BILL (NYSE:BILL) Rating Increased to Strong-Buy at Zacks Research

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

A number of other analysts also recently weighed in on BILL. William Blair restated a “market perform” rating on shares of BILL in a report on Friday. UBS Group reduced their price objective on BILL from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday. Keefe, Bruyette & Woods decreased their price objective on BILL from $56.00 to $48.00 and set a “market perform” rating on the stock in a research report on Friday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BILL in a research note on Wednesday, October 8th. Finally, Evercore ISI cut their target price on BILL from $50.00 to $48.00 and set an “in-line” rating on the stock in a research report on Thursday, August 28th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $58.90.

BILL Stock Up 2.7%

Shares of BILL opened at $45.55 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.58 and a quick ratio of 1.58. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of -168.70, a price-to-earnings-growth ratio of 11.65 and a beta of 1.43. BILL has a 1 year low of $36.55 and a 1 year high of $100.19. The business’s 50 day simple moving average is $50.77 and its 200-day simple moving average is $46.68.

BILL (NYSE:BILL) last posted its earnings results on Thursday, November 6th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.10. The firm had revenue of $395.74 million during the quarter, compared to analyst estimates of $390.91 million. BILL had a net margin of 0.79% and a return on equity of 1.39%. BILL’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period last year, the firm posted $0.63 earnings per share. 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 expect that BILL will post 0.12 earnings per share for the current fiscal year.

BILL announced 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 shares. This buyback authorization authorizes the company to purchase up to 7.2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Institutional Investors Weigh In On BILL

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quarry LP grew its stake in BILL by 85.9% in the 1st quarter. Quarry LP now owns 766 shares of the company’s stock worth $35,000 after acquiring an additional 354 shares in the last quarter. Brooklyn Investment Group raised its stake in shares of BILL by 73.6% during the first quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock valued at $41,000 after acquiring an additional 377 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of BILL by 283.3% in the second quarter. UMB Bank n.a. now owns 1,215 shares of the company’s stock valued at $56,000 after purchasing an additional 898 shares during the period. Blue Trust Inc. grew its stake in BILL by 102.7% in the second quarter. Blue Trust Inc. now owns 1,261 shares of the company’s stock worth $58,000 after purchasing an additional 639 shares in the last quarter. Finally, State of Wyoming bought a new position in BILL in the first quarter worth approximately $62,000. 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.