Asure Stock Buy Hold or Sell Recommendation

ASUR
 Stock
  

USD 5.37  0.16  2.89%   

Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Asure Software is 'Strong Hold'. Macroaxis provides Asure Software buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASUR positions. The advice algorithm takes into account all of Asure Software's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Asure Software's buy-and-hold perspective. Please continue to Asure Software Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Asure and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Asure Software.

Execute Asure Software Buy or Sell Advice

The Asure recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Asure Software. Macroaxis does not own or have any residual interests in Asure Software or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Asure Software's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Asure SoftwareBuy Asure Software
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Asure Software has a Risk Adjusted Performance of (0.06), Jensen Alpha of (0.13), Total Risk Alpha of (0.25) and Treynor Ratio of (0.45)
We provide trade advice to complement the prevailing expert consensus on Asure Software. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Asure Software is not overpriced, please confirm all Asure Software fundamentals, including its debt to equity, and the relationship between the gross profit and price to earnings to growth . Given that Asure Software has a number of shares shorted of 284.67 K, we suggest you to validate Asure Software market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Asure Software Trading Alerts and Improvement Suggestions

Asure Software generated a negative expected return over the last 90 days
Asure Software has a very high chance of going through financial distress in the upcoming years
Asure Software was previously known as Forgerock Inc Cl and was traded on New York Stock Exchange under the symbol FORG.
About 67.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.marketscreener.com: Asure Announces Integration with PrismHR to Deliver Payroll Tax Filing System and Services to PEO and ASO Markets - Marketscreener.com

Asure Software current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Asure analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Asure analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price11.10
Target Median Price10.00
Target High Price16.00
Recommendation Mean1.80
Number Of Analyst Opinions5
Target Low Price7.50
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Asure Software Returns Distribution Density

The distribution of Asure Software's historical returns is an attempt to chart the uncertainty of Asure Software's future price movements. The chart of the probability distribution of Asure Software stock daily returns describes the distribution of returns around its average expected value. We use Asure Software price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Asure Software returns is essential to provide solid investment advice for Asure Software.
Mean Return-0.1Value At Risk-4.22
Potential Upside3.26Standard Deviation2.08
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Asure Software historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Asure Software Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(3.06 M)(5.79 M)(4.84 M)(16.78 M)(29.8 M)(30.58 M)
Depreciation Amortization and Accretion6.06 M12.93 M18.16 M16.17 M17.82 M19.23 M
Net Cash Flow or Change in Cash and Cash Equivalents15.03 M(12.35 M)13.38 M190.93 M(126.24 M)(129.56 M)
Issuance Purchase of Equity Shares28 M39.45 M820 K21.39 M678 K695.84 K
Issuance Repayment of Debt Securities36.67 M29.51 M(89.97 M)(3.38 M)14.77 M15.93 M
Net Cash Flow from Financing73.54 M101.79 M(68.02 M)208.1 M(90.65 M)(93.04 M)
Net Cash Flow from Investing(58.49 M)(107.23 M)85.63 M(19.41 M)(36.97 M)(37.94 M)
Net Cash Flow from Operations(36 K)(7.13 M)(4.12 M)2.23 M1.38 M1.49 M
Effect of Exchange Rate Changes on Cash97 K12 K221 K(115 K)(132.25 K)(135.73 K)
Share Based Compensation593 K1.69 M2.27 M2.37 M2.99 M3.23 M

Asure Software Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Asure Software or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Asure Software's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Asure stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.13
β
Beta against DOW0.25
σ
Overall volatility
2.11
Ir
Information ratio -0.09

Asure Software Volatility Alert

Asure Software exhibits very low volatility with skewness of -0.05 and kurtosis of 1.09. However, we advise investors to further study Asure Software technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Asure Software's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Asure Software's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Asure Software Implied Volatility

Asure Software's implied volatility" href="/stock-options/ASUR/Asure-Software">Asure Software's implied volatility exposes the market's sentiment of Asure Software stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Asure Software's implied volatility" href="/stock-options/ASUR/Asure-Software">Asure Software's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Asure Software stock will not fluctuate a lot when Asure Software's options" href="/stock-options/ASUR/Asure-Software">Asure Software's options are near their expiration.

Asure Software Fundamentals Vs Peers

Comparing Asure Software's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Asure Software's direct or indirect competition across all of the common fundamentals between Asure Software and the related equities. This way, we can detect undervalued stocks with similar characteristics as Asure Software or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Asure Software's fundamental indicators could also be used in its relative valuation, which is a method of valuing Asure Software by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Asure Software to competition
FundamentalsAsure SoftwarePeer Average
Return On Equity1.18 %(0.31) %
Return On Asset(1.92) %(0.14) %
Profit Margin2.20 %(1.27) %
Operating Margin(17.02) %(5.51) %
Current Valuation143.92 M16.62 B
Shares Outstanding19.97 M571.82 M
Shares Owned by Insiders10.50 %10.09 %
Shares Owned by Institutions66.75 %39.21 %
Number of Shares Shorted284.67 K4.71 M
Price to Earning63.98 X28.72 X
Price to Book0.65 X9.51 X
Price to Sales1.32 X11.42 X
Revenue80.59 M9.43 B
Gross Profit46.56 M27.38 B
EBITDA3.42 M3.9 B
Net Income1.77 M570.98 M
Cash and Equivalents12.05 M2.7 B
Cash per Share0.60 X5.01 X
Total Debt41.57 M5.32 B
Debt to Equity0.27 %48.70 %
Current Ratio1.06 X2.16 X
Book Value Per Share8.11 X1.93 K
Cash Flow from Operations5.27 M971.22 M
Short Ratio7.15 X4.00 X
Earnings Per Share0.08 X3.12 X
Price to Earnings To Growth8.16 X4.89 X
Number of Employees50818.84 K
Beta0.93-0.15
Market Capitalization106.03 M19.03 B
Total Asset33.82 M29.47 B
Retained Earnings(273.67 M)9.33 B
Working Capital(8.59 M)1.48 B
Current Asset7.68 M9.34 B
   Purchase by Patrick Goepel of 18000 shares of Asure Software [view details]

Asure Software Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Asure . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution6910.38
Daily Balance Of Power(0.70)
Rate Of Daily Change0.97
Day Median Price5.45
Day Typical Price5.42
Market Facilitation Index0.0
Price Action Indicator(0.15)

About Asure Software Buy or Sell Advice

When is the right time to buy or sell Asure Software? Buying financial instruments such as Asure Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables4.81 M4.85 M5.31 M5.33 M
Inventories656 K449 K246 K371.65 K

Use Investing Ideas to Build Portfolios

In addition to having Asure Software in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Iron Thematic Idea Now

Iron
Iron Theme
Companies involved in production of steel and iron. The Iron theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Iron Theme or any other thematic opportunities.
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Please continue to Asure Software Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Asure Software information on this page should be used as a complementary analysis to other Asure Software's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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Is Asure Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asure Software. If investors know Asure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asure Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
107.3 M
Quarterly Revenue Growth YOY
0.18
Return On Assets
-0.0243
Return On Equity
-0.0525
The market value of Asure Software is measured differently than its book value, which is the value of Asure that is recorded on the company's balance sheet. Investors also form their own opinion of Asure Software's value that differs from its market value or its book value, called intrinsic value, which is Asure Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asure Software's market value can be influenced by many factors that don't directly affect Asure Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asure Software's value and its price as these two are different measures arrived at by different means. Investors typically determine Asure Software value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asure Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.