BILL Holdings, Inc. (NYSE:BILL) Receives Average Recommendation of “Moderate Buy” from Brokerages

BILL Holdings, Inc. (NYSE:BILL) has received a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, twelve have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $58.67.

A number of equities research analysts recently issued reports on BILL shares. Keefe, Bruyette & Woods lifted their target price on BILL from $46.00 to $54.00 and gave the company a “market perform” rating in a research report on Thursday, August 20th. Truist Financial upped their price target on BILL from $44.00 to $52.00 and gave the stock a “hold” rating in a research report on Tuesday, September 1st. Weiss Ratings cut shares of BILL from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, August 31st. Needham & Company LLC reiterated a “buy” rating on shares of BILL in a report on Thursday, August 20th. Finally, Wall Street Zen raised shares of BILL from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd.

BILL Stock Down 1.4%

BILL stock opened at $44.33 on Monday. The company has a 50 day moving average of $47.47 and a 200-day moving average of $41.28. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.49. BILL has a twelve month low of $31.41 and a twelve month high of $57.21. The stock has a market capitalization of $3.78 billion, a PE ratio of -341.00, a price-to-earnings-growth ratio of 0.67 and a beta of 1.10.

BILL (NYSE:BILL) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.13. The business had revenue of $436.19 million for the quarter, compared to analyst estimates of $430.55 million. BILL had a negative net margin of 0.68% and a positive return on equity of 3.74%. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the business posted $0.53 earnings per share. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. On average, equities research analysts anticipate that BILL will post 2.22 EPS for the current fiscal year.

Insider Transactions at BILL

In other news, CEO Rene Lacerte sold 141,256 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $48.42, for a total value of $6,839,615.52. Following the completion of the transaction, the chief executive officer owned 100,899 shares in the company, valued at $4,885,529.58. This trade represents a 58.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Cieri sold 10,754 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $49.13, for a total value of $528,344.02. Following the sale, the insider owned 997 shares in the company, valued at $48,982.61. The trade was a 91.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 267,997 shares of company stock valued at $13,057,984. Company insiders own 13.20% of the company’s stock.

Institutional Investors Weigh In On BILL

Several hedge funds have recently added to or reduced their stakes in the business. WINTON GROUP Ltd acquired a new stake in shares of BILL in the second quarter valued at approximately $4,472,000. Engineers Gate Manager LP bought a new position in BILL in the second quarter valued at approximately $965,000. Integrated Wealth Concepts LLC acquired a new position in BILL during the second quarter valued at approximately $169,000. Nykredit A S acquired a new position in BILL during the second quarter valued at approximately $143,000. Finally, Alternative Investment Advisors LLC. acquired a new position in shares of BILL during the 2nd quarter worth $2,504,000. Institutional investors and hedge funds own 97.99% of the company’s stock.

About BILL

BILL Holdings, Inc provides financial operations software for small and midsize businesses, accounting firms and financial institutions. Its cloud-based platform helps customers automate and manage accounts payable, accounts receivable, payments, expense management, budgeting and other routine financial processes.

The company’s offerings include BILL Accounts Payable and BILL Accounts Receivable, which support invoice processing, approvals, billing and payment collection. BILL also provides spend and expense management tools, including budgeting, corporate cards and employee expense tracking, along with integrations that connect its platform to accounting and business-management systems.

Founded in 2006 by René Lacerte, the company was originally known as Bill.com and became publicly traded on the New York Stock Exchange in 2019.