BILL (NYSE:BILL) Price Target Raised to $60.00

by · The Cerbat Gem

BILL (NYSE:BILL – Free Report) had its price objective hoisted by Keefe, Bruyette & Woods from $52.00 to $60.00 in a report issued on Friday,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.

Several other research analysts have also weighed in on BILL. Needham & Company LLC reaffirmed a “buy” rating and issued a $75.00 target price on shares of BILL in a research report on Monday, November 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of BILL in a research note on Monday, December 29th. Citigroup upgraded BILL to a “strong-buy” rating in a report on Thursday, October 23rd. William Blair reiterated a “market perform” rating on shares of BILL in a research note on Friday, November 7th. Finally, BMO Capital Markets decreased their target price on shares of BILL from $56.00 to $54.00 and set a “market perform” rating for the company in a research report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, BILL currently has an average rating of “Hold” and an average price target of $59.43.

Get Our Latest Stock Report on BILL

BILL Stock Performance

Shares of BILL opened at $50.58 on Friday. The company has a market capitalization of $5.07 billion, a PE ratio of -187.31, a PEG ratio of 7.13 and a beta of 1.32. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.67 and a current ratio of 1.67. The company’s 50 day moving average price is $51.40 and its 200 day moving average price is $48.76. BILL has a 52 week low of $36.55 and a 52 week high of $100.19.

BILL (NYSE:BILL – Get Free Report) last issued its earnings results on Thursday, November 6th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.10. BILL had a net margin of 0.79% and a return on equity of 1.39%. The company had revenue of $395.74 million during the quarter, compared to analyst estimates of $390.91 million. During the same quarter last year, the business posted $0.63 EPS. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.110-2.250 EPS and its Q2 2026 guidance at 0.540-0.570 EPS. Research analysts expect that BILL will post 0.12 EPS for the current fiscal year.

Insider Buying and Selling

In other BILL news, SVP Germaine Cota sold 1,104 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $51.23, for a total transaction of $56,557.92. Following the transaction, the senior vice president owned 10,812 shares in the company, valued at $553,898.76. This trade represents a 9.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 13.20% of the stock is currently owned by company insiders.

Institutional Trading of BILL

Several large investors have recently modified their holdings of BILL. Vanguard Group Inc. raised its holdings in BILL by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 10,843,612 shares of the company’s stock worth $574,386,000 after acquiring an additional 371,265 shares during the period. Temasek Holdings Private Ltd grew its position in shares of BILL by 36.4% in the first quarter. Temasek Holdings Private Ltd now owns 3,719,895 shares of the company’s stock valued at $170,706,000 after purchasing an additional 992,591 shares during the last quarter. Greenhouse Funds LLLP increased its stake in shares of BILL by 23.0% in the second quarter. Greenhouse Funds LLLP now owns 2,889,979 shares of the company’s stock worth $133,690,000 after purchasing an additional 541,213 shares during the period. Ameriprise Financial Inc. increased its stake in shares of BILL by 14.2% in the third quarter. Ameriprise Financial Inc. now owns 2,546,171 shares of the company’s stock worth $134,871,000 after purchasing an additional 317,014 shares during the period. Finally, Marshall Wace LLP lifted its position in shares of BILL by 190.8% during the 3rd quarter. Marshall Wace LLP now owns 2,166,899 shares of the company’s stock worth $114,781,000 after purchasing an additional 1,421,785 shares during the last quarter. 97.99% of the stock is owned by institutional investors.

BILL Company Profile

(Get Free Report)

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.

See Also