BILL (NYSE:BILL) Cut to Hold at Wall Street Zen

BILL (NYSE:BILL) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday.

A number of other research firms have also recently weighed in on BILL. BMO Capital Markets cut their price objective on shares of BILL from $50.00 to $46.00 and set a “market perform” rating on the stock in a research report on Friday, February 6th. Robert W. Baird set a $50.00 target price on shares of BILL in a report on Friday, February 6th. Evercore set a $42.00 price target on shares of BILL in a research note on Friday, February 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of BILL in a report on Monday, December 29th. Finally, The Goldman Sachs Group reduced their price objective on shares of BILL from $65.00 to $52.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. 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 company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $56.95.

BILL Price Performance

NYSE:BILL opened at $44.49 on Tuesday. The firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of -185.39, a PEG ratio of 5.30 and a beta of 1.25. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.65 and a quick ratio of 1.65. The business has a 50 day simple moving average of $47.06 and a 200-day simple moving average of $49.48. BILL has a 1 year low of $35.46 and a 1 year high of $57.21.

BILL (NYSE:BILL) last released its earnings results on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $399.71 million. During the same quarter in the previous year, the company posted $0.56 EPS. The company’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 analysts forecast that BILL will post 0.12 EPS for the current year.

Hedge Funds Weigh In On BILL

Institutional investors have recently modified their holdings of the stock. ER Collective Holdings LLC bought a new stake in shares of BILL during the fourth quarter valued at approximately $464,588,000. Senvest Management LLC grew its stake in BILL by 155.8% in the fourth quarter. Senvest Management LLC now owns 2,573,261 shares of the company’s stock worth $140,346,000 after purchasing an additional 1,567,186 shares in the last quarter. Contour Asset Management LLC increased its holdings in BILL by 45.5% during the 4th quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company’s stock worth $256,914,000 after purchasing an additional 1,472,132 shares during the period. Nomura Holdings Inc. increased its holdings in BILL by 7,753.6% during the 2nd quarter. Nomura Holdings Inc. now owns 1,486,762 shares of the company’s stock worth $68,778,000 after purchasing an additional 1,467,831 shares during the period. Finally, Marshall Wace LLP raised its position in BILL by 190.8% during the 3rd quarter. Marshall Wace LLP now owns 2,166,899 shares of the company’s stock valued at $114,781,000 after purchasing an additional 1,421,785 shares in the last quarter. 97.99% of the stock is owned by hedge funds and other institutional investors.

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