Agilysys (AGYS, Financial) experienced a significant stock drop of 5.12%, with the price settling at $117.60 per share as of the most recent report. The trading volume reached 139,600 shares, reflecting a turnover rate of 0.50% and a price swing of 4.80%.
The latest financial results for Agilysys revealed a revenue of $63.51 million, a net profit of $14.11 million, and earnings per share of $0.52. The company holds a gross profit of $38.78 million, with a price-to-earnings ratio of 32.51. All six institutions covering Agilysys recommend buying the stock, with no recommendations for holding or selling.
The broader software services sector saw a collective decline of 0.40%. Within the sector, notable gains were observed in Datchat Inc., Wag Group Co., and Brand Engagement Network Inc. Meanwhile, high turnover rates were seen in Cemtrex Inc., Jet.AI, and Microalgo, Inc., with 5414.20%, 64.78%, and 52.59% respectively. The most volatile stocks included Datchat Inc., Surgepays Inc., and Leddartech Holdings Inc., with amplitude variations of 110.63%, 97.45%, and 48.76% respectively.
Agilysys is renowned for its leadership in hotel software solutions, delivering innovative cloud-native SaaS and on-premise solutions to industries such as hotels, resorts, cruise lines, casinos, corporate food management, restaurants, universities, stadiums, and healthcare. Their offerings include point-of-sale (POS) systems, property management (PMS), inventory procurement, payment solutions, and other applications aimed at optimizing the guest experience. The company is also praised for its customer-centric service.
