Head to Head Contrast: Evolent Health (NYSE:EVH) versus BILL (NYSE:BILL)

Evolent Health (NYSE:EVH) and BILL (NYSE:BILL) are both computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, earnings, risk, dividends, valuation and analyst recommendations.

Valuation and Earnings

This table compares Evolent Health and BILL”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Evolent Health	$1.88 billion	0.23	-$534.51 million	($5.15)	-0.76
BILL	$1.46 billion	2.59	$23.80 million	($0.24)	-159.60

BILL has lower revenue, but higher earnings than Evolent Health. BILL is trading at a lower price-to-earnings ratio than Evolent Health, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of current recommendations and price targets for Evolent Health and BILL, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Evolent Health	1	3	13	0	2.71
BILL	2	10	12	0	2.42

Evolent Health currently has a consensus price target of $6.04, indicating a potential upside of 54.79%. BILL has a consensus price target of $55.10, indicating a potential upside of 43.84%. Given Evolent Health’s stronger consensus rating and higher possible upside, analysts clearly believe Evolent Health is more favorable than BILL.

Profitability

This table compares Evolent Health and BILL’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Evolent Health	-28.49%	1.49%	0.49%
BILL	-1.56%	1.70%	0.66%

Institutional and Insider Ownership

98.0% of BILL shares are held by institutional investors. 1.5% of Evolent Health shares are held by company insiders. Comparatively, 13.2% of BILL shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Volatility and Risk

Evolent Health has a beta of 0.83, suggesting that its stock price is 17% less volatile than the S&P 500. Comparatively, BILL has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500.

Summary

BILL beats Evolent Health on 9 of the 14 factors compared between the two stocks.

About Evolent Health

Evolent Health, Inc., through its subsidiary, Evolent Health LLC, offers specialty care management services in oncology, cardiology, and musculoskeletal markets in the United States. The company provides platform for health plan administration and value-based business infrastructure. It offers administrative services, such as health plan services, pharmacy benefits management, risk management, analytics and reporting, and leadership and management; and Identifi, a proprietary technology system that aggregates and analyzes data, manages care workflows, and engages patients. In addition, the company provides holistic total cost of care management. Evolent Health, Inc. was founded in 2011 and is headquartered in Arlington, Virginia.

About BILL

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. In addition, the company's artificial intelligence enabled software provides connections between suppliers and clients. It serves accounting firms, financial institutions, and software companies. The company was formerly known as Bill.com Holdings, Inc. and changed its name to BILL Holdings, Inc. in February 2023. BILL Holdings, Inc. was incorporated in 2006 and is headquartered in San Jose, California.