BILL (NYSE:BILL) Trading Up 7.1% – Still a Buy?

BILL Holdings, Inc. (NYSE:BILL) shares rose 7.1% during mid-day trading on Wednesday . The stock traded as high as $43.41 and last traded at $44.2910. Approximately 146,287 shares were traded during trading, a decline of 94% from the average session volume of 2,632,284 shares. The stock had previously closed at $41.37.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on BILL shares. TD Cowen started coverage on BILL in a research report on Monday, June 22nd. They issued a “buy” rating and a $43.00 price objective on the stock. BMO Capital Markets boosted their target price on shares of BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a research note on Friday, May 8th. Zacks Research upgraded shares of BILL from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Weiss Ratings raised BILL from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. Finally, Oppenheimer set a $55.00 target price on shares of BILL and gave the company an “outperform” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, BILL presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.19.

BILL Trading Up 7.0%

The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. The business has a fifty day moving average of $36.89 and a two-hundred day moving average of $41.33. The firm has a market cap of $4.41 billion, a price-to-earnings ratio of -4,424.68, a PEG ratio of 0.96 and a beta of 1.17.

BILL (NYSE:BILL) last released its earnings results on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.13. The company had revenue of $406.56 million for the quarter, compared to analyst estimates of $403.76 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. The firm’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.50 EPS. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. As a group, equities analysts expect that BILL Holdings, Inc. will post 0.95 earnings per share for the current fiscal year.

Institutional Investors Weigh In On BILL

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Versant Capital Management Inc lifted its holdings in shares of BILL by 147.3% during the 2nd quarter. Versant Capital Management Inc now owns 722 shares of the company’s stock worth $26,000 after acquiring an additional 430 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after buying an additional 486 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of BILL in the fourth quarter valued at $28,000. State of Wyoming acquired a new position in shares of BILL in the first quarter valued at approximately $32,000. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of BILL by 173.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after purchasing an additional 452 shares in the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

BILL Company Profile

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.