Agilysys (NASDAQ:AGYS) Given New $120.00 Price Target at Piper Sandler

by · The Markets Daily

Agilysys (NASDAQ:AGYS – Get Free Report) had its target price raised by equities research analysts at Piper Sandler from $110.00 to $120.00 in a report issued on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the software maker’s stock. Piper Sandler’s price target would indicate a potential upside of 16.23% from the stock’s current price.

Several other analysts also recently weighed in on the company. Oppenheimer boosted their target price on Agilysys from $90.00 to $100.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. UBS Group set a $110.00 price target on Agilysys in a research note on Wednesday, June 3rd. Zacks Research raised Agilysys from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 3rd. Needham & Company LLC boosted their price objective on Agilysys from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Weiss Ratings raised Agilysys from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $120.00.

View Our Latest Stock Analysis on AGYS

Agilysys Price Performance

NASDAQ AGYS opened at $103.24 on Tuesday. The firm’s fifty day moving average price is $95.10 and its 200 day moving average price is $84.93. Agilysys has a 12 month low of $61.50 and a 12 month high of $145.25. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 75.91 and a beta of 0.37.

Agilysys (NASDAQ:AGYS – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The software maker reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.09. Agilysys had a net margin of 12.15% and a return on equity of 11.07%. The firm had revenue of $87.68 million during the quarter, compared to analysts’ expectations of $85.97 million. During the same period in the previous year, the company earned $0.33 earnings per share. Agilysys’s quarterly revenue was up 14.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Agilysys will post 1.79 earnings per share for the current year.

Hedge Funds Weigh In On Agilysys

Institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Agilysys by 419.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 213 shares of the software maker’s stock worth $25,000 after purchasing an additional 172 shares during the period. Optiver Holding B.V. grew its position in Agilysys by 700.0% in the 1st quarter. Optiver Holding B.V. now owns 456 shares of the software maker’s stock valued at $32,000 after buying an additional 399 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in Agilysys in the 4th quarter valued at $34,000. Measured Wealth Private Client Group LLC acquired a new position in Agilysys in the 3rd quarter valued at $43,000. Finally, Versant Capital Management Inc raised its position in Agilysys by 123.9% during the 2nd quarter. Versant Capital Management Inc now owns 421 shares of the software maker’s stock worth $44,000 after buying an additional 233 shares during the last quarter. Institutional investors and hedge funds own 88.00% of the company’s stock.

Key Agilysys News

Here are the key news stories impacting Agilysys this week:

  • Positive Sentiment: Quarterly results exceeded expectations. Agilysys reported adjusted earnings of $0.49 per share versus the $0.40 consensus estimate, while revenue reached a record $87.7 million, above expectations of $85.97 million. Revenue increased 14.3% year over year, and earnings rose from $0.33 per share in the prior-year quarter. Agilysys Tops Q1 Earnings and Revenue Estimates
  • Positive Sentiment: Profitability and financial strength improved. Gross profit increased to approximately $55.7 million and operating profit more than doubled to $9.7 million. The company ended the quarter with $123.7 million in cash, while capital spending remained modest at $0.5 million. Agilysys Announces Record Fiscal 2027 First-Quarter Revenue
  • Positive Sentiment: Full-year revenue guidance was raised or set above expectations. Agilysys projected fiscal 2027 revenue of $368 million to $373 million, slightly above the $367.7 million consensus estimate. This suggests management remains confident in demand for its hospitality software and recurring-revenue business. Agilysys Earns Buy Rating on Strong Execution and Lifted Guidance
  • Positive Sentiment: Analyst sentiment remains supportive. William Blair analyst Stephen Sheldon maintained a Buy rating, citing strong execution, improved guidance and potential growth upside that may not yet be reflected in the valuation.
  • Neutral Sentiment: Institutional positioning was mixed, with 121 investors adding shares and 129 reducing holdings in the latest reported periods. Reported insider activity was predominantly purchases, but the data comes from third-party sources and may not reflect current trading.
  • Negative Sentiment: Valuation remains a risk. AGYS trades at a high P/E ratio of roughly 75.9, leaving the stock sensitive to any slowdown in growth or future earnings disappointments. The reported analyst price-target median of $110 also implies only limited upside from recent levels.

Agilysys Company Profile

(Get Free Report)

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.

Further Reading