Agilysys - AGYS Stock Forecast, Price & News

3 Wall Street equities 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 equities research analysts is that investors should "buy" AGYS shares.
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3 analysts have issued 1 year target prices for Agilysys' shares. 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 9.8% from the stock's current price.
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Agilysys' stock was trading at $79.14 at the beginning of 2023. Since then, AGYS shares have increased by 0.5% and is now trading at $79.56.
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Agilysys saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 337,400 shares, an increase of 42.1% from the February 13th total of 237,500 shares. Based on an average daily volume of 161,800 shares, the days-to-cover ratio is currently 2.1 days.
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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 quarterly earnings data on Tuesday, January, 24th. The software maker reported $0.26 EPS for the quarter, topping the consensus estimate 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 net margin of 6.51% and a trailing twelve-month return on equity of 25.07%. The business's revenue for the quarter was up 26.5% on a year-over-year basis. During the same period last year, the company posted $0.19 EPS.

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 S&P SmallCap Information Technology ETF (PSCT), Invesco DWA Technology Momentum ETF (PTF), Invesco S&P SmallCap Momentum ETF (XSMO), Convergence Long/Short Equity ETF (CLSE), Invesco Dynamic Market ETF (PWC) and SPDR S&P Software & Services ETF (XSW).

Agilysys updated 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 variety of retail and institutional investors. Top institutional shareholders include Artisan Partners Limited Partnership (4.58%), T. Rowe Price Investment Management Inc. (3.69%), Dimensional Fund Advisors LP (2.84%), Driehaus Capital Management LLC (2.58%), Lord Abbett & CO. LLC (2.32%) and Fred Alger Management LLC (2.24%). 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 $79.56.

Agilysys (NASDAQ:AGYS) has a market capitalization of $2.01 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.