Asure Software, listed under the ticker ASUR, has introduced a groundbreaking payroll tax filing service aimed at assisting large Canadian companies and multinational enterprises with operations in Canada. This new solution enhances Asure's capacity to cater to international workforces, enabling seamless integration with leading business platforms like Workday, Oracle, and SAP.
The product innovation features Luna, Asure's proprietary AI-powered virtual agent, setting a new precedent as the first service of this kind available in the Canadian market. By adopting this advanced technology, Asure Software aims to streamline complex tax processes for its enterprise clients, boosting efficiency and accuracy in payroll tax management.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Asure Software Inc (ASUR, Financial) is $14.33 with a high estimate of $20.00 and a low estimate of $11.00. The average target implies an upside of 53.13% from the current price of $9.36. More detailed estimate data can be found on the Asure Software Inc (ASUR) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Asure Software Inc's (ASUR, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Asure Software Inc (ASUR, Financial) in one year is $9.22, suggesting a downside of 1.5% from the current price of $9.36. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Asure Software Inc (ASUR) Summary page.
