BILL (NYSE:BILL) Price Target Raised to $44.00

BILL (NYSE:BILL) had its price objective increased by Truist Financial from $38.00 to $44.00 in a research note released on Friday morning, MarketBeat Ratings reports. They currently have a hold rating on the stock.

Other equities analysts have also recently issued reports about the company. The Goldman Sachs Group raised their price objective on BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Oppenheimer set a $55.00 price target on shares of BILL and gave the stock an “outperform” rating in a research report on Friday, May 8th. BMO Capital Markets lifted their price target on shares of BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Morgan Stanley set a $55.00 price objective on shares of BILL in a research report on Friday, May 8th. Finally, Keefe, Bruyette & Woods increased their price objective on shares of BILL from $42.00 to $49.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 12th. Twelve analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $55.95.

BILL Trading Up 0.0%

BILL opened at $43.53 on Friday. BILL has a 12-month low of $31.41 and a 12-month high of $57.21. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.66 and a quick ratio of 1.66. The stock has a market capitalization of $4.34 billion, a PE ratio of -4,348.35, a P/E/G ratio of 0.98 and a beta of 1.17. The firm’s fifty day moving average price is $37.52 and its 200 day moving average price is $40.74.

BILL (NYSE:BILL) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.13. BILL had a net margin of 0.01% and a return on equity of 2.40%. The company had revenue of $406.56 million during the quarter, compared to analyst estimates of $403.76 million. During the same period last year, the business earned $0.50 EPS. The firm’s revenue for the quarter was up 13.5% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. As a group, research analysts expect that BILL will post 0.95 EPS for the current fiscal year.

Institutional Investors Weigh In On BILL

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. ER Collective Holdings LLC acquired a new stake in BILL during the 4th quarter worth about $464,588,000. Senvest Management LLC increased its position in shares of BILL by 155.8% in the fourth quarter. Senvest Management LLC now owns 2,573,261 shares of the company’s stock worth $140,346,000 after acquiring an additional 1,567,186 shares in the last quarter. Contour Asset Management LLC raised its holdings in shares of BILL by 45.5% during the fourth quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company’s stock valued at $256,914,000 after acquiring an additional 1,472,132 shares during the period. Marshall Wace LLP raised its holdings in shares of BILL by 190.8% during the third quarter. Marshall Wace LLP now owns 2,166,899 shares of the company’s stock valued at $114,781,000 after acquiring an additional 1,421,785 shares during the period. Finally, Norges Bank purchased a new stake in shares of BILL in the 4th quarter valued at approximately $54,275,000. 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.