Agilysys (NASDAQ:AGYS) Shares Gap Up Following Better-Than-Expected Earnings

Shares of Agilysys, Inc. (NASDAQ:AGYS) gapped up before the market opened on Tuesday following a stronger than expected earnings report. The stock had previously closed at $70.20, but opened at $91.16. Agilysys shares last traded at $90.5640, with a volume of 587,225 shares traded.

The software maker reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.12. The firm had revenue of $82.95 million during the quarter, compared to analysts’ expectations of $81.56 million. Agilysys had a return on equity of 10.71% and a net margin of 9.79%.The company’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.54 EPS.

Agilysys News Roundup

Here are the key news stories impacting Agilysys this week:

• Positive Sentiment: Agilysys reported Q4 EPS of $0.63, ahead of the $0.51 consensus, while revenue came in at $82.95 million versus $81.56 million expected. Article Title
• Positive Sentiment: The company said revenue rose 11.7% year over year and delivered a 17th consecutive record-revenue quarter, reinforcing the view that demand for its hospitality software remains strong. Article Title
• Positive Sentiment: Management guided FY2027 revenue to $365 million-$370 million, above the $363.5 million consensus, which supports expectations for continued growth. Article Title
• Positive Sentiment: Analysts responded favorably, with Needham and William Blair reiterating Buy ratings and a $120 price target, signaling continued Wall Street confidence in Agilysys’ SaaS momentum, margin expansion, and upcoming Marriott rollout. Article Title

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Weiss Ratings cut shares of Agilysys from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Zacks Research raised Agilysys from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Agilysys in a research note on Tuesday. Oppenheimer reiterated an “outperform” rating and issued a $100.00 price objective (up from $90.00) on shares of Agilysys in a report on Tuesday. Finally, Wall Street Zen lowered shares of Agilysys from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $133.40.

Institutional Trading of Agilysys

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in Agilysys by 7.0% during the 1st quarter. Bank of America Corp DE now owns 146,118 shares of the software maker’s stock worth $10,395,000 after purchasing an additional 9,537 shares during the last quarter. Amundi boosted its stake in shares of Agilysys by 55.9% in the 1st quarter. Amundi now owns 6,373 shares of the software maker’s stock valued at $453,000 after purchasing an additional 2,284 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of Agilysys by 24.9% in the 1st quarter. California State Teachers Retirement System now owns 31,450 shares of the software maker’s stock valued at $2,237,000 after purchasing an additional 6,263 shares during the last quarter. Quantinno Capital Management LP increased its position in shares of Agilysys by 107.2% during the first quarter. Quantinno Capital Management LP now owns 9,579 shares of the software maker’s stock worth $681,000 after buying an additional 4,955 shares during the period. Finally, Punch & Associates Investment Management Inc. increased its position in shares of Agilysys by 1.6% during the first quarter. Punch & Associates Investment Management Inc. now owns 62,710 shares of the software maker’s stock worth $4,461,000 after buying an additional 1,010 shares during the period. Institutional investors and hedge funds own 88.00% of the company’s stock.

Agilysys Stock Up 26.8%

The firm has a market cap of $2.50 billion, a P/E ratio of 83.33 and a beta of 0.30. The business’s 50 day moving average is $68.92 and its two-hundred day moving average is $94.99.

About Agilysys

Agilysys, Inc is a publicly traded technology company (NASDAQ: AGYS) that specializes in providing software and services to the hospitality industry. The company’s solutions span property management, point-of-sale, inventory and procurement, workforce management, analytics and mobile guest engagement. These offerings are designed to streamline hotel and resort operations, enhance guest experiences and improve financial performance for clients across the lodging, gaming, cruise, senior living and higher-education markets.

Agilysys delivers its portfolio through both cloud-based and on-premises deployments, enabling hoteliers and hospitality operators to select the infrastructure model that best aligns with their operational requirements and IT strategies.