ASUR stock: buy or sell?
October 18th, 2019
Asure Software, Inc. provides cloud-based software-as-a-service (SaaS) time and labor management, and workspace management solutions worldwide.
Should I buy ASUR stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading strategy that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Asure Software stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Asure Software stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we detected 4 ratings published for ASUR stock in the last 30 days. The general sentiment of these ratings is bullish for ASUR stock, with 4 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
ASUR stock analysis
Shares of Asure Software ended on Oct 18th at $8.43 and fell a tragic -1.75%.
Asure Software fell a tragic -1.75% and closed at $8.43. Since price and SMA200d lines crossed up on October/4, ASUR climbed $2.00 (31.10%). Since SMA100d and SMA200d crossed up on July, ASUR price slid a -1.17%.
After boosting an astounding 23.09% in a week last week, Asure Software closed this week at $8.43 and fell a shocking -4.10%.
Asure Software stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since last week when ASUR stock price broke up the SMA40w line, it gained $1.67 (24.70%). Since early July when SMA20w and SMA40w crossed up, ASUR price slipped $-1.16 per share (-12.10%).
ASUR stock price history
ASUR IPO was on April 7th, 1992 at $86.67 per share1. Since then, ASUR stock declined a -90.30%, with a yearly average of -3.30%.
1: Adjusted price after possible price splits or reverse-splits.
ASUR stock historical price chart
ASUR stock reached 52-week highs at $12.05, and all-time highs 1995-09-22 with a price of 173.33.
ASUR stock price target is $16.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 3 price predictions for Asure Software stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-1-9||Barrington Research||Raises Target||$15.00||$20.00||33.3%|
|2019-1-8||Roth Capital||Lowers Target||$23.00||$15.00||-34.8%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn March, Asure Software missed the estimates of the experts and posted a terrible EPS of $0.09 per share when experts were expecting $0.11.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a dazzling increase of 63.39% to $88.95 M USD. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) raised a 2.02% to -8.49%.
|2013||$25 M||-||$-1.66 M-6.5%||-|
|2014||$27 M||6.82%||$-0.26 M-1.0%||-84.22%|
|2015||$27 M||-1.10%||$-1.76 M-6.5%||570.61%|
|2016||$36 M||32.10%||$-0.97 M-2.7%||-44.68%|
|2017||$54 M||53.18%||$-5.72 M-10.5%||488.68%|
|2018||$89 M||63.39%||$-7.55 M-8.5%||31.91%|
Quarterly financial resultsAsure Software posted $24.42 million in sales for 2018-Q4, a 4.11% improvement compared to previous quarter. Reported quarter income marked $1.73 M with a profit margin of 7.08%. Profit margin climbed a 22.36% compared to previous quarter when profit margin was -15.28%. When comparing sales to same quarter last year, Asure Software sales marked an astounding gain and rocketed a 59.54%. Looking back to recent quarterly results, Asure Software posted 4 negative quarters in a row.
|2017-Q1||$11 M||-||$-1.06 M-9.9%||-|
|2017-Q2||$13 M||20.04%||$-1.84 M-14.3%||73.58%|
|2017-Q3||$16 M||20.55%||$-1.28 M-8.3%||-30.38%|
|2017-Q4||$15 M||-1.41%||$-1.55 M-10.1%||20.61%|
|2018-Q1||$19 M||26.10%||$-1.93 M-10.0%||24.60%|
|2018-Q2||$22 M||12.76%||$-3.77 M-17.3%||95.74%|
|2018-Q3||$23 M||7.77%||$-3.58 M-15.3%||-4.88%|
|2018-Q4||$24 M||4.11%||$1.73 M7.1%||-148.24%|
Asure Software ownershipWhen you are planning to buy shares of a company, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Asure Software, 13.36% of all outstanding shares are owned by its staff.
In case of Asure Software stock, 67.69% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ASUR stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Asure Software:
|Market cap||$131.1 M||$0.0 M||$9.6 B||$216.8 B||$5.1 B|
|Total shares||15.6 M||0.0 M||287.1 M||2,560.0 M||53.1 M|
|Float shares||11.1 M||0.0 M||284.0 M||2,560.0 M||35.7 M|
|- Institutional holdings (%)||67.7%||0.0%||91.3%||78.3%||67.0%|
|- Insider holdings (%)||13.4%||0.0%||0.9%||0.1%||33.1%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, October 18th, 2019|
|Day range||$8.30 - $8.60|
|Average true range||$0.54|
|50d mov avg||$6.88|
|100d mov avg||$7.52|
|200d mov avg||$6.92|
Asure Software performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Asure Software, the benchmark is made against Salesforce.com, Iron Mountain, Merck, Paylocity, Pfizer, RCM Technologies, Steelcase, Verint Systems and Workday.