BILL (NYSE:BILL) Price Target Cut to $48.00 by Analysts at Keefe, Bruyette & Woods

BILL (NYSE:BILL) had its price target lowered by analysts at Keefe, Bruyette & Woods from $56.00 to $48.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 7.01% from the stock’s current price.

Other equities analysts also recently issued reports about the stock. Weiss Ratings restated a “sell (d+)” rating on shares of BILL in a report on Wednesday, October 8th. BMO Capital Markets lowered their price objective on BILL from $52.00 to $50.00 and set a “market perform” rating for the company in a research report on Thursday, August 28th. Evercore ISI decreased their price target on BILL from $50.00 to $48.00 and set an “in-line” rating on the stock in a research note on Thursday, August 28th. Wolfe Research raised shares of BILL from a “peer perform” rating to an “outperform” rating and set a $70.00 price objective for the company in a research note on Thursday, September 11th. Finally, Robert W. Baird lowered their target price on shares of BILL from $55.00 to $52.00 and set a “neutral” rating for the company in a report on Friday, July 18th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, BILL has a consensus rating of “Hold” and a consensus price target of $59.10.

BILL Stock Performance

BILL stock traded up $0.49 during midday trading on Friday, hitting $44.86. 1,202,693 shares of the company’s stock were exchanged, compared to its average volume of 2,881,265. BILL has a 12-month low of $36.55 and a 12-month high of $100.19. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of -281.13, a price-to-earnings-growth ratio of 12.22 and a beta of 1.43. The firm’s 50 day simple moving average is $50.79 and its 200 day simple moving average is $46.64. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.58 and a current ratio of 1.58.

BILL (NYSE:BILL) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.10. BILL had a return on equity of 1.16% and a net margin of 1.63%.The firm had revenue of $395.74 million for the quarter, compared to analyst estimates of $390.91 million. During the same quarter in the prior year, the company posted $0.63 earnings per share. BILL’s quarterly revenue was up 10.4% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.110-2.250 EPS. Q2 2026 guidance at 0.540-0.570 EPS. Equities research analysts predict that BILL will post 0.12 EPS for the current year.

BILL declared that its board has approved a share buyback program on Wednesday, August 27th that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the company to repurchase up to 7.2% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Institutional Trading of BILL

Several institutional investors have recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of BILL by 66.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 5,878 shares of the company’s stock valued at $270,000 after buying an additional 2,336 shares during the period. Principal Financial Group Inc. increased its position in BILL by 2.5% in the first quarter. Principal Financial Group Inc. now owns 401,570 shares of the company’s stock worth $18,428,000 after buying an additional 9,966 shares during the period. Bank of New York Mellon Corp lifted its stake in BILL by 5.3% in the first quarter. Bank of New York Mellon Corp now owns 850,800 shares of the company’s stock valued at $39,043,000 after buying an additional 43,186 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in BILL by 24.4% in the first quarter. Envestnet Asset Management Inc. now owns 98,875 shares of the company’s stock valued at $4,537,000 after buying an additional 19,378 shares during the last quarter. Finally, Xponance Inc. grew its holdings in BILL by 1.6% in the 1st quarter. Xponance Inc. now owns 13,902 shares of the company’s stock worth $638,000 after buying an additional 222 shares in the last quarter. Institutional investors 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.