Agilysys (NASDAQ:AGYS – Get Free Report) released its quarterly earnings data on Tuesday. The software maker reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.04, RTT News reports. The business had revenue of $69.60 million for the quarter, compared to the consensus estimate of $73,149.20 billion. Agilysys had a return on equity of 10.53% and a net margin of 37.54%. The business’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.35 EPS.
Agilysys Stock Performance
NASDAQ AGYS traded up $4.09 during trading hours on Tuesday, hitting $125.90. 669,762 shares of the stock were exchanged, compared to its average volume of 253,100. The company has a quick ratio of 1.07, a current ratio of 1.13 and a debt-to-equity ratio of 0.19. The company has a market cap of $3.52 billion, a price-to-earnings ratio of 35.87 and a beta of 0.94. Agilysys has a 12-month low of $74.03 and a 12-month high of $142.64. The stock has a 50-day moving average of $131.80 and a 200 day moving average of $116.74.
Insider Transactions at Agilysys
In related news, CFO William David Wood III sold 588 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $100.86, for a total transaction of $59,305.68. Following the completion of the sale, the chief financial officer now owns 49,479 shares of the company’s stock, valued at approximately $4,990,451.94. This represents a 1.17 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Chris J. Robertson sold 264 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $100.86, for a total value of $26,627.04. Following the completion of the transaction, the insider now directly owns 22,624 shares in the company, valued at $2,281,856.64. This trade represents a 1.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 55,122 shares of company stock valued at $7,099,841. Corporate insiders own 19.30% of the company’s stock.
Analyst Upgrades and Downgrades
Agilysys Company Profile
Agilysys, Inc operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers software solutions fully integrated with third party hardware and operating systems; cloud applications, support, and maintenance; subscription and maintenance; and professional services.
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