BILL (NYSE:BILL) Price Target Raised to $56.00 at Keefe, Bruyette & Woods

BILL (NYSE:BILL) had its target price raised by Keefe, Bruyette & Woods from $46.00 to $56.00 in a research note issued to investors on Wednesday,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.

Other analysts have also recently issued reports about the stock. BMO Capital Markets decreased their price target on shares of BILL from $52.00 to $50.00 and set a “market perform” rating for the company in a research report on Thursday, August 28th. Evercore ISI decreased their target price on BILL from $50.00 to $48.00 and set an “in-line” rating for the company in a research report on Thursday, August 28th. Truist Financial upgraded BILL from a “hold” rating to a “buy” rating and increased their target price for the company from $50.00 to $63.00 in a research note on Friday, September 19th. Morgan Stanley lowered BILL from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $60.00 to $55.00 in a research report on Wednesday, June 11th. Finally, Wolfe Research raised shares of BILL from a “peer perform” rating to an “outperform” rating and set a $70.00 price objective for the company in a research report on Thursday, September 11th. Eleven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $59.65.

BILL Stock Performance

Shares of NYSE:BILL opened at $53.80 on Wednesday. The business has a 50-day moving average of $46.57 and a two-hundred day moving average of $45.52. The firm has a market capitalization of $5.47 billion, a PE ratio of -336.25, a P/E/G ratio of 15.02 and a beta of 1.42. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.58 and a quick ratio of 1.58. BILL has a 12 month low of $36.55 and a 12 month high of $100.19.

BILL (NYSE:BILL) last posted its earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $383.35 million during the quarter, compared to the consensus estimate of $376.43 million. During the same quarter in the prior year, the company 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. As a group, research analysts forecast that BILL will post 0.12 earnings per share for the current year.

BILL announced that its board has initiated a stock repurchase 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 stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its shares are undervalued.

Institutional Trading of BILL

A number of hedge funds have recently made changes to their positions in BILL. Taylor Frigon Capital Management LLC raised its holdings in BILL by 21.8% in the second quarter. Taylor Frigon Capital Management LLC now owns 45,414 shares of the company’s stock valued at $2,101,000 after acquiring an additional 8,131 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of BILL by 230.4% in the 1st quarter. Acadian Asset Management LLC now owns 38,237 shares of the company’s stock worth $1,754,000 after purchasing an additional 26,664 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of BILL in the 1st quarter valued at about $1,207,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of BILL by 3,947.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,098 shares of the company’s stock valued at $693,000 after purchasing an additional 14,725 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of BILL during the first quarter worth about $570,000. Institutional investors and hedge funds own 97.99% of the company’s stock.

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.