Asure Software Inc (NASDAQ:ASUR) – Analysts at Dougherty & Co lifted their FY2018 earnings estimates for Asure Software in a research report issued to clients and investors on Tuesday, April 3rd. Dougherty & Co analyst R. Mattson now expects that the technology company will earn $0.77 per share for the year, up from their previous estimate of $0.67. Dougherty & Co has a “Buy” rating and a $18.00 price objective on the stock.
Other research analysts also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Asure Software from a “sell” rating to a “hold” rating and set a $16.00 price objective on the stock in a report on Tuesday, January 2nd. ValuEngine downgraded shares of Asure Software from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Canaccord Genuity restated a “buy” rating and set a $20.00 price objective on shares of Asure Software in a report on Tuesday, January 2nd. Barrington Research set a $20.00 price objective on shares of Asure Software and gave the stock a “buy” rating in a report on Thursday, March 29th. Finally, Cowen upped their price objective on shares of Asure Software from $17.00 to $20.00 and gave the stock an “outperform” rating in a report on Tuesday, December 19th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $18.50.
Shares of NASDAQ ASUR opened at $14.09 on Friday. The firm has a market cap of $175.67, a P/E ratio of 31.31, a P/E/G ratio of 0.70 and a beta of 1.23. Asure Software has a 12-month low of $9.47 and a 12-month high of $17.53. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.24 and a current ratio of 1.24.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in ASUR. Northern Trust Corp raised its holdings in Asure Software by 37.8% during the second quarter. Northern Trust Corp now owns 24,419 shares of the technology company’s stock worth $357,000 after buying an additional 6,692 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in Asure Software by 2.8% during the third quarter. Russell Investments Group Ltd. now owns 479,629 shares of the technology company’s stock worth $5,956,000 after buying an additional 13,279 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Asure Software by 93.3% during the third quarter. Dimensional Fund Advisors LP now owns 231,715 shares of the technology company’s stock worth $2,878,000 after buying an additional 111,819 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Asure Software by 45.6% in the third quarter. Allianz Asset Management GmbH now owns 86,285 shares of the technology company’s stock valued at $1,072,000 after purchasing an additional 27,015 shares during the last quarter. Finally, Alyeska Investment Group L.P. raised its holdings in shares of Asure Software by 548.1% in the third quarter. Alyeska Investment Group L.P. now owns 450,000 shares of the technology company’s stock valued at $5,589,000 after purchasing an additional 380,570 shares during the last quarter. Hedge funds and other institutional investors own 52.02% of the company’s stock.
WARNING: “Asure Software Inc to Post FY2018 Earnings of $0.77 Per Share, Dougherty & Co Forecasts (ASUR)” was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another website, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The correct version of this report can be read at https://www.dispatchtribunal.com/2018/04/08/asure-software-inc-to-post-fy2018-earnings-of-0-77-per-share-dougherty-co-forecasts-asur.html.
About Asure Software
Asure Software, Inc is a global provider of cloud-based software-as-a-service (SaaS) solutions that help companies to bring people, time, space and assets together. The Company serves approximately 6,000 clients in over 80 countries. The Company offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces.
Receive News & Ratings for Asure Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asure Software and related companies with MarketBeat.com's FREE daily email newsletter.