Brokerages expect Bottomline Technologies (NASDAQ:EPAY) to post earnings per share of $0.24 for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Bottomline Technologies’ earnings. The highest EPS estimate is $0.25 and the lowest is $0.24. Bottomline Technologies posted earnings per share of $0.23 during the same quarter last year, which suggests a positive year-over-year growth rate of 4.3%. The company is expected to announce its next earnings results on Thursday, April 26th.

According to Zacks, analysts expect that Bottomline Technologies will report full-year earnings of $1.09 per share for the current fiscal year, with EPS estimates ranging from $1.06 to $1.16. For the next year, analysts anticipate that the firm will post earnings of $1.31 per share, with EPS estimates ranging from $1.19 to $1.47. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Bottomline Technologies.

Bottomline Technologies (NASDAQ:EPAY) last posted its quarterly earnings results on Thursday, February 1st. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.05. The business had revenue of $95.20 million during the quarter, compared to analysts’ expectations of $92.51 million. Bottomline Technologies had a negative net margin of 3.67% and a positive return on equity of 7.29%. The business’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the company posted $0.26 earnings per share.

EPAY has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Bottomline Technologies from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a report on Wednesday, November 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $38.00 price target on shares of Bottomline Technologies in a report on Friday, November 3rd. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Bottomline Technologies currently has an average rating of “Buy” and a consensus price target of $35.40.

Bottomline Technologies (NASDAQ EPAY) traded up $0.87 during midday trading on Friday, hitting $37.56. 1,016,195 shares of the company’s stock were exchanged, compared to its average volume of 255,782. The stock has a market capitalization of $1,485.34, a PE ratio of -107.31 and a beta of 1.12. Bottomline Technologies has a fifty-two week low of $21.52 and a fifty-two week high of $39.50.

In other news, CFO Richard Douglas Booth sold 15,000 shares of the stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $33.78, for a total value of $506,700.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert A. Eberle sold 30,907 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $33.45, for a total transaction of $1,033,839.15. Following the completion of the sale, the insider now owns 379,100 shares in the company, valued at approximately $12,680,895. The disclosure for this sale can be found here. Insiders sold 86,443 shares of company stock worth $2,901,812 in the last quarter. Company insiders own 2.40% of the company’s stock.

Several large investors have recently added to or reduced their stakes in EPAY. Westfield Capital Management Co. LP acquired a new stake in shares of Bottomline Technologies in the third quarter worth $20,396,000. Rothschild Asset Management Inc. acquired a new stake in shares of Bottomline Technologies in the third quarter worth $15,977,000. JPMorgan Chase & Co. increased its stake in shares of Bottomline Technologies by 1,092.5% in the third quarter. JPMorgan Chase & Co. now owns 312,429 shares of the technology company’s stock worth $10,001,000 after acquiring an additional 286,229 shares during the period. Conestoga Capital Advisors LLC increased its stake in shares of Bottomline Technologies by 14.9% in the fourth quarter. Conestoga Capital Advisors LLC now owns 1,937,549 shares of the technology company’s stock worth $67,194,000 after acquiring an additional 250,730 shares during the period. Finally, OxFORD Asset Management LLP increased its stake in shares of Bottomline Technologies by 209.6% in the third quarter. OxFORD Asset Management LLP now owns 329,412 shares of the technology company’s stock worth $10,488,000 after acquiring an additional 223,009 shares during the period. Hedge funds and other institutional investors own 96.83% of the company’s stock.

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About Bottomline Technologies

Bottomline Technologies (de), Inc is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer’s location.

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