BILL (NYSE:BILL – Get Free Report)‘s stock had its “sell (d+)” rating reaffirmed by investment analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.
BILL has been the topic of several other research reports. Canaccord Genuity Group reiterated a “buy” rating and set a $75.00 price objective on shares of BILL in a research note on Thursday, August 28th. Deutsche Bank Aktiengesellschaft started coverage on shares of BILL in a research note on Thursday, July 17th. They set a “hold” rating and a $49.00 price objective on the stock. Morgan Stanley lowered shares of BILL from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $60.00 to $55.00 in a research note on Wednesday, June 11th. Piper Sandler lowered shares of BILL from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $70.00 to $50.00 in a research note on Thursday, August 28th. Finally, Evercore ISI dropped their price objective on shares of BILL from $50.00 to $48.00 and set an “in-line” rating on the stock in a research note on Thursday, August 28th. Eleven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $59.65.
BILL Stock Performance
BILL (NYSE:BILL – Get Free Report) last issued its earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.12. The business had revenue of $383.35 million for the quarter, compared to analyst estimates of $376.43 million. BILL had a net margin of 1.63% and a return on equity of 1.16%. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.57 EPS. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. Equities analysts forecast that BILL will post 0.12 earnings per share for the current fiscal year.
BILL declared that its board has approved a stock repurchase program on Wednesday, August 27th that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the company to reacquire up to 7.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of BILL. Fifth Third Bancorp grew its position in BILL by 134.1% in the 1st quarter. Fifth Third Bancorp now owns 749 shares of the company’s stock worth $34,000 after purchasing an additional 429 shares during the last quarter. Quarry LP grew its position in BILL by 85.9% in the 1st quarter. Quarry LP now owns 766 shares of the company’s stock worth $35,000 after purchasing an additional 354 shares during the last quarter. Brooklyn Investment Group grew its position in BILL by 73.6% in the 1st quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock worth $41,000 after purchasing an additional 377 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of BILL by 2,189.1% in the first quarter. Farther Finance Advisors LLC now owns 1,053 shares of the company’s stock valued at $48,000 after acquiring an additional 1,007 shares in the last quarter. Finally, UMB Bank n.a. boosted its holdings in shares of BILL by 283.3% in the second quarter. UMB Bank n.a. now owns 1,215 shares of the company’s stock valued at $56,000 after acquiring an additional 898 shares in the last quarter. Institutional investors own 97.99% of the company’s stock.
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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