BILL (NYSE:BILL) Price Target Lowered to $48.00 at Evercore ISI

BILL (NYSE:BILL) had its target price lowered by Evercore ISI from $50.00 to $48.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an in-line rating on the stock.

BILL has been the topic of several other reports. Oppenheimer lifted their price objective on BILL from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, May 9th. Morgan Stanley lowered BILL from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $60.00 to $55.00 in a research note on Wednesday, June 11th. Mizuho reduced their price objective on BILL from $53.00 to $50.00 and set a “neutral” rating on the stock in a research note on Monday, May 12th. Citigroup reduced their price objective on BILL from $88.00 to $67.00 and set a “buy” rating on the stock in a research note on Thursday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft started coverage on BILL in a research note on Thursday, July 17th. They issued a “hold” rating and a $49.00 price objective on the stock. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, BILL presently has an average rating of “Hold” and an average target price of $59.50.

BILL Stock Performance

NYSE BILL opened at $46.51 on Thursday. The business’s 50-day moving average price is $44.21 and its 200 day moving average price is $45.60. BILL has a twelve month low of $36.55 and a twelve month high of $100.19. The company has a market capitalization of $4.79 billion, a PE ratio of -290.65, a price-to-earnings-growth ratio of 10.30 and a beta of 1.35. The company has a current ratio of 1.58, a quick ratio of 1.69 and a debt-to-equity ratio of 0.38.

BILL (NYSE:BILL) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.12. The company had revenue of $383.35 million for the quarter, compared to the consensus estimate of $376.43 million. BILL had a return on equity of 1.16% and a net margin of 1.63%.The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period last year, the business posted $0.57 EPS. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. On average, research analysts predict that BILL will post 0.12 earnings per share for the current year.

BILL announced that its Board of Directors has approved a stock repurchase plan on Wednesday, August 27th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 7.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Activity at BILL

In related news, insider Rajesh A. Aji sold 1,780 shares of the firm’s stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $45.25, for a total transaction of $80,545.00. Following the sale, the insider directly owned 9,298 shares in the company, valued at approximately $420,734.50. This trade represents a 16.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 4.20% of the company’s stock.

Institutional Investors Weigh In On BILL

Hedge funds have recently bought and sold shares of the business. CoreCap Advisors LLC acquired a new stake in BILL during the 4th quarter valued at approximately $30,000. Fifth Third Bancorp grew its stake in BILL by 134.1% during the 1st quarter. Fifth Third Bancorp now owns 749 shares of the company’s stock valued at $34,000 after purchasing an additional 429 shares in the last quarter. Quarry LP grew its stake in BILL by 85.9% during the 1st quarter. Quarry LP now owns 766 shares of the company’s stock valued at $35,000 after purchasing an additional 354 shares in the last quarter. Brooklyn Investment Group grew its stake in BILL by 73.6% during the 1st quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock valued at $41,000 after purchasing an additional 377 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in BILL by 2,189.1% during the 1st quarter. Farther Finance Advisors LLC now owns 1,053 shares of the company’s stock valued at $48,000 after purchasing an additional 1,007 shares in the last quarter. Institutional investors and hedge funds 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.