Agilysys (AGYS) Receives Buy Rating and $152 Price Target from Northland Securities

Agilysys has a strong analyst consensus with a Buy rating and a price target of $127.17, representing a 20.16% upside. Northland Securities has reaffirmed their Buy rating with a price target of $152.00. The company has a one-year high of $142.64 and a one-year low of $63.71. Corporate insider sentiment is negative, with 29 insiders selling their shares in relation to earlier this year.

Agilysys Inc. (AGYS) has been the subject of keen interest among analysts, with a strong consensus rating and a notable price target. The company's latest financial data and analyst forecasts provide insights into its current financial health and future prospects.

Analyst Consensus

Analysts have overwhelmingly given Agilysys a "Strong Buy" rating, with an average price target of $131.20, representing a 22.41% upside from the current price. Northland Securities has reaffirmed its "Buy" rating with a price target of $152.00, reflecting a more bullish outlook [3].

Financial Performance

In the last 12 months, Agilysys reported revenue of $288.79 million and net income of $14.01 million. The company's earnings per share (EPS) was $0.49, while the trailing price-to-earnings (PE) ratio stood at 217.98. The forward PE ratio was 61.14, indicating a relatively high valuation compared to historical averages [1].

Valuation Metrics

Agilysys's enterprise value (EV) is $2.97 billion, with a market capitalization of $2.99 billion. The company has a debt-to-equity ratio of 0.12, indicating a relatively low leverage. The EV/EBITDA ratio is 95.63, which is higher than the industry average, suggesting that the company's earnings are not fully reflected in its valuation [1].

Insider Activity

Corporate insider sentiment has been negative, with 29 insiders selling their shares in relation to earlier this year. This could indicate that insiders believe the stock is overvalued or that they have concerns about the company's future prospects [3].

Stock Price Movement

The stock price has been volatile in recent weeks, with a -9.73% loss over the last two weeks. Despite this, the stock gained 1.29% on the last trading day, rising from $105.83 to $107.20. The stock is expected to rise 7.67% during the next three months, with a 90% probability of holding a price between $98.77 and $131.87 at the end of this period [3].

Conclusion

Agilysys has a strong analyst consensus with a "Strong Buy" rating and a price target of $131.20, representing a 22.41% upside. However, mixed signals, including negative insider sentiment and recent stock price volatility, suggest that the company's prospects may not be as straightforward as the analyst consensus suggests. Investors should closely monitor Agilysys's upcoming earnings report and other developments to make informed investment decisions.

References:
[1] https://stockanalysis.com/stocks/agys/statistics/
[2] https://www.ainvest.com/news/planet-13-holdings-q2-earnings-preview-eps-estimate-0-03-revenue-estimate-28-2m-2508/
[3] https://stockinvest.us/stock/AGYS