Wall Street Zen Downgrades BILL (NYSE:BILL) to Hold

BILL (NYSE:BILL) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Monday.

Several other analysts have also issued reports on the company. Oppenheimer set a $55.00 target price on BILL and gave the stock an “outperform” rating in a report on Friday, May 8th. JPMorgan Chase & Co. dropped their price objective on BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, June 5th. Keefe, Bruyette & Woods increased their price target on BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a research note on Tuesday, May 12th. Robert W. Baird lifted their target price on shares of BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Finally, The Goldman Sachs Group increased their target price on BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. One investment 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 assigned a Sell rating to the company. Based on data from MarketBeat, BILL has a consensus rating of “Moderate Buy” and an average target price of $55.19.

BILL Trading Down 0.2%

BILL opened at $41.28 on Monday. The firm’s fifty day simple moving average is $36.73 and its 200 day simple moving average is $41.51. BILL has a 12 month low of $31.41 and a 12 month high of $57.21. The stock has a market capitalization of $4.11 billion, a P/E ratio of -4,123.78, a P/E/G ratio of 0.93 and a beta of 1.17. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48.

BILL (NYSE:BILL) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.13. BILL had a return on equity of 2.40% and a net margin of 0.01%.The company 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 firm earned $0.50 earnings per share. BILL’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 anticipate that BILL will post 0.95 EPS for the current fiscal year.

Hedge Funds Weigh In On BILL

Hedge funds have recently made changes to their positions in the stock. UMB Bank n.a. increased its position in shares of BILL by 21.8% during the fourth quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock worth $73,000 after buying an additional 239 shares during the period. GAMMA Investing LLC raised its position in shares of BILL by 27.2% in the 4th quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock worth $68,000 after acquiring an additional 266 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in 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 purchasing an additional 300 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of BILL by 1.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock valued at $1,165,000 after acquiring an additional 327 shares in the last quarter. Finally, SBI Securities Co. Ltd. boosted its stake in BILL by 46.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock worth $69,000 after acquiring an additional 401 shares in the last quarter. 97.99% of the stock is currently owned by institutional investors.

BILL News Summary

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Zacks highlighted BILL Holdings as a value-stock candidate versus Braze, potentially drawing attention from investors hunting for undervalued software names. BILL vs. BRZE: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Broader news about a bipartisan housing bill becoming law without Trump’s signature has no direct connection to BILL Holdings’ business, so it is unlikely to be a meaningful driver of the stock.
• Neutral Sentiment: Other headlines in the feed focus on politics, housing, and unrelated policy debates, which do not appear to materially affect BILL’s fundamentals or near-term operating outlook.

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.