Somewhat Favorable News Coverage Somewhat Unlikely to Affect Asure Software (ASUR) Share Price

News headlines about Asure Software (NASDAQ:ASUR) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Asure Software earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.0917379244795 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the headlines that may have impacted Accern’s scoring:

Several brokerages have recently issued reports on ASUR. Cowen and Company began coverage on shares of Asure Software in a research note on Wednesday, September 6th. They issued an “outperform” rating and a $16.00 target price on the stock. Scotiabank lowered shares of Asure Software from an “outperform” rating to a “sector perform” rating in a research note on Thursday, September 7th. Zacks Investment Research lowered shares of Asure Software from a “hold” rating to a “sell” rating in a research note on Friday, August 18th. Northland Securities reaffirmed a “buy” rating and issued a $18.00 target price on shares of Asure Software in a research note on Thursday, September 21st. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a $18.00 target price on shares of Asure Software in a research note on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $15.86.

Asure Software (NASDAQ:ASUR) last posted its quarterly earnings results on Monday, August 14th. The technology company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.06). The business had revenue of $12.88 million for the quarter, compared to the consensus estimate of $12.23 million. Asure Software had a positive return on equity of 6.93% and a negative net margin of 5.73%.

TRADEMARK VIOLATION WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect Asure Software (ASUR) Share Price” was originally posted by Markets Daily and is the sole property of of Markets Daily. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this piece of content can be viewed at https://www.themarketsdaily.com/2017/10/13/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-asure-software-asur-share-price.html.

About Asure Software

Asure Software, Inc is a global provider of cloud-based software-as-a-service (SaaS) solutions that help companies to bring people, time, space and assets together. The Company serves approximately 6,000 clients in over 80 countries. The Company offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces.

Insider Buying and Selling by Quarter for Asure Software (NASDAQ:ASUR)

Receive News & Ratings for Asure Software Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asure Software Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply