Agilysys (AGYS) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Agilysys in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AGYS shares.
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4 analysts have issued 12-month price targets for Agilysys' stock. Their AGYS share price forecasts range from $67.00 to $105.00. On average, they predict the company's stock price to reach $88.00 in the next year. This suggests a possible upside of 20.7% 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 decreased by 7.9% and is now trading at $72.88.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
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Agilysys, Inc. (NASDAQ:AGYS) released its quarterly earnings data on Tuesday, May, 16th. The software maker reported $0.26 EPS for the quarter, beating the consensus estimate of $0.22 by $0.04. The software maker earned $52.90 million during the quarter, compared to analyst estimates of $52.08 million. Agilysys had a net margin of 7.36% and a trailing twelve-month return on equity of 25.13%. The business's quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter last year, the company earned $0.24 earnings per share.

ETFs with the largest weight of Agilysys (NASDAQ:AGYS) stock in their portfolio include Invesco Dynamic Software ETF (PSJ), Alger Mid Cap 40 ETF (FRTY), Invesco DWA Technology Momentum ETF (PTF), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco Dynamic Market ETF (PWC), SPDR S&P Software & Services ETF (XSW) and Invesco S&P SmallCap 600 Pure Growth ETF (RZG).

Agilysys updated its FY 2024 earnings guidance on Friday, May, 26th. 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 $232.74 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.55%), Artisan Partners Limited Partnership (4.17%), Fred Alger Management LLC (3.64%), Snyder Capital Management L P (3.02%), Dimensional Fund Advisors LP (2.91%) and State Street Corp (2.86%). Insiders that own company stock include Chris J Robertson, 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 $72.88.

Agilysys (NASDAQ:AGYS) has a market capitalization of $1.85 billion and generates $198.07 million in revenue each year. The software maker earns $14.58 million in net income (profit) each year or $0.49 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.