Equities research analysts expect Bottomline Technologies (NASDAQ:EPAY) to post earnings per share (EPS) of $0.33 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Bottomline Technologies’ earnings. The lowest EPS estimate is $0.32 and the highest is $0.35. Bottomline Technologies reported earnings per share of $0.35 in the same quarter last year, which suggests a negative year over year growth rate of 5.7%. The firm is expected to announce its next earnings results on Thursday, January 30th.

On average, analysts expect that Bottomline Technologies will report full-year earnings of $1.39 per share for the current financial year, with EPS estimates ranging from $1.35 to $1.41. For the next year, analysts expect that the firm will post earnings of $1.56 per share, with EPS estimates ranging from $1.55 to $1.58. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Bottomline Technologies.

Bottomline Technologies (NASDAQ:EPAY) last released its earnings results on Friday, November 8th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.02. The company had revenue of $108.20 million during the quarter, compared to analyst estimates of $105.98 million. Bottomline Technologies had a net margin of 2.10% and a return on equity of 5.75%. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.33 EPS.

EPAY has been the topic of several research reports. DA Davidson raised their price target on Bottomline Technologies to $42.00 and gave the company a “neutral” rating in a research note on Thursday, September 26th. William Blair lowered Bottomline Technologies from a “market perform” rating to an “underperform” rating in a research note on Friday, November 8th. Raymond James raised their price target on Bottomline Technologies from $55.00 to $57.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Barrington Research restated a “buy” rating and set a $57.50 price target on shares of Bottomline Technologies in a research note on Friday, August 9th. Finally, BidaskClub upgraded Bottomline Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, November 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Bottomline Technologies presently has an average rating of “Buy” and a consensus target price of $52.58.

In other Bottomline Technologies news, CEO Robert A. Eberle sold 13,945 shares of the firm’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $40.99, for a total value of $571,605.55. Following the completion of the sale, the chief executive officer now owns 497,681 shares of the company’s stock, valued at $20,399,944.19. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jeffrey C. Leathe sold 5,000 shares of Bottomline Technologies stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $40.75, for a total value of $203,750.00. Following the sale, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $203,750. The disclosure for this sale can be found here. In the last three months, insiders sold 38,066 shares of company stock valued at $1,583,993. Corporate insiders own 2.60% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in EPAY. Marshall Wace LLP acquired a new stake in shares of Bottomline Technologies during the first quarter worth about $45,000. KAMES CAPITAL plc acquired a new position in Bottomline Technologies in the second quarter valued at approximately $25,246,000. Oregon Public Employees Retirement Fund lifted its holdings in Bottomline Technologies by 4.9% in the second quarter. Oregon Public Employees Retirement Fund now owns 14,876 shares of the technology company’s stock valued at $658,000 after acquiring an additional 700 shares during the period. We Are One Seven LLC lifted its holdings in Bottomline Technologies by 31.9% in the second quarter. We Are One Seven LLC now owns 9,065 shares of the technology company’s stock valued at $401,000 after acquiring an additional 2,194 shares during the period. Finally, Mitsubishi UFJ Asset Management UK Ltd. acquired a new position in Bottomline Technologies in the second quarter valued at approximately $841,000. 87.87% of the stock is owned by hedge funds and other institutional investors.

Bottomline Technologies stock traded up $0.82 during midday trading on Thursday, hitting $47.76. The stock had a trading volume of 181,400 shares, compared to its average volume of 275,791. Bottomline Technologies has a 52-week low of $37.04 and a 52-week high of $57.35. The company has a market capitalization of $2.06 billion, a PE ratio of 49.24 and a beta of 1.00. The firm’s fifty day moving average is $40.80 and its two-hundred day moving average is $42.83. The company has a current ratio of 1.63, a quick ratio of 1.70 and a debt-to-equity ratio of 0.35.

Bottomline Technologies Company Profile

Bottomline Technologies (de), Inc provides software as a service based solutions. It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Transactional Documents, and Other. The company's products and services include Paymode-X, a cloud-based payment network, which allows businesses to transition to electronic integrated payables; and cloud-based financial messaging solutions that enable banks and corporations to exchange financial information, such as payment instructions, cash reporting, and other messages to facilitate transaction settlement.

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