Asure Software (NASDAQ:ASUR - Get Free Report) released its quarterly earnings data on Thursday. The technology company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.17 by ($0.07), Zacks reports. Asure Software had a positive return on equity of 3.75% and a negative net margin of 10.54%. The business had revenue of $30.79 million during the quarter, compared to analyst estimates of $30.82 million. Asure Software updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.
Asure Software Stock Performance
Shares of NASDAQ:ASUR traded down $0.62 on Monday, hitting $10.33. The company's stock had a trading volume of 35,665 shares, compared to its average volume of 121,267. The company has a market capitalization of $274.17 million, a price-to-earnings ratio of -21.92, a price-to-earnings-growth ratio of 1.11 and a beta of 0.60. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.07. Asure Software has a 12 month low of $6.89 and a 12 month high of $12.74. The stock's 50-day moving average is $11.29 and its two-hundred day moving average is $9.87.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the stock. Needham & Company LLC reissued a "buy" rating and issued a $20.00 target price on shares of Asure Software in a report on Friday. Northland Securities raised their price target on Asure Software from $12.50 to $14.00 and gave the stock an "outperform" rating in a report on Wednesday, January 8th. Lake Street Capital upgraded Asure Software from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Stephens reaffirmed an "overweight" rating and issued a $13.00 target price on shares of Asure Software in a research report on Friday. Finally, Barrington Research reiterated an "outperform" rating and issued a $17.00 target price on shares of Asure Software in a research note on Friday. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $14.17.
Read Our Latest Stock Analysis on Asure Software
Asure Software Company Profile
(
Get Free Report)
Asure Software, Inc engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States. It provides its human resources (HR) tool as Software-as-a-Service that helps various small and medium-sized businesses to build productive workforce to help them stay compliant and allocate resources to grow their business.
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