Agilysys stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $113.39, for a total value of $29,254.62. Following the completion of the sale, the insider directly owned 21,137 shares in the company, valued at approximately $2,396,724.43. This trade represents a 1.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Kyle C. Badger sold 326 shares of Agilysys stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $113.39, for a total value of $36,965.14. Following the completion of the sale, the senior vice president owned 114,791 shares of the company's stock, valued at $13,016,151.49. The trade was a 0.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 905 shares of company stock worth $102,618. 8.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Agilysys

A number of large investors have recently made changes to their positions in the company. Nuveen LLC bought a new position in shares of Agilysys during the 1st quarter valued at approximately $80,730,000. William Blair Investment Management LLC bought a new position in shares of Agilysys during the 2nd quarter valued at approximately $58,993,000. Riverbridge Partners LLC bought a new position in shares of Agilysys during the 1st quarter valued at approximately $32,913,000. Conestoga Capital Advisors LLC grew its stake in shares of Agilysys by 105.2% during the 1st quarter. Conestoga Capital Advisors LLC now owns 731,039 shares of the software maker's stock valued at $53,030,000 after acquiring an additional 374,800 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Agilysys during the 1st quarter valued at approximately $16,343,000. 88.00% of the stock is currently owned by institutional investors.

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.