Brokerages Set Asure Software, Inc. (NASDAQ:ASUR) Target Price at $13.40

Asure Software, Inc. (NASDAQ:ASUR) has been given an average rating of “Moderate Buy” by the five ratings firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $13.40.

Several brokerages have recently weighed in on ASUR. Needham & Company LLC reiterated a “buy” rating and set a $20.00 target price on shares of Asure Software in a research report on Friday, August 2nd. TD Cowen lowered their price objective on Asure Software from $12.00 to $10.00 and set a “buy” rating on the stock in a research note on Monday, May 6th. Finally, Barrington Research restated an “outperform” rating and set a $17.00 target price on shares of Asure Software in a research report on Friday, July 26th.

Asure Software Trading Up 0.4 %

Shares of Asure Software stock opened at $8.26 on Wednesday. Asure Software has a 52-week low of $6.30 and a 52-week high of $12.94. The firm has a market capitalization of $213.22 million, a PE ratio of -19.21, a price-to-earnings-growth ratio of 0.79 and a beta of 0.62. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.11 and a quick ratio of 1.11. The company’s fifty day moving average price is $8.67 and its two-hundred day moving average price is $8.38.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ASUR. Private Capital Management LLC increased its holdings in Asure Software by 11.6% during the 4th quarter. Private Capital Management LLC now owns 3,924,027 shares of the technology company’s stock valued at $37,357,000 after purchasing an additional 408,000 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of Asure Software by 150.3% in the first quarter. Janus Henderson Group PLC now owns 1,737,398 shares of the technology company’s stock valued at $13,517,000 after buying an additional 1,043,385 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Asure Software by 6.4% in the first quarter. Vanguard Group Inc. now owns 1,181,423 shares of the technology company’s stock valued at $9,191,000 after buying an additional 71,495 shares during the last quarter. S Squared Technology LLC lifted its position in Asure Software by 13.0% during the 4th quarter. S Squared Technology LLC now owns 976,900 shares of the technology company’s stock worth $9,300,000 after buying an additional 112,479 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC grew its holdings in Asure Software by 7.9% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 754,016 shares of the technology company’s stock worth $6,334,000 after acquiring an additional 55,123 shares during the last quarter. Institutional investors own 71.58% of the company’s stock.

Asure Software Company Profile

Asure Software, Inc engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States. It provides its human resources (HR) tool as Software-as-a-Service that helps various small and medium-sized businesses to build productive workforce to help them stay compliant and allocate resources to grow their business.