BILL (NYSE:BILL) Price Target Raised to $54.00

BILL (NYSE:BILL) had its price objective lifted by research analysts at Robert W. Baird from $50.00 to $54.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Robert W. Baird’s price objective suggests a potential upside of 29.96% from the stock’s previous close.

Several other equities research analysts also recently issued reports on BILL. Keefe, Bruyette & Woods lowered their price target on BILL from $60.00 to $49.00 and set a “market perform” rating for the company in a report on Friday, February 6th. Canaccord Genuity Group increased their price target on BILL from $75.00 to $77.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Wall Street Zen downgraded BILL from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Jefferies Financial Group restated a “buy” rating on shares of BILL in a report on Friday, February 6th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of BILL in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $56.55.

BILL Stock Down 0.7%

Shares of BILL stock opened at $41.55 on Monday. BILL has a 1 year low of $34.44 and a 1 year high of $57.21. The business has a 50-day moving average of $39.55 and a two-hundred day moving average of $46.11. The company has a market capitalization of $4.11 billion, a P/E ratio of -4,150.95, a price-to-earnings-growth ratio of 3.76 and a beta of 1.22. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.66 and a quick ratio of 1.65.

BILL (NYSE:BILL) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.13. BILL had a return on equity of 2.40% and a net margin of 0.01%.The company had revenue of $406.56 million during the quarter, compared to the consensus estimate of $403.76 million. During the same period in the prior year, the company earned $0.50 earnings per share. The company’s revenue for the quarter was up 13.5% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. As a group, equities analysts predict that BILL will post 0.59 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP grew its holdings in shares of BILL by 4.3% during the first quarter. Dimensional Fund Advisors LP now owns 3,090,741 shares of the company’s stock worth $118,366,000 after buying an additional 126,427 shares in the last quarter. California Public Employees Retirement System grew its stake in BILL by 11.0% in the first quarter. California Public Employees Retirement System now owns 169,880 shares of the company’s stock valued at $6,506,000 after purchasing an additional 16,850 shares in the last quarter. Evergreen Advisors LLC bought a new position in BILL in the first quarter valued at approximately $77,000. Geneos Wealth Management Inc. bought a new position in BILL in the first quarter valued at approximately $57,000. Finally, Principal Financial Group Inc. grew its stake in BILL by 2.6% in the first quarter. Principal Financial Group Inc. now owns 196,446 shares of the company’s stock valued at $7,524,000 after purchasing an additional 4,963 shares in the last quarter. 97.99% of the stock is currently owned by institutional investors.

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.