Brokers Set Expectations for Asure Software Q1 Earnings

Asure Software Inc (NASDAQ:ASUR) – Equities researchers at Northland Securities issued their Q1 2027 earnings per share (EPS) estimates for Asure Software in a note issued to investors on Friday, October 30th. Northland Securities analyst G. Gibas forecasts that the technology company will earn $0.26 per share for the quarter. The consensus estimate for Asure Software’s current full-year earnings is $0.56 per share. Northland Securities also issued estimates for Asure Software’s Q2 2027 earnings at $0.14 EPS, Q3 2027 earnings at $0.17 EPS, Q4 2027 earnings at $0.23 EPS and FY2027 earnings at $0.80 EPS.

ASUR has been the subject of a number of other reports. Stephens started coverage on Asure Software in a report on Friday, September 4th. They set an “overweight” rating and a $11.00 target price for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Asure Software in a research note on Tuesday, September 29th. Finally, Wall Street Zen upgraded shares of Asure Software from a “hold” rating to a “buy” rating in a research note on Monday, September 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $13.00.

Asure Software Price Performance

Asure Software stock opened at $9.73 on Thursday. The company’s 50 day simple moving average is $8.09 and its 200-day simple moving average is $8.46. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.04 and a current ratio of 1.05. Asure Software has a 1 year low of $6.80 and a 1 year high of $10.20. The company has a market capitalization of $293.55 million, a price-to-earnings ratio of -81.08, a price-to-earnings-growth ratio of 1.16 and a beta of 0.49.

Hedge Funds Weigh In On Asure Software

A number of institutional investors have recently modified their holdings of ASUR. North Star Investment Management Corp. raised its holdings in shares of Asure Software by 2.5% in the third quarter. North Star Investment Management Corp. now owns 202,950 shares of the technology company’s stock valued at $1,536,000 after buying an additional 4,950 shares during the last quarter. Squarepoint Ops LLC boosted its stake in shares of Asure Software by 344.8% during the second quarter. Squarepoint Ops LLC now owns 53,920 shares of the technology company’s stock worth $428,000 after buying an additional 41,798 shares during the period. Bank of America Corp DE acquired a new stake in shares of Asure Software during the second quarter worth about $348,000. Jupiter Topco LLC purchased a new position in shares of Asure Software during the second quarter worth about $14,537,000. Finally, Ancora Advisors LLC purchased a new position in shares of Asure Software during the second quarter worth about $79,000. 71.58% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Asure Software

In other news, Director Bjorn Reynolds sold 15,420 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $8.35, for a total value of $128,757.00. Following the completion of the transaction, the director owned 31,162 shares in the company, valued at approximately $260,202.70. This represents a 33.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 8.90% of the stock is owned by company insiders.

About Asure Software

Asure Software, Inc (NASDAQ: ASUR) provides cloud-based human capital management (HCM) software and services for small and midsized businesses. Its platform is designed to help employers manage core workforce and administrative processes through a unified suite of online tools.

Asure’s products and services include payroll processing and tax services, time and attendance tracking, human resources management, benefits administration, employee onboarding, talent management, and employee self-service.