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

Asure Software (NASDAQ:ASUR) will post its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Asure Software to post earnings of $0.21 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Asure Software (NASDAQ:ASUR) last issued its quarterly earnings data on Monday, February 26th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.01. The firm had revenue of $26.26 million during the quarter, compared to the consensus estimate of $26.45 million. Asure Software had a negative net margin of 7.74% and a positive return on equity of 4.30%. 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 Trading Up 2.4 %

Shares of ASUR stock opened at $7.20 on Thursday. Asure Software has a 12-month low of $6.30 and a 12-month high of $15.88. The firm has a 50 day moving average price of $8.41 and a two-hundred day moving average price of $8.49. The company has a market capitalization of $185.47 million, a PE ratio of -18.00, a price-to-earnings-growth ratio of 0.69 and a beta of 0.72. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.02.

Analysts Set New Price Targets

ASUR has been the topic of several recent research reports. Barrington Research reaffirmed an “outperform” rating and set a $17.00 target price on shares of Asure Software in a report on Tuesday, February 27th. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 target price on shares of Asure Software in a report on Friday, January 19th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $15.20.

About Asure Software

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.