BILL (NYSE:BILL) Raised to Buy at Wall Street Zen

BILL (NYSE:BILL) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Other research analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods upped their price target on BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a report on Tuesday, May 12th. Weiss Ratings raised BILL from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. Zacks Research raised BILL from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. BMO Capital Markets upped their price target on BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Finally, Evercore set a $42.00 price target on BILL in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, BILL presently has an average rating of “Moderate Buy” and an average target price of $56.80.

BILL Price Performance

NYSE BILL opened at $37.11 on Friday. The stock has a market capitalization of $3.70 billion, a P/E ratio of -3,706.79, a P/E/G ratio of 1.32 and a beta of 1.22. BILL has a 1 year low of $34.35 and a 1 year high of $57.21. The business’s fifty day moving average is $38.10 and its two-hundred day moving average is $44.86. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66.

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

Hedge Funds Weigh In On BILL

Institutional investors and hedge funds have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd purchased a new position in shares of BILL during the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after purchasing an additional 486 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of BILL by 173.8% in 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. CWM LLC lifted its stake in shares of BILL by 1,000.0% in the 4th quarter. CWM LLC now owns 803 shares of the company’s stock valued at $44,000 after purchasing an additional 730 shares during the last quarter. Finally, State of Wyoming acquired a new stake in shares of BILL in the 1st quarter valued at $32,000. 97.99% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about BILL

Here are the key news stories impacting BILL this week:

• Positive Sentiment: A Zacks comparison piece frames BILL as a potential value stock versus Palantir, which can draw attention to BILL as a cheaper software name and support investor interest. Article Title
• Neutral Sentiment: Most of the other headlines are unrelated political or policy stories about a proposed $250 bill, Social Security work rules, farm legislation, and college sports, so they do not appear to have a meaningful direct impact on BILL Holdings. Article Title
• Neutral Sentiment: BILL’s recent earnings were solid, with revenue and EPS beating estimates, which may continue to underpin the shares, but that update is already several weeks old and is not the main driver in today’s news flow.

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.