21.92BMarket Cap137.24P/E (Static)
144.490High140.930Low258.42KVolume143.520Open143.230Pre Close36.95MTurnover145.03052wk High0.18%Turnover Ratio152.68MShares96.58052wk Low1.046EPS TTM20.15BFloat Cap157.990Historical High137.24P/E (Static)140.37MShs Float4.400Historical Low1.046EPS LYR2.49%Amplitude--Dividend TTM17.15P/B1Lot Size--Div YieldTTM
Xero Ltd Stock Forum
1 day old news, but interesting read.
🔎 "We have increased conviction in our OVERWEIGHT thesis. An attractive structural growth story with improved profitability & FCF"
🔎 "Sustained ARPU growth + low churn + lower marketing will create shareholder value"
Australian Businesses Report Rising Cost Pressures Despite Lifeless Economy
The results of the latest monthly survey of firms by the National Australia Bank paint the worst of worlds for the Reserve Bank of Australia, which may need to raise interest rates further before it can claim victory over inflation.
Business confidence fell 4 index points to minus 3 index points in May from ...
• Top losers: $IDP Education Ltd (IEL.AU)$, $Megaport Ltd (MP1.AU)$, $Seek Ltd (SEK.AU)$
Market Performance
The $S&P/ASX 200 (.XJO.AU)$ closed 0.7% higher at 7,821.8 on Thursday, driven by broad-based gains across the index. The benchmark remained in positive territory throughout the day, following Canada's central bank's dec...
• Nasdaq, S&P set records
• ASX rises; IDP plunges more than 11%
• Stocks to watch: IDP Education, SkyCity, Magellan Financial
Wall Street Summary
Most sectors gained as signs of weakening labor market fueled hopes that the US Federal Reserve could start cutting interest rates in the next few months. Advancers totaled 8,769 stocks, while decliners reached 4,596.
The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ rose almo...
• Top losers: $Nufarm Ltd (NUF.AU)$, $Bellevue Gold Ltd (BGL.AU)$, $Sandfire Resources Ltd (SFR.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.5% lower at 7811.8, losing its chance at a record high amid weakness in shares of large-cap miners and banks. The ASX 200 is now 1.1% off the record high it set in March....
• Wall Street fell after Fed minutes
• ASX falls; BHP drops over 3% after third bid rejected
• Stocks to watch: Origin Energy, Xero, Nufarm
Wall Street Summary
U.S. stocks ended lower on Wednesday as the latest Fed minutes suggested 'no-rush' to rate cuts this year, while $NVIDIA (NVDA.US)$ gave a bullish sales forecast after the market closed.
The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ fell 0.18...
• Top losers: $Dicker Data Ltd (DDR.AU)$, $Cettire Ltd (CTT.AU)$, $Xero Ltd (XRO.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.85% lower at 7814.4, but still completed its longest streak of weekly gains this year. The benchmark index fell through the session following a soft lead from U.S. ...
• Wall Street drop
• KAR, tech stocks fall
• Stocks to watch: Karoon Energy, WiseTech, Xero
Wall Street Summary
Indexes closed a little higher but trended downward for the fifth session in a row. U.S. Treasury yields climbed for a second day, finishing at nearly at 5%.
The $S&P 500 Index traded -0.22%. The $Dow Jones Industrial Average climbed a...
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