BILL (NYSE:BILL) Earns Sell (D+) Rating from Weiss Ratings

Key Points

• BILL's stock has received a "sell (D+)" rating from Weiss Ratings, signaling caution from analysts amidst varied opinions from other research firms.
• The company's recent quarterly earnings surpassed expectations, reporting $0.53 EPS against a projected $0.41, with revenue increasing by 11.5% year-over-year.
• BILL has initiated a $300 million stock repurchase program, indicating confidence from the Board of Directors in the company’s valuation.

BILL (NYSE:BILL - Get Free Report)'s stock had its "sell (d+)" rating reiterated by equities research analysts at Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.

BILL has been the subject of several other reports. Wolfe Research upgraded BILL from a "peer perform" rating to an "outperform" rating and set a $70.00 price target for the company in a report on Thursday, September 11th. Oppenheimer increased their price target on BILL from $55.00 to $60.00 and gave the company an "outperform" rating in a report on Friday. Evercore ISI lowered their price target on BILL from $50.00 to $48.00 and set an "in-line" rating for the company in a report on Thursday, August 28th. Citigroup upgraded BILL to a "strong-buy" rating in a report on Thursday. Finally, Needham & Company LLC reissued a "buy" rating and issued a $75.00 price objective on shares of BILL in a research report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $60.10.

BILL Trading Up 0.9%

Shares of BILL stock traded up $0.44 on Friday, reaching $51.21. 2,939,284 shares of the stock were exchanged, compared to its average volume of 2,915,864. The stock has a market cap of $5.20 billion, a P/E ratio of -320.02, a price-to-earnings-growth ratio of 13.53 and a beta of 1.42. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $49.46 and a two-hundred day moving average of $46.07. BILL has a 1-year low of $36.55 and a 1-year high of $100.19.

BILL (NYSE:BILL - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.12. BILL had a return on equity of 1.16% and a net margin of 1.63%.The business had revenue of $383.35 million during the quarter, compared to the consensus estimate of $376.43 million. During the same period in the prior year, the firm posted $0.57 EPS. The business's revenue for the quarter was up 11.5% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. On average, research analysts anticipate that BILL will post 0.12 EPS for the current year.

BILL declared that its Board of Directors has approved a stock repurchase program on Wednesday, August 27th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 7.2% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

Hedge Funds Weigh In On BILL

Several large investors have recently modified their holdings of the stock. Iridian Asset Management LLC CT lifted its position in shares of BILL by 4.9% during the third quarter. Iridian Asset Management LLC CT now owns 151,554 shares of the company's stock worth $8,028,000 after purchasing an additional 7,127 shares during the last quarter. New York State Teachers Retirement System lifted its position in shares of BILL by 5.8% during the third quarter. New York State Teachers Retirement System now owns 53,100 shares of the company's stock worth $2,813,000 after purchasing an additional 2,900 shares during the last quarter. Parnassus Investments LLC lifted its position in shares of BILL by 191.5% during the third quarter. Parnassus Investments LLC now owns 905,585 shares of the company's stock worth $47,969,000 after purchasing an additional 594,939 shares during the last quarter. State of Alaska Department of Revenue lifted its position in shares of BILL by 37.1% during the third quarter. State of Alaska Department of Revenue now owns 14,692 shares of the company's stock worth $777,000 after purchasing an additional 3,972 shares during the last quarter. Finally, Barton Investment Management lifted its holdings in BILL by 7.4% in the third quarter. Barton Investment Management now owns 15,822 shares of the company's stock worth $838,000 after acquiring an additional 1,096 shares during the last quarter. Institutional investors 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.