BILL Holdings, Inc. (NYSE:BILL) Stock Rated "Moderate Buy" by Wall Street Analysts

Key Points

• Analyst sentiment is moderately positive: Of 18 analysts covering BILL, 10 rate it a buy, seven a hold and one a sell. Their average 12-month price target is $58.82, with TD Cowen recently raising its target to $66.
• Quarterly results were mixed: BILL reported earnings of $1.18 per share, above the $0.98 consensus, but revenue of $353.77 million fell short of estimates and declined 10.6% year over year.
• Insiders have been selling shares: Company insiders sold 267,997 shares worth about $13.1 million over the past 90 days. CEO Rene A. Lacerte’s sale of 141,256 shares reduced his direct stake by 58.33%.

BILL Holdings, Inc. (NYSE:BILL - Get Free Report) has been given an average rating of "Moderate Buy" by the eighteen analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $58.82.

A number of equities research analysts have commented on BILL shares. UBS Group upped their price target on BILL from $55.00 to $60.00 and gave the company a "buy" rating in a research report on Thursday, August 20th. TD Cowen raised their price objective on BILL from $59.00 to $66.00 and gave the stock a "buy" rating in a research report on Monday. Wall Street Zen raised BILL from a "hold" rating to a "buy" rating in a research note on Saturday, August 22nd. Wolfe Research lifted their price objective on BILL from $57.00 to $60.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 25th. Finally, Oppenheimer upped their target price on BILL from $55.00 to $60.00 and gave the company an "outperform" rating in a report on Friday.

Insider Activity at BILL

In other news, CEO Rene A. Lacerte sold 141,256 shares of the company's stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $48.42, for a total value of $6,839,615.52. Following the sale, the chief executive officer directly owned 100,899 shares of the company's stock, valued at approximately $4,885,529.58. This represents a 58.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michael Cieri sold 10,754 shares of the company's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $49.13, for a total transaction of $528,344.02. Following the completion of the sale, the insider directly owned 997 shares in the company, valued at approximately $48,982.61. This represents a 91.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders have sold 267,997 shares of company stock valued at $13,057,984. Company insiders own 14.50% of the company's stock.

Hedge Funds Weigh In On BILL

Hedge funds have recently bought and sold shares of the company. Intech Investment Management LLC bought a new position in shares of BILL in the 3rd quarter worth about $1,805,000. Hantz Financial Services Inc. lifted its stake in shares of BILL by 27.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 4,095 shares of the company's stock valued at $174,000 after purchasing an additional 870 shares during the period. Maryland State Retirement & Pension System acquired a new position in shares of BILL in the 3rd quarter valued at about $200,000. Allspring Global Investments Holdings LLC bought a new stake in shares of BILL during the 3rd quarter valued at about $35,983,000. Finally, CenterBook Partners LP bought a new stake in shares of BILL during the 3rd quarter valued at about $449,000. Institutional investors own 97.99% of the company's stock.

BILL Stock Performance

Shares of BILL stock opened at $53.88 on Tuesday. 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 twelve month low of $31.41 and a twelve month high of $57.21. The stock has a market cap of $4.63 billion, a price-to-earnings ratio of 105.64, a P/E/G ratio of 0.75 and a beta of 1.08. The company's fifty day moving average is $47.33 and its 200 day moving average is $42.75.

BILL (NYSE:BILL - Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The company reported $1.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.20. The business had revenue of $353.77 million during the quarter, compared to the consensus estimate of $438.62 million. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%. BILL's quarterly revenue was down 10.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.61 earnings per share. BILL has set its FY 2027 guidance at 3.990-4.150 EPS and its Q2 2027 guidance at 0.970-1.010 EPS. Sell-side analysts forecast that BILL will post 2.29 EPS for the current year.

Key BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: TD Cowen raised its price target to $66 from $59 and kept a “buy” rating, implying meaningful upside from the cited $53.88 share price. TD Cowen price-target update
• Positive Sentiment: Citigroup lifted its target to $60 from $55 and assigned a “buy” rating, adding to the positive analyst sentiment. Citigroup price-target update
• Positive Sentiment: A separate report said BILL’s price target was raised to $58, another upward revision. Report on BILL price-target increase

BILL Company Profile

BILL NYSE: BILL, formerly known as Bill.com, provides cloud-based financial operations software for small and midsize businesses and the accounting firms that support them. Its platform helps organizations manage accounts payable and accounts receivable, digitize invoices, and automate financial workflows.

Products and services include tools for invoice processing, bill payment, customer invoicing, payment collection, and spend and expense management. BILL also connects businesses with suppliers, customers, and accounting software, helping reduce manual data entry and coordinate financial information.

Founded in 2006 by René Lacerte, the company is headquartered in San Jose, California.

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