BILL (NYSE:BILL) Cut to Hold at Zacks Research

Zacks Research downgraded shares of BILL (NYSE:BILL) from a strong-buy rating to a hold rating in a report issued on Tuesday morning,Zacks.com reports.

Other analysts have also recently issued reports about the stock. Needham & Company LLC reissued a “buy” rating and set a $75.00 price target on shares of BILL in a research note on Friday, February 6th. Evercore ISI set a $42.00 price objective on BILL in a research report on Friday, February 6th. Oppenheimer lifted their target price on BILL from $55.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. BTIG Research reaffirmed a “buy” rating and set a $60.00 price target on shares of BILL in a research note on Monday, February 2nd. Finally, BMO Capital Markets decreased their price target on BILL from $50.00 to $46.00 and set a “market perform” rating on the stock in a report on Friday, February 6th. Thirteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $56.30.

BILL Price Performance

BILL stock opened at $46.31 on Tuesday. The business’s fifty day moving average is $50.53 and its two-hundred day moving average is $49.04. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.67 and a current ratio of 1.65. The firm has a market cap of $4.58 billion, a P/E ratio of -192.94, a P/E/G ratio of 5.76 and a beta of 1.30. BILL has a 52 week low of $35.46 and a 52 week high of $61.21.

BILL (NYSE:BILL) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.08. BILL had a positive return on equity of 1.70% and a negative net margin of 1.56%.The business had revenue of $414.67 million during the quarter, compared to analysts’ expectations of $399.71 million. During the same period in the previous year, the business posted $0.56 earnings per share. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. Equities research analysts forecast that BILL will post 0.12 earnings per share for the current fiscal year.

Insider Activity at BILL

In related news, SVP Germaine Cota sold 1,104 shares of BILL stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $51.23, for a total transaction of $56,557.92. Following the completion of the sale, the senior vice president directly owned 10,812 shares of the company’s stock, valued at $553,898.76. The trade was a 9.26% 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. 13.20% of the stock is currently owned by company insiders.

Institutional Trading of BILL

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in BILL by 3.5% in the third quarter. Vanguard Group Inc. now owns 10,843,612 shares of the company’s stock valued at $574,386,000 after acquiring an additional 371,265 shares during the period. Greenhouse Funds LLLP lifted its holdings in shares of BILL by 23.0% during the 2nd quarter. Greenhouse Funds LLLP now owns 2,889,979 shares of the company’s stock valued at $133,690,000 after purchasing an additional 541,213 shares in the last quarter. Senvest Management LLC lifted its holdings in shares of BILL by 155.8% during the 4th quarter. Senvest Management LLC now owns 2,573,261 shares of the company’s stock valued at $140,346,000 after purchasing an additional 1,567,186 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of BILL by 14.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,546,171 shares of the company’s stock valued at $134,871,000 after purchasing an additional 317,014 shares during the period. Finally, Marshall Wace LLP increased its stake in BILL by 190.8% during the 3rd quarter. Marshall Wace LLP now owns 2,166,899 shares of the company’s stock worth $114,781,000 after purchasing an additional 1,421,785 shares in the last quarter. Institutional investors and hedge funds own 97.99% of the company’s stock.

Trending Headlines about BILL

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Canaccord Genuity published a bullish forecast projecting strong price appreciation for BILL, which supports investor optimism about the company’s growth trajectory and could attract buying interest. Canaccord Genuity Forecasts Strong Price Appreciation for BILL (NYSE:BILL) Stock
• Positive Sentiment: BILL announced management will participate in multiple investor conferences (Susquehanna Tech, Morgan Stanley TMT, Wolfe FinTech). Increased management access and presentations can reduce information asymmetry and help re-rate the stock if management provides favorable color on growth, margins or product adoption. BILL to Participate in Upcoming Investor Conferences
• Neutral Sentiment: Several unrelated legislative and policy stories are present in the news feed; these items (state and federal bills) are not company-specific and are unlikely to materially affect BILL’s near-term fundamentals.
• Negative Sentiment: Zacks Research downgraded BILL from a “strong-buy” to a “hold,” which can pressure the stock by reducing buy-side conviction and triggering short-term selling from momentum traders. Zacks.com

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. It also offers onboarding implementation support, and ongoing support and training services.