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Forecasting The Future: 8 Analyst Projections For Asure Software
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Forecasting The Future: 8 Analyst Projections For Asure Software
Jul 26, 2024 7:23 AM

Across the recent three months, 8 analysts have shared their insights on Asure Software ( ASUR ) , expressing a variety of opinions spanning from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 4 1 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 1 0 0 0
3M Ago 3 2 1 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $15.81, a high estimate of $20.00, and a low estimate of $8.50. A 1.19% drop is evident in the current average compared to the previous average price target of $16.00.

Investigating Analyst Ratings: An Elaborate Study

The standing of Asure Software ( ASUR ) among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines 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
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: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Asure Software ( ASUR ). This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Asure Software ( ASUR ) compared to the broader market.

Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Asure Software's ( ASUR ) future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Asure Software's ( ASUR ) market position. Stay informed and make well-informed decisions with 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.

Get to Know Asure Software Better

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.

Financial Milestones: Asure Software's Journey

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Asure Software's ( ASUR ) revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -4.27%. This indicates a decrease in the company's 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: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -0.97%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Asure Software's ( ASUR ) ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -0.16%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Asure Software's ( ASUR ) ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.07%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Asure Software's ( ASUR ) debt-to-equity ratio is below the industry average at 0.06, reflecting a lower dependency on debt financing and a more conservative financial approach.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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

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