Alert: New Earnings Report (7/22/24)-Agilysys Inc (NASDAQ: AGYS).

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For its first fiscal quarter (ending June 30), Agilysys Inc (NASDAQ: AGYS) has reported a 1200% increase in E.P.S. from $0.04 a year ago to $0.52 in the current quarter. For the latest four quarters through June 30, E.P.S. were $3.77 versus $0.46 for the same period a year ago — an increase of 720%.

Recent Price Action

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Agilysys Inc (NASDAQ: AGYS) stock enjoyed a large increase of 3.6% on 7/22/24. The stock closed at $111.80. Moreover, unusually high trading volume at 160% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 4.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, AGYS is expected to continue to be a major Value Builder.

Agilysys has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Agilysys has a very low Appreciation Score of 10 but a slightly positive Power Rating of 70, producing the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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