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

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

Agilysys Trading Down 3.5%

NASDAQ AGYS opened at $83.02 on Tuesday. Agilysys has a 12 month low of $63.71 and a 12 month high of $142.64. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.14 and a quick ratio of 1.09. The company has a market capitalization of $2.32 billion, a price-to-earnings ratio of 103.78 and a beta of 0.58. The company’s fifty day moving average price is $74.28 and its two-hundred day moving average price is $98.95.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Oppenheimer decreased their target price on Agilysys from $135.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, April 9th. UBS Group set a $100.00 price objective on shares of Agilysys in a research note on Wednesday, March 5th. Needham & Company LLC dropped their price objective on shares of Agilysys from $125.00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Finally, Craig Hallum lowered their price target on shares of Agilysys from $125.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, January 22nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Agilysys currently has an average rating of “Moderate Buy” and an average target price of $120.00.

Insider Activity

In related news, Director John Mutch sold 2,000 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $77.87, for a total transaction of $155,740.00. Following the transaction, the director now directly owns 32,654 shares in the company, valued at $2,542,766.98. This trade represents a 5.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 19.30% of the company’s stock.

Institutional Investors Weigh In On Agilysys

Several large investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its holdings in shares of 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 buying an additional 184,402 shares during the period. Jane Street Group LLC grew its stake in shares of Agilysys by 1,025.2% in the 1st quarter. Jane Street Group LLC now owns 37,750 shares of the software maker’s stock worth $2,738,000 after purchasing an additional 34,395 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Agilysys by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,395 shares of the software maker’s stock worth $972,000 after purchasing an additional 569 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in Agilysys by 30.1% during the first quarter. Advisors Asset Management Inc. now owns 688 shares of the software maker’s stock worth $50,000 after buying an additional 159 shares in the last quarter. 88.00% of the stock is owned by institutional investors and hedge funds.

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.