Seaport Res Ptn Issues Positive Forecast for BILL Earnings

BILL Holdings, Inc. (NYSE:BILL - Free Report) - Analysts at Seaport Res Ptn boosted their Q4 2026 earnings per share (EPS) estimates for shares of BILL in a research report issued to clients and investors on Monday, July 14th. Seaport Res Ptn analyst J. Cantwell now anticipates that the company will earn $0.02 per share for the quarter, up from their prior forecast of $0.01. Seaport Res Ptn currently has a "Hold" rating on the stock. The consensus estimate for BILL's current full-year earnings is $0.12 per share.

A number of other analysts have also commented on BILL. Needham & Company LLC reissued a "buy" rating and set a $75.00 price target on shares of BILL in a research note on Thursday, June 26th. Piper Sandler lowered their price objective on BILL from $85.00 to $70.00 and set an "overweight" rating for the company in a research report on Thursday, April 10th. Robert W. Baird lowered their price objective on BILL from $55.00 to $52.00 and set a "neutral" rating for the company in a research report on Friday. UBS Group raised their price objective on BILL from $60.00 to $65.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Finally, Truist Financial raised their price objective on BILL from $47.00 to $50.00 and gave the stock a "hold" rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $62.10.

BILL Price Performance

NYSE:BILL traded down $1.66 during trading hours on Wednesday, hitting $45.76. The company's stock had a trading volume of 960,918 shares, compared to its average volume of 2,352,979. The stock has a fifty day simple moving average of $45.33 and a 200-day simple moving average of $55.14. The company has a market capitalization of $4.71 billion, a P/E ratio of -383.06, a PEG ratio of 9.72 and a beta of 1.35. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.69 and a quick ratio of 1.69. BILL has a twelve month low of $36.55 and a twelve month high of $100.19.

BILL (NYSE:BILL - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.13. The business had revenue of $358.22 million for the quarter, compared to analyst estimates of $355.85 million. BILL had a return on equity of 1.21% and a net margin of 2.70%. BILL's revenue was up 10.9% compared to the same quarter last year. During the same period last year, the firm posted $0.60 earnings per share.

Insiders Place Their Bets

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

Institutional Trading of BILL

Several institutional investors and hedge funds have recently modified their holdings of the business. Price T Rowe Associates Inc. MD grew its position in shares of BILL by 10.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,879,448 shares of the company's stock worth $1,091,019,000 after buying an additional 1,241,432 shares during the last quarter. Groupama Asset Managment grew its position in shares of BILL by 162.8% in the 4th quarter. Groupama Asset Managment now owns 5,650,000 shares of the company's stock worth $478,611,000 after buying an additional 3,500,000 shares during the last quarter. Temasek Holdings Private Ltd grew its position in shares of BILL by 36.4% in the 1st quarter. Temasek Holdings Private Ltd now owns 3,719,895 shares of the company's stock worth $170,706,000 after buying an additional 992,591 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of BILL by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 2,490,921 shares of the company's stock worth $114,308,000 after buying an additional 475,100 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of BILL by 110.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company's stock valued at $114,265,000 after purchasing an additional 1,309,337 shares in the last quarter. Hedge funds and other 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.