Agilysys (NASDAQ:AGYS) Announces Earnings Results

Agilysys (NASDAQ:AGYS) released its quarterly earnings data on Tuesday. The software maker reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.04, RTT News reports. Agilysys had a return on equity of 9.44% and a net margin of 8.45%. The business had revenue of $69.60 million during the quarter, compared to analysts’ expectations of $73,149.20 billion. During the same period in the prior year, the firm posted $0.35 EPS. The business’s quarterly revenue was up 14.9% compared to the same quarter last year. Agilysys updated its FY 2025 guidance to EPS.

Agilysys Stock Down 20.0 %

AGYS opened at $100.67 on Thursday. The business has a 50 day moving average price of $131.84 and a two-hundred day moving average price of $116.90. Agilysys has a 52 week low of $74.03 and a 52 week high of $142.64. The company has a market cap of $2.81 billion, a PE ratio of 125.84 and a beta of 0.94. The company has a quick ratio of 1.07, a current ratio of 1.13 and a debt-to-equity ratio of 0.19.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AGYS. StockNews.com downgraded Agilysys from a “buy” rating to a “hold” rating in a report on Thursday, October 31st. Oppenheimer dropped their target price on shares of Agilysys from $150.00 to $135.00 and set an “outperform” rating on the stock in a research report on Wednesday. Craig Hallum reduced their price target on shares of Agilysys from $125.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday. BTIG Research lifted their target price on Agilysys from $118.00 to $124.00 and gave the stock a “buy” rating in a research report on Tuesday, October 29th. Finally, Northland Securities raised their price target on Agilysys from $145.00 to $186.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Agilysys presently has a consensus rating of “Moderate Buy” and an average price target of $138.00.

Insider Activity

In other news, Director John Mutch sold 500 shares of Agilysys stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $137.86, for a total value of $68,930.00. Following the sale, the director now owns 34,654 shares of the company’s stock, valued at $4,777,400.44. The trade was a 1.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO William David Wood III sold 588 shares of the stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $100.86, for a total transaction of $59,305.68. Following the transaction, the chief financial officer now directly owns 49,479 shares of the company’s stock, valued at $4,990,451.94. This represents a 1.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 70,122 shares of company stock valued at $9,002,291. Company insiders own 19.30% of the company’s stock.

About Agilysys

Agilysys, Inc operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers software solutions fully integrated with third party hardware and operating systems; cloud applications, support, and maintenance; subscription and maintenance; and professional services.