UBS Group Has Lowered Expectations for BILL (NYSE:BILL) Stock Price

BILL (NYSE:BILL) had its price objective dropped by equities researchers at UBS Group from $65.00 to $60.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price would indicate a potential upside of 32.73% from the stock’s previous close.

Several other analysts have also recently weighed in on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of BILL in a research note on Wednesday, October 8th. Needham & Company LLC reiterated a “buy” rating and issued a $75.00 price target on shares of BILL in a research report on Friday. Wolfe Research upgraded BILL from a “peer perform” rating to an “outperform” rating and set a $70.00 price objective for the company in a research report on Thursday, September 11th. Canaccord Genuity Group reissued a “buy” rating and set a $75.00 target price on shares of BILL in a research report on Thursday, August 28th. Finally, Mizuho reduced their price objective on shares of BILL from $50.00 to $43.00 and set a “neutral” rating on the stock in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $58.85.

BILL Price Performance

NYSE:BILL traded up $0.83 during trading hours on Friday, hitting $45.20. The company’s stock had a trading volume of 2,156,086 shares, compared to its average volume of 2,885,875. BILL has a twelve month low of $36.55 and a twelve month high of $100.19. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.58 and a quick ratio of 1.58. The stock has a fifty day simple moving average of $50.79 and a 200-day simple moving average of $46.64. The company has a market capitalization of $4.54 billion, a P/E ratio of -282.94, a PEG ratio of 12.22 and a beta of 1.43.

BILL (NYSE:BILL) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.10. BILL had a net margin of 1.63% and a return on equity of 1.16%. The company had revenue of $395.74 million for the quarter, compared to the consensus estimate of $390.91 million. During the same period last year, the company posted $0.63 EPS. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.110-2.250 EPS. Q2 2026 guidance at 0.540-0.570 EPS. On average, analysts anticipate that BILL will post 0.12 EPS for the current fiscal year.

BILL declared that its board has initiated a share repurchase plan on Wednesday, August 27th that authorizes the company to buyback $300.00 million in shares. This buyback authorization authorizes the company to buy up to 7.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On BILL

Several large investors have recently bought and sold shares of BILL. Vanguard Group Inc. grew its stake in shares of BILL by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 10,843,612 shares of the company’s stock worth $574,386,000 after acquiring an additional 371,265 shares in the last quarter. Temasek Holdings Private Ltd increased its stake in BILL by 36.4% in the 1st quarter. Temasek Holdings Private Ltd now owns 3,719,895 shares of the company’s stock valued at $170,706,000 after buying an additional 992,591 shares during the last quarter. Greenhouse Funds LLLP lifted its position in shares of BILL by 23.0% during the 2nd quarter. Greenhouse Funds LLLP now owns 2,889,979 shares of the company’s stock worth $133,690,000 after buying an additional 541,213 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of BILL by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 2,490,921 shares of the company’s stock worth $114,308,000 after buying an additional 475,100 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in BILL by 110.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company’s stock valued at $114,265,000 after purchasing an additional 1,309,337 shares during the period. 97.99% of the stock is currently owned by institutional investors.

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.