ASUR stock: buy or sell?
February 27th, 2020
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.
|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?
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
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%).
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 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 targetPredicting 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 ShareOn 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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.
|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 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.
|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 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:
|Market cap||$131.1 M|
|Total shares||15.6 M|
|Float shares||11.7 M|
|- Institutional holdings (%)||65.8%|
|- Insider holdings (%)||21.0%|
|Shares in short selling||0.0%|
|Thursday, February 27th, 2020|
|Day range||$8.18 - $8.66|
|Average true range||$0.35|
|50d mov avg||$8.45|
|100d mov avg||$8.48|
|200d mov avg||$7.93|
Asure Software performancePerformance 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: