BILL’s (BILL) Buy Rating Reiterated at Needham & Company LLC

Needham & Company LLC reissued their buy rating on shares of BILL (NYSE:BILL) in a research note published on Thursday morning,Benzinga reports. They currently have a $75.00 price objective on the stock.

Several other brokerages also recently weighed in on BILL. Oppenheimer lifted their target price on BILL from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, May 9th. Deutsche Bank Aktiengesellschaft assumed coverage on BILL in a research note on Thursday, July 17th. They set a “hold” rating and a $49.00 target price on the stock. BTIG Research assumed coverage on BILL in a research note on Wednesday, April 30th. They set a “buy” rating and a $60.00 target price on the stock. Mizuho cut their target price on BILL from $53.00 to $50.00 and set a “neutral” rating on the stock in a research note on Monday, May 12th. Finally, UBS Group lifted their target price on BILL from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, May 9th. Ten investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $59.50.

BILL Trading Down 5.5%

NYSE:BILL opened at $46.51 on Thursday. BILL has a 12-month low of $36.55 and a 12-month high of $100.19. The firm has a market capitalization of $4.79 billion, a P/E ratio of -290.65, a P/E/G ratio of 10.30 and a beta of 1.35. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.58 and a quick ratio of 1.69. The business has a 50 day simple moving average of $44.21 and a 200 day simple moving average of $45.60.

BILL (NYSE:BILL) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.12. The business had revenue of $383.35 million during the quarter, compared to analyst estimates of $376.43 million. BILL had a return on equity of 1.16% and a net margin of 1.63%.The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.57 EPS. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. Equities research analysts predict that BILL will post 0.12 EPS for the current year.

BILL announced that its Board of Directors has initiated a share repurchase program on Wednesday, August 27th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 7.2% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Insider Activity

In other news, insider Rajesh A. Aji sold 1,780 shares of the business’s stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $45.25, for a total transaction of $80,545.00. Following the sale, the insider directly owned 9,298 shares of the company’s stock, valued at $420,734.50. The trade was a 16.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On BILL

A number of institutional investors and hedge funds have recently modified their holdings of BILL. Nomura Holdings Inc. raised its position in shares of BILL by 7,753.6% during the second quarter. Nomura Holdings Inc. now owns 1,486,762 shares of the company’s stock worth $68,778,000 after purchasing an additional 1,467,831 shares during the period. Contour Asset Management LLC acquired a new position in BILL in the 1st quarter worth approximately $65,783,000. Dimensional Fund Advisors LP boosted its stake in BILL by 110.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company’s stock worth $114,265,000 after purchasing an additional 1,309,337 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in BILL by 133.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,038,609 shares of the company’s stock worth $93,552,000 after purchasing an additional 1,165,398 shares during the period. Finally, Norges Bank acquired a new position in BILL in the 2nd quarter worth approximately $52,908,000. 97.99% of the stock is owned by institutional investors and hedge funds.

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.