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Asure (DE:VTE1)
BERLIN:VTE1
Holding DE:VTE1?
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VTE1 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€6.40 - €9.55
Previous Close€9.2
Volume0.00
Average Volume (3M)N/A
Market Cap
€246.87M
Enterprise Value€248.48M
Total Cash (Recent Filing)$11.25M
Total Debt (Recent Filing)$12.94M
Price to Earnings (P/E)―
Beta0.65
Next Earnings
Mar 13, 2025EPS Estimate
€0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding26,553,926
10 Day Avg. Volume0
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.09
Price to Sales (P/S)2.02
Price to Cash Flow (P/CF)44.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.16
Enterprise Value/Gross Profit2.90
Enterprise Value/Ebitda21.72
Forecast
1Y Price Target
€12.29Price Target Upside33.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Asure News
PremiumCompany Announcements
Asure Software Reports Strong Recurring Revenue Growth
Bulls Say, Bears Say
Bulls Say
Bookings And Backlog GrowthAsure’s bookings grew 141% year-over-year in Q3/24 and its sales backlog grew 250% year-over-year, which should help drive strong organic growth.
Recurring RevenueRecurring revenue, comprising 97.7% of Q3/24 revenue, increased 20% year-over-year and 6% sequentially.
Sales GrowthASUR's solid momentum on sales is evident in 35% quarter-over-quarter growth in backlog, while pipelines remain healthy, and new product rollouts are ongoing.
Bears Say
Financial PerformanceThe company reduced its FY24 revenue guidance range to $119M-$121M from $123M-$129M and lowered its AEBITDA margin guidance to 18%-19% from 20%-21%.
Product DevelopmentThe ramp of new products is behind management's expectations.
Sales And RevenueSales cycles are longer than Asure's historical business with SMBs under 100 employees and require a shift in their planning assumptions.
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VTE1 FAQ
What was Asure’s price range in the past 12 months?
Asure lowest stock price was €6.40 and its highest was €9.55 in the past 12 months.
What is Asure’s market cap?
Currently, no data Available
When is Asure’s upcoming earnings report date?
Asure’s upcoming earnings report date is Mar 13, 2025 which is in 82 days.
How were Asure’s earnings last quarter?
Asure released its earnings results on Oct 31, 2024. The company reported €0.121 earnings per share for the quarter, missing the consensus estimate of €0.179 by -€0.058.
Is Asure overvalued?
According to Wall Street analysts Asure’s price is currently Undervalued.
Does Asure pay dividends?
Asure does not currently pay dividends.
What is Asure’s EPS estimate?
Asure’s EPS estimate is €0.17.
How many shares outstanding does Asure have?
Asure has 26,553,926 shares outstanding.
What happened to Asure’s price movement after its last earnings report?
Asure reported an EPS of €0.121 in its last earnings report, missing expectations of €0.179. Following the earnings report the stock price went down -8.571%.
Which hedge fund is a major shareholder of Asure?
Among the largest hedge funds holding Asure’s share is Private Capital Management, LLC. It holds Asure’s shares valued at 34M.
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Asure Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€12.29 (33.57% Upside)
€12.29 (33.57% Upside)
Blogger Sentiment
Bullish
DE:VTE1 Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $43.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.49%
12-Months-Change
Fundamentals
Return on Equity
-6.22%
Trailing 12-Months
Asset Growth
8.52%
Trailing 12-Months
Company Description
Asure
Asure Software, Inc. engages in the provision of workforce management software solutions and services. It offers cloud-based software-as-a-service solutions under the AsureSpace and AsureForce brands. The company was founded in 1985 and is headquartered in Austin, TX.
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VTE1 Company Deck
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VTE1 Earnings Call
Q3 2024
0:00 / 0:00
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VTE1 Stock 12 Month Forecast
Average Price Target
€12.29
▲(33.57% Upside)
Technical Analysis
Best Analysts Covering VTE1
1 Year
1 Year Success Rate
20/30 ratings generated profit
1 Year Average Return
+8.81%
reiterated a buy rating 2 months ago
Copying Jeff Van Rhee's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +8.81% per trade.
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