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Asure (ASUR)
NASDAQ:ASUR
ASUR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.89 - $12.74
Previous CloseN/A
Volume79.15K
Average Volume (3M)109.86K
Market Cap
$311.21M
Enterprise Value$240.87M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.37
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. Volume55,732
30 Day Avg. Volume109,863
Standard Deviation0.11
R-Squared0.07
Alpha0.00543
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.70
Price to Cash Flow (P/CF)58.70
P/FCF Ratio0.00
Enterprise Value/Market Cap0.77
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.82
Enterprise Value/Ebitda21.40
Forecast
1Y Price Target
$14.20Price Target Upside22.31% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
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Bulls Say, Bears Say
Bulls Say
Business MomentumASUR'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.
Financial PerformanceInitial FY25 guidance calls for growth and increased EBITDA margin, with adj EBITDA midpoints above Street expectations.
Growth PotentialAsure'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.
Bears Say
Earnings PerformanceAsure reported Q3/24 non-GAAP EPS of $0.14, which was less than forecasted, due to a revenue shortfall and an adjusted EBITDA margin shortfall.
Market CompetitionPaychex may take its eye off the ball in its core SMB business, which could make it easier for Asure resellers and direct reps to gain share.
Revenue ShortfallAsure 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.
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Ownership Overview
6.80% Insiders
29.32% Mutual Funds
1.52% Other Institutional Investors
52.96% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ASUR FAQ
What was Asure’s price range in the past 12 months?
Asure lowest stock price was $6.88 and its highest was $12.74 in the past 12 months.
What is Asure’s market cap?
Asure’s market cap is $311.21M.
When is Asure’s upcoming earnings report date?
Asure’s upcoming earnings report date is Mar 13, 2025 which is in 22 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?
Currently, no hedge funds are holding shares in ASUR
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Asure Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$14.20 (22.31% Upside)
$14.20 (22.31% Upside)
Blogger Sentiment
Bullish
ASUR Sentiment 100%
Sector Average 67%
Sector Average 67%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.24%
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
$14.20
▲(22.31% Upside)
Technical Analysis
Best Analysts Covering ASUR
1 Year
1 Year Success Rate
20/31 ratings generated profit
1 Year Average Return
+13.34%
assigned a buy rating last month
Copying Jeff Van Rhee's trades and holding each position for 1 Year would result in 64.52% of your transactions generating a profit, with an average return of +13.34% per trade.
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