BILL (NYSE:BILL) Releases Earnings Results, Beats Expectations By $0.10 EPS

BILL (NYSE:BILL) posted its earnings results on Thursday. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.51 by $0.10, Briefing.com reports. BILL had a return on equity of 1.39% and a net margin of 0.79%.The firm had revenue of $395.74 million for the quarter, compared to analysts’ expectations of $390.91 million. During the same period last year, the firm earned $0.63 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. BILL updated its FY 2026 guidance to 2.110-2.250 EPS and its Q2 2026 guidance to 0.540-0.570 EPS.

BILL Stock Up 2.7%

NYSE:BILL traded up $1.18 on Friday, hitting $45.55. 4,955,623 shares of the company’s stock were exchanged, compared to its average volume of 2,463,874. The firm has a 50-day moving average price of $50.77 and a 200-day moving average price of $46.68. BILL has a 52 week low of $36.55 and a 52 week high of $100.19. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.58 and a quick ratio of 1.58. The company has a market cap of $4.57 billion, a P/E ratio of -168.70, a price-to-earnings-growth ratio of 11.65 and a beta of 1.43.

BILL declared that its board has authorized a share repurchase plan on Wednesday, August 27th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the company to reacquire up to 7.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BILL shares. JPMorgan Chase & Co. raised their price objective on BILL from $55.00 to $60.00 and gave the stock an “overweight” rating in a research note on Friday. Oppenheimer boosted their target price on shares of BILL from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. The Goldman Sachs Group increased their price target on BILL from $54.00 to $62.00 and gave the company a “buy” rating in a report on Monday, October 13th. Susquehanna dropped their price target on BILL from $89.00 to $84.00 and set a “positive” rating on the stock in a research report on Friday. Finally, Citigroup upgraded BILL to a “strong-buy” rating in a research report on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, BILL presently has an average rating of “Moderate Buy” and a consensus target price of $58.90.

Institutional Investors Weigh In On BILL

A number of institutional investors and hedge funds have recently modified their holdings of BILL. Empowered Funds LLC grew its stake in shares of BILL by 50.3% in the first quarter. Empowered Funds LLC now owns 8,002 shares of the company’s stock valued at $367,000 after acquiring an additional 2,678 shares in the last quarter. Prudential Financial Inc. raised its stake in BILL by 19.6% in the 2nd quarter. Prudential Financial Inc. now owns 9,992 shares of the company’s stock worth $462,000 after purchasing an additional 1,637 shares in the last quarter. California Public Employees Retirement System boosted its holdings in BILL by 2.2% in the 2nd quarter. California Public Employees Retirement System now owns 167,487 shares of the company’s stock valued at $7,748,000 after purchasing an additional 3,602 shares during the period. AXA S.A. increased its holdings in shares of BILL by 121.7% during the second quarter. AXA S.A. now owns 58,346 shares of the company’s stock worth $2,699,000 after purchasing an additional 32,024 shares during the period. Finally, Bayesian Capital Management LP acquired a new stake in shares of BILL in the second quarter valued at approximately $1,624,000. 97.99% of the stock is owned by institutional investors.

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.