Agilysys (AGYS) Upgraded at BidaskClub

Agilysys (NASDAQ:AGYS) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Monday, February 5th.

Agilysys (AGYS) opened at $11.43 on Monday. Agilysys has a 12-month low of $8.75 and a 12-month high of $13.00.

Agilysys (NASDAQ:AGYS) last posted its quarterly earnings data on Thursday, January 25th. The software maker reported ($0.08) earnings per share for the quarter. The firm had revenue of $31.31 million for the quarter. Agilysys had a negative return on equity of 12.12% and a negative net margin of 10.66%.

Hedge funds have recently bought and sold shares of the business. Algert Global LLC acquired a new stake in shares of Agilysys during the 3rd quarter worth $470,000. State Street Corp boosted its stake in Agilysys by 4.4% in the second quarter. State Street Corp now owns 360,964 shares of the software maker’s stock valued at $3,651,000 after buying an additional 15,161 shares in the last quarter. 22NW LP acquired a new stake in Agilysys in the third quarter valued at about $1,821,000. Vanguard Group Inc. boosted its stake in Agilysys by 1.7% in the second quarter. Vanguard Group Inc. now owns 905,206 shares of the software maker’s stock valued at $9,161,000 after buying an additional 15,165 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Agilysys by 1.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,892,584 shares of the software maker’s stock valued at $19,153,000 after buying an additional 29,361 shares in the last quarter. Hedge funds and other institutional investors own 83.43% of the company’s stock.

WARNING: “Agilysys (AGYS) Upgraded at BidaskClub” was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2018/02/14/bidaskclub-upgrades-agilysys-agys-to-hold.html.

About Agilysys

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.

Receive News & Ratings for Agilysys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agilysys and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply