BILL Holdings, Inc. (NYSE:BILL) Receives $58.86 Average Price Target from Brokerages

Shares of BILL Holdings, Inc. (NYSE:BILL) have been assigned an average rating of “Hold” from the twenty-five analysts that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $58.8571.

Several research firms have commented on BILL. Keefe, Bruyette & Woods lowered their target price on shares of BILL from $56.00 to $48.00 and set a “market perform” rating on the stock in a research report on Friday, November 7th. JPMorgan Chase & Co. increased their price objective on BILL from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Piper Sandler lowered BILL from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $70.00 to $50.00 in a report on Thursday, August 28th. William Blair reiterated a “market perform” rating on shares of BILL in a report on Friday, November 7th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $75.00 price target on shares of BILL in a research report on Thursday, August 28th.

Insider Buying and Selling

In other BILL news, SVP Germaine Cota sold 1,104 shares of the business’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $51.23, for a total transaction of $56,557.92. Following the completion of the transaction, the senior vice president owned 10,812 shares of the company’s stock, valued at $553,898.76. The trade was a 9.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 13.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On BILL

A number of institutional investors have recently made changes to their positions in BILL. Thrivent Financial for Lutherans boosted its stake in BILL by 1.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock valued at $1,165,000 after purchasing an additional 327 shares during the period. Inlight Wealth Management LLC lifted its holdings in shares of BILL by 0.8% during the third quarter. Inlight Wealth Management LLC now owns 40,881 shares of the company’s stock worth $2,165,000 after buying an additional 334 shares during the last quarter. Quarry LP boosted its position in shares of BILL by 85.9% in the first quarter. Quarry LP now owns 766 shares of the company’s stock valued at $35,000 after acquiring an additional 354 shares during the period. Brooklyn Investment Group grew its stake in shares of BILL by 73.6% in the first quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock worth $41,000 after acquiring an additional 377 shares during the last quarter. Finally, State of Michigan Retirement System increased its position in BILL by 1.8% during the second quarter. State of Michigan Retirement System now owns 22,800 shares of the company’s stock worth $1,055,000 after acquiring an additional 400 shares during the period. 97.99% of the stock is currently owned by institutional investors.

BILL Trading Up 0.0%

NYSE:BILL opened at $56.00 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.67 and a current ratio of 1.67. The company has a market capitalization of $5.61 billion, a P/E ratio of -207.39, a P/E/G ratio of 7.90 and a beta of 1.35. The stock’s 50 day moving average price is $50.74 and its 200 day moving average price is $48.06. BILL has a 52 week low of $36.55 and a 52 week high of $100.19.

BILL (NYSE:BILL) last posted its earnings results on Thursday, November 6th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.51 by $0.10. The company had revenue of $395.74 million during the quarter, compared to the consensus estimate of $390.91 million. BILL had a net margin of 0.79% and a return on equity of 1.39%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.63 earnings per share. BILL has set its FY 2026 guidance at 2.110-2.250 EPS and its Q2 2026 guidance at 0.540-0.570 EPS. On average, research analysts forecast that BILL will post 0.12 EPS for the current fiscal year.

BILL declared that its board has initiated a share repurchase plan on Wednesday, August 27th that permits the company to repurchase $300.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 7.2% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

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.