BILL’s (BILL) “Buy” Rating Reiterated at BTIG Research

BTIG Research reiterated their buy rating on shares of BILL (NYSE:BILL) in a research note released on Friday,Benzinga reports. They currently have a $60.00 target price on the stock.

Several other research firms also recently issued reports on BILL. Piper Sandler downgraded shares of BILL from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $70.00 to $50.00 in a report on Thursday, August 28th. Truist Financial decreased their price target on shares of BILL from $61.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. Evercore ISI lowered their price objective on BILL from $50.00 to $48.00 and set an “in-line” rating on the stock in a report on Thursday, August 28th. JPMorgan Chase & Co. increased their target price on BILL from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Finally, BMO Capital Markets decreased their target price on BILL from $56.00 to $54.00 and set a “market perform” rating on the stock in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $58.86.

BILL Stock Performance

Shares of BILL stock opened at $54.58 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.47. BILL has a 12-month low of $36.55 and a 12-month high of $100.19. The business’s 50 day moving average is $50.34 and its two-hundred day moving average is $47.63. The company has a market capitalization of $5.47 billion, a P/E ratio of -202.12, a P/E/G ratio of 7.70 and a beta of 1.35.

BILL (NYSE:BILL) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.10. BILL had a return on equity of 1.39% and a net margin of 0.79%.The business had revenue of $395.74 million during the quarter, compared to analysts’ expectations of $390.91 million. During the same period in the previous year, the business earned $0.63 earnings per share. The business’s revenue was up 10.4% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.110-2.250 EPS and its Q2 2026 guidance at 0.540-0.570 EPS. Analysts expect that BILL will post 0.12 EPS for the current fiscal year.

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

Insider Activity

In other news, SVP Germaine Cota sold 1,104 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $51.23, for a total value of $56,557.92. Following the completion of the sale, the senior vice president directly owned 10,812 shares in the company, valued at $553,898.76. This represents a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 13.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On BILL

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd increased its stake in shares of BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after acquiring an additional 486 shares during the last quarter. Quarry LP grew its holdings in shares of BILL by 85.9% in the first quarter. Quarry LP now owns 766 shares of the company’s stock valued at $35,000 after purchasing an additional 354 shares during the period. Brooklyn Investment Group grew its holdings in shares of BILL by 73.6% in the first quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock valued at $41,000 after purchasing an additional 377 shares during the period. UMB Bank n.a. increased its position in BILL by 283.3% during the second quarter. UMB Bank n.a. now owns 1,215 shares of the company’s stock worth $56,000 after purchasing an additional 898 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its stake in BILL by 189.2% during the third quarter. Hantz Financial Services Inc. now owns 1,255 shares of the company’s stock worth $66,000 after purchasing an additional 821 shares during the period. Institutional investors and hedge funds 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.