The Agilysys, Inc. (AGYS) Upgraded at Sidoti, Report finds

The Agilysys, Inc. (AGYS) Upgraded at Sidoti, Report finds

Agilysys (NASDAQ:AGYS) traded up 7.29% during trading on Monday, hitting $9.42. 93,675 shares of the company traded hands. The stock has a 50 day moving average price of $10.07 and a 200 day moving average price of $10.45. The company’s market capitalization is $218.61 million. Agilysys has a 12-month low of $8.17 and a 12-month high of $12.15.

Sidoti upgraded shares of Agilysys, Inc. (NASDAQ:AGYS) from a neutral rating to a buy rating in a report published on Monday. The firm currently has $11.00 price objective on the stock.

Agilysys (NASDAQ:AGYS) last posted its quarterly earnings data on Thursday, February 9th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.05. The business earned $33.40 million during the quarter, compared to the consensus estimate of $34.97 million. Agilysys had a negative return on equity of 6.61% and a negative net margin of 6.18%. During the same quarter in the prior year, the company earned ($0.07) earnings per share. On average, equities analysts anticipate that Agilysys will post ($0.46) earnings per share for the current year.

Agilysys Company Profile

Agilysys, Inc is a technology company. The Company provides software for point-of-sale (POS), property management, inventory and procurement, workforce management, analytics, document management, and mobile and wireless solutions and services to the hospitality industry. The Company serves four market sectors: gaming, both corporate and tribal; hotels, resorts and cruise; foodservice management, and restaurants, universities, stadia and healthcare.

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