Equities analysts expect Asure Software Inc (NASDAQ:ASUR) to report earnings of $0.08 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Asure Software’s earnings, with the highest EPS estimate coming in at $0.09 and the lowest estimate coming in at $0.07. Asure Software reported earnings of $0.14 per share during the same quarter last year, which would indicate a negative year over year growth rate of 42.9%. The business is scheduled to issue its next quarterly earnings results on Friday, November 8th.

According to Zacks, analysts expect that Asure Software will report full-year earnings of $0.49 per share for the current financial year, with EPS estimates ranging from $0.43 to $0.54. For the next year, analysts anticipate that the company will report earnings of $0.58 per share, with EPS estimates ranging from $0.36 to $0.69. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that follow Asure Software.

Asure Software (NASDAQ:ASUR) last posted its quarterly earnings results on Thursday, August 8th. The technology company reported $0.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.03. The business had revenue of $24.84 million for the quarter, compared to the consensus estimate of $24.64 million. Asure Software had a positive return on equity of 6.81% and a negative net margin of 9.77%.

Several analysts have weighed in on ASUR shares. Canaccord Genuity set a $12.00 price target on Asure Software and gave the company a “buy” rating in a research note on Monday, August 12th. ValuEngine upgraded Asure Software from a “hold” rating to a “buy” rating in a research note on Thursday. Zacks Investment Research downgraded Asure Software from a “buy” rating to a “hold” rating in a research note on Wednesday, July 31st. Northland Securities reiterated a “buy” rating and set a $9.00 price target on shares of Asure Software in a research note on Wednesday. Finally, Roth Capital reiterated a “buy” rating on shares of Asure Software in a research note on Friday, August 9th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Asure Software currently has a consensus rating of “Buy” and a consensus price target of $12.13.

Institutional investors and hedge funds have recently modified their holdings of the company. S Squared Technology LLC raised its holdings in Asure Software by 21.2% in the 2nd quarter. S Squared Technology LLC now owns 94,108 shares of the technology company’s stock worth $775,000 after purchasing an additional 16,461 shares during the period. Perritt Capital Management Inc. raised its holdings in shares of Asure Software by 9.4% during the second quarter. Perritt Capital Management Inc. now owns 233,400 shares of the technology company’s stock valued at $1,921,000 after acquiring an additional 20,000 shares during the last quarter. Weber Alan W acquired a new position in shares of Asure Software during the first quarter valued at approximately $367,000. Paloma Partners Management Co acquired a new position in shares of Asure Software during the second quarter valued at approximately $556,000. Finally, Pacific Ridge Capital Partners LLC raised its holdings in shares of Asure Software by 9.3% during the second quarter. Pacific Ridge Capital Partners LLC now owns 870,454 shares of the technology company’s stock valued at $7,164,000 after acquiring an additional 74,098 shares during the last quarter. Hedge funds and other institutional investors own 45.22% of the company’s stock.

Asure Software stock opened at $8.69 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.04. The business’s 50-day simple moving average is $6.67 and its two-hundred day simple moving average is $7.20. The company has a market cap of $129.70 million, a PE ratio of 20.21, a PEG ratio of 1.44 and a beta of 1.26. Asure Software has a fifty-two week low of $4.26 and a fifty-two week high of $12.05.

Asure Software Company Profile

Asure Software, Inc provides cloud-based human capital management and workspace management solutions worldwide. Its product line includes AsureSpace workspace management solutions that enable organizations to optimize their real estate investment, and create a digital workspace that empowers mobile and virtual employees; and AsureForce time and labor management solutions to help organizations optimize their workforce, as well as control labor administration costs and activities.

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