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Asure (ASUR)
NASDAQ:ASUR
Asure (ASUR) Stock Price & Analysis
937 Followers
ASUR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.31 - $15.54
Previous Close$9.48
Volume17.47K
Average Volume (3M)140.73K
Market Cap
$245.48M
Enterprise Value$224.83M
Total Cash (Recent Filing)$30.32M
Total Debt (Recent Filing)$10.44M
Price to Earnings (P/E)―
Beta0.95
Next Earnings
Aug 05, 2024EPS Estimate
$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.43
Shares Outstanding25,813,067
10 Day Avg. Volume109,784
30 Day Avg. Volume140,732
Standard Deviation0.12
R-Squared0.09
Alpha0.00179
Financial Highlights & Ratios
Price to Book (P/B)4.75
Price to Sales (P/S)7.88
Price to Cash Flow (P/CF)7.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.97
Enterprise Value/Gross Profit2.63
Enterprise Value/Ebitda15.67
Forecast
1Y Price Target
$14.30Price Target Upside50.37% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Asure News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAsure reported Q1/24 revenue of $31.7 million, which was 2% higher than forecasts.
Growth And ExpansionThe company has now acquired $10 million in ARR for the year vs $7 million in the prior quarter, tracking in-line to slightly ahead of FY24 inorganic revenue assumptions.
Strategic PartnershipsManagement noted a win with MLB to partner with Workday for payroll tax processing, which is a new opportunity for the tax filing engine.
Bears Say
Gross Margin ReductionNG GM decreased to 75.3%, compared to 77.8% a year ago, driven by a lower ERTC contribution.
Interest Rate ImpactImpact of current interest rate cycle on business.
Revenue DeclineThe 4% y/y decline was largely due to lower ERTC revenue.
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Ownership Overview
20.25% Insiders
28.53% Mutual Funds
10.03% Other Institutional Investors
41.19% 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 $6.30 and its highest was $15.54 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 Aug 05, 2024 which is in 19 days.
How were Asure’s earnings last quarter?
Asure released its earnings results on May 02, 2024. The company reported $0.219 earnings per share for the quarter, beating the consensus estimate of $0.203 by $0.016.
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 $0.13.
How many shares outstanding does Asure have?
Asure has 25,813,066 shares outstanding.
What happened to Asure’s price movement after its last earnings report?
Asure reported an EPS of $0.219 in its last earnings report, beating expectations of $0.203. Following the earnings report the stock price went down -11.558%.
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 30M.
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Asure Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$14.30 (50.37% Upside)
$14.30 (50.37% Upside)
Blogger Sentiment
Bullish
ASUR Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $8.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.1%
Last 30 Days ▲ 9.0%
Last 30 Days ▲ 9.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-29.09%
12-Months-Change
Fundamentals
Return on Equity
-5.69%
Trailing 12-Months
Asset Growth
6.95%
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
Q1 2024
0:00 / 0:00
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ASUR Stock 12 Month Forecast
Average Price Target
$14.30
▲(50.37% Upside)
Technical Analysis
Best Analysts Covering ASUR
1 Year
1 Year Success Rate
17/27 ratings generated profit
1 Year Average Return
+6.28%
assigned a buy rating 6 days ago
Copying Jeff Van Rhee's trades and holding each position for 1 Year would result in 62.96% of your transactions generating a profit, with an average return of +6.28% per trade.
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