Asure Software (ASUR) Projected to Post Earnings on Thursday

Asure Software (NASDAQ:ASUR) is expected to be releasing its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.18 per share and revenue of $34.20 million for the quarter.

Asure Software Price Performance

Shares of ASUR stock opened at $9.40 on Thursday. Asure Software has a 12 month low of $6.89 and a 12 month high of $12.74. The company has a market capitalization of $253.60 million, a P/E ratio of -20.00, a P/E/G ratio of 1.11 and a beta of 0.41. The stock has a 50 day moving average of $9.92 and a two-hundred day moving average of $10.01. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04.

Insider Activity

In other news, Director Grace G. Lee sold 7,500 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $9.51, for a total value of $71,325.00. Following the transaction, the director now owns 32,215 shares of the company’s stock, valued at $306,364.65. This represents a 18.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ASUR shares. Lake Street Capital upgraded shares of Asure Software from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Stephens reaffirmed an “overweight” rating and issued a $13.00 price target on shares of Asure Software in a research note on Friday, March 7th. Northland Securities increased their target price on shares of Asure Software from $12.50 to $14.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 8th. Barrington Research reiterated an “outperform” rating and issued a $17.00 target price on shares of Asure Software in a research note on Friday, March 7th. Finally, Needham & Company LLC restated a “buy” rating and set a $20.00 price target on shares of Asure Software in a research report on Friday, March 7th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Asure Software has a consensus 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.