BILL Holdings, Inc. (NYSE:BILL) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of BILL Holdings, Inc. (NYSE:BILL) have earned a consensus recommendation of “Moderate Buy” from the twenty research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $58.6667.

A number of analysts recently weighed in on the company. UBS Group boosted their target price on BILL from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. BMO Capital Markets lifted their price target on shares of BILL from $46.00 to $55.00 and gave the stock a “market perform” rating in a research note on Thursday, August 20th. Robert W. Baird boosted their price objective on shares of BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. TD Cowen initiated coverage on shares of BILL in a report on Monday, June 22nd. They set a “buy” rating and a $43.00 target price on the stock. Finally, Keefe, Bruyette & Woods lifted their target price on shares of BILL from $46.00 to $54.00 and gave the stock a “market perform” rating in a research report on Thursday, August 20th.

Insider Buying and Selling at BILL

In other BILL news, insider Michael Cieri sold 10,754 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $49.13, for a total value of $528,344.02. Following the completion of the sale, the insider owned 997 shares in the company, valued at approximately $48,982.61. The trade was a 91.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 13.20% of the company’s stock.

Hedge Funds Weigh In On BILL

Several hedge funds and other institutional investors have recently modified their holdings of the company. ER Collective Holdings LLC bought a new position in BILL during the 4th quarter valued at approximately $464,588,000. California State Teachers Retirement System grew its position in shares of BILL by 3,421.2% in the 2nd quarter. California State Teachers Retirement System now owns 3,531,603 shares of the company’s stock worth $127,703,000 after buying an additional 3,431,307 shares during the last quarter. Senvest Management LLC increased its stake in shares of BILL by 155.8% during the fourth quarter. Senvest Management LLC now owns 2,573,261 shares of the company’s stock valued at $140,346,000 after buying an additional 1,567,186 shares during the period. Contour Asset Management LLC raised its holdings in shares of BILL by 45.5% during the fourth quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company’s stock valued at $256,914,000 after acquiring an additional 1,472,132 shares in the last quarter. Finally, Marshall Wace LLP lifted its stake in BILL by 190.8% in the third quarter. Marshall Wace LLP now owns 2,166,899 shares of the company’s stock worth $114,781,000 after acquiring an additional 1,421,785 shares during the period. 97.99% of the stock is owned by institutional investors.

BILL Price Performance

Shares of NYSE:BILL opened at $48.78 on Thursday. The company’s fifty day moving average price is $44.85 and its 200-day moving average price is $40.87. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.51 and a quick ratio of 1.51. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of -375.20, a PEG ratio of 0.71 and a beta of 1.10. BILL has a one year low of $31.41 and a one year high of $57.21.

BILL (NYSE:BILL) last released its earnings results on Wednesday, August 19th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.13. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%.The business had revenue of $436.19 million for the quarter, compared to analysts’ expectations of $430.55 million. During the same quarter in the prior year, the firm earned $0.53 earnings per share. The firm’s revenue was up 13.8% on a year-over-year basis. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. On average, equities research analysts anticipate that BILL will post 2.22 earnings per share for the current fiscal year.

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.