Fly News Breaks for December 3, 2019
Dec 3, 2019 | 08:42 EDT
Lake Street analyst Eric Martinuzzi says Asure Software is now a pure play on human capital management following the sale of its Workspace business. The company's recurring revenue is in excess of 90% of total revenue and the midpoint of its 2020 guidance anticipates $73M revenue and 15.7% adjusted EBITDA margin, Martinuzzi tells investors in a research note. He views Asure Software as an "underappreciated turnaround story sustaining double-digit organic growth." The analyst keeps a Buy rating on the shares with a $12 price target.
News For ASUR From the Last 2 Days
There are no results for your query ASUR