BILL (BILL) Set to Announce Earnings on Thursday

BILL (NYSE:BILL) is set to release its earnings data after the market closes on Thursday, May 2nd. Analysts expect BILL to post earnings of $0.53 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

BILL (NYSE:BILL) last issued its earnings results on Thursday, February 8th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.26. BILL had a negative net margin of 9.67% and a positive return on equity of 0.29%. The firm had revenue of $318.50 million during the quarter, compared to analysts’ expectations of $296.62 million. On average, analysts expect BILL to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

BILL Stock Up 0.2 %

BILL opened at $61.39 on Thursday. BILL has a fifty-two week low of $51.94 and a fifty-two week high of $139.50. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.69 and a current ratio of 1.69. The company has a fifty day moving average of $64.37 and a two-hundred day moving average of $73.18. The stock has a market capitalization of $6.45 billion, a price-to-earnings ratio of -56.84, a PEG ratio of 81.58 and a beta of 1.66.

Insider Buying and Selling

In related news, SVP Germaine Cota sold 920 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $65.34, for a total transaction of $60,112.80. Following the sale, the senior vice president now directly owns 5,093 shares of the company’s stock, valued at approximately $332,776.62. The sale was disclosed in a legal filing with the SEC, which is available through this link. 3.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

BILL has been the topic of a number of recent research reports. Oppenheimer boosted their price target on shares of BILL from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Friday, February 9th. JPMorgan Chase & Co. decreased their target price on shares of BILL from $93.00 to $90.00 and set an “overweight” rating on the stock in a report on Friday, February 9th. Piper Sandler decreased their target price on shares of BILL from $95.00 to $77.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Citigroup boosted their target price on shares of BILL from $85.00 to $86.00 and gave the company a “buy” rating in a report on Monday, February 12th. Finally, Wells Fargo & Company reiterated an “underweight” rating and issued a $60.00 target price (down from $70.00) on shares of BILL in a report on Monday, April 1st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, BILL currently has an average rating of “Moderate Buy” and a consensus target price of $103.57.

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.