Asure Stock Today

ASUR
 Stock
  

USD 5.68  0.37  6.97%   

Market Performance
0 of 100
Odds Of Distress
Over 89
Asure Software is selling at 5.68 as of the 16th of August 2022; that is 6.97 percent increase since the beginning of the trading day. The stock's lowest day price was 5.58. Asure Software has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over 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 17th of July 2022 and ending today, the 16th of August 2022. Click here to learn more.
CUSIP
04649U102
Fiscal Year End
December
Business Domain
Software & Services
IPO Date
7th of April 1992
Category
Technology
Classification
Information Technology
ISIN
US04649U1025
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 19.97 M outstanding shares of which 284.67 K shares are presently shorted by private and institutional investors with about 7.15 trading days to cover. More on Asure Software

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Follow Valuation Options Odds of Bankruptcy
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Asure Software Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Asure Software's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Asure Software or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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 MacroaxisInsider: Purchase by Patrick Goepel of 18000 shares of Asure Software
Older SymbolFORG
CEOPatrick Goepel
Thematic IdeaComputers (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Asure Software report their recommendations after researching Asure Software's financial statements, talking to executives and customers, or listening in on Asure Software's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Asure Software. The Asure consensus assessment is calculated by taking the average forecast from all of the analysts covering Asure Software.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Asure Software based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Asure Software financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares15.9 M19.3 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted15.9 M19.3 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from Operations1.5 M1.4 M
Significantly Up
Decreasing
Slightly volatile
Total Assets467.4 M433.2 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities220.1 M275 M
Significantly Down
Increasing
Slightly volatile
Current Assets269.6 M249.8 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities251.2 M232.8 M
Significantly Up
Increasing
Slightly volatile
Total Debt42.6 M41.3 M
Sufficiently Up
Increasing
Slightly volatile
Return on Average Assets0.00860.008
Significantly Up
Increasing
Slightly volatile
Gross Margin0.620.612
Fairly Up
Decreasing
Slightly volatile
Asset Turnover0.190.184
Sufficiently Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Asure Software's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Asure Software's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Asure Software's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Asure Software's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Asure Software deploys its capital and how much of that capital is borrowed.
Liquidity
Asure Software cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 41.57 M in liabilities with Debt to Equity (D/E) ratio of 0.27, which may suggest the company is not taking enough advantage from borrowing. Asure Software has a current ratio of 1.04, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist Asure Software until it has trouble settling it off, either with new capital or with free cash flow. So, Asure Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Asure Software sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asure to invest in growth at high rates of return. When we think about Asure Software's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.49 Million
Asure Software (ASUR) is traded on NASDAQ Exchange in USA. It is located in 3700 N. Capital of Texas Hwy., Suite 350, Austin, TX 78746, United States and employs 508 people. Asure Software was previously known as Forgerock Inc Cl and was traded on New York Stock Exchange under the symbol FORG. Asure Software is listed under Computers category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 106.03 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asure Software's market, we take the total number of its shares issued and multiply it by Asure Software's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Asure Software conducts business under Technology sector and is part of Software—Application industry. The entity has 19.97 M outstanding shares of which 284.67 K shares are presently shorted by private and institutional investors with about 7.15 trading days to cover. Asure Software currently holds about 12.05 M in cash with 5.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.6.
Check Asure Software Probability Of Bankruptcy
Ownership
Asure Software holds a total of nineteen million nine hundred seventy thousand outstanding shares. Over half of Asure Software outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Asure Software. Please watch out for any change in the institutional holdings of Asure Software as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Asure Ownership Details

Asure Stock Price Odds Analysis

What are Asure Software's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of Asure Software jumping above the current price in 90 days from now is about 53.32%. The Asure Software probability density function shows the probability of Asure Software stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Asure Software has a beta of 0.2848. This suggests as returns on the market go up, Asure Software average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Asure Software will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Asure Software is significantly underperforming DOW.
  Odds Below 5.68HorizonTargetOdds Above 5.68
46.40%90 days
 5.68 
53.32%
Based on a normal probability distribution, the odds of Asure Software to move above the current price in 90 days from now is about 53.32 (This Asure Software probability density function shows the probability of Asure Stock to fall within a particular range of prices over 90 days) .

Asure Software Historical Income Statement

Asure Software Income Statement is one of the three primary financial statements used for reporting Asure's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Asure Software revenue and expense. Asure Software Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Asure Software Direct Expenses is relatively stable at the moment as compared to the past year. Asure Software reported last year Direct Expenses of 29.5 Million. As of 08/16/2022, Consolidated Income is likely to grow to about 3.4 M, while Gross Profit is likely to drop slightly above 41.4 M. View More Fundamentals

Asure Stock Against Markets

Picking the right benchmark for Asure Software stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Asure Software stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Asure Software is critical whether you are bullish or bearish towards Asure Software at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Asure Software without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Performance Analysis

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Asure Software Corporate Directors

Asure Software corporate directors refer to members of an Asure Software board of directors. The board of directors generally takes responsibility for the Asure Software's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Asure Software's board members must vote for the resolution. The Asure Software board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Matthew Behrent - Independent DirectorProfile
Randall Waterfield - Independent DirectorProfile
Adrian Pertierra - Independent DirectorProfile
Brad Burrows - Director - SalesProfile

Invested in Asure Software?

You need to understand the risk of investing before taking a position 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 Shape 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.
Please continue to Trending Equities. 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Asure Software 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 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.
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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
116.6 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.