Asure Software (ASUR) Set to Announce Quarterly Earnings on Thursday

Asure Software (NASDAQ:ASUR - Get Free Report) is scheduled to release its earnings data after the market closes on Thursday, October 31st. Analysts expect Asure Software to post earnings of $0.18 per share for the quarter. Asure Software has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Persons that wish to register for the company's earnings conference call can do so using this link.

Asure Software (NASDAQ:ASUR - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The technology company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.03). Asure Software had a positive return on equity of 3.75% and a negative net margin of 9.07%. The firm had revenue of $28.04 million during the quarter, compared to analysts' expectations of $28.56 million. On average, analysts expect Asure Software to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Asure Software Stock Down 0.1 %

ASUR traded down $0.01 during trading on Thursday, hitting $9.60. 78,675 shares of the company's stock traded hands, compared to its average volume of 154,486. The stock has a market capitalization of $254.02 million, a price-to-earnings ratio of -22.86, a PEG ratio of 0.94 and a beta of 0.55. The company's 50 day simple moving average is $8.86 and its two-hundred day simple moving average is $8.35. Asure Software has a 12-month low of $6.30 and a 12-month high of $10.52. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.03.

Analyst Ratings Changes

ASUR has been the subject of several research analyst reports. Needham & Company LLC reiterated a "buy" rating and issued a $20.00 price objective on shares of Asure Software in a report on Friday, August 2nd. Stephens initiated coverage on shares of Asure Software in a research note on Wednesday, October 16th. They issued an "overweight" rating and a $13.00 price target for the company. Finally, Barrington Research restated an "outperform" rating and set a $17.00 price objective on shares of Asure Software in a research report on Tuesday. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $13.33.

Insider Buying and Selling at Asure Software

In other Asure Software news, Director Daniel M. Gill sold 5,000 shares of the stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $8.69, for a total value of $43,450.00. Following the transaction, the director now owns 28,165 shares of the company's stock, valued at approximately $244,753.85. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Asure Software news, CRO Eyal Goldstein sold 10,000 shares of the stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $8.44, for a total value of $84,400.00. Following the transaction, the executive now owns 239,243 shares of the company's stock, valued at approximately $2,019,210.92. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Daniel M. Gill sold 5,000 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $8.69, for a total value of $43,450.00. Following the completion of the transaction, the director now directly owns 28,165 shares in the company, valued at approximately $244,753.85. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 8.90% of the stock is owned by corporate insiders.

About Asure Software

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.