Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Agilysys Inc (NASDAQ: AGYS) weakened of late. AGYS’ current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/9/24, Agilysys Inc (NASDAQ: AGYS) stock increased 1.1%, closing at $109.99. However, this advance was accompanied by unusually low trading volume at 60% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 0.9% 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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Agilysys has a very low Appreciation Score of 9 but a good Power Rating of 73, resulting in the Negative Value Trend Rating.
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