BILL (NYSE:BILL) Stock Rating Lowered by Truist Financial

BILL (NYSE:BILL) was downgraded by Truist Financial from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, Marketbeat reports. They currently have a $35.00 price objective on the stock. Truist Financial’s price target would suggest a potential upside of 2.59% from the company’s current price.

BILL has been the topic of a number of other research reports. Robert W. Baird upped their price target on BILL from $50.00 to $54.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Oppenheimer set a $55.00 price target on BILL and gave the company an “outperform” rating in a research report on Friday, May 8th. The Goldman Sachs Group upped their price target on BILL from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. reduced their price objective on shares of BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, June 5th. Finally, Weiss Ratings raised shares of BILL from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, BILL presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.80.

BILL Trading Down 2.9%

BILL opened at $34.12 on Wednesday. BILL has a fifty-two week low of $33.29 and a fifty-two week high of $57.21. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.66 and a quick ratio of 1.66. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of -3,408.39, a PEG ratio of 1.33 and a beta of 1.20. The company’s 50 day moving average price is $37.74 and its two-hundred day moving average price is $44.20.

BILL (NYSE:BILL) last posted its earnings results on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.13. BILL had a net margin of 0.01% and a return on equity of 2.40%. The firm had revenue of $406.56 million for the quarter, compared to analyst estimates of $403.76 million. During the same period in the previous year, the firm posted $0.50 EPS. The company’s revenue for the quarter was up 13.5% compared to the same quarter last year. 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, research analysts predict that BILL will post 0.88 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd bought a new position in BILL during the fourth quarter worth $28,000. Caitong International Asset Management Co. Ltd boosted its holdings in BILL by 972.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after acquiring an additional 486 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in BILL by 173.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after acquiring an additional 452 shares in the last quarter. CWM LLC boosted its holdings in BILL by 1,000.0% in the fourth quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after acquiring an additional 730 shares in the last quarter. Finally, State of Wyoming bought a new position in BILL in the first quarter worth approximately $32,000. 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.