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NASDAQ:ASUR

Asure Software (ASUR) Stock Price, News & Analysis

Asure Software logo
$9.12 -0.02 (-0.22%)
(As of 12/20/2024 05:15 PM ET)

About Asure Software Stock (NASDAQ:ASUR)

Key Stats

Today's Range
$9.02
$9.21
50-Day Range
$8.31
$9.92
52-Week Range
$6.89
$10.52
Volume
330,169 shs
Average Volume
148,122 shs
Market Capitalization
$242.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.92
Consensus Rating
Buy

Company Overview

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. The company's solutions include Asure Payroll & Tax, an integrated solution that simplifies payroll and automates regulations associated with payroll and taxes, including wages, benefits, overtime, garnishments, tips, direct deposits, and fair labor standard act, as well as federal, state, and local payroll taxes; and Tax Management Solutions, that provides payroll tax processing software and service solutions, as well as bulk filing and processing support of employee retention tax credits, for the payroll service industry, mid-market, and corporate employers. It also provides HR compliance and services, including HR support, which provides an on-demand HR resource library, phone, and email support for various HR issues and compliance, and policy updates; Strategic HR, which provides in-depth support for strategic HR decision making; and Total HR, which provides a complete HR outsourcing solution, for handling HR complexities, such as employee self-service, applicant tracking, onboarding, and compliance. In addition, the company offers Time and Attendance, which provides cost savings and return on investment gains come in the form of strategic use of labor dollars and the elimination of time theft; and AsureMarketplace that automates interactions between its HCM systems with third-party providers. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas.

Asure Software Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

ASUR MarketRank™: 

Asure Software scored higher than 71% of companies evaluated by MarketBeat, and ranked 257th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Asure Software has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Asure Software has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Asure Software's stock forecast and price target.
  • Earnings Growth

    Earnings for Asure Software are expected to grow by 72.97% in the coming year, from $0.37 to $0.64 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Asure Software is -19.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Asure Software is -19.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Asure Software has a PEG Ratio of 1.64. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Asure Software has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.03% of the outstanding shares of Asure Software have been sold short.
  • Short Interest Ratio / Days to Cover

    Asure Software has a short interest ratio ("days to cover") of 8.7.
  • Change versus previous month

    Short interest in Asure Software has recently increased by 12.93%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Asure Software does not currently pay a dividend.

  • Dividend Growth

    Asure Software does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.03% of the outstanding shares of Asure Software have been sold short.
  • Short Interest Ratio / Days to Cover

    Asure Software has a short interest ratio ("days to cover") of 8.7.
  • Change versus previous month

    Short interest in Asure Software has recently increased by 12.93%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Asure Software has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Asure Software this week, compared to 4 articles on an average week.
  • Search Interest

    Only 1 people have searched for ASUR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Asure Software insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 8.90% of the stock of Asure Software is held by insiders.

  • Percentage Held by Institutions

    71.58% of the stock of Asure Software is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Asure Software's insider trading history.
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ASUR Stock News Headlines

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ASUR Stock Analysis - Frequently Asked Questions

Asure Software's stock was trading at $9.52 on January 1st, 2024. Since then, ASUR shares have decreased by 4.2% and is now trading at $9.12.
View the best growth stocks for 2024 here
.

Asure Software, Inc. (NASDAQ:ASUR) posted its quarterly earnings results on Monday, November, 8th. The technology company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. The technology company earned $17.98 million during the quarter, compared to analyst estimates of $17.28 million. Asure Software had a positive trailing twelve-month return on equity of 3.75% and a negative net margin of 10.54%.

The following companies are subsidiaries of Asure Software: Payroll Maxx, USA Payroll, Austin HR, Evolution HCM, Occupeye, Pay Systems of America Inc., Savers Administrative Services, and more.

Asure Software's top institutional investors include Needham Investment Management LLC (9.35%), Swedbank AB (2.91%), Swedbank AB (2.82%) and Geode Capital Management LLC (2.19%). Insiders that own company stock include Patrick Goepel, Eyal Goldstein, Bradford Scovill Oberwager and Daniel M Gill.
View institutional ownership trends
.

Shares of ASUR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Asure Software investors own include Voyager Therapeutics (VYGR), Humana (HUM), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Last Earnings
11/08/2021
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
Computer Software
Current Symbol
NASDAQ:ASUR
Employees
500
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$13.92
High Stock Price Target
$20.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+52.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-9,210,000.00
Pretax Margin
-10.30%

Debt

Sales & Book Value

Annual Sales
$115.26 million
Cash Flow
$1.12 per share
Book Value
$7.71 per share

Miscellaneous

Free Float
24,191,000
Market Cap
$242.17 million
Optionable
Optionable
Beta
0.53

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This page (NASDAQ:ASUR) was last updated on 12/21/2024 by MarketBeat.com Staff
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