Asure Software (ASUR) to Release Quarterly Earnings on Thursday

Asure Software (NASDAQ:ASUR) is expected to be announcing its earnings results after the market closes on Thursday, March 6th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $30.82 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Asure Software Price Performance

Shares of Asure Software stock opened at $10.22 on Wednesday. The business has a 50 day simple moving average of $11.23 and a two-hundred day simple moving average of $9.83. Asure Software has a 12 month low of $6.89 and a 12 month high of $12.74. The stock has a market capitalization of $271.38 million, a P/E ratio of -21.74, a PEG ratio of 1.11 and a beta of 0.56. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.07 and a quick ratio of 1.07.

Analysts Set New Price Targets

ASUR has been the subject of a number of research analyst reports. Stephens reissued an “overweight” rating and set a $13.00 target price on shares of Asure Software in a report on Wednesday, January 15th. Needham & Company LLC reissued a “buy” rating and set a $20.00 target price on shares of Asure Software in a report on Wednesday, January 15th. Stifel Nicolaus increased their target price on Asure Software from $10.00 to $11.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Northland Securities increased their target price on Asure Software from $12.50 to $14.00 and gave the company an “outperform” rating in a report on Wednesday, January 8th. Finally, Lake Street Capital raised Asure Software from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $14.17.

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.