Asure Software Inc (NASDAQ:ASUR) – Research analysts at Dougherty & Co lowered their FY2018 EPS estimates for Asure Software in a report released on Wednesday, November 14th. Dougherty & Co analyst J. Hamblin now expects that the technology company will post earnings of $0.45 per share for the year, down from their previous estimate of $0.59. Dougherty & Co has a “Neutral” rating on the stock. Dougherty & Co also issued estimates for Asure Software’s Q4 2018 earnings at $0.11 EPS.

ASUR has been the topic of a number of other reports. ValuEngine downgraded Asure Software from a “hold” rating to a “sell” rating in a research report on Tuesday, October 2nd. Needham & Company LLC decreased their target price on Asure Software from $20.00 to $12.00 and set a “buy” rating on the stock in a research report on Monday. Zacks Investment Research upgraded Asure Software from a “sell” rating to a “hold” rating in a research report on Friday, August 31st. Barrington Research cut their price target on Asure Software from $25.00 to $20.00 and set an “outperform” rating for the company in a report on Monday. Finally, Lake Street Capital set a $15.00 price target on Asure Software and gave the stock a “buy” rating in a report on Friday, November 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. Asure Software presently has an average rating of “Buy” and an average target price of $16.33.

ASUR opened at $6.28 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.52 and a debt-to-equity ratio of 1.09. The firm has a market cap of $93.88 million, a price-to-earnings ratio of 12.52, a PEG ratio of 0.40 and a beta of 1.10. Asure Software has a one year low of $5.90 and a one year high of $19.78.

Asure Software (NASDAQ:ASUR) last posted its earnings results on Friday, November 9th. The technology company reported $0.12 EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.02). The firm had revenue of $23.46 million for the quarter, compared to analysts’ expectations of $24.75 million. Asure Software had a positive return on equity of 8.21% and a negative net margin of 13.56%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cynosure Advisors LLC acquired a new position in shares of Asure Software in the second quarter worth $201,000. Engineers Gate Manager LP acquired a new position in shares of Asure Software in the second quarter worth $227,000. Verity Asset Management Inc. acquired a new position in shares of Asure Software in the third quarter worth $228,000. Schwab Charles Investment Management Inc. acquired a new position in shares of Asure Software in the second quarter worth $294,000. Finally, Citadel Advisors LLC acquired a new position in shares of Asure Software in the third quarter worth $235,000. 61.46% of the stock is owned by institutional investors.

About Asure Software

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.

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