Asure Software Stock Today

ASUR Stock  USD 9.80  0.09  0.93%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 8

 
High
 
Low
Low
Asure Software is selling at 9.80 as of the 21st of July 2024; that is 0.93 percent increase since the beginning of the trading day. The stock's lowest day price was 9.63. Asure Software has only a 8 % chance of going through financial distress over the next few years and had a solid performance during the last 90 days. Equity ratings for Asure Software are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of June 2024 and ending today, the 21st of July 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
7th of April 1992
Category
Technology
Classification
Information Technology
Asure Software, Inc. provides cloud-based human capital management solutions the United States. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas. Asure Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 25.81 M outstanding shares of which 737.36 K shares are presently shorted by private and institutional investors with about 6.62 trading days to cover. More on Asure Software

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Asure Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOPatrick Goepel
Thematic Ideas
Showing 3 out of 5 themes
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, NASDAQ Composite Total, ISP, Computers, Software, IT, Data Storage, Information Technology, Software, Software—Application, Technology, Cloud Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.250.2683
Significantly Down
Slightly volatile
Gross Profit Margin0.460.6039
Way Down
Slightly volatile
Total Current Liabilities253.4 M241.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total15.5 M10.9 M
Significantly Up
Pretty Stable
Total Assets466.1 M443.9 M
Sufficiently Up
Slightly volatile
Total Current Assets280.6 M267.2 M
Sufficiently Up
Slightly volatile
Debt Levels
Asure Software can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Asure Software's financial leverage. It provides some insight into what part of Asure Software's total assets is financed by creditors.
Liquidity
Asure Software currently holds 10.44 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Asure Software has a current ratio of 1.05, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Asure Software's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

17.4 Million
Asure Software (ASUR) is traded on NASDAQ Exchange in USA. It is located in 405 Colorado Street, Austin, TX, United States, 78701 and employs 564 people. Asure Software is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 252.97 M. Asure Software conducts business under Software sector and is part of Information Technology industry. The entity has 25.81 M outstanding shares of which 737.36 K shares are presently shorted by private and institutional investors with about 6.62 trading days to cover. Asure Software currently holds about 14.59 M in cash with 18.65 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.73.
Check Asure Software Probability Of Bankruptcy
Ownership Allocation
The majority of Asure Software outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Asure Software to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Asure Software. Please pay attention to any change in the institutional holdings of Asure Software as this could imply that something significant has changed or is about to change at the company.
Check Asure Ownership Details

Asure Stock Institutional Holders

InstituionRecorded OnShares
State Street Corporation2024-03-31
423.7 K
P.a.w. Capital Corp2024-03-31
370 K
Arnhold & S. Bleichroeder Advisers, Llc2024-03-31
281.5 K
Aqr Capital Management Llc2024-03-31
267.6 K
Deutsche Bank Ag2024-03-31
259 K
Boston Partners Global Investors, Inc2024-03-31
243.7 K
Roubaix Capital, Llc2024-03-31
240.9 K
Morgan Stanley - Brokerage Accounts2024-03-31
236.7 K
Northern Trust Corp2024-03-31
229.3 K
Private Capital Management, Llc2024-03-31
3.9 M
Hhg Plc2024-03-31
1.7 M
View Asure Software Diagnostics

Asure Software Historical Income Statement

At this time, Asure Software's Tax Provision is relatively stable compared to the past year. As of 07/21/2024, Interest Income is likely to grow to about 18.7 M, while Selling General Administrative is likely to drop slightly above 26.7 M. View More Fundamentals

Asure Stock Against Markets

Asure Software Corporate Management

Todd WaletzkiChief StaffProfile
Mike VannoyVice MarketingProfile
Yasmine RodriguezSenior ComplianceProfile
Eyal GoldsteinChief Revenue OfficerProfile
Randal RudniskiFinancial RelationsProfile
John PencePrincipal CFOProfile

Already Invested in Asure Software?

The danger of trading Asure Software is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Asure Software is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Asure Software. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Asure Software is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Asure Stock Analysis

When running Asure Software's price analysis, check to measure Asure Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asure Software is operating at the current time. Most of Asure Software's value examination focuses on studying past and present price action to predict the probability of Asure Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asure Software's price. Additionally, you may evaluate how the addition of Asure Software to your portfolios can decrease your overall portfolio volatility.