Asure Software (ASUR)
Market Price (2/27/2026): $8.36 | Market Cap: $230.5 MilSector: Information Technology | Industry: Application Software
Asure Software (ASUR)
Market Price (2/27/2026): $8.36Market Cap: $230.5 MilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16% | Weak multi-year price returns2Y Excs Rtn is -58%, 3Y Excs Rtn is -104% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -13 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -9.6% |
| Low stock price volatilityVol 12M is 46% | Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.93 | Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -12% |
| Megatrend and thematic driversMegatrends include Cloud Computing, Automation & Robotics, and Future of Work. Themes include Software as a Service (SaaS), Show more. | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -12% | |
| Key risksASUR key risks include [1] the significant execution challenge of converting its debt-fueled acquisition strategy into sustained profitability and [2] intense pricing and retention pressure from larger competitors that could undermine its value-focused market position. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16% |
| Low stock price volatilityVol 12M is 46% |
| Megatrend and thematic driversMegatrends include Cloud Computing, Automation & Robotics, and Future of Work. Themes include Software as a Service (SaaS), Show more. |
| Weak multi-year price returns2Y Excs Rtn is -58%, 3Y Excs Rtn is -104% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.93 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -13 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -9.6% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -12% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -12% |
| Key risksASUR key risks include [1] the significant execution challenge of converting its debt-fueled acquisition strategy into sustained profitability and [2] intense pricing and retention pressure from larger competitors that could undermine its value-focused market position. |
Qualitative Assessment
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Asure Software (ASUR) stock has lost about 10% since 10/31/2025 because of the following key factors:
1. Asure Software's stock experienced a significant drop following its Q3 2025 earnings report. While the company reported revenues of $36.25 million, slightly exceeding estimates, its Earnings Per Share (EPS) of $0.15 per share for Q3 2025 significantly missed the Zacks Consensus Estimate of $0.22 per share, representing a negative surprise of 31.82%.
2. The company's full-year GAAP net loss widened to $13.1 million in 2025. Despite strong revenue growth (up 17% year-over-year to $140.5 million) and an 82% increase in Q4 2025 adjusted EBITDA to $11.4 million, the continued GAAP net loss raises concerns about underlying profitability.
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1. Asure Software's stock experienced a significant drop following its Q3 2025 earnings report. While the company reported revenues of $36.25 million, slightly exceeding estimates, its Earnings Per Share (EPS) of $0.15 per share for Q3 2025 significantly missed the Zacks Consensus Estimate of $0.22 per share, representing a negative surprise of 31.82%.
2. The company's full-year GAAP net loss widened to $13.1 million in 2025. Despite strong revenue growth (up 17% year-over-year to $140.5 million) and an 82% increase in Q4 2025 adjusted EBITDA to $11.4 million, the continued GAAP net loss raises concerns about underlying profitability.
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Stock Movement Drivers
Fundamental Drivers
The -12.3% change in ASUR stock from 10/31/2025 to 2/26/2026 was primarily driven by a -12.3% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.85 | 7.76 | -12.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 132 | 132 | 0.0% |
| P/S Multiple | 1.8 | 1.6 | -12.3% |
| Shares Outstanding (Mil) | 28 | 28 | 0.0% |
| Cumulative Contribution | -12.3% |
Market Drivers
10/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| ASUR | -12.3% | |
| Market (SPY) | 1.1% | 39.1% |
| Sector (XLK) | -6.2% | 28.8% |
Fundamental Drivers
The -20.0% change in ASUR stock from 7/31/2025 to 2/26/2026 was primarily driven by a -23.3% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.70 | 7.76 | -20.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 125 | 132 | 5.6% |
| P/S Multiple | 2.1 | 1.6 | -23.3% |
| Shares Outstanding (Mil) | 27 | 28 | -1.2% |
| Cumulative Contribution | -20.0% |
Market Drivers
7/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| ASUR | -20.0% | |
| Market (SPY) | 9.4% | 39.5% |
| Sector (XLK) | 7.5% | 29.9% |
Fundamental Drivers
The -34.3% change in ASUR stock from 1/31/2025 to 2/26/2026 was primarily driven by a -40.2% change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.82 | 7.76 | -34.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 115 | 132 | 14.5% |
| P/S Multiple | 2.7 | 1.6 | -40.2% |
| Shares Outstanding (Mil) | 26 | 28 | -4.1% |
| Cumulative Contribution | -34.3% |
Market Drivers
1/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| ASUR | -34.3% | |
| Market (SPY) | 15.5% | 41.1% |
| Sector (XLK) | 22.8% | 37.4% |
Fundamental Drivers
The -27.0% change in ASUR stock from 1/31/2023 to 2/26/2026 was primarily driven by a -33.9% change in the company's P/S Multiple.| (LTM values as of) | 1312023 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.63 | 7.76 | -27.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 88 | 132 | 50.6% |
| P/S Multiple | 2.5 | 1.6 | -33.9% |
| Shares Outstanding (Mil) | 20 | 28 | -26.7% |
| Cumulative Contribution | -27.0% |
Market Drivers
1/31/2023 to 2/26/2026| Return | Correlation | |
|---|---|---|
| ASUR | -27.0% | |
| Market (SPY) | 75.9% | 28.3% |
| Sector (XLK) | 111.7% | 22.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ASUR Return | 10% | 19% | 2% | -1% | 0% | -21% | 5% |
| Peers Return | 23% | -19% | 5% | 13% | -18% | -25% | -28% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| ASUR Win Rate | 50% | 42% | 50% | 50% | 42% | 50% | |
| Peers Win Rate | 57% | 43% | 50% | 62% | 43% | 0% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| ASUR Max Drawdown | 0% | -36% | -27% | -27% | -18% | -27% | |
| Peers Max Drawdown | -16% | -33% | -21% | -16% | -21% | -29% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ADP, PAYX, PAYC, PCTY, WDAY.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/26/2026 (YTD)
How Low Can It Go
| Event | ASUR | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -59.4% | -25.4% |
| % Gain to Breakeven | 146.4% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -44.2% | -33.9% |
| % Gain to Breakeven | 79.1% | 51.3% |
| Time to Breakeven | 305 days | 148 days |
| 2018 Correction | ||
| % Loss | -77.0% | -19.8% |
| % Gain to Breakeven | 334.2% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -93.5% | -56.8% |
| % Gain to Breakeven | 1441.7% | 131.3% |
| Time to Breakeven | 2,887 days | 1,480 days |
Compare to ADP, PAYX, PAYC, PCTY, WDAY
In The Past
Asure Software's stock fell -59.4% during the 2022 Inflation Shock from a high on 4/18/2023. A -59.4% loss requires a 146.4% gain to breakeven.
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About Asure Software (ASUR)
Asure Software, Inc. provides cloud-based human capital management solutions the United States. It helps various small and mid-sized businesses to build productive teams to help them stay compliant and allocate resources to grow their business. The company's solutions include Asure Payroll & Tax, an integrated cloud-based solution automates regulations associated with payroll and taxes, including wages, benefits, overtime, garnishments, tips, direct deposits, and fair labor standard act, as well as federal, state, and local payroll taxes; Asure (human resource) HR, a cloud-based functionality that handles HR complexities, such as employee self-service that enable employees to access information, pay history, and company documents; and Asure Time & Attendance that provides cost savings and return on investment gains come in the form of strategic use of labor dollars and the elimination of time theft. It also provides HR services that offers services comprising on-demand HR resource library, phone and email support for any HR issues, and compliance and policy updates; support for strategic HR decision making; and HR outsourcing solution, as well as data integration with related third-party systems, such as 401(k), benefits, and insurance provider systems. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas.
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Here are 1-2 brief analogies for Asure Software (ASUR):
- Asure Software is like Gusto for small and mid-sized businesses, providing cloud-based HR and payroll software.
- Asure Software is like a cloud-native version of Paychex or ADP, serving small and mid-sized businesses.
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- Payroll & Tax Management: Provides automated payroll processing, tax filing, and compliance services to ensure accurate and timely compensation.
- Human Resources Management (HR): Offers tools and services for employee management, onboarding, performance tracking, and compliance support.
- Time & Attendance Tracking: Delivers solutions for accurately recording employee work hours, managing schedules, and tracking time off.
- Benefits Administration: Facilitates the management and enrollment of employee benefits programs, including health insurance and retirement plans.
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Major Customers of Asure Software (ASUR)
Asure Software (ASUR) primarily sells its cloud-based Human Capital Management (HCM) software and services to other companies, operating on a Business-to-Business (B2B) model.
Asure Software focuses on serving a broad base of organizations rather than a few major identifiable customers. Their target market consists primarily of:
- Small and Mid-sized Businesses (SMBs): This is Asure's core customer demographic, typically businesses with employee counts ranging from 1 to 5,000.
- Mid-market companies: Organizations that have grown beyond small business status but may not be considered large enterprises.
Due to the nature of their business model and their broad customer base, Asure Software does not have a concentration of revenue from a few major identifiable customers. According to their annual reports (e.g., 2023 10-K), no single customer accounted for more than 10% of their total revenue in recent fiscal years. Therefore, specific names of major customer companies, particularly public ones, cannot be listed.
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Amazon.com, Inc. (Symbol: AMZN)
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Pat Goepel, Chairman and CEO
Pat Goepel founded Asure Software in 2007. Prior to Asure, he held executive roles at other publicly traded human capital management (HCM) companies. He served as President of the Employer Services Division of CSC (now Infor). Goepel was also President and CEO of Workgroup Technology, and before that, President and CEO of Fidelity Investment's HR Services company, where he oversaw its growth and subsequent sale to a private equity firm. He also founded and sold two HCM companies before joining Fidelity.
John Journey, Chief Financial Officer
John Journey was appointed CFO in February 2022. He brings 20 years of experience in corporate finance, financial planning, and capital markets leadership. Before joining Asure, he was the CFO of Omnigo Software. Journey also previously served as Corporate Treasurer at Mitratech Holdings, Inc., which is a private equity-backed enterprise software company.
Reuben Slone, Chief Operating Officer
Reuben Slone joined Asure Software in January 2023. Previously, he served as Senior Vice President of Supply Chain at Walgreens Boots Alliance. His background also includes leadership positions at OfficeMax, Whirlpool, and General Motors.
Todd Greene, Chief Technology Officer
Todd Greene was appointed CTO in December 2023. He possesses extensive experience in technology leadership within the software and cloud computing sectors. Before Asure, he held the CTO position at Khoros, a Vista Equity Partners portfolio company.
Josh Kaler, Chief Revenue Officer
Josh Kaler joined Asure Software in October 2023. He has over 20 years of experience in sales leadership roles within the human capital management industry. Prior to Asure, he served as CRO at PayrollVault and held leadership positions at ADP and Paychex.
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Key Risks to Asure Software (ASUR)
Asure Software (ASUR), a provider of cloud-based human capital management (HCM) solutions, faces several significant risks to its business, primarily related to its growth strategy, market competition, and the critical need for data security. 1. Profitability and Execution of Growth Strategy (including Acquisitions and Debt) Asure Software has a history of operating losses and has recently reported widening GAAP net losses. The company's ambitious growth strategy heavily relies on strategic acquisitions and substantial investments in sales, marketing, and product development. There is a significant execution risk associated with successfully integrating these acquired businesses and achieving the anticipated synergies, which is crucial for converting revenue growth into sustained profitability and positive net income. Furthermore, Asure has increased its debt to finance these acquisitions, introducing financial risk and potential volatility if these strategies do not yield the expected cash flow and returns. 2. Cybersecurity Threats and Data Security Concerns Given that Asure Software handles highly sensitive employee data, including social security numbers, bank account details, and health information, it is perpetually exposed to cybersecurity threats. As a cloud-based service provider, the company faces risks such as data breaches, phishing attacks, and the continuous need to identify and mitigate security vulnerabilities. Any failure to adequately protect this confidential data could lead to severe consequences, including significant legal liabilities, damage to its reputation, and substantial financial losses. 3. Intense Competition in the HCM Market The Human Capital Management (HCM) market is characterized by intense competition, with numerous established players like ADP, Paychex, UKG, Paylocity, and new entrants vying for market share. Asure aims to attract clients by offering more affordable and streamlined solutions compared to its larger competitors. This competitive landscape creates ongoing pressure on pricing, customer acquisition costs, and client retention rates, which could adversely affect Asure's operating results if it cannot effectively differentiate and retain its customer base.AI Analysis | Feedback
The emergence of integrated "workforce operating system" platforms, exemplified by companies such as Rippling and Gusto, represents a clear emerging threat. These platforms consolidate multiple business functions—including HR, payroll, benefits, IT, and sometimes finance—into a single, unified solution. This approach directly competes with Asure Software's more specialized Human Capital Management (HCM) offerings by providing small to mid-sized businesses with a more comprehensive, streamlined, and potentially cost-effective alternative to managing multiple vendors and fragmented systems for their operational needs.
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The addressable market for Asure Software's main products, which include payroll and HR services, is estimated to be $121.7 billion in 2023 in the U.S..AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for Asure Software (ASUR) over the next 2-3 years:
- New Client Acquisition within the Small and Mid-Sized Business (SMB) Market: Asure Software's core strategy involves expanding its customer base, particularly by attracting new SMB clients to its cloud-based human capital management (HCM) platform. This ongoing focus on market penetration within the SMB segment is a primary driver of top-line growth.
- Increased Wallet Share and Cross-Selling to Existing Customers: A significant growth lever for Asure is the ability to expand its relationship with current clients by cross-selling additional services, such as advanced HR features, time and attendance, or compliance solutions, and upselling them to more comprehensive packages. This strategy aims to increase the average revenue per user (ARPU) and customer lifetime value.
- Strategic Acquisitions: Asure has historically utilized strategic acquisitions to expand its market presence, acquire new technologies, and grow its customer base. Continued opportunistic acquisitions of complementary businesses or customer portfolios are expected to contribute to future revenue growth.
- Product Innovation and Platform Enhancements: Ongoing investment in research and development to enhance its HCM platform with new features, improved user experience, and expanded functionalities is crucial. These innovations attract new customers and provide compelling reasons for existing customers to deepen their engagement and adopt more of Asure's offerings.
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Share Repurchases
- On March 10, 2020, Asure Software's Board of Directors authorized a new stock repurchase plan for up to $5,000 (assumed to be $5 million), supplementing an existing plan with approximately 364,446 shares available for repurchase.
- This equity buyback program, announced on March 12, 2020, expired on September 30, 2025.
- Effective January 1, 2024, the aggregate Treasury stock from prior repurchases of the company's common stock was retired and subsequently reissued.
Share Issuance
- On August 21, 2023, Asure Software completed an underwritten public offering, selling 3,333,333 newly issued shares of common stock at $12.00 per share, resulting in gross proceeds of approximately $40 million. The net proceeds were intended for general corporate purposes, including potential acquisitions or debt repayment.
- As of June 2, 2025, stockholders approved an amendment to the Asure Software, Inc. 2018 Incentive Award Plan, increasing the number of common shares available for issuance under the plan by 2,250,000.
- The number of outstanding common shares increased from 25,530,082 as of February 23, 2024, to 26,979,485 as of March 5, 2025, and further to 27,425,009 as of July 30, 2025, indicating a net increase in shares outstanding.
Outbound Investments
- On July 1, 2025, Asure Software acquired Lathem Time Corporation, a provider of employee time and attendance solutions, for a purchase price of $39.5 million.
- This acquisition is expected to expand Asure's client base by approximately 14,000 new clients and enhance cross-selling opportunities for its payroll, tax, HR compliance, benefits, and 401(k) products.
- The Lathem Time acquisition contributed to an increase in Asure's debt, with $37.5 million in new borrowing.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Asure Software Earnings Notes | 12/16/2025 | |
| Would You Still Hold Asure Software Stock If It Fell 30%? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to ASUR.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 01302026 | PAYC | Paycom Software | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -8.0% | -8.0% | -15.1% |
| 01302026 | ROP | Roper Technologies | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -7.3% | -7.3% | -15.0% |
| 01302026 | TDC | Teradata | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 6.6% | 6.6% | -8.7% |
| 01302026 | CVLT | CommVault Systems | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 1.0% | 1.0% | -5.1% |
| 01302026 | NTNX | Nutanix | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -2.3% | -2.3% | -6.3% |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 121.20 |
| Mkt Cap | 20.6 |
| Rev LTM | 4,018 |
| Op Inc LTM | 713 |
| FCF LTM | 1,196 |
| FCF 3Y Avg | 1,066 |
| CFO LTM | 1,433 |
| CFO 3Y Avg | 1,263 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 12.2% |
| Rev Chg 3Y Avg | 15.9% |
| Rev Chg Q | 11.5% |
| QoQ Delta Rev Chg LTM | 2.7% |
| Op Mgn LTM | 23.2% |
| Op Mgn 3Y Avg | 22.3% |
| QoQ Delta Op Mgn LTM | 0.4% |
| CFO/Rev LTM | 29.2% |
| CFO/Rev 3Y Avg | 27.7% |
| FCF/Rev LTM | 21.7% |
| FCF/Rev 3Y Avg | 20.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 20.6 |
| P/S | 3.8 |
| P/EBIT | 14.7 |
| P/E | 21.0 |
| P/CFO | 13.1 |
| Total Yield | 5.7% |
| Dividend Yield | 0.6% |
| FCF Yield 3Y Avg | 3.4% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -17.1% |
| 3M Rtn | -16.8% |
| 6M Rtn | -33.9% |
| 12M Rtn | -37.5% |
| 3Y Rtn | -27.9% |
| 1M Excs Rtn | -16.1% |
| 3M Excs Rtn | -18.9% |
| 6M Excs Rtn | -40.2% |
| 12M Excs Rtn | -53.8% |
| 3Y Excs Rtn | -100.1% |
Price Behavior
Price Behavior
| Market Price | $7.76 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 04/07/1992 | |
| Distance from 52W High | -31.1% | |
| 50 Days | 200 Days | |
| DMA Price | $8.92 | $8.88 |
| DMA Trend | down | up |
| Distance from DMA | -13.0% | -12.6% |
| 3M | 1YR | |
| Volatility | 53.0% | 46.6% |
| Downside Capture | 188.24 | 169.56 |
| Upside Capture | 149.47 | 105.61 |
| Correlation (SPY) | 39.7% | 41.4% |
ASUR Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.96 | 1.73 | 1.51 | 1.18 | 0.95 | 0.91 |
| Up Beta | 3.90 | 1.59 | 0.97 | 0.68 | 0.62 | 0.56 |
| Down Beta | 4.09 | 3.15 | 2.77 | 1.83 | 1.05 | 1.01 |
| Up Capture | 178% | 197% | 132% | 107% | 102% | 86% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 11 | 24 | 32 | 61 | 110 | 369 |
| Down Capture | 184% | -18% | 88% | 98% | 124% | 105% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 8 | 15 | 27 | 59 | 133 | 368 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ASUR | |
|---|---|---|---|---|
| ASUR | -32.5% | 46.7% | -0.70 | - |
| Sector ETF (XLK) | 24.1% | 27.5% | 0.77 | 37.4% |
| Equity (SPY) | 17.1% | 19.4% | 0.69 | 41.0% |
| Gold (GLD) | 79.3% | 25.7% | 2.25 | -1.3% |
| Commodities (DBC) | 10.9% | 16.8% | 0.45 | 13.9% |
| Real Estate (VNQ) | 6.6% | 16.6% | 0.21 | 31.4% |
| Bitcoin (BTCUSD) | -23.4% | 45.1% | -0.46 | 20.1% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ASUR | |
|---|---|---|---|---|
| ASUR | -1.7% | 47.2% | 0.13 | - |
| Sector ETF (XLK) | 16.6% | 24.8% | 0.60 | 23.1% |
| Equity (SPY) | 13.6% | 17.0% | 0.63 | 25.6% |
| Gold (GLD) | 23.6% | 17.2% | 1.12 | 3.0% |
| Commodities (DBC) | 10.8% | 19.0% | 0.45 | 5.2% |
| Real Estate (VNQ) | 5.3% | 18.8% | 0.19 | 19.2% |
| Bitcoin (BTCUSD) | 4.0% | 57.0% | 0.29 | 14.1% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ASUR | |
|---|---|---|---|---|
| ASUR | 3.7% | 53.2% | 0.29 | - |
| Sector ETF (XLK) | 22.7% | 24.2% | 0.86 | 30.4% |
| Equity (SPY) | 15.5% | 17.9% | 0.74 | 31.4% |
| Gold (GLD) | 15.1% | 15.6% | 0.81 | 2.6% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 11.7% |
| Real Estate (VNQ) | 6.6% | 20.7% | 0.28 | 23.2% |
| Bitcoin (BTCUSD) | 66.3% | 66.8% | 1.06 | 12.4% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/30/2025 | 9.0% | 0.5% | -0.7% |
| 7/31/2025 | -13.7% | -14.8% | -13.4% |
| 3/6/2025 | 12.9% | -5.5% | -6.7% |
| 10/31/2024 | -14.2% | -7.7% | -2.3% |
| 8/1/2024 | -9.9% | -17.8% | -14.0% |
| 5/2/2024 | -11.6% | -5.2% | -4.3% |
| 11/13/2023 | -20.2% | -9.5% | -8.2% |
| 8/7/2023 | 10.9% | 3.7% | -11.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 7 | 6 | 5 |
| # Negative | 12 | 13 | 14 |
| Median Positive | 10.9% | 3.1% | 16.2% |
| Median Negative | -9.2% | -7.7% | -8.2% |
| Max Positive | 23.0% | 26.6% | 26.6% |
| Max Negative | -20.2% | -17.8% | -14.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 03/06/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/26/2024 | 10-K |
| 09/30/2023 | 11/13/2023 | 10-Q |
| 06/30/2023 | 08/07/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 02/27/2023 | 10-K |
| 09/30/2022 | 11/07/2022 | 10-Q |
| 06/30/2022 | 08/08/2022 | 10-Q |
| 03/31/2022 | 05/09/2022 | 10-Q |
| 12/31/2021 | 03/14/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Goepel, Patrick | Chairman & CEO | Direct | Buy | 8062025 | 8.16 | 5,250 | 42,840 | 10,670,196 | Form |
| 2 | Drew, William Carl | Direct | Buy | 8062025 | 8.30 | 25,000 | 207,500 | 856,270 | Form | |
| 3 | Reynolds, Bjorn | Direct | Sell | 5292025 | 9.51 | 831 | 7,903 | 289,522 | Form | |
| 4 | Allen, Ben F | Direct | Sell | 5092025 | 10.00 | 10,000 | 100,000 | 476,450 | Form | |
| 5 | Lee, Grace G | Direct | Sell | 3192025 | 9.51 | 7,500 | 71,325 | 306,365 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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