BILL (NYSE:BILL) Sets New 52-Week Low – Should You Sell?

BILL Holdings, Inc. (NYSE:BILL)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $31.41 and last traded at $32.1860, with a volume of 269971 shares. The stock had previously closed at $32.19.

Analyst Ratings Changes

A number of brokerages recently commented on BILL. Wall Street Zen raised shares of BILL from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. The Goldman Sachs Group boosted their price objective on shares of BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Robert W. Baird boosted their price objective on shares of BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Oppenheimer set a $55.00 price objective on shares of BILL and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of BILL from $60.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.80.

BILL Stock Performance

The business has a 50-day moving average price of $37.08 and a 200-day moving average price of $43.53. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of -3,220.38, a P/E/G ratio of 1.18 and a beta of 1.20. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.48.

BILL (NYSE:BILL) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.13. The business had revenue of $406.56 million for the quarter, compared to the consensus estimate of $403.76 million. BILL had a return on equity of 2.40% and a net margin of 0.01%.The business’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.50 earnings per share. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. As a group, sell-side analysts forecast that BILL Holdings, Inc. will post 0.95 earnings per share for the current year.

Hedge Funds Weigh In On BILL

A number of large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd increased its position in shares of BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after acquiring an additional 486 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in BILL in the fourth quarter valued at $28,000. State of Wyoming purchased a new stake in BILL in the first quarter valued at $32,000. Rockefeller Capital Management L.P. boosted its holdings in BILL by 173.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock valued at $39,000 after purchasing an additional 452 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of BILL by 1,000.0% during the 4th quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after acquiring an additional 730 shares in the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

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.