BILL (NYSE:BILL) Upgraded by Wolfe Research to “Outperform” Rating

Wolfe Research upgraded shares of BILL (NYSE:BILL) from a peer perform rating to an outperform rating in a report published on Thursday, Marketbeat Ratings reports. Wolfe Research currently has $70.00 price target on the stock.

A number of other brokerages have also weighed in on BILL. Keefe, Bruyette & Woods reduced their price objective on shares of BILL from $54.00 to $46.00 and set a “market perform” rating on the stock in a report on Thursday, August 28th. Evercore ISI reduced their price objective on shares of BILL from $50.00 to $48.00 and set an “in-line” rating on the stock in a report on Thursday, August 28th. Needham & Company LLC restated a “buy” rating and issued a $75.00 price objective on shares of BILL in a report on Thursday, August 28th. Citigroup reduced their price objective on shares of BILL from $88.00 to $67.00 and set a “buy” rating on the stock in a report on Thursday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of BILL in a report on Thursday, July 17th. They issued a “hold” rating and a $49.00 price objective on the stock. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, BILL currently has a consensus rating of “Hold” and a consensus price target of $58.50.

BILL Stock Performance

Shares of BILL stock opened at $51.70 on Thursday. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.38. BILL has a 52 week low of $36.55 and a 52 week high of $100.19. The stock has a market capitalization of $5.25 billion, a PE ratio of -323.10, a P/E/G ratio of 15.16 and a beta of 1.37. The firm has a 50 day moving average of $44.83 and a two-hundred day moving average of $45.16.

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

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

Insider Transactions at BILL

In other news, insider Rajesh A. Aji sold 1,780 shares of BILL stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $45.25, for a total value of $80,545.00. Following the sale, the insider 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.20% of the company’s stock.

Institutional Trading of BILL

A number of institutional investors have recently added to or reduced their stakes in the stock. Xponance Inc. boosted its holdings in BILL by 1.6% during the first quarter. Xponance Inc. now owns 13,902 shares of the company’s stock worth $638,000 after buying an additional 222 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in BILL by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock worth $1,165,000 after buying an additional 327 shares in the last quarter. CoreCap Advisors LLC purchased a new stake in BILL during the fourth quarter worth about $30,000. Quarry LP boosted its holdings in BILL by 85.9% during the first quarter. Quarry LP now owns 766 shares of the company’s stock worth $35,000 after buying an additional 354 shares in the last quarter. Finally, Brooklyn Investment Group boosted its holdings in BILL by 73.6% during the first quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock worth $41,000 after buying an additional 377 shares in the last quarter. Hedge funds and other institutional investors own 97.99% of the company’s stock.

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.