Asure Software (ASUR) Moves 5.9% Higher: Will This Strength Last?

Company Overview - Asure Software Inc (ASUR) shares increased by 5.9% to $7.57 in the last trading session, following a significant volume of shares traded, contrasting with a 22.1% loss over the past four weeks [1] - The company is experiencing broad-based revenue growth in its Human Capital Management portfolio, with improvements in organic growth and contributions from the Lathen Time Acquisition [1] Earnings Expectations - Asure Software is projected to report quarterly earnings of $0.23 per share, reflecting a year-over-year increase of 53.3% [2] - Expected revenues for the upcoming quarter are $38.67 million, which is a 25.6% increase compared to the same quarter last year [2] Stock Performance Insights - The consensus EPS estimate for Asure Software has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Context - Asure Software is part of the Zacks Internet - Delivery Services industry, where another company, GoDaddy (GDDY), saw a 0.7% decrease in its stock price, with a return of -11.9% over the past month [3] - GoDaddy's consensus EPS estimate for its upcoming report is $1.58, representing an 11.3% increase from the previous year, and it holds a Zacks Rank of 2 (Buy) [4]