Asure Software Stock Analysis

ASUR Stock  USD 7.90  0.25  3.27%   
Asure Software is undervalued with Real Value of 10.33 and Target Price of 18.88. The main objective of Asure Software stock analysis is to determine its intrinsic value, which is an estimate of what Asure Software is worth, separate from its market price. There are two main types of Asure Software's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Asure Software's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Asure Software's stock to identify patterns and trends that may indicate its future price movements.
The Asure Software stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Asure Software is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Asure Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Asure Software's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asure Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.

Asure Stock Analysis Notes

About 80.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.02. Some equities with similar Price to Book (P/B) outperform the market in the long run. Asure Software has Price/Earnings To Growth (PEG) ratio of 0.48. The entity recorded a loss per share of 0.42. The firm had not issued any dividends in recent years. Asure Software had 3:2 split on the 1st of May 2012. Asure Software, Inc. provides cloud-based human capital management solutions the United States. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas. Asure Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 508 people. For more info on Asure Software please contact Patrick Goepel at 512 437 2700 or go to https://www.asuresoftware.com.

Asure Software Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Asure Software's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Asure Software or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Asure Software generated a negative expected return over the last 90 days
Asure Software has high historical volatility and very poor performance
The company reported the previous year's revenue of 119.08 M. Net Loss for the year was (9.21 M) with profit before overhead, payroll, taxes, and interest of 62.51 M.
Asure Software has a frail financial position based on the latest SEC disclosures
Over 80.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: HR Software Stocks Q4 In Review Paylocity Vs Peers

Asure Software Upcoming and Recent Events

Earnings reports are used by Asure Software to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Asure Software previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Asure Largest EPS Surprises

Earnings surprises can significantly impact Asure Software's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-11-08
2021-09-30-0.02-0.010.0150 
2024-02-26
2023-12-310.050.070.0240 
2019-11-11
2019-09-300.090.110.0222 
View All Earnings Estimates

Asure Software Thematic Classifications

In addition to having Asure Software stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
IT Idea
IT
Information technology and IT services
Computers Idea
Computers
USA Equities from Computers industry as classified by Fama & French
Data Storage Idea
Data Storage
Data Storage
ISP Idea
ISP
Internet Service Providers
Software Idea
Software
Software, software systems, and software services

Asure Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Asure Software is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Asure Software backward and forwards among themselves. Asure Software's institutional investor refers to the entity that pools money to purchase Asure Software's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
State Street Corporation2023-12-31
396.9 K
P.a.w. Capital Corp2023-12-31
360 K
Needham Investment Management, Llc2023-12-31
325 K
Wasatch Advisors Inc.2023-12-31
311.4 K
Deutsche Bank Ag2023-12-31
259.5 K
Goldman Sachs Group Inc2023-12-31
240.6 K
Arnhold & S. Bleichroeder Advisers, Llc2023-12-31
233.9 K
Northern Trust Corp2023-12-31
224.3 K
Bank Of New York Mellon Corp2023-12-31
204.6 K
Private Capital Management, Llc2023-12-31
3.9 M
Blackrock Inc2023-12-31
1.5 M
Note, although Asure Software's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Asure Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 199.39 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asure Software's market, we take the total number of its shares issued and multiply it by Asure Software's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Asure Profitablity

Asure Software's profitability indicators refer to fundamental financial ratios that showcase Asure Software's ability to generate income relative to its revenue or operating costs. If, let's say, Asure Software is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Asure Software's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Asure Software's profitability requires more research than a typical breakdown of Asure Software's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.08) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.14) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.14.
Last ReportedProjected for 2024
Return On Capital Employed(0.01)(0.02)
Return On Assets(0.02)(0.02)
Return On Equity(0.05)(0.05)

Management Efficiency

As of 03/28/2024, Return On Capital Employed is likely to drop to -0.02. In addition to that, Return On Assets is likely to drop to -0.02. At this time, Asure Software's Total Assets are relatively stable compared to the past year. As of 03/28/2024, Non Current Assets Total is likely to grow to about 185.5 M, while Net Tangible Assets are likely to drop (9.1 M). Asure Software's management efficiency ratios could be used to measure how well Asure Software manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2024
Price Book Value Ratio 1.10  1.04 
Enterprise Value Multiple 10.83  10.29 
Price Fair Value 1.10  1.04 
The analysis of Asure Software's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Asure Software's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Asure Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
0.74

Technical Drivers

As of the 28th of March, Asure Software shows the Mean Deviation of 2.19, risk adjusted performance of (0.02), and Standard Deviation of 2.99. Asure Software technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to break down and analyze data for thirteen technical drivers for Asure Software, which can be compared to its rivals. Please confirm Asure Software market risk adjusted performance and treynor ratio to decide if Asure Software is priced correctly, providing market reflects its regular price of 7.9 per share. Given that Asure Software has information ratio of (0.09), we suggest you to validate Asure Software's prevailing market performance to make sure the company can sustain itself at a future point.

Asure Software Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Asure Software middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Asure Software. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Asure Software Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Asure Software insiders, such as employees or executives, is commonly permitted as long as it does not rely on Asure Software's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Asure Software insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Asure Software Predictive Daily Indicators

Asure Software intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Asure Software stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Asure Software Corporate Filings

13A
21st of March 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
8th of March 2024
Other Reports
ViewVerify
8K
26th of February 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
14th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
13th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
5th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
29th of January 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
F4
2nd of January 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Asure Software Forecast Models

Asure Software's time-series forecasting models are one of many Asure Software's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Asure Software's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Asure Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Asure Software prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Asure shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Asure Software. By using and applying Asure Stock analysis, traders can create a robust methodology for identifying Asure entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin(0.08)(0.08)
Operating Profit Margin(0.03)(0.03)
Net Loss(0.08)(0.08)
Gross Profit Margin 0.60  0.46 

Current Asure Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Asure analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Asure analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
18.88Strong Buy8Odds
Asure Software current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Asure analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Asure stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Asure Software, talking to its executives and customers, or listening to Asure conference calls.
Asure Analyst Advice Details

Asure Stock Analysis Indicators

Asure Software stock analysis indicators help investors evaluate how Asure Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Asure Software shares will generate the highest return on investment. By understating and applying Asure Software stock analysis, traders can identify Asure Software position entry and exit signals to maximize returns.
Begin Period Cash Flow17 M
Long Term Debt4.3 M
Common Stock Shares Outstanding22.1 M
Total Stockholder Equity191.7 M
Tax Provision173 K
Property Plant And Equipment Net19.5 M
Cash And Short Term Investments30.3 M
Cash30.3 M
Accounts Payable2.6 M
Net Debt-19.9 M
50 Day M A9.0924
Total Current Liabilities241.3 M
Other Operating Expenses122.1 M
Non Current Assets Total176.6 M
Forward Price Earnings10.0503
Non Currrent Assets OtherM
Stock Based Compensation5.4 M
When determining whether Asure Software is a strong investment it is important to analyze Asure Software's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asure Software's future performance. For an informed investment choice regarding Asure Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asure Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Asure Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asure Software. If investors know Asure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asure Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
5.379
Quarterly Revenue Growth
(0.10)
Return On Assets
(0)
Return On Equity
(0.05)
The market value of Asure Software is measured differently than its book value, which is the value of Asure that is recorded on the company's balance sheet. Investors also form their own opinion of Asure Software's value that differs from its market value or its book value, called intrinsic value, which is Asure Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asure Software's market value can be influenced by many factors that don't directly affect Asure Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asure Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asure Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asure Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.