BILL (NYSE:BILL) Sets New 52-Week Low – What’s Next?

BILL Holdings, Inc. (NYSE:BILL) hit a new 52-week low on Wednesday . The stock traded as low as $34.35 and last traded at $34.8850, with a volume of 185102 shares changing hands. The stock had previously closed at $34.90.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on BILL shares. Oppenheimer set a $55.00 price objective on shares of BILL and gave the company an “outperform” rating in a report on Friday, May 8th. Zacks Research raised shares of BILL from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Wall Street Zen downgraded shares of BILL from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Morgan Stanley set a $55.00 target price on shares of BILL in a research report on Friday, May 8th. Finally, Needham & Company LLC reissued a “buy” rating and set a $75.00 target price on shares of BILL in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, BILL presently has a consensus rating of “Moderate Buy” and an average target price of $56.80.

BILL Trading Up 1.2%

The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.48. The firm’s 50-day moving average price is $38.39 and its 200 day moving average price is $45.06. The company has a market capitalization of $3.52 billion, a P/E ratio of -3,524.48, a P/E/G ratio of 1.37 and a beta of 1.22.

BILL (NYSE:BILL) last posted its earnings results on Thursday, May 7th. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.55 by $0.13. BILL had a net margin of 0.01% and a return on equity of 2.40%. The company had revenue of $406.56 million during the quarter, compared to the consensus estimate of $403.76 million. During the same period in the previous year, the firm posted $0.50 earnings per share. The firm’s revenue for the quarter was up 13.5% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. As a group, equities research analysts predict that BILL Holdings, Inc. will post 0.88 earnings per share for the current year.

Institutional Investors Weigh In On BILL

Institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its position in BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after purchasing an additional 486 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in BILL in the 4th quarter worth about $28,000. State of Wyoming bought a new stake in BILL in the 1st quarter worth about $32,000. Rockefeller Capital Management L.P. increased its position in shares of BILL by 173.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock valued at $39,000 after purchasing an additional 452 shares during the last quarter. Finally, CWM LLC raised its stake in shares of BILL by 1,000.0% during the 4th quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after purchasing an additional 730 shares during the period. 97.99% of the stock is owned by institutional investors.

BILL Company Profile

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.