Agilysys (AGYS) Expected to Announce Earnings on Tuesday

Agilysys (NASDAQ:AGYS - Get Free Report) will likely be announcing its earnings results after the market closes on Tuesday, January 21st. Analysts expect the company to announce earnings of $0.34 per share and revenue of $73,149.20 billion for the quarter.

Agilysys (NASDAQ:AGYS - Get Free Report) last released its earnings results on Monday, October 28th. The software maker reported $0.34 EPS for the quarter, topping the consensus estimate of $0.30 by $0.04. The firm had revenue of $68.30 million for the quarter, compared to the consensus estimate of $67.54 million. Agilysys had a net margin of 37.54% and a return on equity of 10.53%. The company's quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.25 earnings per share. On average, analysts expect Agilysys to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Agilysys Price Performance

AGYS traded up $1.80 during trading on Wednesday, hitting $132.75. 174,345 shares of the company traded hands, compared to its average volume of 174,449. The company has a market cap of $3.71 billion, a PE ratio of 37.82 and a beta of 0.94. Agilysys has a 1 year low of $73.52 and a 1 year high of $142.64. The company has a current ratio of 1.13, a quick ratio of 1.07 and a debt-to-equity ratio of 0.19. The stock's 50-day simple moving average is $131.45 and its two-hundred day simple moving average is $116.19.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. StockNews.com cut Agilysys from a "buy" rating to a "hold" rating in a report on Thursday, October 31st. BTIG Research lifted their price objective on Agilysys from $118.00 to $124.00 and gave the stock a "buy" rating in a research note on Tuesday, October 29th. Needham & Company LLC upped their price objective on Agilysys from $125.00 to $145.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Northland Securities raised their target price on shares of Agilysys from $145.00 to $186.00 and gave the company an "outperform" rating in a report on Tuesday, January 7th. Finally, Oppenheimer boosted their price target on shares of Agilysys from $135.00 to $150.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 3rd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $146.00.

Insider Transactions at Agilysys

In other news, Director Kaufman 2012 Descendants Trust sold 7,500 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $132.98, for a total value of $997,350.00. Following the sale, the director now owns 270,576 shares of the company's stock, valued at approximately $35,981,196.48. This represents a 2.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Chris J. Robertson sold 264 shares of the firm's stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $100.86, for a total transaction of $26,627.04. Following the completion of the sale, the insider now owns 22,624 shares of the company's stock, valued at $2,281,856.64. This trade represents a 1.15 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 55,122 shares of company stock worth $7,099,841. 19.30% of the stock is currently owned by company insiders.

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.

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