BILL Holdings, Inc. (NYSE:BILL) Receives $80.89 Consensus Price Target from Analysts

BILL Holdings, Inc. (NYSE:BILL) has received an average rating of “Moderate Buy” from the twenty analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $80.89.

A number of equities analysts recently weighed in on the stock. Susquehanna lifted their price objective on shares of BILL from $91.00 to $100.00 and gave the company a “positive” rating in a research report on Tuesday, January 7th. Piper Sandler reiterated an “overweight” rating and set a $85.00 price target on shares of BILL in a research note on Friday, February 7th. Oppenheimer reduced their price objective on shares of BILL from $110.00 to $90.00 and set an “outperform” rating for the company in a research report on Friday, February 7th. KeyCorp lowered their price objective on BILL from $85.00 to $70.00 and set an “overweight” rating on the stock in a report on Tuesday, March 18th. Finally, Wells Fargo & Company reduced their price target on BILL from $65.00 to $57.00 and set an “underweight” rating for the company in a report on Friday, February 7th.

Institutional Trading of BILL

A number of large investors have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its position in BILL by 74.9% during the fourth quarter. GAMMA Investing LLC now owns 306 shares of the company’s stock worth $26,000 after acquiring an additional 131 shares during the last quarter. Crewe Advisors LLC boosted its holdings in shares of BILL by 129.1% during the fourth quarter. Crewe Advisors LLC now owns 307 shares of the company’s stock worth $26,000 after purchasing an additional 173 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of BILL in the fourth quarter valued at $27,000. CoreCap Advisors LLC acquired a new position in BILL in the fourth quarter valued at $30,000. Finally, Coppell Advisory Solutions LLC lifted its position in BILL by 202.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 369 shares of the company’s stock worth $32,000 after buying an additional 247 shares during the period. Institutional investors and hedge funds own 97.99% of the company’s stock.

BILL Price Performance

Shares of NYSE:BILL opened at $50.95 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.66 and a current ratio of 1.66. BILL has a one year low of $42.82 and a one year high of $100.19. The company has a 50-day simple moving average of $67.09 and a 200-day simple moving average of $70.13. The stock has a market capitalization of $5.19 billion, a price-to-earnings ratio of -5,095.40, a PEG ratio of 29.46 and a beta of 2.00.

BILL (NYSE:BILL) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.38). BILL had a return on equity of 1.53% and a net margin of 5.90%. On average, analysts predict that BILL will post 0.12 EPS for the current year.

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.