Media stories about Asure Software (NASDAQ:ASUR) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Asure Software earned a news impact score of 0.07 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 45.1519026064529 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
Shares of Asure Software traded down $0.51, hitting $16.23, during mid-day trading on Wednesday, according to Marketbeat Ratings. 193,202 shares of the stock were exchanged, compared to its average volume of 173,647. The firm has a market cap of $250.46 million, a price-to-earnings ratio of 36.07, a PEG ratio of 0.86 and a beta of 1.25. The company has a current ratio of 1.14, a quick ratio of 1.13 and a debt-to-equity ratio of 1.65. Asure Software has a twelve month low of $9.89 and a twelve month high of $19.78.
Asure Software (NASDAQ:ASUR) last posted its quarterly earnings data on Wednesday, May 9th. The technology company reported $0.13 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.05. The company had revenue of $19.30 million during the quarter, compared to analyst estimates of $18.23 million. Asure Software had a negative net margin of 10.45% and a positive return on equity of 9.04%. analysts forecast that Asure Software will post 0.7 earnings per share for the current year.
Several research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Asure Software from a “sell” rating to a “hold” rating in a research report on Monday, June 18th. Barrington Research set a $20.00 price target on shares of Asure Software and gave the stock a “buy” rating in a research report on Tuesday, May 8th. ValuEngine raised shares of Asure Software from a “hold” rating to a “buy” rating in a research report on Monday, June 11th. Lake Street Capital increased their price target on shares of Asure Software to $20.00 and gave the stock a “buy” rating in a research report on Thursday, May 10th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $21.00 price target on shares of Asure Software in a research report on Thursday, May 10th. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $20.00.
In other news, Director Daniel M. Gill sold 500,000 shares of the firm’s stock in a transaction that occurred on Monday, June 18th. The shares were sold at an average price of $16.45, for a total transaction of $8,225,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 18.20% of the company’s stock.
Asure Software Company Profile
Asure Software Inc provides cloud-based software-as-a-service time and labor management, and workspace management solutions worldwide. The company's product line includes AsureSpace workplace management solutions that enable organizations to manage their office environments and optimize real estate utilization; and AsureForce time and labor management solutions to help organizations optimize workforce, as well as control labor administration costs and activities.
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.