ASUR stock: buy or sell?

ASUR stock price: $5.63 -5.54% At close on April 1st, 2020

Updated on:
April 1st, 2020

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Shares of Asure Software closed today at $5.63 and plummed a dreadful -5.54%.

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. Having a trading plan helps to make decisions easier, quicker and with less hesitations. 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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ASUR will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Asure Software stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for ASUR stock for the last month.

ASUR stock analysis

Daily outlook

Asure Software plummed a dreadful -5.54% and closed at $5.63.

Asure Software shares plummed -5.54% to $5.63 today. For the last 29 days when ASUR stock price broke down the SMA200d line, it slid $-2.62 per share (-31.76%). ASUR is soaring again after a 11.34% correction from its last top on March/24 at $6.35.

ASUR stock chart (daily)

Weekly outlook

Shares of Asure Software collapsed a spooky -5.38% this week.

Since price and 40-weeks moving average lines crossed down early March, ASUR fell $-2.80 per share (-33.21%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

ASUR stock chart (weekly)

ASUR stock price history

ASUR stock went public on April 7th, 1992 with a price of $86.671. Since then, ASUR stock lost a -93.50%, with a yearly average of -3.50%.

1: Adjusted price after possible price splits or reverse-splits.

ASUR stock historical price chart

ASUR stock reached 52-week highs on July at $10.25, and all-time highs 1995-09-22 with a price of 173.33.

ASUR stock price target

Predicting 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. You should not follow the analysts' ASUR stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price prediction for Asure Software stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Asure Software failed analysts when it published an Earnings per Share (EPS) of $0.09 when the market consensus was $0.11.
ASUR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.12n/a
2017-Q2-n/a-0.18n/a
2017-Q3-n/a-0.1n/a
2017-Q42018-03-150.190.15-21.1%
2018-Q12018-05-090.060.1183.3%
2018-Q22018-08-080.090.1233.3%
2018-Q32018-11-090.140.12-14.3%
2018-Q42019-03-140.110.09-18.2%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw an astounding growth of 63.39% to $88.95 million dollars. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) inched a 2.02% to -8.49%.

ASUR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$25 M-$-1.66 M-6.5%-
2014$27 M6.82%$-0.26 M-1.0%-84.22%
2015$27 M-1.10%$-1.76 M-6.5%570.61%
2016$36 M32.10%$-0.97 M-2.7%-44.68%
2017$54 M53.18%$-5.72 M-10.5%488.68%
2018$89 M63.39%$-7.55 M-8.5%31.91%

Quarterly financial results

Asure Software reported $24.42 million in revenues for 2018-Q4, a 4.11% improvement compared to previous quarter. Reported quarter earnings marked $1.73 million with a profit margin of 7.08%. Profit margin rocketed a 22.36% compared to previous quarter when profit margin was -15.28%. When comparing revenues to same quarter last year, Asure Software sales marked an exceptional increase and boosted a 59.54%. Looking back to recent quarterly results, Asure Software posted 4 negative quarters in a row.
ASUR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$11 M-$-1.06 M-9.9%-
2017-Q2$13 M20.04%$-1.84 M-14.3%73.58%
2017-Q3$16 M20.55%$-1.28 M-8.3%-30.38%
2017-Q4$15 M-1.41%$-1.55 M-10.1%20.61%
2018-Q1$19 M26.10%$-1.93 M-10.0%24.60%
2018-Q2$22 M12.76%$-3.77 M-17.3%95.74%
2018-Q3$23 M7.77%$-3.58 M-15.3%-4.88%
2018-Q4$24 M4.11%$1.73 M7.1%-148.24%

Asure Software ownership

When you are planning to buy a company, it's worth to overview its ownership structure.

Asure Software shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 20.84% of all shares.

In case of Asure Software stock, 66.73% 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:

ASUR
Market cap$88.4 M
Total shares15.7 M
Float shares11.8 M
  - Institutional holdings (%)66.7%
  - Insider holdings (%)20.8%
Shares in short selling0.0%

ASUR summary

Wednesday, April 1st, 2020
Open$5.71
Close$5.63
Day range$5.55 - $5.75
Previous close$5.96
Session gain-5.54%
Average true range$0.76
50d mov avg$7.58
100d mov avg$7.96
200d mov avg$7.89
Daily patternlb01a
Weekly pattern

Asure Software performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Asure Software performance to :
Stock3m6m12m
ASURAsure Software-31.34%-16.72%-12.03%

Asure Software competitors

Unfortunately, we could not find any public company that could be defined as Asure Software competitor. This doesn't mean Asure Software does not have any competitor in the market, it's just we could not detected it.