Agilysys (NASDAQ:AGYS) Announces Quarterly Earnings Results

Agilysys (NASDAQ:AGYS) released its earnings results on Monday. The software maker reported $0.38 EPS for the quarter, beating the consensus estimate of $0.26 by $0.12, Zacks reports. Agilysys had a net margin of 8.45% and a return on equity of 9.38%. Agilysys updated its FY 2026 guidance to EPS.

Agilysys Stock Performance

AGYS stock traded down $2.98 during midday trading on Monday, reaching $83.02. 490,687 shares of the company’s stock traded hands, compared to its average volume of 261,384. The stock has a market cap of $2.32 billion, a P/E ratio of 103.78 and a beta of 0.58. Agilysys has a 52-week low of $63.71 and a 52-week high of $142.64. The stock’s 50-day moving average is $74.10 and its 200 day moving average is $99.09. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.15.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AGYS. Craig Hallum cut their price target on shares of Agilysys from $125.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, January 22nd. Oppenheimer lowered their target price on Agilysys from $135.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, April 9th. Needham & Company LLC lowered their price objective on Agilysys from $125.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. Finally, UBS Group set a $100.00 price target on shares of Agilysys in a research report on Wednesday, March 5th. One equities 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.com, Agilysys has an average rating of “Moderate Buy” and an average target price of $120.00.

Insider Buying and Selling at Agilysys

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. lifted its position in shares of Agilysys by 30.1% during the 1st quarter. Advisors Asset Management Inc. now owns 688 shares of the software maker’s stock worth $50,000 after buying an additional 159 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Agilysys by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,395 shares of the software maker’s stock worth $972,000 after buying an additional 569 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in Agilysys by 125.0% during 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 in the last quarter. 88.00% of the stock is currently owned by hedge funds and other institutional investors.

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.