Asure Software (ASUR) Projected to Post Earnings on Thursday

Asure Software (NASDAQ:ASUR) is expected to be posting its quarterly earnings results after the market closes on Thursday, March 6th. Analysts expect Asure Software to post earnings of $0.17 per share and revenue of $30.82 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Asure Software Stock Performance

ASUR stock opened at $10.31 on Tuesday. The stock has a market capitalization of $273.77 million, a PE ratio of -21.94, a price-to-earnings-growth ratio of 1.11 and a beta of 0.56. Asure Software has a 12-month low of $6.89 and a 12-month high of $12.74. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The stock’s 50 day simple moving average is $11.21 and its 200 day simple moving average is $9.82.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Lake Street Capital raised Asure Software from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Northland Securities boosted their target price on shares of Asure Software from $12.50 to $14.00 and gave the company an “outperform” rating in a research note on Wednesday, January 8th. Stifel Nicolaus boosted their target price on shares of Asure Software from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Stephens reiterated an “overweight” rating and set a $13.00 target price on shares of Asure Software in a research note on Wednesday, January 15th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $20.00 target price on shares of Asure Software in a research note on Wednesday, January 15th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $14.17.

Asure Software Company Profile

Asure Software, Inc engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States. It provides its human resources (HR) tool as Software-as-a-Service that helps various small and medium-sized businesses to build productive workforce to help them stay compliant and allocate resources to grow their business.