BILL (NYSE:BILL) Announces Quarterly Earnings Results, Beats Expectations By $0.10 EPS

BILL (NYSE:BILL) announced its earnings results on Thursday. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.10, Briefing.com reports. The business had revenue of $395.74 million during the quarter, compared to analysts’ expectations of $390.91 million. BILL had a return on equity of 1.39% and a net margin of 0.79%.The business’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.63 earnings per share. BILL updated its FY 2026 guidance to 2.110-2.250 EPS and its Q2 2026 guidance to 0.540-0.570 EPS.

BILL Trading Up 2.7%

BILL stock traded up $1.18 on Friday, hitting $45.55. 4,955,623 shares of the company were exchanged, compared to its average volume of 2,463,874. 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. 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 business’s fifty day moving average is $50.77 and its two-hundred day moving average is $46.68. BILL has a twelve month low of $36.55 and a twelve month high of $100.19.

Hedge Funds Weigh In On BILL

A number of large investors have recently modified their holdings of BILL. Bayesian Capital Management LP acquired a new position in BILL during the second quarter valued at approximately $1,624,000. Gilder Gagnon Howe & Co. LLC lifted its holdings in shares of BILL by 3.5% during the 2nd quarter. Gilder Gagnon Howe & Co. LLC now owns 32,157 shares of the company’s stock valued at $1,488,000 after acquiring an additional 1,082 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of BILL by 1.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock valued at $1,165,000 after acquiring an additional 327 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in BILL during the 2nd quarter worth $974,000. Finally, FORA Capital LLC acquired a new stake in BILL in the 2nd quarter valued at $867,000. 97.99% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on BILL. Robert W. Baird reduced their price objective on BILL from $55.00 to $52.00 and set a “neutral” rating for the company in a research note on Friday, July 18th. Needham & Company LLC reiterated a “buy” rating and issued a $75.00 target price on shares of BILL in a research report on Friday. Oppenheimer upped their price objective on shares of BILL from $55.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. UBS Group lowered 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. Finally, Susquehanna dropped their target price on BILL from $89.00 to $84.00 and set a “positive” rating for the company in a report on Friday. Two investment 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, BILL currently has an average rating of “Moderate Buy” and a consensus target price of $58.90.

BILL announced that its board has initiated a share repurchase plan on Wednesday, August 27th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 7.2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

BILL Company Profile

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.