Asure Software (ASUR) Set to Announce Earnings on Thursday

Asure Software (NASDAQ:ASUR) will be releasing its earnings data after the market closes on Thursday, October 31st. Analysts expect Asure Software to post earnings of $0.18 per share for the quarter. Asure Software has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Asure Software (NASDAQ:ASUR) last announced its quarterly earnings results on Thursday, August 1st. The technology company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.03). The company had revenue of $28.04 million during the quarter, compared to analyst estimates of $28.56 million. Asure Software had a negative net margin of 9.07% and a positive return on equity of 3.75%. On average, analysts expect Asure Software to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Asure Software Stock Down 0.8 %

Shares of ASUR opened at $9.63 on Tuesday. The firm has a market cap of $254.81 million, a PE ratio of -22.93, a price-to-earnings-growth ratio of 0.95 and a beta of 0.55. The company’s fifty day moving average is $8.91 and its two-hundred day moving average is $8.39. Asure Software has a fifty-two week low of $6.30 and a fifty-two week high of $10.52. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.03.

Analyst Ratings Changes

Several equities analysts recently weighed in on ASUR shares. Stephens started coverage on shares of Asure Software in a report on Wednesday, October 16th. They set an “overweight” rating and a $13.00 target price on the stock. Barrington Research restated an “outperform” rating and set a $17.00 target price on shares of Asure Software in a report on Monday. Finally, Needham & Company LLC restated a “buy” rating and set a $20.00 target price on shares of Asure Software in a report on Friday, August 2nd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Asure Software presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.33.

Insider Buying and Selling

In related news, CRO Eyal Goldstein sold 10,000 shares of Asure Software stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $8.44, for a total transaction of $84,400.00. Following the sale, the executive now owns 239,243 shares of the company’s stock, valued at $2,019,210.92. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director Daniel M. Gill sold 5,000 shares of Asure Software stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $8.69, for a total transaction of $43,450.00. Following the sale, the director now owns 28,165 shares of the company’s stock, valued at $244,753.85. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CRO Eyal Goldstein sold 10,000 shares of Asure Software stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $8.44, for a total transaction of $84,400.00. Following the sale, the executive now directly owns 239,243 shares in the company, valued at $2,019,210.92. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 8.90% of the stock is currently owned by insiders.

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.