Northland Securities Issues Positive Forecast for Asure Software (NASDAQ:ASUR) Stock Price

Asure Software (NASDAQ:ASUR - Get Free Report) had its price target lifted by stock analysts at Northland Securities from $12.50 to $14.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an "outperform" rating on the technology company's stock. Northland Securities' price target indicates a potential upside of 23.57% from the stock's current price.

A number of other research analysts also recently commented on ASUR. Barrington Research reissued an "outperform" rating and set a $17.00 target price on shares of Asure Software in a research report on Monday, October 28th. Lake Street Capital raised Asure Software from a "hold" rating to a "buy" rating in a research report on Tuesday. Stephens assumed coverage on shares of Asure Software in a report on Wednesday, October 16th. They issued an "overweight" rating and a $13.00 target price for the company. Stifel Nicolaus raised their price target on shares of Asure Software from $10.00 to $11.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $20.00 price objective on shares of Asure Software in a research report on Friday, November 1st. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $14.17.

Asure Software Trading Down 0.4 %

Shares of NASDAQ:ASUR traded down $0.04 on Wednesday, hitting $11.33. 186,599 shares of the company's stock were exchanged, compared to its average volume of 205,140. Asure Software has a 12 month low of $6.89 and a 12 month high of $11.47. The business's 50 day simple moving average is $9.39 and its two-hundred day simple moving average is $9.07. The stock has a market capitalization of $300.86 million, a price-to-earnings ratio of -24.11, a price-to-earnings-growth ratio of 1.64 and a beta of 0.53. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.07 and a quick ratio of 1.07.

Hedge Funds Weigh In On Asure Software

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC increased its holdings in Asure Software by 350.8% in the 3rd quarter. FMR LLC now owns 6,681 shares of the technology company's stock worth $60,000 after buying an additional 5,199 shares during the period. Huntington National Bank acquired a new stake in shares of Asure Software in the third quarter worth $64,000. American Century Companies Inc. raised its holdings in shares of Asure Software by 21.2% during the second quarter. American Century Companies Inc. now owns 27,145 shares of the technology company's stock worth $228,000 after purchasing an additional 4,756 shares during the last quarter. Rhumbline Advisers lifted its position in Asure Software by 11.4% during the second quarter. Rhumbline Advisers now owns 28,802 shares of the technology company's stock valued at $242,000 after purchasing an additional 2,948 shares during the period. Finally, Barclays PLC grew its position in Asure Software by 225.7% during the 3rd quarter. Barclays PLC now owns 31,075 shares of the technology company's stock worth $281,000 after purchasing an additional 21,533 shares during the period. Hedge funds and other institutional investors own 71.58% of the company's stock.

Asure Software Company Profile

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.