AGYS Stock Summary and Trading Ideas (Agilysys | NASDAQ:AGYS)

Agilysys Inc develops industry-specific technology solutions to help manage businesses. The firm offers technological solutions to control business operations, including property management, point-of-sale, dining reservations, inventory and procurement, analytics, labor management, self-service, and document management. It serves sectors such as gaming, hotels, resorts and cruise, corporate foodservice management, restaurants, universities, stadiums, and healthcare. The majority of the revenues are generated through contract support, maintenance, and subscription services it provides. Agilysys operates across North America, Europe, the Middle East, Asia-Pacific, and India.

Agilysys trades on the NASDAQ stock market under the symbol AGYS.

As of April 18, 2024, AGYS stock price declined to $81.75 with 190,322 million shares trading.

AGYS has a beta of 0.78, meaning it tends to be less sensitive to market movements. AGYS has a correlation of 0.04 to the broad based SPY ETF.

AGYS has a market cap of $2.24 billion. This is considered a Mid Cap stock.

Last quarter Agilysys reported $61 million in Revenue and $.35 earnings per share. This beat revenue expectation by $496,000 and exceeded earnings estimates by $.09.

In the last 3 years, AGYS stock traded as high as $91.61 and as low as $31.49.

The top ETF exchange traded funds that AGYS belongs to (by Net Assets): IJR, VTI, IWM, VGT, VXF.

AGYS stock has underperformed the market in the last year with a return of -4.4%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AGYS shares. However, AGYS has outperformed the market in the last 3 month and 2 week periods, returning +7.1% and -0.4%, while SPY returned +6.1% and -3.8%, respectively. This indicates AGYS has been having a stronger performance recently.

AGYS support price is $80.73 and resistance is $84.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGYS stock will trade within this expected range on the day.