BILL (NYSE:BILL) Issues FY 2027 Earnings Guidance

BILL (NYSE:BILL) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.560-3.790 for the period, compared to the consensus estimate of 3.000. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion. BILL also updated its Q1 2027 guidance to 0.960-1.000 EPS.

BILL Stock Down 3.2%

Shares of NYSE:BILL traded down $1.55 during midday trading on Wednesday, hitting $47.62. 4,542,857 shares of the company’s stock traded hands, compared to its average volume of 2,618,360. The firm’s fifty day moving average price is $41.42 and its two-hundred day moving average price is $40.53. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. BILL has a twelve month low of $31.41 and a twelve month high of $57.21. The company has a market cap of $4.74 billion, a PE ratio of -4,757.24, a P/E/G ratio of 1.12 and a beta of 1.13.

BILL (NYSE:BILL) last issued its earnings results on Wednesday, August 19th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.13. The company had revenue of $436.19 million during the quarter, compared to the consensus estimate of $430.55 million. BILL had a return on equity of 2.40% and a net margin of 0.01%.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 0.95 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on BILL shares. BMO Capital Markets raised their target price on BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a research note on Friday, May 8th. Wall Street Zen downgraded BILL from a “buy” rating to a “hold” rating in a report on Monday, July 13th. Zacks Research cut shares of BILL from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Keefe, Bruyette & Woods raised their price target on BILL from $42.00 to $49.00 and gave the stock a “market perform” rating in a report on Tuesday, May 12th. Finally, Truist Financial boosted their price objective on BILL from $38.00 to $44.00 and gave the company a “hold” rating in a research report on Friday, July 24th. Twelve equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, BILL has an average rating of “Hold” and an average price target of $55.95.

Institutional Investors Weigh In On BILL

A number of hedge funds have recently made changes to their positions in BILL. Aster Capital Management DIFC Ltd acquired a new position in shares of BILL during the fourth quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd grew its holdings in BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after buying an additional 486 shares in the last quarter. UMB Bank n.a. increased its position in BILL by 21.8% in the 4th quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock valued at $73,000 after acquiring an additional 239 shares during the period. Tower Research Capital LLC TRC increased its position in BILL by 43.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,469 shares of the company’s stock valued at $160,000 after acquiring an additional 1,052 shares during the period. Finally, Quarry LP bought a new stake in BILL during the 3rd quarter valued at $199,000. 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.