Accountancy

Run-of-the-mill accounting software company Reckon may be set for a re-rating, brokers believe

Announced lay-offs are a step toward reducing Xero’s operating expense in order to shift from investing in scale to making money

Michael Gable of Fairmont Equities believes the recent pullback suggests Xero is a stock worth keeping an eye on

Amidst weak market sentiment, Xero reported earnings last week and the market response was poor and while brokers acknowledge the reasoning, the longer term theme remains attractive to most

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Will Xero’s stellar growth in accounting software start to wane? Beyond FY22, brokers appear to be lining up on opposing sides

Xero is at a fork in the road, needing to reinvest to stay ahead of a competitive software market while also managing investor expectations

Xero was reluctant to provide guidance for FY21 in its results briefing, which has amplified concerns regarding new customer growth in the wake of the pandemic.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Accounting software is core to a business and Xero is considered a defensive stock in a difficult environment.

Michael Gable of Fairmont Equities notes rallies in the share price of accounting software company Xero tend to beget further buying.

Accounting software provider Xero passed several milestones in its FY19 results and brokers assess the substantial opportunities that lie ahead.