BILL (BILL) Set to Announce Earnings on Thursday

BILL (NYSE:BILL) will be posting its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect BILL to post earnings of $0.53 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

BILL (NYSE:BILL) last announced its quarterly 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. The company had revenue of $318.50 million during the quarter, compared to the consensus estimate of $296.62 million. BILL had a negative net margin of 9.67% and a positive return on equity of 0.29%. 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 %

Shares of NYSE:BILL opened at $61.39 on Thursday. The company has a fifty day moving average of $64.37 and a 200-day moving average of $73.18. The company has a market capitalization of $6.45 billion, a PE ratio of -56.84, a price-to-earnings-growth ratio of 81.58 and a beta of 1.66. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.69 and a current ratio of 1.69. BILL has a 52-week low of $51.94 and a 52-week high of $139.50.

Analyst Ratings Changes

A number of research analysts recently weighed in on BILL shares. Citigroup lifted their price objective on shares of BILL from $85.00 to $86.00 and gave the company a “buy” rating in a research note on Monday, February 12th. Piper Sandler cut their target price on shares of BILL from $95.00 to $77.00 and set an “overweight” rating for the company in a research report on Friday, April 12th. Oppenheimer upped their target price 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. Wells Fargo & Company reissued an “underweight” rating and issued a $60.00 price target (down from $70.00) on shares of BILL in a research note on Monday, April 1st. Finally, BNP Paribas raised shares of BILL from an “underperform” rating to a “neutral” rating and set a $72.00 price target for the company in a research note on Wednesday, March 13th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $103.57.

Insider Activity

In other news, SVP Germaine Cota sold 920 shares of the 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 owns 5,093 shares in the company, valued at $332,776.62. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 3.80% 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.