The shares of Asure Software, Inc. (NASDAQ:ASUR) has been pegged with a rating of Outperform by Barrington Research in its latest research note that was published on January 9th, 2019. The research company has also assigned a $15 price target. Barrington Research wasn’t the only research firm that published a report of Asure Software, Inc., with other equities research analysts also giving their opinion on the stock. Dougherty & Company advised investors in its research note published on November 13th, 2018, to Neutral the ASUR stock. The stock had earned Buy rating from Needham when it published its report on November 12th, 2018. That day the Needham set price target on the stock to $12. The stock was given Outperform rating by Barrington Research in its report released on November 12th, 2018, the day when the price target on the stock was placed at $20. Dougherty & Company was of a view that ASUR is Buy in its latest report on January 3rd, 2018 while giving it a price target of $18. Dougherty & Company thinks that ASUR is worth Buy rating. This was contained in the firm’s report on October 31st, 2017 in which the stock’s price target was also moved to $17.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $13.25. The price of the stock the last time has raised by 93.90% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 82.33.
The shares of the company added by 16.34% during the trading session on Tuesday, reaching a low of $7.31 while ending the day at $8.26. During the trading session, a total of 2.74 million shares were traded which represents a -1455534.69% decline from the average session volume which is 188.28K shares. ASUR had ended its last session trading at 7.10. Asure Software, Inc. currently has a market cap of $123.49M while its P/E earnings growth sits at 1.39, with a beta of 0.90. Asure Software, Inc. debt-to-equity ratio currently stands at 1.09, while its quick ratio hovers at 1.10. ASUR 52-week low price stands at $4.26 while its 52-week high price is $19.78.
The company in its last quarterly report recorded $0.15 earnings per share which is above the $0.14 predicted by most analysts. The Asure Software, Inc. generated $24.42 million in revenue during the last quarter, which is slightly higher than the $23.92 million predicted by analysts. In the second quarter last year, the firm recorded $0.14 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 6.67%. Asure Software, Inc. has the potential to record -0.57 EPS for the current fiscal year, according to equities analysts.
Investment analysts at BofA/Merrill published a research note on April 16th, 2019 where it informed investors and clients that Packaging Corporation of America (NYSE:PKG) is now rated as Neutral. Dougherty & Company also rated PKG as Downgrade on November 13th, 2018, with its price target of $13 suggesting that PKG could surge by 8.16% from its current share price. Even though the stock has been trading at $101.51/share, analysts expect it to surge higher by -3.52% to reach $106.64/share. It started the day trading at $98.47 and traded between $92.62 and $97.94 throughout the trading session.
A look at its technical shows that PKG’s 50-day SMA is 98.64 while its 200-day SMA stands at 100.47. The stock has a high of $124.70 for the year while the low is $77.90. The company’s P/E ratio currently sits at 12.59, while the P/B ratio is 3.43. At the moment, only of Packaging Corporation of America shares were sold short. The company’s average trading volume currently stands at 892.50K shares, which means that the short-interest ratio is just 2.46 days. Over the past seven days, the company moved, with its shift of -2.87%. Looking further, the stock has raised 9.14% over the past 90 days while it gained 11.23% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more PKG shares, increasing its portfolio by +1.37% during the last quarter. This move now sees The Vanguard Group Inc purchasing 138,076 shares in the last quarter, thus it now holds 10,235,961 shares of PKG, with a total valuation of $1,017,249,804. BlackRock Fund Advisors meanwhile bought more PKG shares in the recently filed quarter, changing its stake to $636,943,911 worth of shares. SSgA Funds Management Inc followed the path by decreasing its PKG portfolio by -6.73% in the quarter. This means that SSgA Funds Management Inc sold -289,927 shares in the last quarter and now controls 4,017,952 shares of the PKG stock, with the valuation hitting $399,304,070.
Similarly, LSV Asset Management increased its Packaging Corporation of America shares by +65.69% during the recently filed quarter. After buying 778,926 shares in the last quarter, the firm now controls 1,964,742 shares of Packaging Corporation of America which are valued at $195,256,060. In the same vein, Victory Capital Management Inc increased its Packaging Corporation of America shares by during the most recent reported quarter. The firm bought 138,552 shares during the quarter which increased its stakes to 1,855,052 shares and is now valued at $184,355,068. Following these latest developments, around 0.70% of Packaging Corporation of America stocks are owned by institutional investors and hedge funds.