Agilysys (NASDAQ:AGYS) Stock Keeps Outperform Rating at Oppenheimer

Agilysys (NASDAQ:AGYS)‘s stock had its “outperform” rating reissued by equities research analysts at Oppenheimer in a research 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 target would suggest a potential upside of 12.98% from the stock’s previous close.

Several other research analysts have also commented on the company. Needham & Company LLC lifted their price target on Agilysys from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday. Cantor Fitzgerald reissued an “overweight” rating on shares of Agilysys in a report on Tuesday, July 28th. Piper Sandler raised their price objective on shares of Agilysys from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Agilysys in a report on Friday, October 9th. Finally, Zacks Research lowered Agilysys from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $141.00.

Agilysys Price Performance

NASDAQ AGYS traded down $3.96 during trading hours on Tuesday, hitting $119.50. 177,416 shares of the company’s stock traded hands, compared to its average volume of 327,941. The firm’s 50-day moving average is $108.12 and its 200-day moving average is $92.30. Agilysys has a 52-week low of $61.50 and a 52-week high of $145.25. The company has a market capitalization of $3.37 billion, a PE ratio of 79.04, a PEG ratio of 3.49 and a beta of 0.37.

Agilysys (NASDAQ:AGYS) last issued its earnings results on Monday, October 26th. The software maker reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.12. Agilysys had a return on equity of 11.94% and a net margin of 12.99%. The business had revenue of $93.36 million for the quarter, compared to analysts’ expectations of $90.92 million. During the same period in the previous year, the firm posted $0.41 EPS. The business’s revenue for the quarter was up 17.7% compared to the same quarter last year. Equities research analysts predict that Agilysys will post 1.73 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Ramesh Srinivasan sold 25,000 shares of Agilysys stock in a transaction on Friday, August 7th. The shares were 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. The trade was a 3.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Joe Youssef sold 1,002 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $114.64, for a total transaction of $114,869.28. Following the transaction, the insider owned 19,045 shares of the company’s stock, valued at approximately $2,183,318.80. The trade was a 5.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 212,812 shares of company stock valued at $23,046,675. 8.70% of the stock is currently owned by company insiders.

Institutional Trading of Agilysys

Hedge funds and other institutional investors have recently bought and sold shares of the business. Park Avenue Securities LLC boosted its position in shares of Agilysys by 39.6% during the 3rd quarter. Park Avenue Securities LLC now owns 4,948 shares of the software maker’s stock worth $480,000 after acquiring an additional 1,403 shares in the last quarter. Sterling Capital Management LLC increased its holdings in shares of Agilysys by 834.4% in the 3rd quarter. Sterling Capital Management LLC now owns 869 shares of the software maker’s stock valued at $84,000 after acquiring an additional 776 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Agilysys by 124.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,494 shares of the software maker’s stock worth $145,000 after acquiring an additional 828 shares in the last quarter. MCF Advisors LLC raised its position in shares of Agilysys by 120.3% during the 2nd quarter. MCF Advisors LLC now owns 478 shares of the software maker’s stock worth $50,000 after acquiring an additional 261 shares in the last quarter. Finally, Nine Ten Capital Management LLC raised its position 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 acquiring an additional 1,922 shares in the last quarter. 88.00% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Agilysys

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

About Agilysys

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.