BILL (NYSE:BILL) Stock Rating Lowered by Wall Street Zen

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

Several other research analysts have also recently commented on BILL. Jefferies Financial Group reiterated a “buy” rating on shares of BILL in a report on Friday, February 6th. JPMorgan Chase & Co. lifted their price objective on shares of BILL from $55.00 to $60.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Canaccord Genuity Group increased their target price on BILL from $75.00 to $77.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Truist Financial set a $59.00 price target on BILL in a research note on Tuesday, February 10th. Finally, Robert W. Baird set a $50.00 price target on BILL in a report on Friday, February 6th. 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 stock. Based on data from MarketBeat.com, BILL currently has a consensus rating of “Hold” and a consensus price target of $56.95.

BILL Stock Down 1.0%

Shares of NYSE BILL opened at $46.16 on Friday. The stock has a market cap of $4.57 billion, a P/E ratio of -192.32, a PEG ratio of 5.66 and a beta of 1.30. The business’s fifty day simple moving average is $49.52 and its 200-day simple moving average is $49.18. BILL has a 12-month low of $35.46 and a 12-month high of $57.69. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.48.

BILL (NYSE:BILL) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.08. The company 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%.BILL’s revenue was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the business 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. As a group, equities analysts predict that BILL will post 0.12 EPS for the current fiscal year.

Insider Buying and Selling

In other BILL news, SVP Germaine Cota sold 1,104 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the senior vice president owned 10,812 shares in the company, valued at approximately $553,898.76. The trade was a 9.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On BILL

A number of institutional investors have recently modified their holdings of BILL. Y Intercept Hong Kong Ltd grew its stake in shares of BILL by 82.9% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 90,683 shares of the company’s stock worth $4,803,000 after purchasing an additional 41,103 shares during the period. ING Groep NV purchased a new stake in BILL during the third quarter worth about $26,485,000. Oak Thistle LLC acquired a new position in BILL during the third quarter worth about $2,737,000. Universal Beteiligungs und Servicegesellschaft mbH grew its position in BILL by 647.5% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 65,320 shares of the company’s stock worth $3,460,000 after buying an additional 56,582 shares during the period. Finally, Texas Permanent School Fund Corp increased its holdings in BILL by 43.2% in the second quarter. Texas Permanent School Fund Corp now owns 60,448 shares of the company’s stock valued at $2,796,000 after buying an additional 18,232 shares in the last quarter. 97.99% of the stock is 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.