Asure Software (ASUR) Set to Announce Earnings on Thursday

Asure Software (NASDAQ:ASURGet Free Report) is scheduled to post its quarterly earnings results 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.Parties that wish to register for the company’s conference call can do so using this link.

Asure Software (NASDAQ:ASURGet Free Report) last announced its quarterly earnings data on Thursday, August 1st. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.03). Asure Software had a negative net margin of 9.07% and a positive return on equity of 3.75%. The business had revenue of $28.04 million during the quarter, compared to analyst estimates of $28.56 million. 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 Price Performance

Shares of Asure Software stock opened at $9.61 on Thursday. The firm has a market cap of $248.06 million, a P/E ratio of -22.35, a price-to-earnings-growth ratio of 0.92 and a beta of 0.55. The firm’s 50-day simple moving average is $8.80 and its 200-day simple moving average is $8.33. Asure Software has a twelve month low of $6.30 and a twelve month high of $10.52. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.11 and a current ratio of 1.11.

Insider Activity

In other Asure Software news, CRO Eyal Goldstein sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $8.44, for a total value of $84,400.00. Following the completion of the transaction, the executive now directly owns 239,243 shares of the company’s stock, valued at approximately $2,019,210.92. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Asure Software news, CRO Eyal Goldstein sold 10,000 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $8.44, for a total value of $84,400.00. Following the transaction, the executive now directly owns 239,243 shares in the company, valued at approximately $2,019,210.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 value of $43,450.00. Following the completion of the sale, the director now directly owns 28,165 shares of the company’s stock, valued at $244,753.85. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 8.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently commented on ASUR. Barrington Research reaffirmed an “outperform” rating and issued a $17.00 price target on shares of Asure Software in a research note on Tuesday. Stephens initiated coverage on shares of Asure Software in a research note on Wednesday, October 16th. They issued an “overweight” rating and a $13.00 target price on the stock. Finally, Needham & Company LLC reiterated a “buy” rating and set a $20.00 target price on shares of Asure Software in a research report on Friday, August 2nd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Asure Software has a consensus rating of “Moderate Buy” and an average price target of $13.33.

Read Our Latest Research Report on ASUR

About Asure Software

(Get Free Report)

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.

See Also

Earnings History for Asure Software (NASDAQ:ASUR)

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