BILL (NYSE:BILL – Get Free Report) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.
Several other analysts also recently weighed in on BILL. Keefe, Bruyette & Woods decreased their price objective on BILL from $60.00 to $49.00 and set a “market perform” rating for the company in a report on Friday, February 6th. Citigroup decreased their price target on BILL from $71.00 to $62.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. Truist Financial set a $59.00 price objective on shares of BILL in a research note on Tuesday, February 10th. BMO Capital Markets dropped their target price on BILL from $50.00 to $46.00 and set a “market perform” rating on the stock in a research report on Friday, February 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of BILL in a research report 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. According to data from MarketBeat, BILL presently has an average rating of “Hold” and an average price target of $56.95.
Check Out Our Latest Stock Report on BILL
BILL Stock Up 4.1%
BILL (NYSE:BILL – Get Free Report) last posted 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 firm had revenue of $414.67 million for 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%.The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.56 earnings per share. 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 earnings per share for the current fiscal year.
Hedge Funds Weigh In On BILL
Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of BILL by 3.5% during the third quarter. Vanguard Group Inc. now owns 10,843,612 shares of the company’s stock worth $574,386,000 after buying an additional 371,265 shares during the period. ER Collective Holdings LLC purchased a new stake in shares of BILL during the fourth quarter worth approximately $464,588,000. Contour Asset Management LLC lifted its holdings in shares of BILL by 45.5% during the fourth 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. Marshall Wace LLP lifted its holdings in shares of BILL by 36.5% during the fourth quarter. Marshall Wace LLP now owns 2,958,096 shares of the company’s stock worth $161,335,000 after purchasing an additional 791,197 shares during the period. Finally, Greenhouse Funds LLLP grew its position in BILL by 23.0% in the 2nd quarter. Greenhouse Funds LLLP now owns 2,889,979 shares of the company’s stock valued at $133,690,000 after buying an additional 541,213 shares during the last quarter. 97.99% of the stock is currently owned by institutional investors and hedge funds.
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.
Further Reading
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