FY2018 EPS Estimates for Asure Software Inc (ASUR) Decreased by Analyst
Asure Software Inc (NASDAQ:ASUR) – Stock analysts at Dougherty & Co dropped their FY2018 earnings per share (EPS) estimates for Asure Software in a research report issued to clients and investors on Monday. Dougherty & Co analyst R. Mattson now forecasts that the technology company will earn $0.67 per share for the year, down from their prior forecast of $0.72. Dougherty & Co currently has a “Buy” rating and a $18.00 price target on the stock.
Other research analysts have also issued reports about the company. Cowen increased their price objective on Asure Software from $17.00 to $20.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 19th. Zacks Investment Research lowered Asure Software from a “hold” rating to a “sell” rating in a research report on Monday, December 18th. Northland Securities set a $19.00 price objective on Asure Software and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Canaccord Genuity reiterated a “buy” rating and issued a $20.00 price objective on shares of Asure Software in a research report on Tuesday, January 2nd. Finally, Craig Hallum assumed coverage on Asure Software in a research report on Monday, December 4th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $18.50.
Institutional investors have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Asure Software during the third quarter worth $135,000. Goldman Sachs Group Inc. purchased a new position in shares of Asure Software during the fourth quarter worth $150,000. Monashee Investment Management LLC purchased a new position in shares of Asure Software during the fourth quarter worth $151,000. Virtu Financial LLC purchased a new position in shares of Asure Software during the fourth quarter worth $231,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in shares of Asure Software during the fourth quarter worth $321,000. Institutional investors own 52.52% of the company’s stock.
Asure Software Company Profile
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.
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