Over the past three months, seven analysts have shared their views on Asure Software (NASDAQ:ASUR), expressing opinions ranging from bullish to bearish.
The following table summarizes recent ratings and gives a glimpse into how sentiment has changed over the past 30 days and compares it to the previous month.
| strong | Somewhat bullish | Indifference | Somewhat pessimistic | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 3 | 1 | 0 | 0 |
| Last 30 days | 0 | 1 | 0 | 0 | 0 |
| 1 million yen ago | 0 | 0 | 0 | 0 | 0 |
| 2 million years ago | 3 | 2 | 1 | 0 | 0 |
| 3 million years ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently rated Asure Software and provided 12-month price targets. The average target price is $15.64, with a high estimate of $20.00 and a low estimate of $8.50. This current average price is down 1.39% from the previous average target price of $15.86.
Deciphering analyst ratings: A detailed analysis
Financial experts’ perception of Asure Software is analyzed through recent analyst action. The following summary shows the key analysts, their recent valuations, and adjustments to their ratings and price targets.
| Analyst | Analyst Firms | Actions taken | evaluation | Current Price Target | Previous Price Target |
|---|---|---|---|---|---|
| Vincent Colicchio | Barrington Research | maintain | Excellent | $17.00 | $17.00 |
| Joshua Riley | Needham | maintain | buy | $20.00 | $20.00 |
| Brian Bergin | T.D. Cowen | Lower | buy | $10.00 | $12.00 |
| Joshua Riley | Needham | maintain | buy | $20.00 | $20.00 |
| Eric Martinuzzi | Lake Street | Salary increase | Ownership | $8.50 | $8.00 |
| Vincent Colicchio | Barrington Research | maintain | Excellent | $17.00 | $17.00 |
| Vincent Colicchio | Barrington Research | maintain | Excellent | $17.00 | $17.00 |
Key insights:
- Actions taken: Analysts update their recommendations depending on the changing market trends and company performance. Whether an analyst’s stance is “hold”, “upgrade” or “downgrade”, it indicates the analyst’s reaction to the recent developments related to Asure Software. This will give you an idea of what the analyst’s view is on the current state of the company.
- evaluation: Analysts unravel qualitative ratings for the stock, ranging from ‘outperform’ to ‘underperform.’ These ratings provide insight into expectations for Asure Software’s relative performance compared to the market as a whole.
- Price target: Analysts make sense of forecasts and estimate the future value of Asure Software. Looking at current and past targets gives insight into analysts’ changing expectations.
To get a complete picture of Asure Software’s market performance, examine these analysts’ ratings along with key financial metrics. Use our rating table to stay informed and make an intelligent decision.
Stay up to date with analyst ratings for Asure Software.
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Revealing the inside story of Asure Software
Asure Software Inc is a provider of cloud-based human capital management (HCM) solutions delivered as Software-as-a-Service (SaaS). It helps small and medium-sized businesses (SMBs) take their talent to the next level, stay compliant, and allocate time, money, and technology for growth. The company’s HCM suite, AsureHCM, includes cloud-based payroll and tax, HR, and time and attendance software. The company’s HR services range from HR projects to payroll outsourcing and HR consulting services. The company sells its HCM products primarily in the United States.
A closer look at Asure Software’s financials
Market Cap Analysis: The company’s market capitalization is low and below the industry average, which indicates its small size relative to its peers.
Negative trends in revenue: A look at Asure Software’s three-month financial performance reveals some challenges. As of March 31, 2024, the company has approximately -4.27% Sales growth slowed, reflecting a decline in top-line profits. Compared to its peers, the company is lagging behind its industrial sector peers with a lower growth rate than the average.
Net profit margin: Asure Software’s net profit margins are below the industry average, indicating potential challenges in maintaining strong profitability. -0.97%, Companies may face obstacles in effectively managing costs.
Return on Equity (ROE): The company’s ROE is below the industry benchmark, suggesting it may be difficult to use its equity capital efficiently. -0.16%, The company may need to address some challenges to deliver satisfactory returns to shareholders.
Return on assets (ROA): Asure Software’s ROA is below the industry average, indicating that it is difficult to maximize the return on its assets. -0.07%, The company may face obstacles in achieving optimal financial performance.
Debt Management: Below average debt-to-equity ratio 0.06Asure Software employs a prudent financial strategy and demonstrates a balanced approach to debt management.
The basis of analyst ratings
The ratings are made by analysts who report on a particular stock or a particular sector, or by experts within the banking and financial system (usually once a quarter for each stock). Analysts usually make their decisions based on information from company conference calls and meetings, financial statements, and conversations with key insiders.
Analysts often add forecasts for growth projections, profits, revenue and other metrics to their ratings to provide investors with a more comprehensive outlook, but investors should keep in mind that analysts, like any other human being, may also bring subjective views that influence their forecasts.
This article was generated by Benzinga’s automated content engine and has been reviewed by an editor.
