As Benzinga reports, Barrington Research reiterated an outperform rating on shares of Assure Software (NASDAQ:ASUR – FREE REPORT ) in a research report released on Friday. Barrington Research currently has a $17.00 target price on the technology company’s shares.
A number of other research analysts have also recently commented on ASUR. Needham & Company LLC reaffirmed a buy rating on shares of Asure Software and set a $20.00 price target in a research note on Thursday, May 16th. TD Cowen lowered their price target on Asure Software from $12.00 to $10.00 and set a buy rating on the stock in a research report on Monday, May 6th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of a “moderate buy” and a consensus target price of $13.40.
Read the latest research report on ASUR
Asure Software trading up 1.9%
ASUR shares began trading at $10.23 on Friday. The company’s 50-day simple moving average is $8.30 and its 200-day simple moving average is $8.36. The company’s debt-to-equity ratio is 0.03, quick ratio is 1.09 and current ratio is 1.09. Asure Software’s 52-week low is $6.30 and its 52-week high is $15.54.
Asure Software (NASDAQ:ASUR – get free report ) last released its quarterly earnings data on Thursday, May 2nd. The technology company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Asure Software had a negative net margin of -8.38% and a positive return on equity of +3.86%. The company’s revenue for the quarter was $31.65 million, missing the consensus estimate of $30.98 million. Analysts expect Asure Software to post earnings per share of $0.5 for the year.
Asure Software Institutional Transaction
Institutional investors and hedge funds have recently bought and sold this stock. Skylands Capital LLC increased its holdings in Assure Software by 131.5% in the second quarter. Skylands Capital LLC now owns 150,043 shares of the technology company’s stock valued at $1.26 million. It purchased an additional 85,243 shares in the last quarter. Bank of New York Mellon Co. increased its holdings in Assure Software by 5.5% in the second quarter. Bank of New York Mellon Co. now owns 214,863 shares of the technology company’s stock valued at $1.805 million. It purchased an additional 11,147 shares in the last quarter. Swedbank AB increased its holdings in Assure Software by 16.7% in the second quarter. Swedbank AB now owns 700,000 shares of the technology company’s stock valued at $5.88 million after purchasing an additional 100,000 shares in the last quarter. Boston Partners increased its holdings in Asure Software by 43.3% in the first quarter. Boston Partners now owns 243,710 shares of the technology company’s stock valued at $1.896 million after purchasing an additional 73,633 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in Asure Software by 150.3% in the first quarter. Janus Henderson Group PLC now owns 1,737,398 shares of the technology company’s stock valued at $13,517,000 after acquiring an additional 1,043,385 shares in the last quarter. Currently, 71.58% of the stock is owned by institutional investors.
About Asure Software
(Get your free report)
Asure Software, Inc. provides cloud-based human capital management (HCM) software solutions in the U.S. The company offers human resources (HR) tools as Software-as-a-Service (SaaS) that help a wide range of small and medium-sized businesses build a productive workforce, stay compliant, and allocate resources for business growth.
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