FY2026 EPS Estimate for Asure Software Reduced by Analyst

Key Points

• Barrington Research has lowered its FY2026 EPS estimate for Asure Software from $0.83 to $0.77, while maintaining an "Outperform" rating with a target price of $15.00.
• Needham & Company has also cut its target price from $20.00 to $15.00, while six analysts have rated the stock as a buy.
• Recent insider activity includes CEO Patrick Goepel purchasing 5,250 shares and Director William Carl Drew buying 25,000 shares, indicating confidence in the company’s future performance.

Asure Software Inc (NASDAQ:ASUR - Free Report) - Analysts at Barrington Research decreased their FY2026 earnings per share (EPS) estimates for shares of Asure Software in a research report issued on Monday, August 4th. Barrington Research analyst V. Colicchio now forecasts that the technology company will earn $0.77 per share for the year, down from their prior estimate of $0.83. Barrington Research has a "Outperform" rating and a $15.00 price objective on the stock. The consensus estimate for Asure Software's current full-year earnings is $0.37 per share.

Separately, Needham & Company LLC dropped their target price on Asure Software from $20.00 to $15.00 and set a "buy" rating on the stock in a research report on Friday, August 1st. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, Asure Software presently has an average rating of "Buy" and an average price target of $13.60.

Asure Software Trading Down 0.8%

Asure Software stock traded down $0.07 during midday trading on Thursday, reaching $8.14. The stock had a trading volume of 53,736 shares, compared to its average volume of 89,715. The stock's 50-day simple moving average is $9.83 and its 200 day simple moving average is $10.08. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.27 and a current ratio of 1.27. Asure Software has a twelve month low of $7.51 and a twelve month high of $12.74. The stock has a market capitalization of $223.27 million, a PE ratio of -14.07, a price-to-earnings-growth ratio of 0.99 and a beta of 0.41.

Institutional Trading of Asure Software

Hedge funds and other institutional investors have recently modified their holdings of the company. PNC Financial Services Group Inc. grew its position in Asure Software by 11.5% during the second quarter. PNC Financial Services Group Inc. now owns 13,409 shares of the technology company's stock worth $131,000 after buying an additional 1,378 shares in the last quarter. R Squared Ltd acquired a new stake in Asure Software during the 2nd quarter worth $123,000. Equitable Trust Co. grew its holdings in Asure Software by 8.8% during the 2nd quarter. Equitable Trust Co. now owns 109,395 shares of the technology company's stock worth $1,068,000 after acquiring an additional 8,805 shares during the period. Inspire Investing LLC acquired a new stake in Asure Software during the 1st quarter worth $703,000. Finally, Jane Street Group LLC acquired a new position in shares of Asure Software in the 1st quarter valued at $240,000. 71.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Patrick Goepel bought 5,250 shares of the firm's stock in a transaction on Wednesday, August 6th. The stock was bought at an average cost of $8.16 per share, for a total transaction of $42,840.00. Following the completion of the purchase, the chief executive officer directly owned 1,307,622 shares in the company, valued at approximately $10,670,195.52. The trade was a 0.40% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William Carl Drew acquired 25,000 shares of Asure Software stock in a transaction dated Tuesday, August 5th. The shares were acquired at an average price of $8.30 per share, with a total value of $207,500.00. Following the completion of the transaction, the director owned 103,165 shares of the company's stock, valued at approximately $856,269.50. This trade represents a 31.98% increase in their position. The disclosure for this purchase can be found here. Insiders own 8.70% of the company's stock.

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.