Shares of BILL Holdings, Inc. (NYSE:BILL – Get Free Report) have earned an average recommendation of “Hold” from the twenty-one analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $70.24.
BILL has been the subject of a number of recent analyst reports. Evercore ISI dropped their price objective on BILL from $70.00 to $60.00 and set an “in-line” rating for the company in a report on Friday, August 23rd. Needham & Company LLC restated a “buy” rating and issued a $100.00 price target on shares of BILL in a report on Friday, August 23rd. Oppenheimer reduced their price target on shares of BILL from $95.00 to $70.00 and set an “outperform” rating on the stock in a research note on Monday, July 22nd. Robert W. Baird lowered their price objective on shares of BILL from $68.00 to $60.00 and set a “neutral” rating for the company in a research report on Friday, August 23rd. Finally, BNP Paribas raised shares of BILL from a “neutral” rating to an “outperform” rating and set a $90.00 target price on the stock in a research report on Thursday, September 12th.
Check Out Our Latest Analysis on BILL
Insider Activity
Institutional Trading of BILL
Large investors have recently added to or reduced their stakes in the company. Quest Partners LLC acquired a new position in BILL in the 4th quarter worth approximately $35,000. Advisors Asset Management Inc. increased its stake in shares of BILL by 75.0% in the first quarter. Advisors Asset Management Inc. now owns 658 shares of the company’s stock worth $45,000 after acquiring an additional 282 shares during the period. Versant Capital Management Inc purchased a new position in shares of BILL during the second quarter worth $46,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of BILL by 57.2% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 811 shares of the company’s stock worth $56,000 after purchasing an additional 295 shares during the last quarter. Finally, Garner Asset Management Corp acquired a new position in BILL during the fourth quarter valued at $90,000. Hedge funds and other institutional investors own 97.99% of the company’s stock.
BILL Stock Up 0.4 %
Shares of BILL opened at $53.18 on Thursday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average of $51.16 and a 200 day moving average of $55.15. The company has a market cap of $5.64 billion, a PE ratio of -67.32 and a beta of 1.61. BILL has a 52-week low of $43.11 and a 52-week high of $118.69.
BILL (NYSE:BILL – Get Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.11. BILL had a negative net margin of 2.24% and a positive return on equity of 1.13%. The firm had revenue of $343.67 million during the quarter, compared to analysts’ expectations of $328.27 million. During the same period in the previous year, the company earned $0.10 EPS. The firm’s revenue for the quarter was up 16.1% compared to the same quarter last year. On average, sell-side analysts expect that BILL will post -0.58 EPS for the current year.
About BILL
BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency.
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