Analysts predict that Bottomline Technologies (NASDAQ:EPAY) will announce sales of $106.20 million for the current quarter, according to Zacks. Four analysts have made estimates for Bottomline Technologies’ earnings. The lowest sales estimate is $104.30 million and the highest is $110.50 million. Bottomline Technologies posted sales of $101.14 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 5%. The firm is expected to issue its next quarterly earnings results on Thursday, May 2nd.

According to Zacks, analysts expect that Bottomline Technologies will report full-year sales of $423.09 million for the current financial year, with estimates ranging from $419.10 million to $431.80 million. For the next financial year, analysts anticipate that the company will post sales of $465.17 million, with estimates ranging from $453.31 million to $483.90 million. Zacks’ sales averages are an average based on a survey of research firms that cover Bottomline Technologies.

Bottomline Technologies (NASDAQ:EPAY) last announced its quarterly earnings data on Thursday, January 31st. The technology company reported $0.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.02. The company had revenue of $104.85 million during the quarter, compared to analysts’ expectations of $103.73 million. Bottomline Technologies had a return on equity of 9.25% and a net margin of 4.05%.

Several equities analysts have recently weighed in on the company. BidaskClub upgraded Bottomline Technologies from a “buy” rating to a “strong-buy” rating in a report on Wednesday. Zacks Investment Research cut Bottomline Technologies from a “hold” rating to a “sell” rating in a report on Thursday, November 15th. Barrington Research restated a “buy” rating on shares of Bottomline Technologies in a report on Monday, February 4th. Raymond James decreased their price objective on Bottomline Technologies from $77.00 to $65.00 in a report on Monday, February 4th. Finally, Craig Hallum cut Bottomline Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 9th. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $61.78.

In other Bottomline Technologies news, CFO Richard Douglas Booth sold 5,568 shares of the firm’s stock in a transaction that occurred on Friday, December 7th. The shares were sold at an average price of $49.81, for a total transaction of $277,342.08. Following the completion of the sale, the chief financial officer now directly owns 108,053 shares in the company, valued at $5,382,119.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Robert A. Eberle sold 15,024 shares of the firm’s stock in a transaction that occurred on Thursday, December 6th. The stock was sold at an average price of $50.54, for a total transaction of $759,312.96. Following the sale, the chief executive officer now owns 402,432 shares of the company’s stock, valued at $20,338,913.28. The disclosure for this sale can be found here. Insiders sold a total of 30,257 shares of company stock valued at $1,513,617 over the last quarter. 2.40% of the stock is currently owned by company insiders.

Hedge funds have recently modified their holdings of the business. First Quadrant L P CA acquired a new stake in Bottomline Technologies during the fourth quarter worth approximately $69,000. Quantamental Technologies LLC acquired a new stake in Bottomline Technologies during the fourth quarter worth approximately $91,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Bottomline Technologies by 17.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,701 shares of the technology company’s stock worth $130,000 after acquiring an additional 406 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in Bottomline Technologies during the fourth quarter worth approximately $131,000. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Bottomline Technologies in the third quarter valued at approximately $145,000. Hedge funds and other institutional investors own 88.95% of the company’s stock.

Shares of NASDAQ EPAY traded up $1.00 during mid-day trading on Friday, hitting $49.05. The company had a trading volume of 328,274 shares, compared to its average volume of 439,231. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 64.54, a PEG ratio of 7.02 and a beta of 0.96. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.89 and a quick ratio of 1.89. Bottomline Technologies has a one year low of $36.13 and a one year high of $74.05.

Bottomline Technologies Company Profile

Bottomline Technologies (de), Inc provides software as a service based solutions. It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Transactional Documents, and Other. The company's products and services include Paymode-X, a cloud-based payment network, which allows businesses to transition to electronic integrated payables; and cloud-based financial messaging solutions that enable banks and corporations to exchange financial information, such as payment instructions, cash reporting, and other messages to facilitate transaction settlement.

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