Asure Software (NASDAQ:ASUR) Receives “Outperform” Rating from Barrington Research

Asure Software (NASDAQ:ASUR)‘s stock had its “outperform” rating restated by equities researchers at Barrington Research in a research note issued on Friday,Benzinga reports. They currently have a $15.00 target price on the technology company’s stock. Barrington Research’s price objective indicates a potential upside of 65.93% from the stock’s current price.

Several other equities analysts have also commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Asure Software in a research report on Monday. Wall Street Zen raised shares of Asure Software from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Finally, Zacks Research upgraded shares of Asure Software from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Asure Software presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.00.

Asure Software Stock Down 3.1%

Asure Software stock opened at $9.04 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 0.32. The firm has a market cap of $258.91 million, a P/E ratio of -19.23, a P/E/G ratio of 1.16 and a beta of 0.48. The business has a fifty day moving average of $8.50 and a two-hundred day moving average of $8.64. Asure Software has a twelve month low of $6.80 and a twelve month high of $11.48.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Anchor Capital Advisors LLC increased its stake in shares of Asure Software by 1.5% during the fourth quarter. Anchor Capital Advisors LLC now owns 120,674 shares of the technology company’s stock worth $1,137,000 after buying an additional 1,815 shares during the period. American Century Companies Inc. lifted its position in shares of Asure Software by 3.9% during the 2nd quarter. American Century Companies Inc. now owns 50,462 shares of the technology company’s stock worth $493,000 after purchasing an additional 1,900 shares during the last quarter. Deutsche Bank AG increased its holdings in Asure Software by 13.8% in the fourth quarter. Deutsche Bank AG now owns 17,905 shares of the technology company’s stock valued at $169,000 after buying an additional 2,176 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Asure Software by 107.8% in the third quarter. BNP Paribas Financial Markets now owns 4,986 shares of the technology company’s stock valued at $41,000 after buying an additional 2,586 shares during the last quarter. Finally, Barclays PLC increased its holdings in Asure Software by 8.3% in the fourth quarter. Barclays PLC now owns 39,357 shares of the technology company’s stock valued at $371,000 after buying an additional 3,033 shares during the last quarter. 71.58% of the stock is owned by institutional investors and hedge funds.

About Asure Software

Asure Software, Inc (NASDAQ: ASUR) is a Texas?based technology company specializing in cloud?based workforce and workspace management solutions. The company develops software that streamlines human capital management (HCM), payroll processing, time and attendance tracking, and workspace reservation for businesses seeking to optimize employee experience and operational efficiency.

The Asure platform includes modules for payroll administration, benefits enrollment, performance management, applicant tracking and onboarding, as well as mobile and web?based timekeeping.