Agilysys (AGYS) Set to Announce Quarterly Earnings on Monday

Agilysys (NASDAQ:AGYS) will be issuing its quarterly earnings data after the market closes on Monday, October 28th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Agilysys Stock Down 0.7 %

AGYS stock opened at $110.19 on Friday. The firm has a market cap of $3.07 billion, a PE ratio of 30.44 and a beta of 0.83. The business has a 50 day moving average of $109.12 and a 200-day moving average of $101.23. Agilysys has a 12-month low of $73.52 and a 12-month high of $125.73.

Analyst Upgrades and Downgrades

A number of analysts recently commented on AGYS shares. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 target price on shares of Agilysys in a report on Monday, September 16th. Craig Hallum increased their target price on shares of Agilysys from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, July 23rd. Northland Securities upped their price target on shares of Agilysys from $118.00 to $132.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. StockNews.com raised Agilysys from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, BTIG Research upped their target price on Agilysys from $95.00 to $118.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $124.00.

Insider Activity at Agilysys

In other Agilysys news, insider Chris J. Robertson sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $108.83, for a total value of $435,320.00. Following the completion of the sale, the insider now directly owns 22,888 shares in the company, valued at $2,490,901.04. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, insider Chris J. Robertson sold 4,000 shares of the business’s stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $108.83, for a total transaction of $435,320.00. Following the sale, the insider now owns 22,888 shares in the company, valued at approximately $2,490,901.04. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Ramesh Srinivasan sold 10,000 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $102.03, for a total transaction of $1,020,300.00. Following the completion of the sale, the chief executive officer now directly owns 738,367 shares in the company, valued at $75,335,585.01. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 35,000 shares of company stock worth $3,734,810 in the last 90 days. Company insiders own 19.30% of the company’s stock.

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.