(ASUR) Asure Software - Ratings and Ratios

Asure Software Inc (NASDAQ:ASUR) is a cloud-based Human Capital Management (HCM) software provider catering to small and medium-sized businesses in the United States. The companys comprehensive suite of solutions enables businesses to streamline HR processes, ensure compliance, and optimize workforce productivity. By offering a range of tools, including payroll and tax management, HR compliance, time and attendance tracking, and talent acquisition, Asure Software helps businesses allocate resources more efficiently and drive growth.

The companys solutions are designed to simplify complex HR tasks, such as payroll processing, tax filing, and compliance management, allowing businesses to focus on strategic decision-making. Asures offerings include Asure Payroll & Tax, Asure Tax Management Solutions, HR compliance and services, Time and Attendance, AsureMarketplace, and AsureRecruiting. These solutions are geared towards helping businesses reduce costs, eliminate time theft, and improve overall HR efficiency.

With a history dating back to 1985, Asure Software has established itself as a reliable provider of HCM software solutions. Headquartered in Austin, Texas, the company has a strong presence in the US market. Its cloud-based approach enables businesses to access its solutions from anywhere, at any time, making it an attractive option for companies looking to modernize their HR processes.

Analyzing the and , we can observe that Asure Softwares stock has been relatively stable, with a current price of $9.98 and a 20-day SMA of $9.65. The stocks ATR is $0.56, indicating a moderate level of volatility. The companys market capitalization is approximately $273.84M, with a forward P/E ratio of 10.57. Given the companys growth prospects and the increasing demand for cloud-based HCM solutions, we forecast that Asure Softwares stock price will reach $12.50 within the next 6-12 months, representing a potential upside of 25% from current levels. This forecast is based on the companys strong product offerings, its established presence in the US market, and the overall growth trend in the HCM software industry.

The forecast is further supported by the companys efforts to expand its product portfolio and enhance its existing solutions. As Asure Software continues to innovate and address the evolving needs of its customers, it is likely to maintain its competitive edge and drive growth. With a focus on delivering high-quality solutions and a strong commitment to customer satisfaction, Asure Software is well-positioned to capitalize on the growing demand for cloud-based HCM software, driving further growth and potentially leading to an increase in its stock price.