BILL (NYSE:BILL) Trading 9.1% Higher – Time to Buy?

BILL Holdings, Inc. (NYSE:BILL)’s stock price traded up 9.1% on Wednesday . The company traded as high as $39.33 and last traded at $39.4360. 1,503,515 shares traded hands during trading, a decline of 44% from the average session volume of 2,669,780 shares. The stock had previously closed at $36.16.

Analyst Ratings Changes

BILL has been the topic of several analyst reports. The Goldman Sachs Group lifted their target price 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. BMO Capital Markets increased their price target on shares of BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a research report on Friday, May 8th. Robert W. Baird raised their price target on shares of BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Weiss Ratings raised shares of BILL from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. Finally, Oppenheimer set a $55.00 price objective on shares of BILL and gave the company an “outperform” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $55.19.

BILL Price Performance

The company has a market cap of $4.02 billion, a PE ratio of -4,035.26, a price-to-earnings-growth ratio of 0.87 and a beta of 1.17. The business has a 50 day moving average of $36.41 and a 200 day moving average of $42.12. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.66 and a quick ratio of 1.66.

BILL (NYSE:BILL) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.13. BILL had a net margin of 0.01% and a return on equity of 2.40%. The business had revenue of $406.56 million for the quarter, compared to the consensus estimate of $403.76 million. During the same period in the previous year, the firm earned $0.50 EPS. The company’s quarterly revenue was up 13.5% compared to the same quarter last year. 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, research analysts predict that BILL Holdings, Inc. will post 0.95 EPS for the current year.

Institutional Trading of BILL

Institutional investors and hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc grew its holdings in shares of BILL by 147.3% during the 2nd quarter. Versant Capital Management Inc now owns 722 shares of the company’s stock worth $26,000 after acquiring an additional 430 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of BILL by 972.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after purchasing an additional 486 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in BILL in the fourth quarter worth $28,000. State of Wyoming purchased a new stake in BILL in the first quarter worth $32,000. Finally, Rockefeller Capital Management L.P. raised 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 worth $39,000 after purchasing an additional 452 shares in the last quarter. 97.99% of the stock is currently owned by hedge funds and other institutional investors.

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.