BILL (NYSE:BILL) Posts Quarterly Earnings Results, Beats Estimates By $0.10 EPS

BILL (NYSE:BILL) posted its quarterly earnings results on Thursday. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.10, Briefing.com reports. The business had revenue of $395.74 million for the quarter, compared to analysts’ expectations of $390.91 million. BILL had a return on equity of 1.39% and a net margin of 0.79%.The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.63 earnings per share. BILL updated its FY 2026 guidance to 2.110-2.250 EPS and its Q2 2026 guidance to 0.540-0.570 EPS.

BILL Stock Up 2.7%

Shares of NYSE BILL traded up $1.18 during midday trading on Friday, reaching $45.55. The company’s stock had a trading volume of 4,955,623 shares, compared to its average volume of 2,463,874. The stock has a 50 day simple moving average of $50.77 and a 200-day simple moving average of $46.68. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of -168.70, a PEG ratio of 11.65 and a beta of 1.43. BILL has a fifty-two week low of $36.55 and a fifty-two week high of $100.19.

BILL declared that its Board of Directors has authorized a stock repurchase program on Wednesday, August 27th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the company to purchase up to 7.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

A number of research firms have issued reports on BILL. Zacks Research upgraded shares of BILL from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Mizuho dropped their price target on shares of BILL from $50.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, August 28th. The Goldman Sachs Group increased their price objective on shares of BILL from $54.00 to $62.00 and gave the company a “buy” rating in a report on Monday, October 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $75.00 target price on shares of BILL in a report on Friday. Finally, William Blair reiterated a “market perform” rating on shares of BILL in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $58.90.

Institutional Investors Weigh In On BILL

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BILL. Tower Research Capital LLC TRC boosted its stake in shares of BILL by 43.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,469 shares of the company’s stock worth $160,000 after buying an additional 1,052 shares during the last quarter. Sender Co & Partners Inc. bought a new stake in BILL during the second quarter worth about $241,000. Shay Capital LLC raised its holdings in BILL by 14.5% during the second quarter. Shay Capital LLC now owns 7,100 shares of the company’s stock worth $328,000 after acquiring an additional 900 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in BILL during the third quarter valued at approximately $354,000. Finally, Empowered Funds LLC grew its stake in BILL by 50.3% in the first quarter. Empowered Funds LLC now owns 8,002 shares of the company’s stock valued at $367,000 after purchasing an additional 2,678 shares in the last quarter. 97.99% of the stock is currently owned by institutional investors and hedge funds.

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.