Published on 11 Sep 2023 on Simply Wall St. via Yahoo Finance
Should Weakness in Agilysys, Inc.'s (NASDAQ:AGYS) Stock Be Seen As A Sign That Market Will Correct...
It is hard to get excited after looking at Agilysys' (NASDAQ:AGYS) recent performance, when its stock has declined 4.7% over the past three months. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Particularly, we will be paying attention to Agilysys' ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
See our latest analysis for Agilysys