Barrington Research set a $15.00 price target on Asure Software (NASDAQ:ASUR) in a report released on Wednesday, TipRanks reports. The brokerage currently has a buy rating on the technology company’s stock.

Other research analysts have also issued reports about the stock. TheStreet lowered shares of Asure Software from a c- rating to a d+ rating in a report on Tuesday, December 11th. Zacks Investment Research raised shares of Asure Software from a sell rating to a hold rating in a report on Monday, February 11th. Roth Capital decreased their price target on shares of Asure Software from $23.00 to $15.00 and set a buy rating for the company in a report on Tuesday, January 8th. ValuEngine raised shares of Asure Software from a strong sell rating to a sell rating in a report on Monday, February 4th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a $13.00 price target on shares of Asure Software in a report on Friday, March 15th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $13.38.

Shares of ASUR stock opened at $6.45 on Wednesday. The firm has a market cap of $96.88 million, a price-to-earnings ratio of 15.00, a P/E/G ratio of 0.55 and a beta of 0.91. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 1.05. Asure Software has a 1-year low of $4.26 and a 1-year high of $19.78.

Asure Software (NASDAQ:ASUR) last announced its quarterly earnings data on Thursday, March 14th. The technology company reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.05). The company had revenue of $24.42 million for the quarter, compared to analyst estimates of $23.99 million. Asure Software had a positive return on equity of 6.82% and a negative net margin of 8.49%. Equities analysts forecast that Asure Software will post 0.44 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Rhumbline Advisers acquired a new position in shares of Asure Software in the 4th quarter valued at about $73,000. First Interstate Bank boosted its holdings in shares of Asure Software by 402.7% in the 4th quarter. First Interstate Bank now owns 18,600 shares of the technology company’s stock valued at $94,000 after buying an additional 14,900 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Asure Software by 15.8% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 22,000 shares of the technology company’s stock valued at $112,000 after buying an additional 3,000 shares during the period. New Jersey Better Educational Savings Trust boosted its holdings in shares of Asure Software by 9.1% in the 4th quarter. New Jersey Better Educational Savings Trust now owns 24,000 shares of the technology company’s stock valued at $122,000 after buying an additional 2,000 shares during the period. Finally, Citadel Advisors LLC acquired a new position in shares of Asure Software in the 3rd quarter valued at about $235,000. 56.07% of the stock is owned by institutional investors and hedge funds.

About Asure Software

Asure Software, Inc provides cloud-based human capital management and workspace management solutions worldwide. Its product line includes AsureSpace workspace management solutions that enable organizations to optimize their real estate investment, and create a digital workspace that empowers mobile and virtual employees; and AsureForce time and labor management solutions to help organizations optimize their workforce, as well as control labor administration costs and activities.

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Analyst Recommendations for Asure Software (NASDAQ:ASUR)

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