Live Ownership Coverage: Asure Software Inc 2016 Q2 Institutional Investor Sentiment Better Than Expected

November 18, 2016 - By Winifred Garcia   ·   0 Comments

Live Ownership Coverage: Asure Software Inc  2016 Q2 Institutional Investor Sentiment  Better Than Expected

Sentiment for Asure Software Inc (NASDAQ:ASUR)

Asure Software Inc (NASDAQ:ASUR) institutional sentiment increased to 3 in Q2 2016. Its up 2.20, from 0.8 in 2016Q1. The ratio is positive, as 4 institutional investors started new or increased stock positions, while 5 decreased and sold their equity positions in Asure Software Inc. The institutional investors in our partner’s database now hold: 1.39 million shares, down from 1.42 million shares in 2016Q1. Also, the number of institutional investors holding Asure Software Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 3 Increased: 4 New Position: 0.

Asure Software, Inc. is a global provider of cloud software-as-a-service solutions that help companies to bring people, time, space and assets together. The company has a market cap of $57.84 million. The Firm serves approximately 6,000 clients in over 80 countries. It currently has negative earnings. The Firm offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces.

The stock increased 7.09% or $0.56 on November 17, hitting $8.46. Asure Software Inc (NASDAQ:ASUR) has risen 59.02% since April 18, 2016 and is uptrending. It has outperformed by 54.59% the S&P500.

Analysts await Asure Software Inc (NASDAQ:ASUR) to report earnings on November, 21. They expect $0.08 EPS, up 188.89% or $0.17 from last year’s $-0.09 per share. ASUR’s profit will be $546,950 for 26.44 P/E if the $0.08 EPS becomes a reality. After $0.15 actual EPS reported by Asure Software Inc for the previous quarter, Wall Street now forecasts -46.67% negative EPS growth.

According to Zacks Investment Research, “Asure Software Inc., formerly Forgent Networks, Inc., is a provider of Web-based workforce management solutions. It offers Web-based workforce management solutions that enable organizations to manage their office environment, as well as their human resource and payroll processes. The Company offers its workforce management solutions under two product lines: NetSimplicity and iEmployee. Asure’s suite includes products to optimize workforce time and attendance tracking, benefits enrollment and tracking, pay stubs and W2 documentation, expense management, meeting and event management, and asset tracking. The company delivers easy-to-use, easy-to-deploy software products that serve small and medium-sized organizations and divisions of Fortune and Global 1000 enterprises. It focuses on developing products that deliver enterprise-class productivity enhancements at an affordable price such that any size organization can enjoy the benefits of its solutions.”

Bard Associates Inc holds 0.33% of its portfolio in Asure Software Inc for 131,593 shares. Perritt Capital Management Inc owns 126,883 shares or 0.16% of their US portfolio. Moreover, Kennedy Capital Management Inc. has 0.01% invested in the company for 91,650 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Blackrock Fund Advisors, a California-based fund reported 1,476 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 4 insider purchases, and 0 insider sales for $313,762 net activity.

Asure Software Inc (NASDAQ:ASUR) Ratings Coverage

Ratings analysis reveals 100% of Asure Software’s analysts are positive. Out of 5 Wall Street analysts rating Asure Software, 5 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $7.0 while the high is $12. The stock’s average target of $9.20 is 8.75% above today’s ($8.46) share price. ASUR was included in 7 notes of analysts from August 14, 2015. The firm earned “Buy” rating on Friday, October 28 by Wunderlich. The stock of Asure Software Inc (NASDAQ:ASUR) earned “Hold” rating by Zacks on Friday, August 14. Barrington Research maintained the stock with “Outperform” rating in Tuesday, November 17 report. The stock of Asure Software Inc (NASDAQ:ASUR) has “Buy” rating given on Monday, October 17 by Lake Street. The rating was maintained by Barrington Research on Tuesday, November 1 with “Outperform”. Northland Capital maintained Asure Software Inc (NASDAQ:ASUR) on Tuesday, November 17 with “Outperform” rating.

ASUR Company Profile

Asure Software, Inc., incorporated on May 30, 1989, is a global well-known provider of cloud software-as-a-service (SaaS) solutions that help companies to bring people, time, space and assets together. The Firm serves approximately 6,000 clients in over 80 countries. The Firm offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces. The Company’s SaaS offerings include asset management, mobile room scheduling, mobile time tracking, scheduling software, space utilization solutions, tablet time clocks, time and labor management software, time clocks, touch panels for room scheduling and workplace business intelligence (BI) analytics. The Firm offers approximately two product lines, including AsureSpace and AsureForce. The Company’s AsureSpace provides workplace management solutions that enable organizations to manage their office environments and manage real estate utilization. The Company’s AsureForce time and labor management solutions help organizations to manage labor and labor administration costs and activities.

More recent Asure Software Inc (NASDAQ:ASUR) news were published by: Marketwatch.com which released: “Asure Software started at buy with $12 stock price target at Wunderlich Securities” on December 21, 2009. Also Quotes.Wsj.com published the news titled: “News Asure Software Inc.ASUR” on February 11, 2011. Bizjournals.com‘s news article titled: “Asure Software buys Florida software company” with publication date: March 22, 2016 was also an interesting one.

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By Winifred Garcia


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