Agilysys (AGYS) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Agilysys in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AGYS shares.
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5 brokerages have issued 1 year target prices for Agilysys' stock. Their AGYS share price forecasts range from $85.00 to $95.00. On average, they expect the company's share price to reach $88.40 in the next twelve months. This suggests a possible upside of 33.7% from the stock's current price.
View analysts price targets for AGYS or view top-rated stocks among Wall Street analysts.

Agilysys' stock was trading at $79.14 at the beginning of the year. Since then, AGYS shares have decreased by 16.4% and is now trading at $66.13.
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Agilysys saw a decline in short interest in September. As of September 15th, there was short interest totaling 220,200 shares, a decline of 14.0% from the August 31st total of 255,900 shares. Based on an average trading volume of 131,700 shares, the short-interest ratio is presently 1.7 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our AGYS earnings forecast.

Agilysys, Inc. (NASDAQ:AGYS) released its quarterly earnings results on Monday, July, 24th. The software maker reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.04. The software maker had revenue of $56.10 million for the quarter, compared to analyst estimates of $55.24 million. Agilysys had a net margin of 6.34% and a trailing twelve-month return on equity of 23.95%. Agilysys's revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.21 EPS.

ETFs with the largest weight of Agilysys (NASDAQ:AGYS) stock in their portfolio include Invesco Dynamic Software ETF (PSJ), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco S&P SmallCap Information Technology ETF (PSCT) and Invesco S&P SmallCap Momentum ETF (XSMO).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR).

Agilysys updated its FY 2024 earnings guidance on Monday, July, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $230.00 million-$235.00 million, compared to the consensus revenue estimate of $233.48 million.

118 employees have rated Agilysys Chief Executive Officer Ramesh Srinivasan on Glassdoor.com. Ramesh Srinivasan has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Agilysys investors own include NVIDIA (NVDA), Walt Disney (DIS), Advanced Micro Devices (AMD), Netflix (NFLX), Teladoc Health (TDOC), Tesla (TSLA), CrowdStrike (CRWD), DexCom (DXCM), JD.com (JD) and ServiceNow (NOW).

Agilysys trades on the NASDAQ under the ticker symbol "AGYS."

Shares of AGYS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AGYS stock can currently be purchased for approximately $66.13.

Agilysys (NASDAQ:AGYS) has a market capitalization of $1.68 billion and generates $198.07 million in revenue each year. The software maker earns $14.58 million in net income (profit) each year or $0.43 on an earnings per share basis.

The company employs 1,600 workers across the globe.

Agilysys' mailing address is 1000 WINDWARD CONCOURSE SUITE 250, ALPHARETTA GA, 30005. The official website for the company is www.agilysys.com. The software maker can be reached via phone at (770) 810-7800, via email at investorrelations@agilysys.com, or via fax at 770-962-3231.