BILL (BILL) Scheduled to Post Earnings on Thursday

BILL (NYSE:BILL) will be announcing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.49 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

BILL (NYSE:BILL) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.11. The firm had revenue of $343.67 million for the quarter, compared to the consensus estimate of $328.27 million. BILL had a negative net margin of 2.24% and a positive return on equity of 1.13%. BILL’s quarterly revenue was up 16.1% compared to the same quarter last year. During the same period last year, the firm posted $0.10 EPS. On average, analysts expect BILL to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

BILL Trading Up 1.6 %

Shares of NYSE:BILL opened at $59.30 on Wednesday. The company has a market cap of $6.14 billion, a PE ratio of -88.51 and a beta of 1.59. The company’s 50-day moving average price is $54.53 and its 200 day moving average price is $53.35. BILL has a fifty-two week low of $43.11 and a fifty-two week high of $87.05. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.22.

Wall Street Analyst Weigh In

Several analysts recently weighed in on BILL shares. Wolfe Research downgraded shares of BILL from an “outperform” rating to a “peer perform” rating in a research report on Thursday, August 1st. Mizuho lowered their target price on shares of BILL from $60.00 to $52.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 28th. Evercore ISI lowered their target price on shares of BILL from $70.00 to $60.00 and set an “in-line” rating on the stock in a research note on Friday, August 23rd. The Goldman Sachs Group raised their target price on shares of BILL from $54.00 to $60.00 and gave the company a “neutral” rating in a research note on Monday, October 14th. Finally, Wells Fargo & Company lowered their target price on shares of BILL from $60.00 to $45.00 and set an “underweight” rating on the stock in a research note on Tuesday, August 20th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $70.71.

Insider Transactions at BILL

In other news, Director Alison Wagonfeld sold 519 shares of BILL stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $57.50, for a total value of $29,842.50. Following the transaction, the director now directly owns 1,038 shares of the company’s stock, valued at $59,685. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, SVP Germaine Cota sold 803 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $54.75, for a total transaction of $43,964.25. Following the completion of the sale, the senior vice president now directly owns 6,861 shares in the company, valued at approximately $375,639.75. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Alison Wagonfeld sold 519 shares of the firm’s stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $57.50, for a total transaction of $29,842.50. Following the sale, the director now owns 1,038 shares of the company’s stock, valued at approximately $59,685. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have bought 68,372 shares of company stock valued at $3,404,826 and have sold 3,808 shares valued at $209,866. 4.20% of the stock is currently owned by insiders.

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.