BILL (NYSE:BILL) Given New $84.00 Price Target at Susquehanna

BILL (NYSE:BILL) had its target price decreased by Susquehanna from $89.00 to $84.00 in a research report report published on Friday,Benzinga reports. Susquehanna currently has a positive rating on the stock.

BILL has been the topic of a number of other reports. Oppenheimer upped their price objective on BILL from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday, October 24th. Evercore ISI decreased their price target on BILL from $50.00 to $48.00 and set an “in-line” rating on the stock in a report on Thursday, August 28th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BILL in a research note on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of BILL in a research report on Thursday, July 17th. They set a “hold” rating and a $49.00 price objective on the stock. Finally, BMO Capital Markets lowered their target price on shares of BILL from $56.00 to $54.00 and set a “market perform” rating for the company in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $58.90.

BILL Price Performance

BILL stock traded up $1.18 during mid-day trading on Friday, reaching $45.55. 4,955,623 shares of the company’s stock traded hands, compared to its average volume of 2,463,874. BILL has a 12-month low of $36.55 and a 12-month high of $100.19. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.38. The stock has a 50 day moving average of $50.77 and a two-hundred day moving average of $46.68. The company has a market cap of $4.57 billion, a price-to-earnings ratio of -168.70, a PEG ratio of 11.65 and a beta of 1.43.

BILL (NYSE:BILL) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.10. The business had revenue of $395.74 million during the quarter, compared to analysts’ expectations of $390.91 million. BILL had a net margin of 0.79% and a return on equity of 1.39%. The business’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the company posted $0.63 EPS. BILL has set its FY 2026 guidance at 2.110-2.250 EPS. Q2 2026 guidance at 0.540-0.570 EPS. Equities analysts forecast that BILL will post 0.12 earnings per share for the current year.

BILL announced that its Board of Directors has authorized a share repurchase plan on Wednesday, August 27th that authorizes the company to buyback $300.00 million in shares. This buyback authorization authorizes the company to reacquire up to 7.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On BILL

A number of institutional investors have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of BILL by 66.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,878 shares of the company’s stock valued at $270,000 after purchasing an additional 2,336 shares during the period. Principal Financial Group Inc. raised its position in BILL by 2.5% during the 1st quarter. Principal Financial Group Inc. now owns 401,570 shares of the company’s stock valued at $18,428,000 after purchasing an additional 9,966 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of BILL by 5.3% in the 1st quarter. Bank of New York Mellon Corp now owns 850,800 shares of the company’s stock worth $39,043,000 after buying an additional 43,186 shares during the period. Envestnet Asset Management Inc. grew its position in shares of BILL by 24.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 98,875 shares of the company’s stock worth $4,537,000 after buying an additional 19,378 shares in the last quarter. Finally, Xponance Inc. grew its position in shares of BILL by 1.6% during the 1st quarter. Xponance Inc. now owns 13,902 shares of the company’s stock worth $638,000 after buying an additional 222 shares in the last quarter. 97.99% of the stock is owned by hedge funds and other institutional investors.

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.