Forecasting The Future: 5 Analyst Projections For Asure Software
Portfolio Pulse from Benzinga Insights
Asure Software (NASDAQ:ASUR) has received mixed analyst ratings over the past three months, with 3 bullish, 1 somewhat bullish, and 1 indifferent. The average 12-month price target is $15.4, a slight increase from the previous $15.00. Analysts from Needham, Stifel, Lake Street, and Barrington Research have provided ratings and price targets, with Needham maintaining a 'Buy' rating with a $20.00 target. Asure Software provides cloud-based HCM solutions and has shown a 33.93% revenue growth rate over 3 months but has a net margin of -7.52% and ROE of -1.3%, indicating profitability challenges.

January 19, 2024 | 2:00 pm
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Asure Software has mixed analyst ratings with a slight increase in the average price target to $15.4. The company shows strong revenue growth but faces profitability challenges.
The mixed analyst ratings and the slight increase in the average price target suggest a neutral short-term impact on ASUR's stock price. The strong revenue growth is positive, but concerns about profitability and below-average net margin and ROE may temper investor enthusiasm.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100