BILL (NYSE:BILL) Rating Lowered to Hold at Jefferies Financial Group

BILL (NYSE:BILL) was downgraded by equities researchers at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a report released on Monday, Zacks reports.

BILL has been the topic of a number of other research reports. Wall Street Zen upgraded BILL from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. The Goldman Sachs Group increased their price objective on BILL from $50.00 to $57.00 and gave the company a “buy” rating in a report on Thursday, August 20th. TD Cowen initiated coverage on shares of BILL in a research report on Monday, June 22nd. They issued a “buy” rating and a $43.00 price target on the stock. BTIG Research reiterated a “buy” rating and set a $60.00 price objective on shares of BILL in a research note on Thursday, August 20th. Finally, Wolfe Research boosted their price target on shares of BILL from $57.00 to $60.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $58.67.

BILL Trading Up 0.8%

BILL opened at $41.95 on Monday. BILL has a 1-year low of $31.41 and a 1-year high of $57.21. The company has a market cap of $3.58 billion, a P/E ratio of -322.67, a price-to-earnings-growth ratio of 0.62 and a beta of 1.10. The company has a fifty day moving average price of $47.36 and a two-hundred day moving average price of $41.25. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.49.

BILL (NYSE:BILL) last announced its quarterly earnings results on Wednesday, August 19th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.13. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%.The business had revenue of $436.19 million for the quarter, compared to analyst estimates of $430.55 million. During the same quarter in the prior year, the company earned $0.53 earnings per share. The company’s quarterly revenue was up 13.8% on a year-over-year basis. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. Analysts predict that BILL will post 2.22 EPS for the current fiscal year.

Insider Activity

In other news, CEO Rene A. Lacerte sold 42,248 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $50.17, for a total value of $2,119,582.16. Following the transaction, the chief executive officer owned 163,125 shares in the company, valued at approximately $8,183,981.25. This trade represents a 20.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Cieri sold 10,754 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $49.13, for a total transaction of $528,344.02. Following the completion of the sale, the insider directly owned 997 shares in the company, valued at approximately $48,982.61. This trade represents a 91.52% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 267,997 shares of company stock valued at $13,057,984. Company insiders own 13.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BILL. Versant Capital Management Inc lifted its holdings in BILL by 147.3% in the 2nd quarter. Versant Capital Management Inc now owns 722 shares of the company’s stock worth $26,000 after buying an additional 430 shares during the period. State of Wyoming bought a new stake in shares of BILL in the 1st quarter worth approximately $32,000. Rockefeller Capital Management L.P. increased its stake in shares of BILL by 173.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock valued at $39,000 after buying an additional 452 shares during the period. Geneos Wealth Management Inc. purchased a new position in shares of BILL during the first quarter valued at approximately $57,000. Finally, Ascentis Independent Advisors bought a new position in shares of BILL during the first quarter valued at approximately $58,000. Hedge funds and other institutional investors own 97.99% of the company’s stock.

Key BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Potential rebound after steep decline: BILL has fallen 15.5% over the past four weeks and is described as technically oversold, suggesting recent selling pressure may be nearing exhaustion. The report also points to broad Wall Street support for higher earnings estimates, which could help the stock recover if investor sentiment improves. Down 15.5% in 4 Weeks, Here’s Why You Should You Buy the Dip in BILL Holdings
• Neutral Sentiment: Unrelated college-sports legislation: Multiple reports cover Senate passage of a bill that would establish national rules for college sports and regulate name, image and likeness agreements. The legislation does not appear connected to BILL Holdings’ financial-technology and business-payments operations, so it has no clear direct impact on the stock. Senate passes major bill to overhaul college sports
• Neutral Sentiment: Unrelated artificial-intelligence coverage: Articles discussing Bill Gates’ warning that global AI regulation could be more difficult than nuclear negotiations also concern an individual named Bill Gates, not BILL Holdings. The stories do not provide company-specific information or a meaningful catalyst for BILL shares. Bill Gates says global AI rules will be harder than nuclear talks

About BILL

BILL Holdings, Inc provides financial operations software for small and midsize businesses, accounting firms and financial institutions. Its cloud-based platform helps customers automate and manage accounts payable, accounts receivable, payments, expense management, budgeting and other routine financial processes.

The company’s offerings include BILL Accounts Payable and BILL Accounts Receivable, which support invoice processing, approvals, billing and payment collection. BILL also provides spend and expense management tools, including budgeting, corporate cards and employee expense tracking, along with integrations that connect its platform to accounting and business-management systems.

Founded in 2006 by René Lacerte, the company was originally known as Bill.com and became publicly traded on the New York Stock Exchange in 2019.