Agilysys - AGYS Stock Forecast, Price & News

3 Wall Street 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 analysts is that investors should "buy" AGYS shares.
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3 analysts have issued 1-year price targets for Agilysys' stock. Their AGYS share price forecasts range from $67.00 to $100.00. On average, they anticipate the company's stock price to reach $87.33 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
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Agilysys' stock was trading at $79.14 at the beginning of the year. Since then, AGYS stock has increased by 5.6% and is now trading at $83.61.
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Agilysys saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 263,600 shares, a decrease of 10.8% from the December 31st total of 295,500 shares. Based on an average daily volume of 160,700 shares, the short-interest ratio is currently 1.6 days. Approximately 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) posted its earnings results on Tuesday, January, 24th. The software maker reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The software maker earned $49.92 million during the quarter, compared to analyst estimates 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 quarter in the previous year, the firm earned $0.19 EPS.

Agilysys updated its FY 2023 earnings guidance on Tuesday, January, 24th. The company provided earnings per share (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 institutional and retail investors. Top institutional shareholders include New York State Common Retirement Fund (0.63%), Assenagon Asset Management S.A. (0.19%), Strs Ohio (0.05%), Yousif Capital Management LLC (0.05%), Comerica Bank (0.04%) and Maryland State Retirement & Pension System (0.03%). 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 $83.61.

Agilysys (NASDAQ:AGYS) has a market capitalization of $2.11 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.