Asure Software (ASUR) Scheduled to Post Quarterly Earnings on Thursday

Asure Software (NASDAQ:ASUR) is scheduled to announce its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.21 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Asure Software (NASDAQ:ASUR) last posted its quarterly earnings data on Monday, February 26th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.01. Asure Software had a positive return on equity of 4.30% and a negative net margin of 7.74%. The firm had revenue of $26.26 million for the quarter, compared to the consensus estimate of $26.45 million. On average, analysts expect Asure Software to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Asure Software Stock Up 2.4 %

NASDAQ:ASUR opened at $7.20 on Thursday. The stock’s fifty day moving average price is $8.41 and its two-hundred day moving average price is $8.49. Asure Software has a 52-week low of $6.30 and a 52-week high of $15.88. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market cap of $185.47 million, a price-to-earnings ratio of -18.00, a P/E/G ratio of 0.69 and a beta of 0.72.

Analyst Upgrades and Downgrades

ASUR has been the topic of several research reports. Barrington Research reaffirmed an “outperform” rating and set a $17.00 price objective on shares of Asure Software in a report on Tuesday, February 27th. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price objective on shares of Asure Software in a report on Friday, January 19th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $15.20.

About Asure Software

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.