Alert: New Earnings Report (5/13/24)-Agilysys Inc (NASDAQ: AGYS).

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Agilysys Inc (NASDAQ: AGYS) has reported earnings for its fourth fiscal quarter (ending March 31) of $0.11 versus $0.15 for the same period a year ago — a decline of -27%. Relative to the consensus estimate of $0.28, this was a shortfall of $-0.17. For the latest four quarters through March 31, E.P.S. were $3.31 compared to $0.52 a year ago — an increase of 537%.

Recent Price Action

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Agilysys Inc (NASDAQ: AGYS) stock closed at $80.21 on 5/13/24 after a modest decline of -2.0%. Moreover, exceptionally high trading volume at 240% of normal accompanied the decline. The stock has risen 1.3% during the last week and has been strong relative to the market over the last nine months.

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 4 but a slightly positive Power Rating of 68, resulting in 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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