Last Updated: 09 Nov 2024
Executive Summary
Agilysys Inc. (AGYS) is a leading provider of hospitality technology solutions with a market capitalization of $3.32 billion. The company's recent financial performance has been mixed, with revenue growing slightly but earnings declining in the latest quarter. The stock is currently trading at $118.81, below its 52-week high but above its 50-day moving average. Analysts are generally bullish on the stock, with three strong buy and three buy ratings.
Company Overview
Agilysys provides a comprehensive suite of hardware and software solutions for the hospitality industry, including property management systems, point-of-sale systems, and revenue management solutions. The company serves a global customer base, with operations in North America, Europe, Asia-Pacific, and India.
Fundamental Analysis
Agilysys's financial performance has been mixed in recent quarters. Revenue increased by 0.165% year-over-year in the latest quarter, but earnings per share declined by 0.69%. The company's profit margin is 0.375%, and its operating margin is 0.0918%.
Agilysys has a strong balance sheet, with $208.4 million in cash and equivalents and no long-term debt. The company's book value is $9.43 per share, and its price-to-book ratio is 12.77.
Technical Analysis
The technical analysis of AGYS suggests that the stock is in a bullish trend. The stock is trading above its 50-day moving average and has recently broken out of a consolidation pattern. The relative strength index (RSI) is also bullish, indicating that the stock is not overbought.
Short Term Outlook
The short-term outlook for AGYS is positive. The stock is trading in a bullish trend and has recently broken out of a consolidation pattern. The RSI is also bullish, indicating that the stock is not overbought.
Long Term Outlook
The long-term outlook for AGYS is also positive. The company is a leader in the hospitality technology market and has a strong balance sheet. The company is also well-positioned to benefit from the growing trend towards digital transformation in the hospitality industry.
Analyst Recommendations
Analysts are generally bullish on AGYS. Three analysts have issued strong buy ratings, and three have issued buy ratings. The average analyst target price is $128.75, which represents a potential upside of 8.4%.
