Morgan Stanley Lowers BILL (NYSE:BILL) Price Target to $50.00

BILL (NYSE:BILL) had its price target reduced by analysts at Morgan Stanley from $55.00 to $50.00 in a report released on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s price objective would suggest a potential upside of 31.88% from the stock’s current price.

A number of other analysts have also weighed in on BILL. BTIG Research restated a “buy” rating and set a $60.00 price objective on shares of BILL in a research note on Monday, February 2nd. Needham & Company LLC reissued a “buy” rating and issued a $75.00 price objective on shares of BILL in a report on Friday, February 6th. BMO Capital Markets dropped their price objective on shares of BILL from $50.00 to $46.00 and set a “market perform” rating on the stock in a report on Friday, February 6th. Jefferies Financial Group reaffirmed a “buy” rating on shares of BILL in a report on Friday, February 6th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of BILL from $60.00 to $49.00 and set a “market perform” rating on the stock in a report on Friday, February 6th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $55.57.

BILL Trading Up 1.8%

Shares of NYSE:BILL traded up $0.66 on Thursday, hitting $37.91. The company had a trading volume of 468,428 shares, compared to its average volume of 2,555,383. The firm’s 50-day simple moving average is $40.07 and its two-hundred day simple moving average is $46.47. BILL has a 1 year low of $34.44 and a 1 year high of $57.21. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of -157.69, a P/E/G ratio of 3.38 and a beta of 1.32.

BILL (NYSE:BILL) last posted its earnings results on Thursday, February 5th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.56 by $0.08. BILL had a negative net margin of 1.56% and a positive return on equity of 1.70%. The firm had revenue of $414.67 million during the quarter, compared to analysts’ expectations of $399.71 million. During the same period last year, the company posted $0.56 EPS. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. Equities analysts anticipate that BILL will post 0.59 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its position in BILL by 1.7% during the first quarter. Oregon Public Employees Retirement Fund now owns 18,100 shares of the company’s stock valued at $693,000 after acquiring an additional 300 shares during the last quarter. Resonant Capital Advisors LLC purchased a new stake in BILL in the first quarter worth about $320,000. Burney Co. purchased a new stake in BILL in the first quarter worth about $1,177,000. Credit Industriel ET Commercial purchased a new stake in BILL in the first quarter worth about $1,532,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of BILL during the first quarter valued at about $58,000. 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. It also offers onboarding implementation support, and ongoing support and training services.