ASX:XROSoftware
Assessing Xero (ASX:XRO) Valuation As Melio Briefing Puts Growth Assumptions Under The Microscope
Investor interest in Xero (ASX:XRO) is centering on today’s February 3 briefing about Melio, the U.S. small business bill-pay platform it acquired, as the market weighs how this fits into Xero’s broader growth plans.
See our latest analysis for Xero.
Despite the focus on Melio, Xero’s recent share price performance has been weak, with a 1-month share price return showing a 14.39% decline and a 1-year total shareholder return showing a 47.16% loss. This contrasts with a positive 3-year total...