BILL (NYSE:BILL) Downgraded to “Hold” Rating by Seaport Res Ptn

BILL (NYSE:BILL) was downgraded by analysts at Seaport Res Ptn from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports. Seaport Res Ptn also issued estimates for BILL’s Q1 2026 earnings at $0.09 EPS.

A number of other research firms have also recently commented on BILL. The Goldman Sachs Group decreased their target price on shares of BILL from $90.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday, April 2nd. Wells Fargo & Company dropped their target price on BILL from $65.00 to $57.00 and set an “underweight” rating on the stock in a research note on Friday, February 7th. KeyCorp lowered their price target on BILL from $85.00 to $70.00 and set an “overweight” rating for the company in a report on Tuesday, March 18th. Oppenheimer decreased their price objective on shares of BILL from $110.00 to $90.00 and set an “outperform” rating for the company in a research report on Friday, February 7th. Finally, Keefe, Bruyette & Woods cut their price target on shares of BILL from $77.00 to $54.00 and set a “market perform” rating on the stock in a research note on Monday, March 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.72.

BILL Stock Performance

Shares of NYSE:BILL opened at $40.63 on Thursday. The firm has a 50 day moving average of $48.51 and a 200 day moving average of $68.46. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of -4,063.40, a price-to-earnings-growth ratio of 29.46 and a beta of 1.88. BILL has a 52 week low of $36.55 and a 52 week high of $100.19.

BILL (NYSE:BILL) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.38). BILL had a return on equity of 1.53% and a net margin of 5.90%. On average, sell-side analysts predict that BILL will post 0.12 earnings per share for the current fiscal year.

Institutional Trading of BILL

Several hedge funds and other institutional investors have recently bought and sold shares of BILL. GAMMA Investing LLC lifted its holdings in BILL by 74.9% in the fourth quarter. GAMMA Investing LLC now owns 306 shares of the company’s stock valued at $26,000 after acquiring an additional 131 shares during the period. Crewe Advisors LLC raised its position in shares of BILL by 129.1% in the fourth quarter. Crewe Advisors LLC now owns 307 shares of the company’s stock worth $26,000 after acquiring an additional 173 shares during the period. Fifth Third Bancorp acquired a new position in shares of BILL in the fourth quarter worth about $27,000. CoreCap Advisors LLC purchased a new stake in shares of BILL during the 4th quarter worth about $30,000. Finally, Coppell Advisory Solutions LLC grew its position in shares of BILL by 202.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 369 shares of the company’s stock valued at $32,000 after acquiring an additional 247 shares during the period. 97.99% of the stock is owned by institutional investors and hedge funds.

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.