ASUR stock: buy or sell?

ASUR stock price: $8.41 -2.10% At close on February 27th, 2020

Updated on:
February 27th, 2020

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Shares of Asure Software dropped a rough -2.10% and closed at $8.41. With Thursday it's been 5 sliding days in a row, loosing $-0.67 (-7.49%).

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?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. 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?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for ASUR stock for the last month.

ASUR stock analysis

Daily outlook

Shares of Asure Software closed today at $8.41 and dropped a rough -2.10%.

Asure Software dropped a rough -2.10% and closed at $8.41. Since price and SMA200d lines crossed up on October, ASUR climbed $1.98 (30.79%).

ASUR stock chart (daily)

Weekly outlook

Asure Software shares plummed -6.66% this week, ending at $8.41. By mid January ASUR rocketed an amazing 6.49% in just one week.

Since price and SMA40w lines crossed up early October, ASUR climbed $1.65 (24.41%). Since early July 2019 when SMA20w and SMA40w crossed up, ASUR price slipped $-1.18 per share (-12.30%).

ASUR stock chart (weekly)

ASUR stock price history

ASUR IPO was on April 7th, 1992 at $86.67 per share1. Since then, ASUR stock sliced 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 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, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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 have not detected any price forecast for Asure Software stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

On March, Asure Software failed to meet the expectations of the experts and reported a godawful EPS of $0.09 per share when experts were expecting $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 turnover report draw a dazzling gain of 63.39% to $88.95 million USD. However, its earnings margin (compared to revenues) raised to -8.49%, that is $-7.55 million.

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 posted $24.42 million in revenues for 2018-Q4, a 4.11% up 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 astounding increase and skyrocketed a 59.54%. Looking back to recent quarterly results, Asure Software posted 4 positive 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 invest in shares of a company, it's always 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 20.99% of all shares.

In case of Asure Software stock, 65.81% 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.

For a better context understanding, the following table shows ownership data compared to other related companies:

ASUR
Market cap$131.1 M
Total shares15.6 M
Float shares11.7 M
  - Institutional holdings (%)65.8%
  - Insider holdings (%)21.0%
Shares in short selling0.0%

ASUR summary

Thursday, February 27th, 2020
Open$8.41
Close$8.41
Day range$8.18 - $8.66
Previous close$8.59
Session gain-2.10%
Average true range$0.35
50d mov avg$8.45
100d mov avg$8.48
200d mov avg$7.93
Daily pattern
Weekly pattern lt11a

Asure Software performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Asure Software against in the following table:
Stock3m6m12m
ASURAsure Software2.56%30.59%34.99%

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.