BILL (NYSE:BILL) Cut to Hold at Seaport Res Ptn

Seaport Res Ptn cut shares of BILL (NYSE:BILL) from a strong-buy rating to a hold rating in a report released on Thursday morning,Zacks.com reports. Seaport Res Ptn also issued estimates for BILL’s Q1 2026 earnings at $0.09 EPS.

A number of other brokerages have also weighed in on BILL. Piper Sandler lowered their target price on BILL from $85.00 to $70.00 and set an “overweight” rating on the stock in a research note on Thursday, April 10th. Needham & Company LLC restated a “buy” rating and set a $100.00 target price on shares of BILL in a research report on Monday, March 17th. KeyCorp cut their price target on BILL from $85.00 to $70.00 and set an “overweight” rating for the company in a research note on Tuesday, March 18th. Keefe, Bruyette & Woods dropped their price objective on BILL from $77.00 to $54.00 and set a “market perform” rating for the company in a report on Monday, March 31st. Finally, Wells Fargo & Company reduced their target price on BILL from $65.00 to $57.00 and set an “underweight” rating on the stock in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, BILL has an average rating of “Moderate Buy” and an average price target of $71.72.

BILL Stock Down 0.7 %

BILL stock opened at $40.63 on Thursday. The company has a market cap of $4.14 billion, a price-to-earnings ratio of -4,063.40, a P/E/G ratio of 29.46 and a beta of 1.88. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.44. BILL has a twelve month low of $36.55 and a twelve month high of $100.19. The business has a 50 day moving average price of $48.09 and a two-hundred day moving average price of $68.51.

BILL (NYSE:BILL) last issued its earnings results on Thursday, February 6th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.38). BILL had a net margin of 5.90% and a return on equity of 1.53%. Analysts anticipate that BILL will post 0.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BILL. Groupama Asset Managment increased its position in BILL by 162.8% in the 4th quarter. Groupama Asset Managment now owns 5,650,000 shares of the company’s stock valued at $478,611,000 after buying an additional 3,500,000 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in BILL by 10.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,879,448 shares of the company’s stock valued at $1,091,019,000 after purchasing an additional 1,241,432 shares during the period. Norges Bank acquired a new position in BILL during the fourth quarter worth $99,906,000. Invesco Ltd. grew its holdings in shares of BILL by 828.1% during the fourth quarter. Invesco Ltd. now owns 1,301,720 shares of the company’s stock valued at $110,269,000 after buying an additional 1,161,457 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of BILL by 112.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,610,447 shares of the company’s stock worth $136,421,000 after acquiring an additional 852,863 shares in the last quarter. 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.