BILL Holdings, Inc. (NYSE:BILL) Stock Rated "Moderate Buy" by Sell-Side Analysts

Key Points

• Analysts give BILL a “Moderate Buy” consensus: Of 20 covering firms, 11 rate the stock a buy, seven hold it, one rates it a sell, and one rates it a strong buy. The average 12-month price target is $58.67.
• BILL reported quarterly EPS of $0.84, exceeding the $0.71 consensus estimate, while revenue of $436.19 million also topped expectations and increased 13.8% year over year.
• The stock opened at $46.85, compared with a 52-week range of $31.41 to $57.21. Insiders sold $13.1 million worth of shares during the last quarter, while institutional investors own approximately 98% of the company.

BILL Holdings, Inc. (NYSE:BILL - Get Free Report) has received a consensus rating of "Moderate Buy" from the twenty research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $58.67.

Several research analysts have weighed in on the stock. Weiss Ratings lowered shares of BILL from a "sell (d+)" rating to a "sell (d)" rating in a research note on Monday, August 31st. TD Cowen initiated coverage on shares of BILL in a research note on Monday, June 22nd. They issued a "buy" rating and a $43.00 price target on the stock. Wolfe Research boosted their price target on shares of BILL from $57.00 to $60.00 and gave the company an "outperform" rating in a research note on Tuesday, August 25th. Needham & Company LLC restated a "buy" rating on shares of BILL in a report on Thursday, August 20th. Finally, Truist Financial upped their price objective on shares of BILL from $44.00 to $52.00 and gave the stock a "hold" rating in a report on Tuesday, September 1st.

BILL Stock Performance

Shares of BILL stock opened at $46.85 on Friday. The firm has a market cap of $4.00 billion, a PE ratio of -360.37, a price-to-earnings-growth ratio of 0.64 and a beta of 1.13. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.49. BILL has a 52 week low of $31.41 and a 52 week high of $57.21. The business's fifty day simple moving average is $47.04 and its 200-day simple moving average is $41.66.

BILL (NYSE:BILL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.13. The firm had revenue of $436.19 million during the quarter, compared to the consensus estimate of $430.55 million. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%. The company's quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the company earned $0.53 EPS. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. Equities analysts forecast that BILL will post 2.30 earnings per share for the current year.

Insider Activity at BILL

In other news, insider Michael Cieri sold 10,754 shares of the firm's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $49.13, for a total transaction of $528,344.02. Following the completion of the transaction, the insider directly owned 997 shares in the company, valued at $48,982.61. This trade represents a 91.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Rene A. Lacerte sold 42,248 shares of the firm's stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $50.17, for a total value of $2,119,582.16. Following the transaction, the chief executive officer owned 163,125 shares of the company's stock, valued at approximately $8,183,981.25. This represents a 20.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 267,997 shares of company stock valued at $13,057,984 in the last quarter. 13.20% of the stock is owned by insiders.

Institutional Investors Weigh In On BILL

Institutional investors and hedge funds have recently modified their holdings of the company. Versant Capital Management Inc boosted its holdings in BILL by 147.3% during the 2nd quarter. Versant Capital Management Inc now owns 722 shares of the company's stock valued at $26,000 after acquiring an additional 430 shares during the period. State of Wyoming purchased a new stake in BILL during the first quarter worth about $32,000. Rockefeller Capital Management L.P. increased its stake in BILL by 173.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company's stock worth $39,000 after purchasing an additional 452 shares during the period. Geneos Wealth Management Inc. purchased a new stake in BILL during the first quarter worth about $57,000. Finally, Ascentis Independent Advisors acquired a new stake in shares of BILL during the first quarter worth about $58,000. Hedge funds and other institutional investors own 97.99% of the company's stock.

About BILL

BILL Holdings, Inc provides cloud-based financial operations software and payment services for small and midsize businesses and the accounting firms that serve them. Its platform is designed to help businesses manage accounts payable, accounts receivable, expenses, budgets and payment workflows in one system.

The company's offerings include tools for automating bill entry, approval and payment; creating and sending invoices; accepting customer payments; managing employee spending and expenses; and improving visibility into cash flow.

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