Cantor Fitzgerald Forecasts Stronger Earnings for Agilysys

Agilysys, Inc. (NASDAQ:AGYS) – Investment analysts at Cantor Fitzgerald increased their FY2026 earnings per share estimates for Agilysys in a report released on Tuesday, October 28th. Cantor Fitzgerald analyst M. Vanvliet now expects that the software maker will earn $1.12 per share for the year, up from their previous estimate of $0.95. Cantor Fitzgerald currently has a “Overweight” rating and a $140.00 target price on the stock. The consensus estimate for Agilysys’ current full-year earnings is $0.80 per share.

Several other equities research analysts have also recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Agilysys in a research note on Wednesday, October 8th. Needham & Company LLC raised their target price on Agilysys from $130.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday. Zacks Research raised Agilysys from a “strong sell” rating to a “hold” rating in a research note on Monday, September 22nd. Wall Street Zen raised Agilysys from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Agilysys in a research note on Tuesday. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Agilysys has an average rating of “Moderate Buy” and a consensus price target of $138.67.

Agilysys Trading Down 3.2%

Shares of AGYS stock opened at $125.46 on Thursday. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 145.89 and a beta of 0.61. The stock has a 50-day moving average of $110.43 and a 200-day moving average of $104.86. Agilysys has a 1-year low of $63.71 and a 1-year high of $145.25.

Agilysys (NASDAQ:AGYS) last issued its quarterly earnings results on Wednesday, June 5th. The software maker reported $0.21 earnings per share for the quarter. The company had revenue of $36.34 million during the quarter. Agilysys had a return on equity of 11.22% and a net margin of 8.12%.

Insider Buying and Selling

In other Agilysys news, CFO William David Wood III sold 6,000 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $115.55, for a total value of $693,300.00. Following the transaction, the chief financial officer owned 41,288 shares in the company, valued at approximately $4,770,828.40. This represents a 12.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 8.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Agilysys in the first quarter worth approximately $1,078,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Agilysys by 11.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,405 shares of the software maker’s stock worth $102,000 after acquiring an additional 141 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Agilysys by 32.7% in the first quarter. Envestnet Asset Management Inc. now owns 140,646 shares of the software maker’s stock worth $10,202,000 after acquiring an additional 34,660 shares in the last quarter. Mutual of America Capital Management LLC boosted its holdings in Agilysys by 48.9% in the second quarter. Mutual of America Capital Management LLC now owns 64,774 shares of the software maker’s stock worth $7,426,000 after acquiring an additional 21,268 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in Agilysys by 17.9% in the first quarter. Northern Trust Corp now owns 421,751 shares of the software maker’s stock worth $30,594,000 after acquiring an additional 64,062 shares in the last quarter. Institutional investors own 88.00% of the company’s stock.

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.