BILL (NYSE:BILL – Get Free Report) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.960-1.000 for the period, compared to the consensus earnings per share estimate of 0.670. The company issued revenue guidance of $432.5 million-$442.5 million, compared to the consensus revenue estimate of $443.0 million. BILL also updated its FY 2027 guidance to 3.560-3.790 EPS.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of BILL in a research note on Monday. Zacks Research lowered BILL from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Keefe, Bruyette & Woods lifted their price objective on BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a report on Tuesday, May 12th. The Goldman Sachs Group upped their target price on BILL from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Finally, Oppenheimer set a $55.00 target price on BILL and gave the company an “outperform” rating in a research report on Friday, May 8th. Twelve 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’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $55.95.
Check Out Our Latest Research Report on BILL
BILL Price Performance
BILL (NYSE:BILL – Get Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.13. The business had revenue of $436.19 million for the quarter, compared to analyst estimates of $430.55 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. As a group, equities research analysts predict that BILL will post 0.95 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of BILL. Empowered Funds LLC grew its holdings in shares of BILL by 50.3% during the 1st quarter. Empowered Funds LLC now owns 8,002 shares of the company’s stock valued at $367,000 after purchasing an additional 2,678 shares during the last quarter. Prudential Financial Inc. grew its stake in shares of BILL by 19.6% during the second quarter. Prudential Financial Inc. now owns 9,992 shares of the company’s stock worth $462,000 after buying an additional 1,637 shares during the last quarter. California Public Employees Retirement System grew its stake in shares of BILL by 2.2% during the second quarter. California Public Employees Retirement System now owns 167,487 shares of the company’s stock worth $7,748,000 after buying an additional 3,602 shares during the last quarter. AXA S.A. grew its stake in shares of BILL by 121.7% during the second quarter. AXA S.A. now owns 58,346 shares of the company’s stock worth $2,699,000 after buying an additional 32,024 shares during the last quarter. Finally, Bayesian Capital Management LP acquired a new position in shares of BILL during the second quarter worth $1,624,000. 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.
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