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Asure (ASUR)
NASDAQ:ASUR
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ASUR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.89 - $12.39
Previous CloseN/A
Volume79.15K
Average Volume (3M)141.00K
Market Cap
$317.58M
Enterprise Value$240.87M
Total Cash (Recent Filing)$12.77M
Total Debt (Recent Filing)$24.58M
Price to Earnings (P/E)―
Beta1.36
Next Earnings
Mar 13, 2025EPS Estimate
0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.47
Shares Outstanding26,553,926
10 Day Avg. Volume167,015
30 Day Avg. Volume141,000
Standard Deviation0.11
R-Squared0.07
Alpha0.00222
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.76
Price to Cash Flow (P/CF)59.90
P/FCF Ratio0.00
Enterprise Value/Market Cap0.76
Enterprise Value/Revenue2.09
Enterprise Value/Gross Profit2.82
Enterprise Value/Ebitda21.06
Forecast
1Y Price Target
$14.67Price Target Upside20.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Asure News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe fundamentals of the business are stable, and there is potential for upside to 2025, leading to an upgrade in rating to Buy and a price target of $13.
Growth StrategyAsure’s bookings grew 141% year-over-year in Q3/24 and its sales backlog grew 250% year-over-year, which should help drive strong organic growth.
Market PositioningShares are expected to recover as investors gain more comfort on backlog conversion and recognize ASUR's attractive risk-reward with improving momentum and active product development.
Bears Say
EarningsASUR missed guidance expectations and lowered future revenue forecasts due to delays in enterprise tax deal implementations and slower conversion of new offerings.
Financial PerformanceAsure's revenue growth was stagnant due to a significant drop in ERTC revenue, which overshadowed gains from core business activities.
Product DevelopmentThe introduction of new products is progressing slower than management had planned, which could impact future growth and financial performance.
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Ownership Overview
6.80% Insiders
29.32% Mutual Funds
1.52% Other Institutional Investors
52.96% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ASUR FAQ
What was Asure’s price range in the past 12 months?
Asure lowest stock price was $6.88 and its highest was $12.39 in the past 12 months.
What is Asure’s market cap?
Asure’s market cap is $317.58M.
When is Asure’s upcoming earnings report date?
Asure’s upcoming earnings report date is Mar 13, 2025 which is in 54 days.
How were Asure’s earnings last quarter?
Asure released its earnings results on Oct 31, 2024. The company reported $0.127 earnings per share for the quarter, missing the consensus estimate of $0.188 by -$0.061.
Is Asure overvalued?
According to Wall Street analysts Asure’s price is currently Undervalued.
Does Asure pay dividends?
Asure does not currently pay dividends.
What is Asure’s EPS estimate?
Asure’s EPS estimate is 0.18.
How many shares outstanding does Asure have?
Asure has 26,553,926 shares outstanding.
What happened to Asure’s price movement after its last earnings report?
Asure reported an EPS of $0.127 in its last earnings report, missing expectations of $0.188. Following the earnings report the stock price went down -14.214%.
Which hedge fund is a major shareholder of Asure?
Among the largest hedge funds holding Asure’s share is Private Capital Management, LLC. It holds Asure’s shares valued at 34M.
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Asure Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$14.67 (20.84% Upside)
$14.67 (20.84% Upside)
Blogger Sentiment
Bullish
ASUR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 200.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.5%
Last 30 Days ▲ 13.3%
Last 30 Days ▲ 13.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
47.50%
12-Months-Change
Fundamentals
Return on Equity
-6.22%
Trailing 12-Months
Asset Growth
8.52%
Trailing 12-Months
Company Description
Asure
Asure Software, Inc. engages in the provision of workforce management software solutions and services. It offers cloud-based software-as-a-service solutions under the AsureSpace and AsureForce brands. The company was founded in 1985 and is headquartered in Austin, TX.
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ASUR Company Deck
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ASUR Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call revealed strong growth in recurring revenue and significant increases in sales bookings and backlog, driven by successful acquisitions and product introductions like AsurePay. However, these positives are tempered by flat total revenue, an increased net loss, decreased gross margins, and lower than expected organic growth. The sentiment is mixed, with notable achievements in growth overshadowed by financial setbacks.Read More>---
ASUR Stock 12 Month Forecast
Average Price Target
$14.67
▲(20.84% Upside)
Technical Analysis
Best Analysts Covering ASUR
1 Year
1 Year Success Rate
21/31 ratings generated profit
1 Year Average Return
+14.02%
assigned a buy rating 11 days ago
Copying Jeff Van Rhee's trades and holding each position for 1 Year would result in 67.74% of your transactions generating a profit, with an average return of +14.02% per trade.
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