BILL (NYSE:BILL – Get Free Report) had its price objective lowered by analysts at Susquehanna from $89.00 to $84.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “positive” rating on the stock. Susquehanna’s target price points to a potential upside of 84.40% from the company’s previous close.
A number of other equities research analysts have also weighed in on the company. BMO Capital Markets reduced their price objective on BILL from $56.00 to $54.00 and set a “market perform” rating on the stock in a research report on Friday. Weiss Ratings reissued a “sell (d+)” rating on shares of BILL in a research note on Wednesday, October 8th. The Goldman Sachs Group upped their price objective on BILL from $54.00 to $62.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Wolfe Research upgraded shares of BILL from a “peer perform” rating to an “outperform” rating and set a $70.00 target price on the stock in a research report on Thursday, September 11th. Finally, Citigroup raised shares of BILL to a “strong-buy” rating in a report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $58.90.
Check Out Our Latest Stock Analysis on BILL
BILL Price Performance
BILL (NYSE:BILL – Get Free Report) last posted its earnings results 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. The firm had revenue of $395.74 million for the quarter, compared to analysts’ expectations of $390.91 million. BILL had a net margin of 0.79% and a return on equity of 1.39%. The company’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous 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. Research analysts anticipate that BILL will post 0.12 EPS for the current fiscal year.
BILL declared that its board has approved a share buyback program on Wednesday, August 27th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 7.2% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in BILL. Nomura Holdings Inc. lifted its position in shares of BILL by 7,753.6% in the 2nd quarter. Nomura Holdings Inc. now owns 1,486,762 shares of the company’s stock worth $68,778,000 after purchasing an additional 1,467,831 shares during the period. Contour Asset Management LLC bought a new position in BILL during the first quarter worth $65,783,000. Dimensional Fund Advisors LP lifted its holdings in BILL by 110.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company’s stock valued at $114,265,000 after buying an additional 1,309,337 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in BILL by 133.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,038,609 shares of the company’s stock valued at $93,552,000 after acquiring an additional 1,165,398 shares during the last quarter. Finally, Norges Bank bought a new stake in BILL during the second quarter valued at $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.
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