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

Agilysys (NASDAQ:AGYS) released its quarterly earnings data 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 8.45% and a return on equity of 9.44%. The firm had revenue of $69.60 million for the quarter, compared to the consensus estimate of $73,149.20 billion. During the same quarter in the previous year, the firm earned $0.35 earnings per share. The firm’s revenue was up 14.9% on a year-over-year basis. Agilysys updated its FY 2025 guidance to EPS.

Agilysys Trading Down 20.0 %

Agilysys stock opened at $100.67 on Thursday. The stock has a 50-day moving average price of $131.84 and a 200 day moving average price of $116.90. Agilysys has a 52 week low of $74.03 and a 52 week high of $142.64. The stock has a market cap of $2.81 billion, a PE ratio of 125.84 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on AGYS shares. StockNews.com lowered Agilysys from a “buy” rating to a “hold” rating in a research note on Thursday, October 31st. BTIG Research upped their target price on Agilysys from $118.00 to $124.00 and gave the company a “buy” rating in a report on Tuesday, October 29th. Oppenheimer cut their price target on Agilysys from $150.00 to $135.00 and set an “outperform” rating for the company in a research note on Wednesday. Needham & Company LLC lowered their price objective on shares of Agilysys from $145.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Craig Hallum cut their target price on shares of Agilysys from $125.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $138.00.

Insider Activity at Agilysys

In other news, insider Chris J. Robertson sold 264 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $100.86, for a total value of $26,627.04. Following the completion of the transaction, the insider now owns 22,624 shares of the company’s stock, valued at $2,281,856.64. The trade was a 1.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO William David Wood III sold 588 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $100.86, for a total transaction of $59,305.68. Following the transaction, the chief financial officer now directly owns 49,479 shares in the company, valued at $4,990,451.94. The trade was a 1.17 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 70,122 shares of company stock valued at $9,002,291. 19.30% of the stock is owned by insiders.

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.