BILL (NYSE:BILL) Raised to “Buy” at Wall Street Zen

BILL (NYSE:BILLGet Free Report) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Monday.

A number of other equities analysts also recently weighed in on BILL. Jefferies Financial Group reaffirmed a “buy” rating on shares of BILL in a research note on Friday, February 6th. Needham & Company LLC restated a “buy” rating and set a $75.00 price objective on shares of BILL in a report on Friday, February 6th. William Blair reiterated a “market perform” rating on shares of BILL in a report on Friday, November 7th. BTIG Research reissued a “buy” rating and set a $60.00 price target on shares of BILL in a research report on Monday, February 2nd. Finally, Keefe, Bruyette & Woods dropped their price target on BILL from $60.00 to $49.00 and set a “market perform” rating for the company in a research note on Friday, February 6th. Thirteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $56.95.

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BILL Price Performance

Shares of NYSE:BILL opened at $44.55 on Monday. The company has a market cap of $4.41 billion, a P/E ratio of -185.60, a P/E/G ratio of 5.23 and a beta of 1.25. The business has a fifty day simple moving average of $48.38 and a 200-day simple moving average of $49.34. BILL has a 52 week low of $35.46 and a 52 week high of $57.21. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.48.

BILL (NYSE:BILLGet Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $414.67 million for the quarter, compared to analyst estimates of $399.71 million. During the same period last year, the company earned $0.56 EPS. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. 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 EPS for the current year.

Insider Activity

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

Hedge Funds Weigh In On BILL

A number of institutional investors have recently made changes to their positions in the business. Empowered Funds LLC increased its stake in shares of BILL by 50.3% in the first quarter. Empowered Funds LLC now owns 8,002 shares of the company’s stock worth $367,000 after buying an additional 2,678 shares during the last quarter. Versor Investments LP grew its holdings in BILL by 117.2% during the 2nd quarter. Versor Investments LP now owns 20,768 shares of the company’s stock worth $961,000 after acquiring an additional 11,205 shares in the last quarter. State of Michigan Retirement System grew its holdings in BILL by 1.8% during the 2nd quarter. State of Michigan Retirement System now owns 22,800 shares of the company’s stock worth $1,055,000 after acquiring an additional 400 shares in the last quarter. Ceera Investments LLC increased its position in shares of BILL by 319.0% in the 2nd quarter. Ceera Investments LLC now owns 24,010 shares of the company’s stock worth $1,111,000 after purchasing an additional 18,280 shares during the last quarter. Finally, Twin Capital Management Inc. raised its stake in shares of BILL by 98.5% in the 2nd quarter. Twin Capital Management Inc. now owns 37,159 shares of the company’s stock valued at $1,719,000 after purchasing an additional 18,441 shares in the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting BILL

Here are the key news stories impacting BILL this week:

About BILL

(Get Free Report)

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.

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Analyst Recommendations for BILL (NYSE:BILL)

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