Analysts expect that Bottomline Technologies (NASDAQ:EPAY) will report earnings of $0.31 per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Bottomline Technologies’ earnings. The lowest EPS estimate is $0.28 and the highest is $0.38. Bottomline Technologies reported earnings of $0.30 per share in the same quarter last year, which would suggest a positive year over year growth rate of 3.3%. The firm is scheduled to announce its next earnings results on Thursday, May 2nd.

On average, analysts expect that Bottomline Technologies will report full-year earnings of $1.35 per share for the current financial year, with EPS estimates ranging from $1.26 to $1.48. For the next fiscal year, analysts forecast that the business will report earnings of $1.57 per share, with EPS estimates ranging from $1.52 to $1.63. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Bottomline Technologies.

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

A number of research analysts have weighed in on the stock. DA Davidson lifted their price target on shares of Bottomline Technologies from $1.52 to $47.00 and gave the company a “neutral” rating in a research report on Friday, February 1st. Needham & Company LLC reduced their price target on shares of Bottomline Technologies to $62.00 and set a “buy” rating on the stock in a research report on Friday, February 1st. Zacks Investment Research raised shares of Bottomline Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, January 9th. Barrington Research reaffirmed a “buy” rating on shares of Bottomline Technologies in a research report on Tuesday, January 29th. Finally, BidaskClub cut shares of Bottomline Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $61.78.

EPAY stock traded up $1.35 during midday trading on Monday, reaching $48.32. 137,870 shares of the company’s stock traded hands, compared to its average volume of 336,231. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 63.58, a price-to-earnings-growth ratio of 6.87 and a beta of 0.94. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.30. Bottomline Technologies has a fifty-two week low of $38.49 and a fifty-two week high of $74.05.

In other Bottomline Technologies news, insider Nigel K. Savory sold 5,895 shares of Bottomline Technologies stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $49.25, for a total transaction of $290,328.75. Following the transaction, the insider now directly owns 162,062 shares of the company’s stock, valued at $7,981,553.50. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider John Francis Kelly sold 2,942 shares of Bottomline Technologies stock in a transaction that occurred on Friday, February 15th. The shares were sold at an average price of $47.20, for a total transaction of $138,862.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 18,203 shares of company stock worth $880,167. 2.40% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. raised its stake in shares of Bottomline Technologies by 3.3% during the fourth quarter. BlackRock Inc. now owns 5,712,147 shares of the technology company’s stock valued at $274,184,000 after purchasing an additional 183,249 shares during the period. Vanguard Group Inc. raised its stake in shares of Bottomline Technologies by 6.1% during the third quarter. Vanguard Group Inc. now owns 4,081,808 shares of the technology company’s stock valued at $296,788,000 after purchasing an additional 233,817 shares during the period. Vanguard Group Inc raised its stake in shares of Bottomline Technologies by 6.1% during the third quarter. Vanguard Group Inc now owns 4,081,808 shares of the technology company’s stock valued at $296,788,000 after purchasing an additional 233,817 shares during the period. Conestoga Capital Advisors LLC raised its stake in shares of Bottomline Technologies by 2.4% during the first quarter. Conestoga Capital Advisors LLC now owns 1,913,436 shares of the technology company’s stock valued at $95,844,000 after purchasing an additional 45,679 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Bottomline Technologies by 9.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 591,271 shares of the technology company’s stock valued at $28,381,000 after purchasing an additional 53,076 shares during the period. Institutional investors own 88.71% of the company’s stock.

About Bottomline Technologies

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.

Further Reading: Federal Reserve

Get a free copy of the Zacks research report on Bottomline Technologies (EPAY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Bottomline Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bottomline Technologies and related companies with MarketBeat.com's FREE daily email newsletter.