Northland Securities Lowers Earnings Estimates for Agilysys

Agilysys, Inc. (NASDAQ:AGYS) – Research analysts at Northland Securities reduced their Q2 2027 earnings estimates for shares of Agilysys in a research note issued to investors on Tuesday, July 28th. Northland Securities analyst N. Chokshi now expects that the software maker will earn $0.37 per share for the quarter, down from their previous forecast of $0.40. The consensus estimate for Agilysys’ current full-year earnings is $1.77 per share. Northland Securities also issued estimates for Agilysys’ Q3 2027 earnings at $0.46 EPS, Q4 2027 earnings at $0.58 EPS, FY2027 earnings at $1.73 EPS, Q2 2028 earnings at $0.48 EPS, Q3 2028 earnings at $0.57 EPS, Q4 2028 earnings at $0.71 EPS and FY2028 earnings at $2.18 EPS.

Agilysys (NASDAQ:AGYS) last issued its quarterly earnings data on Monday, July 27th. The software maker reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.09. The company had revenue of $87.68 million for the quarter, compared to the consensus estimate of $85.97 million. Agilysys had a net margin of 12.99% and a return on equity of 11.94%. Agilysys’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period last year, the firm posted $0.33 EPS.

A number of other research firms have also issued reports on AGYS. Needham & Company LLC raised their price target on Agilysys from $120.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday. Zacks Research downgraded Agilysys from a “strong-buy” rating to a “hold” rating in a research note on Monday. Piper Sandler increased their price objective on Agilysys from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday. UBS Group set a $110.00 target price on Agilysys in a research note on Wednesday, June 3rd. Finally, Oppenheimer reiterated an “outperform” rating and issued a $118.00 target price on shares of Agilysys in a research note on Tuesday. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $123.60.

Agilysys Stock Performance

Shares of NASDAQ:AGYS opened at $107.66 on Friday. The company has a 50-day simple moving average of $96.95 and a 200-day simple moving average of $84.76. Agilysys has a one year low of $61.50 and a one year high of $145.25. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of 71.30 and a beta of 0.37.

Institutional Trading of Agilysys

Several hedge funds have recently modified their holdings of AGYS. Versant Capital Management Inc grew its holdings in Agilysys by 123.9% during the second quarter. Versant Capital Management Inc now owns 421 shares of the software maker’s stock worth $44,000 after acquiring an additional 233 shares during the period. Optiver Holding B.V. raised its position in Agilysys by 700.0% in the first quarter. Optiver Holding B.V. now owns 456 shares of the software maker’s stock worth $32,000 after acquiring an additional 399 shares in the last quarter. Glenmede Trust Co. NA lifted its holdings in Agilysys by 3.1% in the first quarter. Glenmede Trust Co. NA now owns 5,518 shares of the software maker’s stock valued at $393,000 after acquiring an additional 165 shares during the period. Bank of America Corp DE lifted its holdings in Agilysys by 7.0% in the first quarter. Bank of America Corp DE now owns 146,118 shares of the software maker’s stock valued at $10,395,000 after acquiring an additional 9,537 shares during the period. Finally, Amundi boosted its position in shares of Agilysys by 55.9% during the 1st quarter. Amundi now owns 6,373 shares of the software maker’s stock worth $453,000 after purchasing an additional 2,284 shares in the last quarter. 88.00% of the stock is owned by institutional investors and hedge funds.

Key Agilysys News

Here are the key news stories impacting Agilysys this week:

• Positive Sentiment: Quarterly earnings beat expectations. Agilysys reported adjusted EPS of $0.49 versus the $0.40 analyst consensus, while revenue of $87.68 million exceeded expectations of $85.97 million and increased 14.3% year over year. The company’s stronger subscription outlook and record first-quarter results helped drive the shares’ recent gap higher. Why Agilysys Is Up After Record Q1 Results
• Positive Sentiment: Some analysts see substantial upside. Piper Sandler issued a forecast calling for strong price appreciation, while a Needham analyst also said the stock is expected to rise. These views reinforce the bullish reaction to Agilysys’ operating momentum. Piper Sandler Forecasts Strong Price Appreciation Needham Expects Agilysys Stock to Rise
• Neutral Sentiment: Northland’s estimates still imply earnings growth. The firm projects FY2027 EPS of $1.73 and FY2028 EPS of $2.18, compared with the current-year consensus of $1.77. However, these forecasts are below Northland’s previous estimates, creating a more cautious medium-term outlook.
• Negative Sentiment: Northland Securities cut multiple EPS forecasts. FY2027 EPS was reduced to $1.73 from $1.86, FY2028 EPS to $2.18 from $2.30, Q2 2027 EPS to $0.37 from $0.40, Q3 2027 EPS to $0.46 from $0.54, and Q4 2027 EPS to $0.58 from $0.68. The revisions could temper enthusiasm, particularly given AGYS’s elevated valuation, including a reported P/E ratio above 70.
• Negative Sentiment: Zacks Research downgraded Agilysys from “strong buy” to “hold.” The rating change provides a counterpoint to the bullish price-target commentary and may limit additional near-term upside. Zacks Research

About Agilysys

Agilysys, Inc is a publicly traded technology company (NASDAQ: AGYS) that specializes in providing software and services to the hospitality industry. The company’s solutions span property management, point-of-sale, inventory and procurement, workforce management, analytics and mobile guest engagement. These offerings are designed to streamline hotel and resort operations, enhance guest experiences and improve financial performance for clients across the lodging, gaming, cruise, senior living and higher-education markets.

Agilysys delivers its portfolio through both cloud-based and on-premises deployments, enabling hoteliers and hospitality operators to select the infrastructure model that best aligns with their operational requirements and IT strategies.