Agilysys (NASDAQ:AGYS) Earns Buy Rating from Needham & Company LLC

Agilysys (NASDAQ:AGYS)‘s stock had its “buy” rating reiterated by research analysts at Needham & Company LLC in a note issued to investors on Tuesday,Benzinga reports. They currently have a $140.00 price target on the software maker’s stock. Needham & Company LLC’s price target points to a potential upside of 23.29% from the company’s current price.

A number of other equities research analysts have also issued reports on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $140.00 price objective on shares of Agilysys in a report on Tuesday, October 28th. Wall Street Zen upgraded shares of Agilysys from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Oppenheimer increased their price objective on shares of Agilysys from $130.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday, December 4th. Zacks Research cut Agilysys from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Agilysys in a research note on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Agilysys presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.40.

Agilysys Price Performance

Shares of NASDAQ AGYS opened at $113.55 on Tuesday. The stock has a market cap of $3.18 billion, a PE ratio of 132.04 and a beta of 0.43. Agilysys has a 1 year low of $63.71 and a 1 year high of $145.25. The firm has a fifty day moving average price of $119.89 and a 200-day moving average price of $115.43.

Agilysys (NASDAQ:AGYS) last issued its quarterly earnings results on Monday, January 26th. The software maker reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.04). Agilysys had a return on equity of 11.22% and a net margin of 8.12%.The business had revenue of $80.39 million during the quarter, compared to analysts’ expectations of $79.07 million. During the same quarter in the previous year, the company posted $0.38 EPS. The company’s quarterly revenue was up 15.6% on a year-over-year basis. On average, research analysts expect that Agilysys will post 0.8 EPS for the current year.

Insider Transactions at Agilysys

In related news, insider Sethuram Shivashankar sold 497 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $124.64, for a total transaction of $61,946.08. Following the sale, the insider owned 24,031 shares in the company, valued at approximately $2,995,223.84. This represents a 2.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Chris J. Robertson sold 500 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $131.34, for a total value of $65,670.00. Following the completion of the sale, the insider owned 687 shares of the company’s stock, valued at approximately $90,230.58. This represents a 42.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 9,576 shares of company stock worth $1,189,070. 8.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its holdings in shares of Agilysys by 6.4% in the third quarter. PNC Financial Services Group Inc. now owns 1,456 shares of the software maker’s stock worth $153,000 after buying an additional 88 shares during the period. Nisa Investment Advisors LLC increased its stake in Agilysys by 5.1% in the third quarter. Nisa Investment Advisors LLC now owns 1,853 shares of the software maker’s stock worth $195,000 after purchasing an additional 90 shares during the period. GAMMA Investing LLC lifted its position in shares of Agilysys by 43.2% during the second quarter. GAMMA Investing LLC now owns 305 shares of the software maker’s stock worth $35,000 after purchasing an additional 92 shares during the last quarter. Yousif Capital Management LLC boosted its stake in shares of Agilysys by 1.1% during the second quarter. Yousif Capital Management LLC now owns 8,407 shares of the software maker’s stock valued at $964,000 after purchasing an additional 94 shares during the period. Finally, Advisors Asset Management Inc. grew its holdings in shares of Agilysys by 14.1% in the second quarter. Advisors Asset Management Inc. now owns 785 shares of the software maker’s stock worth $90,000 after purchasing an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 88.00% of the company’s stock.

Key Headlines Impacting Agilysys

Here are the key news stories impacting Agilysys this week:

• Positive Sentiment: Recorded revenue beat and recurring‑revenue strength — Agilysys reported a 16th consecutive record revenue quarter of $80.4M (up ~15.6% y/y) and topped consensus revenue estimates, supporting the company’s growth thesis. Read More.
• Neutral Sentiment: Earnings-call details and metric analysis available — the Q3 earnings call transcript and follow-up analysis provide color on bookings, renewal rates and margin trends that will determine whether revenue strength can translate into durable profit growth. Investors will parse the call for subscription-booking cadence and timing. Read More.
• Neutral Sentiment: Analyst/metric write-ups summarize the quarter’s nuances — research notes review how key metrics compared to estimates and year-ago numbers, useful for modeling forward revenue and margin trajectories. Read More.
• Negative Sentiment: EPS missed expectations — non‑GAAP EPS of $0.42 came in below consensus (~$0.46), a disappointment that pressured the stock after the print. Read More.
• Negative Sentiment: Management outlook flagged subscription-sales slowdown — guidance/commentary implied a deceleration in subscription bookings, which markets view as a risk to recurring revenue growth and longer‑term margin leverage. That outlook triggered selling in some sessions. Read More.

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.