BTIG Research reissued their buy rating on shares of BILL (NYSE:BILL – Free Report) in a report published on Monday,Benzinga reports. The brokerage currently has a $60.00 price objective on the stock.
Other equities research analysts have also recently issued reports about the stock. Susquehanna dropped their target price on shares of BILL from $89.00 to $84.00 and set a “positive” rating for the company in a research report on Friday, November 7th. Truist Financial set a $58.00 price objective on shares of BILL in a report on Tuesday, January 20th. Zacks Research raised BILL from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. UBS Group decreased their target price on BILL from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Finally, Oppenheimer raised 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $58.90.
BILL Price Performance
BILL (NYSE:BILL – Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.10. The company had revenue of $395.74 million during the quarter, compared to analyst estimates of $390.91 million. BILL had a return on equity of 1.39% and a net margin of 0.79%.The firm’s revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.63 earnings per share. BILL has set its FY 2026 guidance at 2.110-2.250 EPS and its Q2 2026 guidance at 0.540-0.570 EPS. On average, equities research analysts anticipate that BILL will post 0.12 earnings per share for the current year.
Insider Transactions at BILL
In other BILL news, SVP Germaine Cota sold 1,104 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $51.23, for a total value of $56,557.92. Following the sale, the senior vice president directly owned 10,812 shares of the company’s stock, valued at approximately $553,898.76. The trade was a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 13.20% of the company’s stock.
Hedge Funds Weigh In On BILL
Several large investors have recently modified their holdings of the stock. Y Intercept Hong Kong Ltd lifted its stake in BILL by 82.9% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 90,683 shares of the company’s stock valued at $4,803,000 after acquiring an additional 41,103 shares during the period. Oak Thistle LLC bought a new stake in shares of BILL in the third quarter worth approximately $2,737,000. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of BILL by 647.5% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 65,320 shares of the company’s stock valued at $3,460,000 after purchasing an additional 56,582 shares during the last quarter. Texas Permanent School Fund Corp raised its holdings in shares of BILL by 43.2% during the second quarter. Texas Permanent School Fund Corp now owns 60,448 shares of the company’s stock valued at $2,796,000 after purchasing an additional 18,232 shares during the last quarter. Finally, Senvest Management LLC lifted its position in BILL by 96.2% during the second quarter. Senvest Management LLC now owns 1,827,889 shares of the company’s stock valued at $84,558,000 after purchasing an additional 896,393 shares during the period. Hedge funds and other institutional investors own 97.99% of the company’s stock.
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.
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