Agilysys’ (AGYS) “Outperform” Rating Reiterated at Oppenheimer

Agilysys (NASDAQ:AGYS)‘s stock had its “outperform” rating restated by Oppenheimer in a report issued on Tuesday, Benzinga reports. They presently have a $135.00 price target on the software maker’s stock, up from their prior price target of $118.00. Oppenheimer‘s price objective indicates a potential upside of 12.98% from the company’s previous close.

AGYS has been the subject of several other reports. Weiss Ratings reissued a “hold (c)” rating on shares of Agilysys in a report on Friday, October 9th. Piper Sandler upped their target price on Agilysys from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday. Cantor Fitzgerald restated an “overweight” rating on shares of Agilysys in a research note on Tuesday, July 28th. UBS Group set a $145.00 price target on Agilysys in a research report on Tuesday. Finally, Zacks Research cut Agilysys from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $141.00.

Agilysys Trading Down 3.2%

Shares of NASDAQ AGYS traded down $3.96 during mid-day trading on Tuesday, reaching $119.50. The company had a trading volume of 177,416 shares, compared to its average volume of 327,941. The firm has a 50 day simple moving average of $108.12 and a two-hundred day simple moving average of $92.30. The stock has a market cap of $3.37 billion, a P/E ratio of 79.04, a PEG ratio of 3.49 and a beta of 0.37. Agilysys has a 52-week low of $61.50 and a 52-week high of $145.25.

Agilysys (NASDAQ:AGYS) last announced its quarterly earnings results on Monday, October 26th. The software maker reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.12. Agilysys had a net margin of 12.99% and a return on equity of 11.94%. The firm had revenue of $93.36 million during the quarter, compared to analysts’ expectations of $90.92 million. During the same period in the previous year, the company earned $0.41 earnings per share. Agilysys’s quarterly revenue was up 17.7% compared to the same quarter last year. On average, equities analysts expect that Agilysys will post 1.73 EPS for the current year.

Insider Buying and Selling

In other Agilysys news, CEO Ramesh Srinivasan sold 25,000 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $108.15, for a total transaction of $2,703,750.00. Following the completion of the sale, the chief executive officer directly owned 610,044 shares of the company’s stock, valued at approximately $65,976,258.60. This trade represents a 3.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO William Wood, III sold 6,000 shares of Agilysys stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $114.72, for a total value of $688,320.00. Following the completion of the transaction, the chief financial officer owned 35,052 shares in the company, valued at $4,021,165.44. This trade represents a 14.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 212,812 shares of company stock valued at $23,046,675 in the last quarter. 8.70% of the stock is currently owned by insiders.

Institutional Trading of Agilysys

Hedge funds have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Agilysys during the second quarter worth about $431,704,000. Conestoga Capital Advisors LLC raised its stake in shares of Agilysys by 14.3% during the 1st quarter. Conestoga Capital Advisors LLC now owns 683,741 shares of the software maker’s stock worth $48,641,000 after buying an additional 85,600 shares in the last quarter. Nine Ten Capital Management LLC raised its stake in shares of Agilysys by 0.3% during the 2nd quarter. Nine Ten Capital Management LLC now owns 655,513 shares of the software maker’s stock worth $68,501,000 after buying an additional 1,922 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Agilysys by 0.6% in the 1st quarter. Principal Financial Group Inc. now owns 463,682 shares of the software maker’s stock valued at $32,986,000 after buying an additional 2,983 shares during the period. Finally, William Blair Investment Management LLC acquired a new stake in shares of Agilysys in the 2nd quarter valued at approximately $45,312,000. Institutional investors and hedge funds own 88.00% of the company’s stock.

More Agilysys News

Here are the key news stories impacting Agilysys this week:

• Positive Sentiment: Agilysys posted record revenue of $93.4 million, up 17.7% year over year and ahead of the $90.9 million consensus estimate. Adjusted earnings of $0.67 per share also exceeded expectations of $0.55, while management raised its full-year guidance. Agilysys Announces Record Revenue of $93.4M in Fiscal 2027 Second Quarter
• Positive Sentiment: The company extended its streak to 19 consecutive record-revenue quarters. Subscription and recurring revenue growth, continued hospitality-software demand, and new artificial-intelligence initiatives support the longer-term growth outlook. Agilysys Posts 19th Straight Record Revenue Quarter, Raises Guidance
• Positive Sentiment: Analysts responded favorably to the results. Piper Sandler raised its price target from $120 to $140 and maintained an overweight rating, while Needham lifted its target from $135 to $145 and reiterated a buy rating. These Analysts Boost Their Forecasts on Agilysys After Upbeat Q3 Results
• Neutral Sentiment: Despite the operating momentum, Agilysys trades at roughly 80 times earnings, leaving limited room for execution mistakes. Its shares are already well above the 200-day average, increasing sensitivity to profit-taking and valuation-driven selling.
• Negative Sentiment: Some analysis highlighted margin pressure and questioned whether the company’s modest profitability improvement justifies its premium valuation. Seeking Alpha characterized the setup as a profit-taking opportunity and downgraded the stock, offsetting the bullish analyst-target revisions. Agilysys: Profit Taking Opportunity As Valuation Exceeds Modest Performance

Agilysys Company Profile

Agilysys, Inc develops and provides hospitality technology for hotels, resorts, casinos, cruise lines and other guest-focused businesses. Its software and services are designed to help operators manage core property functions, improve guest experiences and streamline food, beverage and retail operations.

The company’s product portfolio includes property-management systems, point-of-sale solutions, inventory and procurement tools, payment services, guest-facing applications, mobile ordering and resort-management software.