BILL (NYSE:BILL) Price Target Cut to $60.00 by Analysts at UBS Group

BILL (NYSE:BILL) had its price target decreased by UBS Group from $65.00 to $60.00 in a report released on Friday,Benzinga reports. UBS Group currently has a buy rating on the stock.

BILL has been the subject of several other reports. Oppenheimer upped their price target on shares of BILL from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday, October 24th. Robert W. Baird lowered their target price on BILL from $55.00 to $52.00 and set a “neutral” rating for the company in a research note on Friday, July 18th. Mizuho dropped their target price on BILL from $50.00 to $43.00 and set a “neutral” rating for the company in a report on Thursday, August 28th. Susquehanna lowered their price objective on BILL from $89.00 to $84.00 and set a “positive” rating for the company in a research report on Friday. Finally, Wolfe Research raised 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. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, BILL currently has an average rating of “Moderate Buy” and an average target price of $58.90.

BILL Price Performance

BILL traded up $1.18 during midday trading on Friday, hitting $45.55. The stock had a trading volume of 4,955,623 shares, compared to its average volume of 2,463,874. BILL has a 1 year low of $36.55 and a 1 year high of $100.19. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.58 and a current ratio of 1.58. The business has a fifty day moving average of $50.77 and a 200 day moving average of $46.68. The company has a market cap of $4.57 billion, a P/E ratio of -168.70, a price-to-earnings-growth ratio of 11.65 and a beta of 1.43.

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 net margin of 0.79% and a return on equity of 1.39%. The firm had revenue of $395.74 million during the quarter, compared to analyst estimates of $390.91 million. During the same period in the previous year, the business posted $0.63 EPS. The business’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. As a group, equities analysts forecast that BILL will post 0.12 earnings per share for the current fiscal year.

BILL declared that its Board of Directors has initiated a share buyback plan on Wednesday, August 27th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 7.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Institutional Investors Weigh In On BILL

Large investors have recently modified their holdings of the stock. Nomura Holdings Inc. raised its stake in BILL by 7,753.6% in the second quarter. Nomura Holdings Inc. now owns 1,486,762 shares of the company’s stock worth $68,778,000 after buying an additional 1,467,831 shares in the last quarter. Contour Asset Management LLC purchased a new position in shares of BILL during the 1st quarter worth approximately $65,783,000. Dimensional Fund Advisors LP grew its holdings in shares of BILL by 110.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company’s stock worth $114,265,000 after acquiring an additional 1,309,337 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of BILL by 133.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,038,609 shares of the company’s stock worth $93,552,000 after acquiring an additional 1,165,398 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of BILL in the 2nd quarter valued at approximately $52,908,000. 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.