Tag: ASX:XRO

Xero is under Algo Engine buy conditions and is a current holding in our ASX 100 model.

The high EBITDA margins reported in the 1H appear to be a one-off due to lower constrained operating costs during COVID. The sell-off in XRO share price following the FY21 result is reflective of the market recalibrating the growth rate.

A normalization of operating margins will likely be more in the 16 – 18% range rather than the near 30% reported in the first half results.

We continue to see solid revenue growth and are comfortable buying XRO on or near our support range.

Xero is under Algo Engine buy conditions and is a current holding in our ASX 100 model.

Xero is under Algo Engine buy conditions and is a current holding in our ASX 100 model.

XRO has announced the proposed acquisition of EU Workforce management platform, Planday. The transaction provides a meaningful step for XRO in accounting expansion in Scandinavia and Continental Europe.

Xero is under Algo Engine buy conditions and is a current holding in our ASX 100 model.

XRO has announced the proposed acquisition of EU Workforce management platform, Planday. The transaction provides a meaningful step for XRO in accounting expansion in Scandinavia and Continental Europe.

Xero is under Algo Engine buy conditions and is a current holding in our ASX 100 model.

Xero is under Algo Engine buy conditions and is a current holding in our ASX 100 model.

Xero is under Algo Engine buy conditions and is a current holding in our ASX 100 model.

We add Xero to our watch list and look for support to develop within the $62 – $68 price range.

Accumulate for long term growth.