1 day Ago By ABMN Staff
Agilysys ( NASDAQ:AGYS – Get Free Report ) had its price objective lifted by equities researchers at Northland Securities from $118.00 to $132.00 in a research note issued to investors on Monday, Benzinga reports.
The brokerage currently has an “outperform” rating on the software maker’s stock. Northland Securities’ price target would indicate a potential upside of 27.56% from the stock’s current price.
Several other research firms have also recently issued reports on AGYS. William Blair started coverage on Agilysys in a research report on Monday, June 24th. They set an “outperform” rating for the company.
Oppenheimer increased their target price on Agilysys from $100.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, July 19th.
BTIG Research increased their target price on Agilysys from $95.00 to $118.00 and gave the stock a “buy” rating in a research report on Friday, July 19th.
Craig Hallum increased their target price on Agilysys from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, July 23rd.
Finally, Needham & Company LLC reiterated a “buy” rating and set a $125.00 target price on shares of Agilysys in a research report on Monday. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.
com, Agilysys currently has an average rating of “Buy” and an average target price of $124.00. Check Out Our Latest Analysis on AGYS Agilysys Stock Up 0.
5 % Agilysys ( NASDAQ:AGYS – Get Free Report ) last posted its quarterly earnings data on Monday, July 22nd. The software maker reported $0.30 EPS for the quarter, topping the consensus estimate of $0.
26 by $0.04. Agilysys had a return on equity of 12.
75% and a net margin of 40.32%. The firm had revenue of $63.
50 million for the quarter, compared to the consensus estimate of $64.52 million. During the same quarter last year, the company earned $0.
18 earnings per share. The business’s revenue for the quarter was up 13.2% compared to the same quarter last year.
Research analysts anticipate that Agilysys will post 0.62 EPS for the current year. Insider Activity In other news, Director John Mutch sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 29th.
The stock was sold at an average price of $113.69, for a total transaction of $113,690.00.
Following the transaction, the director now owns 36,326 shares of the company’s stock, valued at approximately $4,129,902.94. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website .
In other news, Director John Mutch sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $113.69, for a total transaction of $113,690.
00. Following the transaction, the director now owns 36,326 shares of the company’s stock, valued at approximately $4,129,902.94.
The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, SVP Kyle C. Badger sold 249 shares of the business’s stock in a transaction on Monday, July 1st.
The shares were sold at an average price of $102.03, for a total value of $25,405.47.
Following the transaction, the senior vice president now owns 115,834 shares of the company’s stock, valued at approximately $11,818,543.02. The disclosure for this sale can be found here .
In the last 90 days, insiders have sold 141,578 shares of company stock valued at $14,107,417. 23.60% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Agilysys A number of large investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its holdings in shares of Agilysys by 162.1% in the 2nd quarter.
GAMMA Investing LLC now owns 249 shares of the software maker’s stock worth $26,000 after buying an additional 154 shares during the period. CWM LLC lifted its holdings in shares of Agilysys by 390.2% in the 2nd quarter.
CWM LLC now owns 250 shares of the software maker’s stock worth $26,000 after buying an additional 199 shares during the period. Larson Financial Group LLC purchased a new stake in shares of Agilysys in the 2nd quarter worth $32,000. YHB Investment Advisors Inc.
purchased a new stake in shares of Agilysys in the 1st quarter worth $35,000. Finally, RiverPark Advisors LLC lifted its stake in shares of Agilysys by 361.1% during the 1st quarter.
RiverPark Advisors LLC now owns 1,766 shares of the software maker’s stock worth $149,000 after purchasing an additional 1,383 shares during the last quarter. Hedge funds and other institutional investors own 88.00% of the company’s stock.
Agilysys Company Profile ( Get Free Report ) 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. Recommended Stories Receive News & Ratings for Agilysys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agilysys and related companies with MarketBeat.
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