Gold prices edge higher on raised Fed rate cut hopes
Chris J. Robertson, the Controller at Agilysys Inc. (NASDAQ:AGYS), recently sold 500 shares of the company’s common stock. The transaction, dated June 12, 2025, was executed at a price of $111.27 per share, resulting in a total sale value of $55,635. Following this transaction, Robertson holds 21,395 shares directly in the $3.04 billion market cap company.The sale comes as Agilysys demonstrates strong financial performance, with 16% revenue growth and a "GOOD" overall health score according to InvestingPro analysis. While the stock trades at premium multiples, analysts maintain a bullish outlook with upside potential. For deeper insights into AGYS’s valuation and growth prospects, investors can access 13 additional ProTips and comprehensive analysis through InvestingPro’s detailed research report.
In other recent news, Agilysys Inc. reported impressive fourth-quarter earnings for fiscal year 2025, surpassing analyst expectations with earnings per share of $0.54, compared to a forecast of $0.35. The company’s revenue reached $74.3 million, exceeding projections of $71.58 million, marking a 19.4% year-over-year increase. Needham analysts responded by raising their price target for Agilysys shares to $105, citing robust subscription growth and professional services revenue as key drivers. Despite a revenue guidance for fiscal year 2026 that was below expectations, Needham believes the projection might be conservative, given the potential revenue from the upcoming Marriott Property Management System roll-out.
Cantor Fitzgerald initiated coverage on Agilysys with an Overweight rating, setting a price target of $125, reflecting confidence in the company’s position in the hospitality market. The analysts highlighted Agilysys’s strong revenue growth and potential to leverage digital transformation trends. Agilysys’s strategic initiatives, including a contract with Marriott, are expected to drive significant growth, with major topline growth anticipated to begin in late 2025.
The company’s fourth-quarter performance was further bolstered by a 42.7% year-over-year increase in subscription revenue, contributing significantly to overall growth. Agilysys’s backlog grew by 26% year-over-year, with the addition of 16 new logos in the fourth quarter. The recent announcement that Boyd Gaming (NYSE:BYD) will implement Agilysys’s point-of-sale system across 28 properties underscores the company’s growth trajectory. Analysts from Needham express confidence that Agilysys’s financial performance and market opportunities have potential for upward revisions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.