BILL (NYSE:BILL) Trading Down 4.7% After Analyst Downgrade

BILL Holdings, Inc. (NYSE:BILL) was down 4.7% during mid-day trading on Tuesday after Wall Street Zen downgraded the stock from a buy rating to a hold rating. The company traded as low as $41.86 and last traded at $42.3940. Approximately 705,367 shares changed hands during trading, a decline of 77% from the average daily volume of 3,106,681 shares. The stock had previously closed at $44.47.

Other equities analysts also recently issued research reports about the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BILL in a research note on Monday, December 29th. Jefferies Financial Group reissued a “buy” rating on shares of BILL in a research report on Friday, February 6th. Truist Financial set a $59.00 price target on BILL in a research note on Tuesday, February 10th. Keefe, Bruyette & Woods lowered their price objective 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. Finally, BTIG Research reissued a “buy” rating and issued a $60.00 target price on shares of BILL in a report on Monday, February 2nd. Thirteen investment 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. Based on data from MarketBeat.com, BILL presently has an average rating of “Hold” and a consensus price target of $56.95.

Institutional Investors Weigh In On BILL

Several institutional investors and hedge funds have recently made changes to their positions in BILL. Hsbc Holdings PLC bought a new position in BILL in the 4th quarter valued at approximately $10,892,000. Pacer Advisors Inc. increased its holdings in shares of BILL by 49.1% in the 4th quarter. Pacer Advisors Inc. now owns 18,023 shares of the company’s stock worth $983,000 after purchasing an additional 5,933 shares in the last quarter. Alberta Investment Management Corp bought a new stake in shares of BILL in the 4th quarter worth $1,505,000. XTX Topco Ltd purchased a new position in shares of BILL in the fourth quarter worth $1,839,000. Finally, Susquehanna Fundamental Investments LLC purchased a new position in shares of BILL in the fourth quarter worth $9,579,000. Institutional investors own 97.99% of the company’s stock.

BILL Stock Performance

The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $4.18 billion, a P/E ratio of -175.88, a P/E/G ratio of 5.23 and a beta of 1.25. The business has a fifty day moving average price of $46.81 and a 200-day moving average price of $49.48.

BILL (NYSE:BILL) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.56 by $0.08. The company had revenue of $414.67 million during the quarter, compared to the consensus estimate of $399.71 million. BILL had a positive return on equity of 1.70% and a negative net margin of 1.56%.BILL’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period last year, the company earned $0.56 EPS. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. On average, sell-side analysts expect that BILL Holdings, Inc. will post 0.12 EPS for the current year.

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.