BILL Holdings, Inc. (NYSE:BILL) Receives $57.05 Consensus Target Price from Brokerages

BILL Holdings, Inc. (NYSE:BILL) has earned a consensus rating of “Moderate Buy” from the twenty ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, twelve have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $58.2222.

A number of analysts have recently commented on the stock. Truist Financial boosted their target price on shares of BILL from $38.00 to $44.00 and gave the company a “hold” rating in a report on Friday, July 24th. UBS Group increased their price target on shares of BILL from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of BILL in a research report on Monday, August 17th. BMO Capital Markets boosted their price objective on shares of BILL from $46.00 to $55.00 and gave the stock a “market perform” rating in a research note on Thursday, August 20th. Finally, Oppenheimer set a $55.00 price objective on shares of BILL and gave the stock an “outperform” rating in a report on Friday, May 8th.

Institutional Trading of BILL

Hedge funds have recently made changes to their positions in the stock. Versant Capital Management Inc increased its position in BILL by 147.3% during the 2nd quarter. Versant Capital Management Inc now owns 722 shares of the company’s stock valued at $26,000 after buying an additional 430 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in BILL by 972.0% during the third 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 stake in BILL in the fourth quarter worth $28,000. State of Wyoming bought a new stake in BILL in the first quarter worth $32,000. Finally, Rockefeller Capital Management L.P. grew its stake in shares of BILL by 173.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after acquiring an additional 452 shares during the last quarter. 97.99% of the stock is owned by institutional investors.

BILL Stock Down 2.3%

Shares of NYSE:BILL opened at $49.16 on Thursday. BILL has a 52-week low of $31.41 and a 52-week high of $57.21. The firm has a market capitalization of $4.19 billion, a P/E ratio of -378.15, a P/E/G ratio of 0.77 and a beta of 1.13. The stock has a 50 day moving average price of $44.24 and a 200-day moving average price of $40.85. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.51 and a current ratio of 1.51.

BILL (NYSE:BILL) last released its quarterly earnings results on Wednesday, August 19th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.13. The company had revenue of $436.19 million for the quarter, compared to analyst estimates of $430.55 million. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%.The firm’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. As a group, equities research analysts anticipate that BILL will post 2.17 EPS for the current fiscal year.

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.