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

BILL Holdings, Inc. (NYSE:BILL) has been assigned an average rating of “Moderate Buy” from the twenty-three analysts that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $55.80.

Several brokerages have weighed in on BILL. JPMorgan Chase & Co. reduced their price objective on BILL from $60.00 to $50.00 and set an “overweight” rating for the company in a report on Friday, June 5th. BMO Capital Markets increased their price objective on BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Zacks Research raised BILL from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Morgan Stanley set a $55.00 price objective on BILL in a report on Friday, May 8th. Finally, Oppenheimer set a $55.00 price target on BILL and gave the company an “outperform” rating in a research report on Friday, May 8th.

Institutional Investors Weigh In On BILL

A number of large investors have recently added to or reduced their stakes in BILL. Caitong International Asset Management Co. Ltd raised its position in BILL by 972.0% during the third 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 in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in BILL during the fourth quarter valued at about $28,000. State of Wyoming purchased a new stake in BILL during the first quarter valued at about $32,000. Rockefeller Capital Management L.P. raised its position in BILL by 173.8% during the fourth 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 in the last quarter. Finally, CWM LLC raised its position in BILL by 1,000.0% during the fourth quarter. CWM LLC now owns 803 shares of the company’s stock valued at $44,000 after purchasing an additional 730 shares in the last quarter. Hedge funds and other institutional investors own 97.99% of the company’s stock.

BILL Stock Performance

Shares of BILL opened at $33.13 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. The stock has a 50 day moving average price of $37.41 and a two-hundred day moving average price of $43.91. The firm has a market capitalization of $3.30 billion, a P/E ratio of -3,309.29, a P/E/G ratio of 1.13 and a beta of 1.20. BILL has a 52 week low of $31.52 and a 52 week high of $57.21.

BILL (NYSE:BILL) last released its 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 during the quarter, compared to analyst estimates of $403.76 million. BILL had a return on equity of 2.40% and a net margin of 0.01%.BILL’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the prior year, the company posted $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. Equities analysts forecast that BILL will post 0.95 earnings per share for the current fiscal year.

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.