Agilysys (NASDAQ:AGYS) Earns "Hold (C)" Rating from Weiss Ratings

Key Points

• Agilysys has been assigned a "Hold (C)" rating by Weiss Ratings, reaffirming a moderate outlook on the stock.
• Analysts at Zacks upgraded the stock from "strong sell" to "hold," while Oppenheimer raised its price target from $120.00 to $125.00.
• Agilysys reported a quarterly earnings of $0.33 EPS, missing estimates, but its revenue grew by 20.7% year-over-year.

Agilysys (NASDAQ:AGYS - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by investment analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Other research analysts have also issued reports about the company. Zacks Research upgraded Agilysys from a "strong sell" rating to a "hold" rating in a research report on Monday, September 22nd. Oppenheimer increased their price objective on Agilysys from $120.00 to $125.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 9th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $121.57.

Agilysys Price Performance

Shares of NASDAQ:AGYS traded up $0.70 during midday trading on Wednesday, hitting $109.38. The company had a trading volume of 84,734 shares, compared to its average volume of 292,601. Agilysys has a twelve month low of $63.71 and a twelve month high of $142.64. 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 stock has a market cap of $3.07 billion, a price-to-earnings ratio of 218.38 and a beta of 0.61. The business's 50-day simple moving average is $108.19 and its 200-day simple moving average is $99.28.

Agilysys (NASDAQ:AGYS - Get Free Report) last posted its quarterly 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 during the quarter, compared to analyst estimates of $74.42 million. Agilysys had a net margin of 4.85% and a return on equity of 11.13%. Agilysys's revenue for the quarter 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. On average, research analysts predict that Agilysys will post 0.8 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Elevation Point Wealth Partners LLC purchased a new stake in Agilysys during the 2nd quarter worth about $30,000. GAMMA Investing LLC lifted its holdings in Agilysys by 43.2% during the 2nd quarter. GAMMA Investing LLC now owns 305 shares of the software maker's stock worth $35,000 after buying an additional 92 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in Agilysys by 30.1% during the 1st quarter. Advisors Asset Management Inc. now owns 688 shares of the software maker's stock worth $50,000 after buying an additional 159 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Agilysys by 71.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 632 shares of the software maker's stock worth $71,000 after buying an additional 263 shares during the last quarter. Finally, AlphaQuest LLC lifted its holdings in Agilysys by 2,026.0% during the 1st quarter. AlphaQuest LLC now owns 1,063 shares of the software maker's stock worth $77,000 after buying an additional 1,013 shares during the last quarter. 88.00% of the stock is currently owned by hedge funds and other 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.

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