Northland Securities Reiterates a Buy Rating on Agilysys (AGYS)


In a report released today, Nehal Chokshi from Northland Securities reiterated a Buy rating on Agilysys (AGYS), with a price target of $30.00. The company’s shares closed last Monday at $24.13.

According to TipRanks.com, Chokshi is a 5-star analyst with an average return of 8.7% and a 51.2% success rate. Chokshi covers the Technology sector, focusing on stocks such as Super Micro Computer, Palo Alto Networks, and Avid Technology.

Agilysys has an analyst consensus of Strong Buy, with a price target consensus of $26.67.

See today’s analyst top recommended stocks >>

Based on Agilysys’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $29.81 million and GAAP net loss of $517K. In comparison, last year the company earned revenue of $38.39 million and had a GAAP net loss of $1.58 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Agilysys, Inc. operates as a technology company. It offers innovative software for point-of-sale, payment gateway, reservation and table management, guest offers management, property management, inventory and procurement, analytics, document management, and mobile and wireless solutions and services to the hospitality industry. The firm also serves the gaming for both corporate and tribal; hotels resort and cruise; foodservice management; and restaurants, universities, stadia, and healthcare sectors. The company was founded in 1963 and is headquartered in Alpharetta, GA.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts