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Asure (ASUR)
NASDAQ:ASUR
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ASUR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.89 - $10.52
Previous Close$9.12
Volume330.17K
Average Volume (3M)96.69K
Market Cap
$242.70M
Enterprise Value$244.39M
Total Cash (Recent Filing)$11.25M
Total Debt (Recent Filing)$12.94M
Price to Earnings (P/E)―
Beta1.45
Next Earnings
Mar 13, 2025EPS Estimate
$0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.47
Shares Outstanding26,553,926
10 Day Avg. Volume116,145
30 Day Avg. Volume96,694
Standard Deviation0.11
R-Squared0.06
Alpha0.00245
Financial Highlights & Ratios
Price to Book (P/B)1.22
Price to Sales (P/S)2.11
Price to Cash Flow (P/CF)45.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.12
Enterprise Value/Gross Profit2.86
Enterprise Value/Ebitda21.37
Forecast
1Y Price Target
$13.06Price Target Upside43.20% 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
Financial PerformanceInitial FY25 guidance calls for growth and increased EBITDA margin, with adj EBITDA midpoints above Street expectations.
Market OpportunityThe company is targeting small and midsize businesses (SMB) in the Human Capital Management (HCM) software and services market in underserved regions of the U.S. market.
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
Earnings GuidanceThe 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%.
Financial PerformanceAsure reported Q3/24 revenue of $29.3 million, which was 7% less than forecasted, due to a longer-than-expected implementation schedule for tax management solutions.
Product DevelopmentThe ramp of new products is behind management's expectations.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ASUR FAQ
What was Asure’s price range in the past 12 months?
Asure lowest stock price was $6.88 and its highest was $10.52 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 $0.127 earnings per share for the quarter, missing the consensus estimate of $0.188 by -$0.061.
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 $0.18.
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 $0.127 in its last earnings report, missing expectations of $0.188. Following the earnings report the stock price went down -14.214%.
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:
$13.06 (43.20% Upside)
$13.06 (43.20% Upside)
Blogger Sentiment
Bullish
ASUR Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 200.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.04%
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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ASUR Company Deck
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ASUR Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call revealed strong growth in recurring revenue and significant increases in sales bookings and backlog, driven by successful acquisitions and product introductions like AsurePay. However, these positives are tempered by flat total revenue, an increased net loss, decreased gross margins, and lower than expected organic growth. The sentiment is mixed, with notable achievements in growth overshadowed by financial setbacks.Read More>---
ASUR Stock 12 Month Forecast
Average Price Target
$13.06
▲(43.20% Upside)
Technical Analysis
Best Analysts Covering ASUR
1 Year
1 Year Success Rate
19/30 ratings generated profit
1 Year Average Return
+5.96%
reiterated a buy rating 2 months ago
Copying Jeff Van Rhee's trades and holding each position for 1 Year would result in 63.33% of your transactions generating a profit, with an average return of +5.96% per trade.
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