Agilysys (NASDAQ:AGYS) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Agilysys (NASDAQ:AGYS) issued its earnings results on Tuesday. The software maker reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04, RTT News reports. Agilysys had a net margin of 37.54% and a return on equity of 10.53%. The firm had revenue of $69.60 million during the quarter, compared to the consensus estimate of $73,149.20 billion. During the same quarter in the previous year, the firm posted $0.35 earnings per share. The company’s revenue was up 14.9% compared to the same quarter last year. Agilysys updated its FY 2025 guidance to EPS.

Agilysys Price Performance

AGYS opened at $125.90 on Wednesday. Agilysys has a twelve month low of $74.03 and a twelve month high of $142.64. The firm has a market cap of $3.52 billion, a price-to-earnings ratio of 35.87 and a beta of 0.94. The company has a current ratio of 1.13, a quick ratio of 1.07 and a debt-to-equity ratio of 0.19. The company has a fifty day simple moving average of $131.80 and a 200 day simple moving average of $116.74.

Insider Buying and Selling at Agilysys

In other Agilysys news, CFO William David Wood III sold 588 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $100.86, for a total transaction of $59,305.68. Following the sale, the chief financial officer now directly owns 49,479 shares in the company, valued at approximately $4,990,451.94. The trade was a 1.17 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Chris J. Robertson sold 264 shares of the business’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $100.86, for a total value of $26,627.04. Following the completion of the sale, the insider now directly owns 22,624 shares in the company, valued at $2,281,856.64. This represents a 1.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 70,122 shares of company stock valued at $9,002,291 in the last three months. Corporate insiders own 19.30% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on AGYS shares. StockNews.com cut shares of Agilysys from a “buy” rating to a “hold” rating in a research note on Thursday, October 31st. Needham & Company LLC boosted their target price on Agilysys from $125.00 to $145.00 and gave the company a “buy” rating in a report on Friday, November 15th. BTIG Research lifted their price objective on shares of Agilysys from $118.00 to $124.00 and gave the company a “buy” rating in a research report on Tuesday, October 29th. Northland Securities upped their price objective on shares of Agilysys from $145.00 to $186.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Finally, Oppenheimer lifted their target price on shares of Agilysys from $135.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Agilysys currently has an average rating of “Moderate Buy” and a consensus target price of $146.00.

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.