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

BILL (NYSE:BILL) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Sunday.

Several other analysts have also commented on the stock. Zacks Research raised shares of BILL from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Keefe, Bruyette & Woods lifted their price objective on shares of BILL from $42.00 to $49.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 12th. Morgan Stanley set a $55.00 price objective on shares of BILL in a research note on Friday, May 8th. JPMorgan Chase & Co. decreased their target price on shares of BILL from $60.00 to $50.00 and set an “overweight” rating for the company in a research report on Friday, June 5th. Finally, Oppenheimer set a $55.00 target price on shares of BILL and gave the company an “outperform” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued 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 a consensus target price of $55.19.

BILL Stock Down 0.2%

NYSE:BILL opened at $40.39 on Friday. BILL has a 1-year low of $31.41 and a 1-year high of $57.21. The firm’s 50-day moving average price is $36.41 and its 200-day moving average price is $42.11. The company has a market capitalization of $4.02 billion, a PE ratio of -4,035.26, a P/E/G ratio of 0.91 and a beta of 1.17. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.66 and a quick ratio of 1.66.

BILL (NYSE:BILL) last issued its quarterly earnings data 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 return on equity of 2.40% and a net margin of 0.01%.The firm had revenue of $406.56 million during the quarter, compared to analysts’ expectations of $403.76 million. During the same period in the prior year, the business posted $0.50 EPS. The firm’s quarterly revenue 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. On average, equities analysts predict that BILL will post 0.95 EPS for the current fiscal year.

Hedge Funds Weigh In On BILL

Hedge funds have recently modified their holdings of the stock. UMB Bank n.a. boosted its stake in BILL by 21.8% in the 4th quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock worth $73,000 after purchasing an additional 239 shares in the last quarter. GAMMA Investing LLC lifted its position in BILL by 27.2% during the fourth quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock valued at $68,000 after purchasing an additional 266 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in shares of BILL by 1.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 18,100 shares of the company’s stock worth $693,000 after buying an additional 300 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in BILL by 1.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock worth $1,165,000 after purchasing an additional 327 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its stake in shares of BILL by 46.3% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock worth $69,000 after purchasing an additional 401 shares during the period. Institutional investors and hedge funds own 97.99% of the company’s stock.

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.