JPMorgan Chase & Co. Has Lowered Expectations for BILL (NYSE:BILL) Stock Price

BILL (NYSE:BILL) had its price target lowered by stock analysts at JPMorgan Chase & Co. from $60.00 to $50.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 38.95% from the company’s previous close.

A number of other brokerages also recently issued reports on BILL. Zacks Research raised BILL from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Wall Street Zen raised BILL from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Canaccord Genuity Group upped their target price on shares of BILL from $75.00 to $77.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Morgan Stanley set a $55.00 price target on shares of BILL in a report on Friday, May 8th. Finally, Robert W. Baird lifted their price target on shares of BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. One equities research 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 stock. According to data from MarketBeat, BILL presently has a consensus rating of “Moderate Buy” and a consensus target price of $56.30.

BILL Stock Up 0.1%

Shares of BILL traded up $0.03 on Friday, hitting $35.99. 259,251 shares of the stock traded hands, compared to its average volume of 2,647,948. The company has a market capitalization of $3.58 billion, a PE ratio of -3,597.90, a P/E/G ratio of 1.33 and a beta of 1.20. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. The business has a 50 day simple moving average of $37.90 and a 200 day simple moving average of $44.49. BILL has a one year low of $34.35 and a one year high of $57.21.

BILL (NYSE:BILL) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, beating 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 business had revenue of $406.56 million for the quarter, compared to analysts’ expectations of $403.76 million. During the same period in the prior year, the firm posted $0.50 EPS. The firm’s quarterly revenue was up 13.5% on a year-over-year basis. 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 forecast that BILL will post 0.88 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. UMB Bank n.a. grew its position in BILL by 21.8% during the 4th quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock worth $73,000 after purchasing an additional 239 shares during the period. GAMMA Investing LLC lifted its holdings in shares of BILL by 27.2% in the 4th quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock valued at $68,000 after buying an additional 266 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in shares of BILL by 1.7% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 18,100 shares of the company’s stock valued at $693,000 after buying an additional 300 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of BILL by 1.3% in the second quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock worth $1,165,000 after buying an additional 327 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its stake in shares of BILL by 46.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock worth $69,000 after buying an additional 401 shares during the last quarter. Institutional investors own 97.99% of the company’s stock.

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.