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Assessing Asure Software: Insights From 7 Financial Analysts
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Assessing Asure Software: Insights From 7 Financial Analysts
Jun 17, 2024 7:31 AM

Across the recent three months, 7 analysts have shared their insights on Asure Software ( ASUR ) , expressing a variety of opinions spanning from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 3 1 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 3 2 1 0 0
3M Ago 0 0 0 0 0

Analysts have recently evaluated Asure Software ( ASUR ) and provided 12-month price targets. The average target is $15.64, accompanied by a high estimate of $20.00 and a low estimate of $8.50. This current average has decreased by 1.39% from the previous average price target of $15.86.

Decoding Analyst Ratings: A Detailed Look

The perception of Asure Software ( ASUR ) by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Vincent Colicchio Barrington Research Maintains Outperform $17.00 $17.00
Joshua Reilly Needham Maintains Buy $20.00 $20.00
Bryan Bergin TD Cowen Lowers Buy $10.00 $12.00
Joshua Reilly Needham Maintains Buy $20.00 $20.00
Eric Martinuzzi Lake Street Raises Hold $8.50 $8.00
Vincent Colicchio Barrington Research Maintains Outperform $17.00 $17.00
Vincent Colicchio Barrington Research Maintains Outperform $17.00 $17.00

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 ( ASUR ). 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 ( ASUR ) compared to the broader market.

Price Targets: Understanding forecasts, analysts offer estimates for Asure Software's ( ASUR ) future value. Examining the current and prior targets provides insight into analysts' changing expectations.

To gain a panoramic view of Asure Software's ( ASUR ) market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Asure Software ( ASUR ) analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Unveiling the Story Behind Asure Software

Asure Software Inc ( ASUR ) 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 majorly in the United States.

A Deep Dive into Asure Software's Financials

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

Negative Revenue Trend: Examining Asure Software's ( ASUR ) financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -4.27% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Asure Software's ( ASUR ) net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -0.97%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -0.16%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Asure Software's ( ASUR ) ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.07%, the company may face hurdles in achieving optimal financial performance.

Debt Management: With a below-average debt-to-equity ratio of 0.06, Asure Software ( ASUR ) adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Basics of Analyst Ratings

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.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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

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