Bottomline Technologies Inc. (NASDAQ:EPAY) – Equities research analysts at First Analysis issued their Q1 2018 earnings per share (EPS) estimates for shares of Bottomline Technologies in a research note issued to investors on Wednesday. First Analysis analyst L. Berlin anticipates that the firm will post earnings of $0.24 per share for the quarter.

Bottomline Technologies (NASDAQ:EPAY) last issued its earnings results on Wednesday, November 2nd. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The company had revenue of $83.08 million for the quarter, compared to analysts’ expectations of $84.38 million. Bottomline Technologies had a negative net margin of 7.54% and a positive return on equity of 7.39%. The firm’s revenue was up .2% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 EPS.

Several other brokerages have also issued reports on EPAY. RBC Capital Markets assumed coverage on shares of Bottomline Technologies in a research report on Friday, September 30th. They set a “sector perform” rating and a $26.00 target price for the company. Royal Bank Of Canada began coverage on shares of Bottomline Technologies in a research report on Friday, September 30th. They issued a “sector perform” rating and a $26.00 price target for the company. Zacks Investment Research upgraded shares of Bottomline Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, October 26th. Needham & Company LLC dropped their price target on shares of Bottomline Technologies from $30.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, August 26th. Finally, Canaccord Genuity dropped their price target on shares of Bottomline Technologies from $28.00 to $25.00 and set a “hold” rating for the company in a research report on Friday, August 26th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Bottomline Technologies presently has a consensus rating of “Hold” and an average price target of $28.00.

Shares of Bottomline Technologies (NASDAQ:EPAY) traded up 0.52% during trading on Thursday, reaching $24.94. 289,547 shares of the company were exchanged. Bottomline Technologies has a 1-year low of $18.48 and a 1-year high of $31.58. The company’s market capitalization is $945.85 million. The stock’s 50 day moving average is $22.87 and its 200 day moving average is $22.81.

Large investors have recently added to or reduced their stakes in the stock. North Star Asset Management Inc. increased its stake in Bottomline Technologies by 8.3% in the third quarter. North Star Asset Management Inc. now owns 1,037,505 shares of the company’s stock worth $24,184,000 after buying an additional 79,385 shares during the last quarter. GW&K Investment Management LLC increased its stake in Bottomline Technologies by 12.2% in the second quarter. GW&K Investment Management LLC now owns 108,450 shares of the company’s stock worth $2,335,000 after buying an additional 11,780 shares during the last quarter. Prudential Financial Inc. increased its stake in Bottomline Technologies by 61.6% in the second quarter. Prudential Financial Inc. now owns 163,255 shares of the company’s stock worth $3,515,000 after buying an additional 62,220 shares during the last quarter. Henderson Group PLC increased its stake in Bottomline Technologies by 57.6% in the second quarter. Henderson Group PLC now owns 573,090 shares of the company’s stock worth $12,339,000 after buying an additional 209,518 shares during the last quarter. Finally, BlackRock Advisors LLC increased its stake in Bottomline Technologies by 60.8% in the second quarter. BlackRock Advisors LLC now owns 484,733 shares of the company’s stock worth $10,436,000 after buying an additional 183,343 shares during the last quarter. 94.81% of the stock is currently owned by institutional investors.

In related news, insider Norman J. Deluca sold 2,500 shares of the company’s stock in a transaction on Monday, October 17th. The shares were sold at an average price of $22.10, for a total transaction of $55,250.00. Following the sale, the insider now owns 110,873 shares of the company’s stock, valued at $2,450,293.30. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Robert A. Eberle sold 35,992 shares of the company’s stock in a transaction on Tuesday, November 8th. The shares were sold at an average price of $22.36, for a total transaction of $804,781.12. Following the sale, the insider now directly owns 410,176 shares in the company, valued at approximately $9,171,535.36. The disclosure for this sale can be found here. Corporate insiders own 3.20% of the company’s stock.

Bottomline Technologies Company Profile

Bottomline Technologies (de), Inc is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer’s location.

5 Day Chart for NASDAQ:EPAY

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