Agilysys - AGYS Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Agilysys in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AGYS shares.
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3 Wall Street analysts have issued 1-year price objectives for Agilysys' stock. Their AGYS share price forecasts range from $67.00 to $100.00. On average, they predict the company's stock price to reach $87.33 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price.
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Agilysys' stock was trading at $79.14 on January 1st, 2023. Since then, AGYS shares have increased by 4.9% and is now trading at $83.05.
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Agilysys saw a drop in short interest in January. As of January 15th, there was short interest totaling 263,600 shares, a drop of 10.8% from the December 31st total of 295,500 shares. Based on an average daily volume of 160,700 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.1% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 16th 2023.
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Agilysys, Inc. (NASDAQ:AGYS) released its earnings results on Tuesday, January, 24th. The software maker reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The software maker had revenue of $49.92 million for the quarter, compared to the consensus estimate of $48.12 million. Agilysys had a trailing twelve-month return on equity of 25.07% and a net margin of 6.51%. The business's revenue was up 26.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.19 EPS.

Agilysys issued an update on its FY 2023 earnings guidance on Tuesday, January, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $195.00 million-$198.00 million, compared to the consensus revenue estimate of $194.40 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."

Agilysys' stock is owned by a number of retail and institutional investors. Top institutional investors include New York State Common Retirement Fund (0.63%), Assenagon Asset Management S.A. (0.19%), SG Americas Securities LLC (0.06%), Synovus Financial Corp (0.05%), Strs Ohio (0.05%) and Yousif Capital Management LLC (0.05%). Insiders that own company stock include Anthony Pritchett, Chris J Robertson, Dana Sue Jones, Donald Anthony Demarinis, Jebaseelan Kingsley, John Mutch, Kyle C Badger, Laveti Sridhar, Melvin L Keating, Prabuddha Biswas, Ramesh Srinivasan, Robert L Jr Jacks and William David Wood III.
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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 $83.05.

Agilysys (NASDAQ:AGYS) has a market capitalization of $2.09 billion and generates $162.64 million in revenue each year. The software maker earns $6.48 million in net income (profit) each year or $0.41 on an earnings per share basis.

The company employs 1,400 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.