Agilysys (NASDAQ:AGYS) Receives “Buy” Rating from Needham & Company LLC

Needham & Company LLC reiterated their buy rating on shares of Agilysys (NASDAQ:AGYS) in a report released on Tuesday morning,Benzinga reports. They currently have a $140.00 price objective on the software maker’s stock.

A number of other analysts also recently issued reports on AGYS. Weiss Ratings reissued a “hold (c)” rating on shares of Agilysys in a report on Wednesday, January 21st. Oppenheimer raised their target price on Agilysys from $130.00 to $140.00 and gave the company an “outperform” rating in a research report on Thursday, December 4th. Wall Street Zen upgraded Agilysys from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Zacks Research downgraded Agilysys from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Finally, UBS Group restated a “buy” rating on shares of Agilysys in a research report on Monday, December 15th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $145.40.

Agilysys Trading Down 20.0%

Shares of AGYS stock opened at $90.86 on Tuesday. The stock has a 50 day moving average of $119.24 and a 200 day moving average of $115.27. The stock has a market cap of $2.55 billion, a P/E ratio of 84.92 and a beta of 0.43. Agilysys has a twelve month low of $63.71 and a twelve month high of $145.25.

Agilysys (NASDAQ:AGYS) last released its quarterly earnings data on Monday, January 26th. The software maker reported $0.42 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.04). The company had revenue of $80.39 million during the quarter, compared to analysts’ expectations of $79.07 million. Agilysys had a return on equity of 11.01% and a net margin of 9.79%.The company’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.38 EPS. On average, research analysts predict that Agilysys will post 0.8 earnings per share for the current fiscal year.

Insider Activity at Agilysys

In other Agilysys news, Director Donald A. Colvin sold 6,000 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $123.28, for a total transaction of $739,680.00. Following the completion of the transaction, the director owned 24,592 shares of the company’s stock, valued at $3,031,701.76. This represents a 19.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO William David Wood III sold 584 shares of Agilysys stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $125.20, for a total value of $73,116.80. Following the completion of the sale, the chief financial officer directly owned 41,052 shares in the company, valued at $5,139,710.40. This represents a 1.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 9,576 shares of company stock worth $1,189,070 in the last quarter. Corporate insiders own 8.60% of the company’s stock.

Institutional Investors Weigh In On Agilysys

A number of hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its stake in Agilysys by 6.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,456 shares of the software maker’s stock valued at $153,000 after acquiring an additional 88 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Agilysys by 5.1% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,853 shares of the software maker’s stock worth $195,000 after purchasing an additional 90 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Agilysys by 43.2% in the second quarter. GAMMA Investing LLC now owns 305 shares of the software maker’s stock valued at $35,000 after purchasing an additional 92 shares in the last quarter. Yousif Capital Management LLC increased its holdings in shares of Agilysys by 1.1% in the second quarter. Yousif Capital Management LLC now owns 8,407 shares of the software maker’s stock valued at $964,000 after purchasing an additional 94 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its holdings in shares of Agilysys by 14.1% in the second quarter. Advisors Asset Management Inc. now owns 785 shares of the software maker’s stock valued at $90,000 after purchasing an additional 97 shares during the last quarter. 88.00% of the stock is currently owned by institutional investors and hedge funds.

More Agilysys News

Here are the key news stories impacting Agilysys this week:

• Positive Sentiment: Needham reaffirmed a “buy” rating and a $140 price target, signaling analyst confidence and highlighting significant upside from current levels. Article Title
• Positive Sentiment: Seeking Alpha published an upgrade calling the post-earnings drop a “healthy dip to buy,” noting AGYS is diversifying beyond hotels (cruise, casinos, foodservice) and that roughly two-thirds of revenue is recurring and sticky — a structural positive for long-term cash flow. Agilysis: A Healthy Dip To Buy (Upgrade)
• Positive Sentiment: The company reported its 16th consecutive record revenue quarter: $80.4M, up 15.6% year-over-year, with recurring revenue contributing meaningfully — evidence of demand and recurring contract strength. Press Release
• Neutral Sentiment: Full earnings call transcript and company commentary are available for investors to parse for guidance detail and management tone; listening may clarify subscription-sales cadence and near-term guidance. Earnings Call Transcript
• Neutral Sentiment: Analyst write-ups (Zacks) note revenue beat vs. consensus but emphasize the EPS miss — useful context for modeling near-term margins and cadence. AGYS Reports Q3 Earnings
• Neutral Sentiment: Reported short-interest data for the period appears to be erroneous/unavailable (shows 0 shares and NaN change), so short-squeeze dynamics are unclear from the published data.
• Negative Sentiment: Non-GAAP EPS missed consensus ($0.42 vs. $0.46), which likely triggered near-term selling despite the revenue beat. Earnings Miss
• Negative Sentiment: MarketWatch flagged management commentary / outlook that investors interpreted as implying a slowdown in subscription sales growth — this guidance concern is the primary driver of the sell-off. Outlook Story
• Negative Sentiment: Reports show unusually high trading volume during the decline, indicating heavy selling pressure as investors reacted to the EPS miss and cautious outlook. Stock Falls After Q3 Earnings Miss

About Agilysys

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.