Asure Software (ASUR) to Release Quarterly Earnings on Thursday

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

Asure Software Stock Down 0.9 %

ASUR opened at $10.22 on Wednesday. The business’s 50-day simple moving average is $11.23 and its 200-day simple moving average is $9.83. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.07. Asure Software has a one year low of $6.89 and a one year high of $12.74. The stock has a market capitalization of $271.38 million, a P/E ratio of -21.74, a price-to-earnings-growth ratio of 1.11 and a beta of 0.56.

Analyst Upgrades and Downgrades

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