Agilysys (NASDAQ:AGYS) Issues Earnings Results, Beats Expectations By $0.28 EPS

Agilysys (NASDAQ:AGYS) posted its quarterly earnings data on Monday. The software maker reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.28, Briefing.com reports. The company had revenue of $74.27 million for the quarter, compared to analyst estimates of $71.43 million. Agilysys had a net margin of 8.45% and a return on equity of 9.38%. The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.32 EPS. Agilysys updated its FY 2026 guidance to EPS.

Agilysys Trading Down 3.5%

AGYS opened at $83.02 on Tuesday. Agilysys has a 52 week low of $63.71 and a 52 week high of $142.64. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.32 billion, a P/E ratio of 103.78 and a beta of 0.58. The stock’s fifty day moving average is $74.28 and its two-hundred day moving average is $98.95.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AGYS. Needham & Company LLC dropped their price objective on Agilysys from $125.00 to $100.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Craig Hallum lowered their target price on shares of Agilysys from $125.00 to $120.00 and set a “buy” rating for the company in a research note on Wednesday, January 22nd. UBS Group set a $100.00 price target on shares of Agilysys in a report on Wednesday, March 5th. Finally, Oppenheimer cut their price target on shares of Agilysys from $135.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $120.00.

Insider Activity

In related news, Director John Mutch sold 750 shares of the company’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $75.33, for a total transaction of $56,497.50. Following the completion of the sale, the director now directly owns 31,904 shares in the company, valued at $2,403,328.32. This represents a 2.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 19.30% of the company’s stock.

Institutional Investors Weigh In On Agilysys

A number of hedge funds have recently made changes to their positions in AGYS. Goldman Sachs Group Inc. boosted its stake in Agilysys by 125.0% in the first quarter. Goldman Sachs Group Inc. now owns 331,953 shares of the software maker’s stock valued at $24,080,000 after acquiring an additional 184,402 shares in the last quarter. Jane Street Group LLC boosted its stake in Agilysys by 1,025.2% in the first quarter. Jane Street Group LLC now owns 37,750 shares of the software maker’s stock valued at $2,738,000 after acquiring an additional 34,395 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Agilysys by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,395 shares of the software maker’s stock valued at $972,000 after acquiring an additional 569 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in Agilysys by 30.1% in the first quarter. Advisors Asset Management Inc. now owns 688 shares of the software maker’s stock valued at $50,000 after acquiring an additional 159 shares in the last quarter. 88.00% of the stock is currently owned by hedge funds and other institutional investors.

Agilysys Company Profile

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.