NASDAQ:ASUR

Asure Software (ASUR) Stock Forecast, Price & News

$11.90

-0.04 (-0.34%)

(As of 05/26/2023 04:00 PM ET)

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Today's Range: $11.87
▼
$12.19
50-Day Range: $11.90
▼
$16.83
52-Week Range: $4.87
▼
$17.14

Volume: 244,200 shs
Average Volume: 302,289 shs
Market Capitalization: $245.38 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $16.38

Asure Software MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.71 Rating Score
Upside/Downside: 37.6% Upside
$16.38 Price Target
Short Interest: Healthy
3.95% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.94
Based on 3 Articles This Week
Insider Trading: Selling Shares
$579,892 Sold Last Quarter
Proj. Earnings Growth: 76.92%
From $0.13 to $0.23 Per Share

Overall MarketRank^™

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

2.50 out of 5 stars

Computer And Technology Sector

34th out of 618 stocks

Computer Integrated Systems Design Industry

3rd out of 40 stocks

3.4

Analyst's Opinion

Consensus Rating
Asure Software has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 6 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $16.38, Asure Software has a forecasted upside of 37.6% from its current price of $11.90.
Amount of Analyst Coverage
Asure Software has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.95% of the float of Asure Software has been sold short.
Short Interest Ratio / Days to Cover
Asure Software has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Asure Software has recently decreased by 0.07%, indicating that investor sentiment is improving.

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.

2.2

News and Social Media Coverage

News Sentiment
Asure Software has a news sentiment score of 0.94. 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 0.58 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Asure Software this week, compared to 3 articles on an average week.
Search Interest
Only 10 people have searched for ASUR on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Asure Software to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Asure Software insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $579,892.00 in company stock.
Percentage Held by Insiders
Only 7.60% of the stock of Asure Software is held by insiders.
Percentage Held by Institutions
61.70% of the stock of Asure Software is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Asure Software are expected to grow by 76.92% in the coming year, from $0.13 to $0.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Asure Software is -22.04, 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 -22.04, 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 3.39. 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 1.65. 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 (NASDAQ:ASUR) Stock

Asure Software, Inc. delivers human capital management solutions through the lens of entrepreneurs and executives with an owner's mentality. It helps small and mid-sized businesses to develop their human capital and allocate their time, money and technology toward growth. Its solutions include Asure Payroll & Tax, Asure HR, and Asure Time & Attendance. The firm's Asure HRServices offer ranges from online compliance tools to a fully outsourced HR department. The company was founded in 1985 and is headquartered in Austin, TX.

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ASUR Stock News Headlines

May 25, 2023 | forbes.com

How AI Is Changing Automation Testing In Quality Assurance

May 22, 2023 | technews.tmcnet.com

Beat Capital Partners Chooses DXC Assure Insurance Platform for New Era of Digital Insurance

May 30, 2023 | Edge On The Street (Ad)

How to Invest in AI's Fast-Growing Market

The AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.

May 22, 2023 | benzinga.com

Asure's Growth Validated with Addition to Preliminary Reconstituted Russell 3000® Index

May 22, 2023 | msn.com

Asure Software added to Russell 3000 Index

May 22, 2023 | finance.yahoo.com

Asure’s Growth Validated with Addition to Preliminary Reconstituted Russell 3000® Index

May 22, 2023 | finance.yahoo.com

Asure’s Growth Validated with Addition to Preliminary Reconstituted Russell 3000® Index

May 20, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Asure Software (NASDAQ:ASUR)

May 30, 2023 | Edge On The Street (Ad)

How to Invest in AI's Fast-Growing Market

May 19, 2023 | finance.yahoo.com

Asure Software, Inc. (NASDAQ:ASUR) is largely controlled by institutional shareholders who own 74% of the company

May 19, 2023 | americanbankingnews.com

Asure Software, Inc. (NASDAQ:ASUR) Receives Consensus Rating of "Moderate Buy" from Analysts

May 17, 2023 | finance.yahoo.com

Asure Harnesses AI to Reinforce HR Compliance Service Scalability and Improve Client Interactions

May 11, 2023 | finance.yahoo.com

3 Small-Cap Tech Stocks That Appear Ready to Resume Their Rallies

May 11, 2023 | americanbankingnews.com

Asure Software (NASDAQ:ASUR) PT Raised to $17.00

May 11, 2023 | americanbankingnews.com

Asure Software (NASDAQ:ASUR) PT Raised to $19.00

May 10, 2023 | finanznachrichten.de

Asure Software, Inc: Asure Announces First Quarter 2023 Results

May 10, 2023 | finance.yahoo.com

Wall Street Analysts See Asure Software Inc (ASUR) as a Buy: Should You Invest?

May 10, 2023 | msn.com

Lake Street Maintains Asure Software (ASUR) Buy Recommendation

May 9, 2023 | msn.com

Roth MKM Maintains Asure Software (ASUR) Buy Recommendation

May 9, 2023 | theglobeandmail.com

Why Are Asure Software (ASUR) Shares Soaring Today

May 8, 2023 | finance.yahoo.com

Asure Announces First Quarter 2023 Results

May 8, 2023 | benzinga.com

Asure Software Q1 EPS $0.02 Misses $0.17 Estimate, Sales $33.06M Beat $29.42M Estimate

May 8, 2023 | theglobeandmail.com

Asure Software (NASDAQ:ASUR) Surprises With Strong Q1, Stock Soars

May 7, 2023 | americanbankingnews.com

Asure Software (ASUR) Scheduled to Post Earnings on Monday

May 2, 2023 | msn.com

Barrington Research Reiterates Asure Software (ASUR) Outperform Recommendation

May 1, 2023 | msn.com

Best Growth Stocks to Buy for May 1st

April 28, 2023 | finance.yahoo.com

With Remote Work Here to Stay, Asure’s (NASDAQ: ASUR) Partnership With Harbor Compliance Will Help SMBs Navigate Multi-State Payroll and Labor Regulatory Requirements

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ASUR Company Calendar

Last Earnings: 11/08/2021
Today: 5/30/2023
Next Earnings (Estimated): 8/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer integrated systems design
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:ASUR
CUSIP: N/A
CIK: 884144
Web: www.asuresoftware.com
Phone: (512) 437-2700
Fax: 512-437-2718
Employees: 508
Year Founded: 1985

Price Target and Rating

Average Stock Price Forecast: $16.38
High Stock Price Forecast: $23.00
Low Stock Price Forecast: $8.00
Forecasted Upside/Downside: +37.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.71
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.54)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 91.54
P/E Growth: 3.39
Net Income: $-14,470,000.00
Net Margins: -10.63%
Pretax Margin: -10.77%
Return on Equity: 2.89%
Return on Assets: 1.03%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 1.06
Quick Ratio: 1.06

Sales & Book Value

Annual Sales: $95.83 million
Price / Sales: 2.56
Cash Flow: $1.06 per share
Price / Cash Flow: 11.18
Book Value: $7.20 per share
Price / Book: 1.65

Miscellaneous

Outstanding Shares: 20,620,000
Free Float: 19,056,000
Market Cap: $245.38 million
Optionable: Optionable
Beta: 0.70

Social Links

Key Executives

Pat Goepel
Chairman & Chief Executive Officer

Eyal Goldstein
President & Chief Revenue Officer

John F. Pence
Chief Financial Officer & Secretary

Mike Vannoy
Vice President-Marketing

Randal Joseph Rudniski
Vice President-Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ASUR Stock - Frequently Asked Questions

Should I buy or sell Asure Software stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Asure Software in the last twelve months. There are currently 1 sell rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ASUR shares.
View ASUR analyst ratings or view top-rated stocks.
What is Asure Software's stock price forecast for 2023?: 7 analysts have issued 1 year price targets for Asure Software's shares. Their ASUR share price forecasts range from $8.00 to $23.00. On average, they expect the company's stock price to reach $16.38 in the next twelve months. This suggests a possible upside of 37.6% 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 start of the year. Since then, ASUR stock has increased by 27.4% and is now trading at $11.90.
View the best growth stocks for 2023 here.
When is Asure Software's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our ASUR earnings forecast.
How were Asure Software's earnings last quarter?: Asure Software, Inc. (NASDAQ:ASUR) announced its quarterly earnings results on Monday, November, 8th. The technology company reported ($0.01) earnings per share 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 the consensus estimate of $17.28 million. Asure Software had a negative net margin of 10.63% and a positive trailing twelve-month return on equity of 2.89%. During the same period last year, the business posted ($0.07) earnings per share.
What ETFs hold Asure Software's stock?: ETFs with the largest weight of Asure Software (NASDAQ:ASUR) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC),
What guidance has Asure Software issued on next quarter's earnings?: Asure Software updated its second quarter 2023 earnings guidance on Monday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $25.00 million-$26.00 million, compared to the consensus revenue estimate of $23.89 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).
What is Asure Software's stock symbol?: Asure Software trades on the NASDAQ under the ticker symbol "ASUR."
Who are Asure Software's major shareholders?: Asure Software's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Private Capital Management LLC (15.95%), S Squared Technology LLC (4.12%), Dimensional Fund Advisors LP (3.34%), Next Century Growth Investors LLC (2.53%), Wasatch Advisors LP (2.53%) and P.A.W. Capital Corp (1.37%). 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.
What is Asure Software's stock price today?: One share of ASUR stock can currently be purchased for approximately $11.90.
How much money does Asure Software make?: Asure Software (NASDAQ:ASUR) has a market capitalization of $245.38 million and generates $95.83 million in revenue each year. The technology company earns $-14,470,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis.
How many employees does Asure Software have?: The company employs 508 workers across the globe.
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
How can I contact Asure Software?: Asure Software's mailing address is 3700 N CAPITAL OF TEXAS HWY #350, AUSTIN TX, 78746. The official website for the company is www.asuresoftware.com. The technology company can be reached via phone at (512) 437-2700, via email at cbass@marketstreetpartners.com, or via fax at 512-437-2718.

This page (NASDAQ:ASUR) was last updated on 5/30/2023 by MarketBeat.com Staff

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