Asure Software (ASUR) Projected to Post Quarterly Earnings on Thursday

Asure Software (NASDAQ:ASUR) is expected to be posting its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.18 per share and revenue of $34.20 million for the quarter.

Asure Software Stock Up 0.4 %

ASUR opened at $9.40 on Thursday. The company has a market capitalization of $253.60 million, a PE ratio of -20.00, a price-to-earnings-growth ratio of 1.11 and a beta of 0.41. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.07 and a quick ratio of 1.07. Asure Software has a fifty-two week low of $6.89 and a fifty-two week high of $12.74. The business has a 50-day moving average of $9.92 and a 200-day moving average of $10.01.

Insider Buying and Selling

In other Asure Software news, Director Grace G. Lee sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $9.51, for a total value of $71,325.00. Following the sale, the director now owns 32,215 shares of the company’s stock, valued at $306,364.65. This trade represents a 18.88 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 8.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on ASUR shares. Northland Securities lifted their target price on shares of Asure Software from $12.50 to $14.00 and gave the company an “outperform” rating in a research note on Wednesday, January 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Asure Software in a research note on Friday, March 7th. Barrington Research reissued an “outperform” rating and set a $17.00 target price on shares of Asure Software in a research report on Friday, March 7th. Lake Street Capital upgraded Asure Software from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Finally, Stephens reiterated an “overweight” rating and set a $13.00 price target on shares of Asure Software in a research note on Friday, March 7th. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $14.17.

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.