Bottomline Technologies, Inc. (NASDAQ:EPAY) – Investment analysts at First Analysis issued their Q1 2019 earnings estimates for Bottomline Technologies in a research note issued on Thursday. First Analysis analyst L. Berlin anticipates that the technology company will post earnings of $0.31 per share for the quarter.

Bottomline Technologies (NASDAQ:EPAY) last released its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.05. The firm had revenue of $91.30 million during the quarter, compared to the consensus estimate of $89.70 million. Bottomline Technologies had a positive return on equity of 5.84% and a negative net margin of 7.51%. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.22 earnings per share. COPYRIGHT VIOLATION NOTICE: “Bottomline Technologies, Inc. Expected to Post Q1 2019 Earnings of $0.31 Per Share (EPAY)” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2017/11/18/bottomline-technologies-inc-expected-to-post-q1-2019-earnings-of-0-31-per-share-epay.html.

Other equities analysts have also issued research reports about the company. Needham & Company LLC reiterated a “buy” rating and issued a $33.00 target price (up previously from $31.00) on shares of Bottomline Technologies in a research note on Friday, August 11th. Zacks Investment Research upgraded Bottomline Technologies from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research note on Wednesday, November 8th. Craig Hallum upgraded Bottomline Technologies from a “hold” rating to a “buy” rating in a research note on Friday, August 11th. Royal Bank Of Canada reiterated a “hold” rating and issued a $29.00 target price on shares of Bottomline Technologies in a research note on Friday, August 11th. Finally, BidaskClub lowered Bottomline Technologies from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $34.00.

Bottomline Technologies (EPAY) traded down $0.46 during mid-day trading on Friday, hitting $33.03. The company had a trading volume of 781,568 shares, compared to its average volume of 441,365. The company has a market capitalization of $1,320.00, a P/E ratio of 80.85, a P/E/G ratio of 5.76 and a beta of 1.16. Bottomline Technologies has a 12-month low of $21.52 and a 12-month high of $34.89.

In related news, insider Norman J. Deluca sold 1,584 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $33.06, for a total value of $52,367.04. Following the sale, the insider now owns 99,633 shares in the company, valued at $3,293,866.98. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John Francis Kelly sold 2,913 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $33.75, for a total value of $98,313.75. Following the completion of the sale, the insider now owns 35,549 shares in the company, valued at approximately $1,199,778.75. The disclosure for this sale can be found here. 2.40% of the stock is owned by corporate insiders.

Large investors have recently made changes to their positions in the business. Global X Management Co. LLC lifted its holdings in Bottomline Technologies by 399.3% in the second quarter. Global X Management Co. LLC now owns 5,752 shares of the technology company’s stock valued at $148,000 after acquiring an additional 4,600 shares during the period. Macquarie Group Ltd. acquired a new position in Bottomline Technologies in the third quarter valued at approximately $204,000. Crossmark Global Holdings Inc. acquired a new position in Bottomline Technologies in the third quarter valued at approximately $217,000. State of Alaska Department of Revenue lifted its holdings in Bottomline Technologies by 71.1% in the second quarter. State of Alaska Department of Revenue now owns 7,133 shares of the technology company’s stock valued at $183,000 after acquiring an additional 2,963 shares during the period. Finally, FDx Advisors Inc. acquired a new position in Bottomline Technologies in the third quarter valued at approximately $227,000. 91.95% of the stock is owned by institutional investors.

About Bottomline Technologies

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.

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