Barrington Research Estimates Asure Software FY2026 Earnings

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) - Stock analysts at Barrington Research decreased their FY2026 EPS estimates for Asure Software in a report released on Monday, August 4th. Barrington Research analyst V. Colicchio now expects that the technology company will post earnings per share of $0.77 for the year, down from their previous forecast of $0.83. Barrington Research currently has a "Outperform" rating and a $15.00 target price on the stock. The consensus estimate for Asure Software's current full-year earnings is $0.37 per share.

Separately, Needham & Company LLC reduced their target price on shares of Asure Software from $20.00 to $15.00 and set a "buy" rating for the company in a research note on Friday, August 1st. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $13.60.

Asure Software Price Performance

ASUR opened at $8.57 on Thursday. The company has a market capitalization of $234.85 million, a price-to-earnings ratio of -14.79, a PEG ratio of 0.83 and a beta of 0.41. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.33. The firm has a 50-day moving average price of $9.89 and a 200-day moving average price of $10.17. Asure Software has a twelve month low of $7.51 and a twelve month high of $12.74.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in ASUR. Kennedy Capital Management LLC purchased a new position in shares of Asure Software during the fourth quarter worth approximately $3,338,000. Advisor Resource Council purchased a new position in shares of Asure Software in the first quarter worth $1,864,000. ArrowMark Colorado Holdings LLC increased its stake in shares of Asure Software by 24.5% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 714,330 shares of the technology company's stock worth $6,722,000 after buying an additional 140,711 shares during the period. Royce & Associates LP increased its stake in shares of Asure Software by 60.4% in the first quarter. Royce & Associates LP now owns 276,670 shares of the technology company's stock worth $2,642,000 after buying an additional 104,170 shares during the period. Finally, Nuveen LLC purchased a new position in shares of Asure Software in the first quarter worth $709,000. 71.58% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Asure Software

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

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