Agilysys (NASDAQ:AGYS – Get Free Report) had its target price increased by research analysts at Needham & Company LLC from $135.00 to $145.00 in a report released on Tuesday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the software maker’s stock. Needham & Company LLC‘s target price would indicate a potential upside of 17.46% from the company’s current price.
A number of other analysts also recently commented on AGYS. Piper Sandler boosted their target price on Agilysys from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Zacks Research cut Agilysys from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Oppenheimer reaffirmed an “outperform” rating on shares of Agilysys in a research note on Monday, October 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Agilysys in a research report on Friday, October 9th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Agilysys in a research note on Tuesday, July 28th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $130.60.
Check Out Our Latest Stock Analysis on Agilysys
Agilysys Stock Up 2.3%
Shares of NASDAQ AGYS opened at $123.45 on Tuesday. Agilysys has a 52 week low of $61.50 and a 52 week high of $145.25. The firm has a 50-day moving average price of $108.12 and a 200 day moving average price of $92.30. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of 81.76, a price-to-earnings-growth ratio of 3.49 and a beta of 0.37.
Agilysys (NASDAQ:AGYS – Get Free Report) last issued its earnings results on Monday, October 26th. The software maker reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.12. Agilysys had a net margin of 12.99% and a return on equity of 11.94%. The company had revenue of $93.36 million for the quarter, compared to analyst estimates of $90.92 million. During the same period in the prior year, the business posted $0.41 earnings per share. The firm’s revenue for the quarter was up 17.7% compared to the same quarter last year. Equities research analysts expect that Agilysys will post 1.73 EPS for the current fiscal year.
Insider Buying and Selling
In other news, CEO Ramesh Srinivasan sold 106,205 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $106.62, for a total value of $11,323,577.10. Following the completion of the transaction, the chief executive officer owned 635,044 shares of the company’s stock, valued at $67,708,391.28. The trade was a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Joe Youssef sold 1,002 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $114.64, for a total transaction of $114,869.28. Following the transaction, the insider directly owned 19,045 shares in the company, valued at $2,183,318.80. The trade was a 5.00% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 212,812 shares of company stock valued at $23,046,675. 8.70% of the stock is owned by insiders.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Versant Capital Management Inc boosted its holdings in shares of Agilysys by 123.9% during the second quarter. Versant Capital Management Inc now owns 421 shares of the software maker’s stock worth $44,000 after purchasing an additional 233 shares during the last quarter. Optiver Holding B.V. grew its position in shares of Agilysys by 700.0% in the first quarter. Optiver Holding B.V. now owns 456 shares of the software maker’s stock valued at $32,000 after purchasing an additional 399 shares during the period. MCF Advisors LLC grew its position in shares of Agilysys by 120.3% in the second quarter. MCF Advisors LLC now owns 478 shares of the software maker’s stock valued at $50,000 after purchasing an additional 261 shares during the period. Johnson Financial Group Inc. acquired a new position in Agilysys in the second quarter valued at $85,000. Finally, Sterling Capital Management LLC increased its stake in Agilysys by 834.4% in the third quarter. Sterling Capital Management LLC now owns 869 shares of the software maker’s stock valued at $84,000 after purchasing an additional 776 shares during the last quarter. Hedge funds and other institutional investors own 88.00% of the company’s stock.
Agilysys News Summary
Here are the key news stories impacting Agilysys this week:
- Positive Sentiment: Revenue rose 17.7% year over year to a record $93.4 million, surpassing the roughly $90.9 million consensus estimate. This marked Agilysys’ 19th consecutive quarter of record revenue. Agilysys Announces Record Revenue of $93.4M in Fiscal 2027 Second Quarter
- Positive Sentiment: Agilysys reported adjusted earnings of $0.67 per share, above the $0.55 analyst consensus and up from $0.41 a year earlier. Gross profit increased 23.2%, while net income rose 18.4% to $13.2 million. Agilysys Q2 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Management raised full-year guidance, supporting the view that demand for Agilysys’ hospitality software remains healthy. One valuation analysis estimates the shares could still be approximately 8% undervalued based on the revised outlook. Agilysys Could Be 8% Undervalued Following Raised Full Year Guidance
- Neutral Sentiment: The company ended the quarter with $137.6 million in cash, more than double the year-ago level, while operating cash flow was broadly unchanged at $15.2 million. This provides financial flexibility but does not indicate accelerating cash generation.
- Negative Sentiment: Despite the earnings beat cited by several reports, another data source calculated diluted EPS at $0.46, below a $0.56 estimate. The discrepancy may reflect differences between GAAP and adjusted figures and could contribute to investor caution. Agilysys Releases Q2 2027 Earnings
- Negative Sentiment: At approximately 91 times earnings, AGYS remains priced for substantial growth. The stock is also above the $100–$120 range of recently cited analyst targets, increasing the risk that investors sell into strong results.
- Negative Sentiment: Insiders reported nine sales and no purchases over the past six months, including substantial selling by the CEO. While insider transactions do not determine operating performance, they can weigh on sentiment.
About Agilysys
Agilysys, Inc develops and provides hospitality technology for hotels, resorts, casinos, cruise lines and other guest-focused businesses. Its software and services are designed to help operators manage core property functions, improve guest experiences and streamline food, beverage and retail operations.
The company’s product portfolio includes property-management systems, point-of-sale solutions, inventory and procurement tools, payment services, guest-facing applications, mobile ordering and resort-management software.
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