BMO Capital Markets Lowers BILL (NYSE:BILL) Price Target to $50.00

Key Points

• BMO Capital Markets has lowered its price target for BILL (NYSE:BILL) from $52.00 to $50.00, indicating a potential upside of 9.95% from the stock's previous close.
• The average rating for BILL among analysts is Hold, with a consensus target price of $60.25, while ten analysts rate it as a Buy.
• BILL announced a stock repurchase program of $300 million, allowing the company to buy back up to 7.2% of its outstanding shares, a move generally seen as a sign of undervaluation.

BILL (NYSE:BILL - Get Free Report) had its price objective dropped by BMO Capital Markets from $52.00 to $50.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a "market perform" rating on the stock. BMO Capital Markets' price objective indicates a potential upside of 9.95% from the stock's previous close.

Several other equities analysts have also issued reports on BILL. BTIG Research assumed coverage on BILL in a research note on Wednesday, April 30th. They set a "buy" rating and a $60.00 target price on the stock. Wells Fargo & Company decreased their target price on BILL from $43.00 to $40.00 and set an "underweight" rating on the stock in a research note on Friday, May 9th. UBS Group increased their price target on BILL from $60.00 to $65.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Oppenheimer increased their price target on BILL from $50.00 to $55.00 and gave the company an "outperform" rating in a research report on Friday, May 9th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $75.00 price target on shares of BILL in a research report on Thursday. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, BILL has an average rating of "Hold" and a consensus target price of $60.25.

BILL Price Performance

BILL opened at $45.48 on Thursday. The stock's 50-day moving average price is $44.02 and its 200 day moving average price is $45.92. BILL has a 12-month low of $36.55 and a 12-month high of $100.19. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.43. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of -384.03, a PEG ratio of 9.02 and a beta of 1.35.

BILL (NYSE:BILL - Get Free Report) last posted its earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.12. BILL had a return on equity of 1.21% and a net margin of 2.70%.The firm had revenue of $383.35 million for the quarter, compared to analyst estimates of $376.43 million. During the same quarter in the prior year, the company earned $0.57 EPS. BILL's revenue 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. As a group, sell-side analysts expect that BILL will post 0.12 earnings per share for the current year.

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

Insider Activity

In other news, SVP Germaine Cota sold 1,718 shares of the firm's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $42.55, for a total transaction of $73,100.90. Following the sale, the senior vice president owned 9,512 shares of the company's stock, valued at approximately $404,735.60. This trade represents a 15.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Rajesh A. Aji sold 1,780 shares of the firm's stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $45.25, for a total value of $80,545.00. Following the sale, the insider directly owned 9,298 shares in the company, valued at $420,734.50. This trade represents a 16.07% decrease in their position. The disclosure for this sale can be found here. 4.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On BILL

Several hedge funds and other institutional investors have recently made changes to their positions in BILL. CoreCap Advisors LLC purchased a new position in BILL during the 4th quarter worth approximately $30,000. Fifth Third Bancorp grew its stake in BILL by 134.1% during the 1st quarter. Fifth Third Bancorp now owns 749 shares of the company's stock worth $34,000 after buying an additional 429 shares during the last quarter. Quarry LP grew its stake in BILL by 85.9% during the 1st quarter. Quarry LP now owns 766 shares of the company's stock worth $35,000 after buying an additional 354 shares during the last quarter. Brooklyn Investment Group grew its stake in BILL by 73.6% during the 1st quarter. Brooklyn Investment Group now owns 889 shares of the company's stock worth $41,000 after buying an additional 377 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in BILL by 2,189.1% during the 1st quarter. Farther Finance Advisors LLC now owns 1,053 shares of the company's stock worth $48,000 after buying an additional 1,007 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

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.

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