BILL (NYSE:BILL - Get Free Report) issued an update on its second quarter 2027 earnings guidance on Thursday. The company provided EPS guidance of 0.970-1.010 for the period, compared to the consensus estimate of 0.820. The company issued revenue guidance of $353.0 million-$363.0 million, compared to the consensus revenue estimate of $453.1 million. BILL also updated its FY 2027 guidance to 3.990-4.150 EPS.
BILL Stock Down 2.1%
Shares of BILL stock traded down $1.07 during trading hours on Thursday, hitting $50.80. 1,812,827 shares of the company's stock traded hands, compared to its average volume of 2,385,473. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.49. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of -390.76, a PEG ratio of 0.72 and a beta of 1.08. The stock's fifty day simple moving average is $47.13 and its two-hundred day simple moving average is $42.65. BILL has a 12-month low of $31.41 and a 12-month high of $57.21.
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 company had revenue of $353.77 million during the quarter, compared to analyst estimates of $438.62 million. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%. BILL has set its FY 2027 guidance at 3.990-4.150 EPS and its Q2 2027 guidance at 0.970-1.010 EPS. On average, analysts expect that BILL will post 2.29 EPS for the current year.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on BILL shares. Truist Financial lowered their price target on BILL from $52.00 to $50.00 and set a "hold" rating for the company in a research report on Friday, October 23rd. Zacks Research cut shares of BILL from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 27th. Needham & Company LLC reissued a "buy" rating on shares of BILL in a research report on Thursday, August 20th. BMO Capital Markets raised their price objective on shares of BILL from $46.00 to $55.00 and gave the company a "market perform" rating in a research note on Thursday, August 20th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of BILL from $46.00 to $54.00 and gave the stock a "market perform" rating in a report on Thursday, August 20th. Eleven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, BILL currently has an average rating of "Moderate Buy" and a consensus price target of $58.56.
View Our Latest Analysis on BILL
Insider Activity
In other news, insider Michael Cieri sold 10,754 shares of the firm's stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $49.13, for a total transaction of $528,344.02. Following the sale, the insider owned 997 shares of the company's stock, valued at $48,982.61. This trade represents a 91.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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 Lacerte sold 141,256 shares of the business's stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $48.42, for a total transaction of $6,839,615.52. Following the transaction, the chief executive officer directly owned 100,899 shares of the company's stock, valued at $4,885,529.58. The trade was a 58.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 267,997 shares of company stock worth $13,057,984 in the last 90 days. Company insiders own 13.20% of the company's stock.
BILL Company Profile
(
Get Free Report)
BILL Holdings, Inc provides financial operations software for small and midsize businesses, accountants and financial institutions. Its cloud-based platform is designed to automate and simplify back-office processes, including accounts payable, accounts receivable, expense management, budgeting and payments.
The company's offerings enable businesses to receive and pay bills, send invoices, manage expenses, establish spending controls and connect financial workflows with accounting systems.
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