Zacks Research Downgrades BILL (NYSE:BILL) to Hold

BILL (NYSE:BILL) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Several other research analysts also recently weighed in on BILL. Wall Street Zen downgraded shares of BILL from a “buy” rating to a “hold” rating in a research note on Monday, July 13th. BMO Capital Markets upped their price objective on shares of BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. decreased their price objective on BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, June 5th. Oppenheimer set a $55.00 target price on BILL and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, Morgan Stanley set a $55.00 price target on BILL in a research note on Friday, May 8th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $55.50.

BILL Price Performance

BILL stock opened at $44.18 on Monday. The stock’s 50 day moving average price is $37.38 and its 200 day moving average price is $40.96. The firm has a market cap of $4.40 billion, a P/E ratio of -4,413.19, a PEG ratio of 1.01 and a beta of 1.17. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. BILL has a 1 year low of $31.41 and a 1 year high of $57.21.

BILL (NYSE:BILL) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.68 earnings per share 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 quarter last year, the business posted $0.50 earnings per share. BILL’s revenue 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. On average, sell-side analysts expect that BILL will post 0.95 earnings per share for the current fiscal year.

Institutional Investors Weigh In On BILL

A number of large investors have recently modified their holdings of the stock. Empowered Funds LLC lifted its position in BILL by 50.3% during the 1st quarter. Empowered Funds LLC now owns 8,002 shares of the company’s stock worth $367,000 after acquiring an additional 2,678 shares in the last quarter. Prudential Financial Inc. raised 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 valued at $462,000 after purchasing an additional 1,637 shares during the period. California Public Employees Retirement System lifted its position 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 purchasing an additional 3,602 shares in the last quarter. AXA S.A. boosted its stake in shares of BILL by 121.7% in the second quarter. AXA S.A. now owns 58,346 shares of the company’s stock valued at $2,699,000 after purchasing an additional 32,024 shares during the period. Finally, Bayesian Capital Management LP purchased a new position in shares of BILL in the second quarter valued at $1,624,000. Institutional investors and hedge funds own 97.99% of the company’s stock.

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. It also offers onboarding implementation support, and ongoing support and training services.