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Are Computer and Technology Stocks Lagging Agilysys (AGYS) This Year?
AGYSAgilysys(AGYS) ZACKS·2024-11-25 15:41

Company Overview - Agilysys (AGYS) is currently ranked 2 (Buy) in the Zacks Rank, indicating a strong potential for outperforming the market in the near term [3] - The stock has shown a year-to-date return of approximately 62.1%, significantly higher than the average return of 28.1% for the Computer and Technology sector [4] Earnings Outlook - Over the past three months, the Zacks Consensus Estimate for Agilysys' full-year earnings has increased by 31.5%, reflecting improved analyst sentiment and earnings outlook [4] Industry Performance - Agilysys operates within the Computer - Integrated Systems industry, which consists of 9 companies and is currently ranked 81 in the Zacks Industry Rank [6] - The industry has seen an average gain of about 13.2% year-to-date, indicating that Agilysys is outperforming its peers within this specific industry [6] Comparative Analysis - Another notable stock in the Computer and Technology sector is C3.ai, Inc. (AI), which has returned 30.3% year-to-date and is also ranked 2 (Buy) [5] - C3.ai operates in the Computers - IT Services industry, which has 40 stocks and is ranked 61, with a year-to-date gain of 17.1% [7]