BILL (NYSE:BILL) Cut to “Hold” at Zacks Research

BILL (NYSE:BILL) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the stock. BMO Capital Markets cut their price target on shares of BILL from $50.00 to $46.00 and set a “market perform” rating on the stock in a research report on Friday, February 6th. Evercore set a $42.00 target price on BILL in a research report on Friday, February 6th. Canaccord Genuity Group upped their target price on BILL from $75.00 to $77.00 and gave the stock a “buy” rating in a report on Tuesday. Robert W. Baird set a $50.00 price target on BILL in a research report on Friday, February 6th. Finally, Susquehanna lowered their price target on BILL from $89.00 to $84.00 and set a “positive” rating on the stock in a research report on Friday, November 7th. Thirteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $56.30.

BILL Price Performance

Shares of NYSE BILL opened at $47.14 on Tuesday. The company has a fifty day moving average price of $50.66 and a 200 day moving average price of $49.06. The firm has a market cap of $4.66 billion, a PE ratio of -196.40, a PEG ratio of 6.20 and a beta of 1.30. The company has a current ratio of 1.65, a quick ratio of 1.67 and a debt-to-equity ratio of 0.48. BILL has a 1-year low of $35.46 and a 1-year high of $61.75.

BILL (NYSE:BILL) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.08. The company had revenue of $414.67 million for the quarter, compared to analyst estimates of $399.71 million. BILL had a positive return on equity of 1.70% and a negative net margin of 1.56%.The company’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.56 earnings per share. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. Research analysts predict that BILL will post 0.12 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other BILL news, SVP Germaine Cota sold 1,104 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $51.23, for a total transaction of $56,557.92. Following the completion of the sale, the senior vice president owned 10,812 shares of the company’s stock, valued at $553,898.76. This trade represents a 9.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 13.20% of the company’s stock.

Institutional Trading of BILL

A number of hedge funds have recently modified their holdings of BILL. Y Intercept Hong Kong Ltd lifted its stake in BILL by 82.9% in the third quarter. Y Intercept Hong Kong Ltd now owns 90,683 shares of the company’s stock valued at $4,803,000 after buying an additional 41,103 shares during the period. Oak Thistle LLC acquired a new stake in shares of BILL during the 3rd quarter worth approximately $2,737,000. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of BILL by 647.5% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 65,320 shares of the company’s stock valued at $3,460,000 after acquiring an additional 56,582 shares in the last quarter. ING Groep NV acquired a new position in shares of BILL during the 3rd quarter valued at $26,485,000. Finally, Texas Permanent School Fund Corp lifted its position in shares of BILL by 43.2% during the 2nd quarter. Texas Permanent School Fund Corp now owns 60,448 shares of the company’s stock valued at $2,796,000 after acquiring an additional 18,232 shares during the period. Institutional investors and hedge funds 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. It also offers onboarding implementation support, and ongoing support and training services.