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

Agilysys, Inc. (NASDAQ:AGYS)’s stock price gapped up before the market opened on Tuesday after the company announced better than expected quarterly earnings. 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.

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

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

Analysts Set New Price Targets

AGYS has been the topic of a number of analyst reports. Wall Street Zen downgraded shares of Agilysys from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Zacks Research upgraded shares of Agilysys from a “strong sell” rating to a “hold” rating in a report on Thursday, February 26th. Needham & Company LLC reissued a “buy” rating and issued a $120.00 price target on shares of Agilysys in a report on Tuesday. Oppenheimer reaffirmed an “outperform” rating and set a $100.00 price objective (up from $90.00) on shares of Agilysys in a research note on Tuesday. Finally, Weiss Ratings downgraded Agilysys from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Agilysys presently has an average rating of “Hold” and an average price target of $133.40.

Institutional Trading of Agilysys

Institutional investors and hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd lifted its stake in Agilysys by 419.5% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 213 shares of the software maker’s stock valued at $25,000 after purchasing an additional 172 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in Agilysys in the fourth quarter valued at approximately $34,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Agilysys in the third quarter valued at approximately $43,000. Bessemer Group Inc. lifted its position in shares of Agilysys by 194.3% in the third quarter. Bessemer Group Inc. now owns 412 shares of the software maker’s stock valued at $44,000 after buying an additional 272 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Agilysys during the 3rd quarter worth approximately $52,000. Institutional investors own 88.00% of the company’s stock.

Agilysys Trading Up 26.8%

The company has a 50 day moving average price of $68.92 and a 200 day moving average price of $94.99. The company has a market capitalization of $2.50 billion, a P/E ratio of 83.33 and a beta of 0.30.

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.