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 23, 2024, AGYS stock price climbed to $83.88 with 151,897 million shares trading.

AGYS has a beta of 0.74, 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 $2.29 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 has underperformed the market in the last year with a return of -1.0%, while the SPY ETF gained +24.3%. In the last 3 month period, AGYS fell short of the market, returning -3.3%, while SPY returned +4.9%. However, in the most recent 2 weeks AGYS has outperformed the stock market by returning +0.4%, while SPY returned -2.5%.

AGYS support price is $82.00 and resistance is $85.02 (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.