BILL (NYSE:BILL) Sets New 52-Week Low – What’s Next?

BILL Holdings, Inc. (NYSE:BILL)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $34.35 and last traded at $34.8850, with a volume of 185102 shares trading hands. The stock had previously closed at $34.90.

More BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: BILL is reshaping its leadership team as it increases focus on artificial intelligence, which could signal a strategic shift aimed at improving product competitiveness and long-term growth. BILL Shakes Up Leadership Amid New AI Focus
• Positive Sentiment: BILL will participate in the BofA Securities Global Technology Conference next week, which may give management a venue to highlight its growth strategy, AI initiatives, and financial outlook. BILL to Participate in Upcoming Investor Conference
• Neutral Sentiment: A Zacks article compared BILL with Palantir as a value stock, but it does not add new operating news for the company and is unlikely to drive the stock on its own. BILL or PLTR: Which Is the Better Value Stock Right Now?
• Negative Sentiment: The leadership shake-up follows recent mass job cuts, which may keep some investors cautious about execution risk and the pace of BILL’s turnaround.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BILL. Keefe, Bruyette & Woods upped their price objective on shares of BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a research note on Tuesday, May 12th. The Goldman Sachs Group upped their price objective on shares of BILL from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Wall Street Zen lowered BILL from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. BMO Capital Markets lifted their price target on BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $75.00 price target on shares of BILL in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $56.80.

BILL Trading Up 0.4%

The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48. The company’s fifty day moving average is $38.16 and its 200-day moving average is $44.92. The firm has a market capitalization of $3.47 billion, a P/E ratio of -3,481.02, a P/E/G ratio of 1.31 and a beta of 1.22.

BILL (NYSE:BILL) last posted its quarterly earnings data 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. The business had revenue of $406.56 million during the quarter, compared to the consensus estimate of $403.76 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. BILL’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.50 EPS. 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, sell-side analysts anticipate that BILL Holdings, Inc. will post 0.88 earnings per share for the current fiscal year.

Institutional Trading of BILL

Large investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its holdings in shares of BILL by 972.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after buying an additional 486 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of BILL during the fourth quarter worth approximately $28,000. State of Wyoming acquired a new position in shares of BILL during the first quarter worth approximately $32,000. Rockefeller Capital Management L.P. lifted its holdings in shares of BILL by 173.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after buying an additional 452 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of BILL by 1,000.0% during the fourth quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after buying an additional 730 shares during the last quarter. 97.99% of the stock is 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.