Forecasting The Future: 5 Analyst Projections For Asure Software

5 analysts have shared their evaluations of Asure Software ASUR during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $15.4, with a high estimate of $20.00 and a low estimate of $8.00. This upward trend is apparent, with the current average reflecting a 2.67% increase from the previous average price target of $15.00.

Breaking Down Analyst Ratings: A Detailed Examination

The standing of Asure Software among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Asure Software. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Asure Software compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Asure Software's stock. This examination reveals shifts in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Asure Software's market standing. Stay informed and make data-driven decisions with our Ratings Table.

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Unveiling the Story Behind Asure Software

Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) solutions delivered as Software-as-a-Service (SaaS). It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its HCM products in the United States.

Asure Software's Financial Performance

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Asure Software's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 33.93%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.

Net Margin: Asure Software's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -7.52%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Asure Software's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -1.3%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Asure Software's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.55%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Asure Software's debt-to-equity ratio is below the industry average. With a ratio of 0.05, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.