BILL (NYSE:BILL) Stock Price Up 7.1% – Should You Buy?

BILL Holdings, Inc. (NYSE:BILL)’s stock price traded up 7.1% during trading on Wednesday . The company traded as high as $43.41 and last traded at $44.2910. 146,287 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 2,632,284 shares. The stock had previously closed at $41.37.

Analysts Set New Price Targets

A number of equities analysts recently commented on BILL shares. Truist Financial lowered BILL from a “buy” rating to a “hold” rating and dropped their price target for the company from $45.00 to $35.00 in a research note on Wednesday, June 10th. Keefe, Bruyette & Woods lifted their price objective on BILL from $42.00 to $49.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 12th. Oppenheimer set a $55.00 price objective on BILL and gave the stock an “outperform” rating in a report on Friday, May 8th. JPMorgan Chase & Co. lowered their target price on BILL from $60.00 to $50.00 and set an “overweight” rating for the company in a research report on Friday, June 5th. Finally, Wall Street Zen lowered shares of BILL from a “buy” rating to a “hold” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $55.50.

BILL Trading Up 0.1%

The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. The stock’s fifty day moving average is $37.18 and its 200 day moving average is $41.18. The stock has a market cap of $4.45 billion, a P/E ratio of -4,462.44, a P/E/G ratio of 1.00 and a beta of 1.17.

BILL (NYSE:BILL) last issued 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 return on equity of 2.40% and a net margin of 0.01%.The company had revenue of $406.56 million for the quarter, compared to analysts’ expectations of $403.76 million. During the same period in the previous year, the firm posted $0.50 earnings per share. The firm’s revenue for the quarter was up 13.5% on a year-over-year basis. 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, equities research analysts predict that BILL Holdings, Inc. will post 0.95 earnings per share for the current fiscal year.

Hedge Funds Weigh In On BILL

Large investors have recently modified their holdings of the stock. UMB Bank n.a. lifted its position in BILL by 21.8% in the fourth quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock worth $73,000 after buying an additional 239 shares during the last quarter. GAMMA Investing LLC increased its position in BILL by 27.2% during the fourth quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock valued at $68,000 after acquiring an additional 266 shares during the last quarter. 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. Thrivent Financial for Lutherans increased its position in BILL by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock valued at $1,165,000 after acquiring an additional 327 shares during the last quarter. Finally, SBI Securities Co. Ltd. raised its stake in shares of BILL by 46.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock valued at $69,000 after acquiring an additional 401 shares during the period. Institutional investors own 97.99% of the company’s stock.

About BILL

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.