ValuEngine downgraded shares of Asure Software (NASDAQ:ASUR) from a buy rating to a hold rating in a report issued on Monday morning.

Several other research analysts have also weighed in on ASUR. Barrington Research set a $25.00 target price on shares of Asure Software and gave the stock a buy rating in a research report on Tuesday, July 31st. Dougherty & Co assumed coverage on shares of Asure Software in a research report on Tuesday, August 28th. They set a buy rating and a $20.00 target price on the stock. Zacks Investment Research upgraded shares of Asure Software from a sell rating to a hold rating in a research report on Friday, August 31st. Finally, Canaccord Genuity upped their target price on shares of Asure Software from $21.00 to $22.00 and gave the stock a buy rating in a research report on Tuesday, July 10th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Asure Software currently has a consensus rating of Buy and a consensus price target of $20.43.

Shares of Asure Software stock opened at $13.09 on Monday. Asure Software has a 52-week low of $10.08 and a 52-week high of $19.78. The company has a current ratio of 1.54, a quick ratio of 1.52 and a debt-to-equity ratio of 1.06. The stock has a market cap of $206.36 million, a PE ratio of 26.46, a PEG ratio of 0.88 and a beta of 1.07.

Asure Software (NASDAQ:ASUR) last issued its quarterly earnings results on Wednesday, August 8th. The technology company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Asure Software had a negative net margin of 11.85% and a positive return on equity of 9.05%. The business had revenue of $21.77 million for the quarter, compared to analyst estimates of $21.53 million. equities analysts anticipate that Asure Software will post 0.56 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the business. Perkins Capital Management Inc. acquired a new position in Asure Software during the second quarter worth about $399,000. Manatuck Hill Partners LLC acquired a new position in Asure Software during the second quarter worth about $1,595,000. Commonwealth Equity Services LLC acquired a new stake in shares of Asure Software in the second quarter valued at approximately $444,000. Cortina Asset Management LLC grew its position in shares of Asure Software by 79.2% in the second quarter. Cortina Asset Management LLC now owns 317,959 shares of the technology company’s stock valued at $5,071,000 after purchasing an additional 140,498 shares during the last quarter. Finally, Evanson Asset Management LLC acquired a new stake in shares of Asure Software in the second quarter valued at approximately $395,000. Institutional investors own 60.81% 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.

Featured Article: Risk Tolerance and Your Investment Decisions

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Asure Software (NASDAQ:ASUR)

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.