Should I buy or sell Asure Software stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asure Software in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ASUR shares. View ASUR analyst ratings or view top-rated stocks .

What is Asure Software's stock price target for 2024?

8 Wall Street analysts have issued 12 month price objectives for Asure Software's shares. Their ASUR share price targets range from $8.00 to $23.00. On average, they anticipate the company's stock price to reach $16.29 in the next twelve months. This suggests a possible upside of 102.8% from the stock's current price. View analysts price targets for ASUR or view top-rated stocks among Wall Street analysts .

How have ASUR shares performed in 2023?

Asure Software's stock was trading at $9.34 at the beginning of the year. Since then, ASUR shares have decreased by 14.0% and is now trading at $8.03. View the best growth stocks for 2023 here .

Are investors shorting Asure Software?

Asure Software saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 738,800 shares, an increase of 13.3% from the October 31st total of 652,300 shares. Based on an average daily volume of 318,700 shares, the days-to-cover ratio is presently 2.3 days. View Asure Software's Short Interest .

When is Asure Software's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024. View our ASUR earnings forecast .

How were Asure Software's earnings last quarter?

Asure Software, Inc. (NASDAQ:ASUR) announced its earnings results on Monday, November, 8th. The technology company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. The technology company earned $17.98 million during the quarter, compared to analysts' expectations of $17.28 million. Asure Software had a positive trailing twelve-month return on equity of 5.99% and a negative net margin of 5.48%. During the same period in the prior year, the company earned ($0.07) earnings per share.

What guidance has Asure Software issued on next quarter's earnings?

Asure Software issued an update on its fourth quarter 2023 earnings guidance on Monday, November, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $25.00 million-$27.00 million, compared to the consensus revenue estimate of $29.08 million.

What is Pat Goepel's approval rating as Asure Software's CEO?

126 employees have rated Asure Software Chief Executive Officer Pat Goepel on Glassdoor.com . Pat Goepel has an approval rating of 52% among the company's employees. This puts Pat Goepel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 35.0% of employees surveyed would recommend working at Asure Software to a friend.

What other stocks do shareholders of Asure Software own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Asure Software investors own include International Business Machines (IBM) , CVS Health (CVS) , Maxar Technologies (MAXR) , Novavax (NVAX) , NVIDIA (NVDA) , ON Semiconductor (ON) , Viking Therapeutics (VKTX) , Micron Technology (MU) , Netflix (NFLX) and Pfizer (PFE) .

Who are Asure Software's major shareholders?

Asure Software's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Private Capital Management LLC (14.50%), S Squared Technology LLC (3.56%), Pacific Ridge Capital Partners LLC (2.60%), Cooper Creek Partners Management LLC (1.62%), Acadian Asset Management LLC (1.43%) and P.A.W. Capital Corp (1.11%). Insiders that own company stock include Bradford Scovill Oberwager, Eyal Goldstein, Patrick Goepel and William Carl Drew . View institutional ownership trends .

How do I buy shares of Asure Software?

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

Does Asure Software have any subsidiaries?

The following companies are subsidiares of Asure Software: ADI Time, Associated Data Services, Associated Data Services Inc., Asure Consulting Inc., Asure Payroll Services Inc., Asure Payroll Tax Management LLC, Austin HR, Compass HRM, Compass HRM Inc., Corporate Payroll Inc. (CPI-HR), Evolution HCM, Evolution Payroll Processing LLC, FotoPunch, Isystems Intermediate Holdco Inc., Legiant, Mangrove Employer Services, Mangrove Employer Services Inc., Mangrove Software Inc., Network Simplicity Software, Occupeye, Pay Systems of America Inc., PaySystems of America Inc., Payroll Maxx, Payroll Maxx LLC, Payroll Specialties NW, PeopleCube, Personnel Management Systems, Roomtag, Savers Administrative Services, Savers Administrative Services Inc., TelePayroll, Telepayroll Inc., The Sheakley Group - Sheakley PaySystems Division, USA Payroll, USA Payrolls Inc., iSarla Inc. (dba iEmployee), iSystems, and iSystems LLC. Read More

Asure Software Stock Price, News & Analysis (NASDAQ:ASUR)

$8.03

-0.02 (-0.25%)

(As of 12/4/2023 ET)

Compare

Today's Range: $7.91
▼
$8.29
50-Day Range: $6.83
▼
$9.49
52-Week Range: $6.30
▼
$17.14

Volume: 310,712 shs
Average Volume: 294,007 shs
Market Capitalization: $199.55 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $16.29

Asure Software MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 102.8% Upside
$16.29 Price Target
Short Interest: Healthy
2.97% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.74
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 27.78%
From $0.36 to $0.46 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.55 out of 5 stars

Computer And Technology Sector

110th out of 593 stocks

Computer Integrated Systems Design Industry

7th out of 34 stocks

3.3

Analyst's Opinion

Consensus Rating
Asure Software has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 6 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $16.29, Asure Software has a forecasted upside of 102.8% from its current price of $8.03.
Amount of Analyst Coverage
Asure Software has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.97% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Asure Software has recently increased by 13.26%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Asure Software does not currently pay a dividend.
Dividend Growth
Asure Software does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ASUR.

2.1

News and Social Media Coverage

News Sentiment
Asure Software has a news sentiment score of 0.74. 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 is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Asure Software this week, compared to 4 articles on an average week.
MarketBeat Follows
Only 1 people have added Asure Software to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

Company Ownership

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 7.60% of the stock of Asure Software is held by insiders.
Percentage Held by Institutions
73.09% of the stock of Asure Software is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Asure Software are expected to grow by 27.78% in the coming year, from $0.36 to $0.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Asure Software is -25.90, 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 -25.90, 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 0.82. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Asure Software has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Asure Software Stock (NASDAQ:ASUR)

Asure Software, Inc. provides cloud-based human capital management (HCM) software and services in the United States. It helps various small and medium-sized businesses to build productive teams to help them stay compliant and allocate resources to grow their business. The company's solutions include Asure Payroll & Tax, an integrated solution 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; human resource compliance that handles HR complexities, such as employee self-service, applicant tracking, onboarding, and compliance; and Asure Time & 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. It also provides HR services that offers services comprising on-demand HR resource library, phone and email support for any HR issues, and compliance and policy updates; support for strategic HR decision making; and HR outsourcing solution. In addition, the company offers payroll tax processing software and service solutions for the payroll service industry, and mid-market and large corporate employers; 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.

ASUR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ASUR Stock News Headlines

November 30, 2023 | americanbankingnews.com

Asure Software, Inc. (NASDAQ:ASUR) Given Average Recommendation of "Moderate Buy" by Analysts

November 22, 2023 | msn.com

Some OpenAI customers are switching or thinking of switching to rivals amid chaos

December 5, 2023 | DTI Trader (Ad)

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November 20, 2023 | forbes.com

Unlocking Cyber Resilience: The Role Of SBOMs In Cybersecurity

November 19, 2023 | finanznachrichten.de

Asure Software, Inc: Asure Announces Third Quarter 2023 Results

November 18, 2023 | finance.yahoo.com

Asure Software Inc (VTE1.SG)

November 15, 2023 | msn.com

Lake Street Downgrades Asure Software (ASUR)

November 15, 2023 | finance.yahoo.com

Austin American-Statesman Names Asure Software A Winner of the Greater Austin Top Workplaces 2023 Award

December 5, 2023 | DTI Trader (Ad)

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November 14, 2023 | marketwatch.com

Asure Software Slides 21% as Company Notes Economic Uncertainty

November 14, 2023 | markets.businessinsider.com

Expert Ratings for Asure Software

November 14, 2023 | finance.yahoo.com

Why Asure (ASUR) Shares Are Getting Obliterated Today

November 14, 2023 | finance.yahoo.com

Asure Software, Inc. (NASDAQ:ASUR) Q3 2023 Earnings Call Transcript

November 14, 2023 | finance.yahoo.com

Q3 2023 Asure Software Inc Earnings Call

November 13, 2023 | msn.com

Asure Software GAAP EPS of -$0.10 beats by $0.06, revenue of $29.3M beats by $2.89M