Analysts expect that Bottomline Technologies (NASDAQ:EPAY) will post earnings of $0.32 per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Bottomline Technologies’ earnings. The lowest EPS estimate is $0.31 and the highest is $0.33. Bottomline Technologies posted earnings per share of $0.35 during the same quarter last year, which would indicate a negative year-over-year growth rate of 8.6%. The company is scheduled to report its next quarterly earnings report after the market closes on Thursday, January 30th.

According to Zacks, analysts expect that Bottomline Technologies will report full-year earnings of $1.39 per share for the current financial year, with EPS estimates ranging from $1.35 to $1.41. For the next fiscal year, analysts forecast that the firm will report earnings of $1.57 per share, with EPS estimates ranging from $1.55 to $1.58. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Bottomline Technologies.

Bottomline Technologies (NASDAQ:EPAY) last posted its earnings results on Friday, November 8th. The technology company reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.02. Bottomline Technologies had a net margin of 2.10% and a return on equity of 5.75%. The company had revenue of $108.20 million for the quarter, compared to analysts’ expectations of $105.98 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. Bottomline Technologies’s revenue for the quarter was up 5.7% compared to the same quarter last year.

A number of analysts have issued reports on EPAY shares. DA Davidson boosted their price target on shares of Bottomline Technologies from $42.00 to $46.00 and gave the stock a “neutral” rating in a research note on Thursday, January 2nd. BidaskClub lowered shares of Bottomline Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 18th. Raymond James boosted their price target on shares of Bottomline Technologies from $58.00 to $66.00 and gave the stock an “outperform” rating in a research note on Tuesday. William Blair lowered shares of Bottomline Technologies from a “market perform” rating to an “underperform” rating in a research note on Friday, November 8th. Finally, ValuEngine lowered shares of Bottomline Technologies from a “strong-buy” rating to a “buy” rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $54.75.

NASDAQ:EPAY traded up $1.75 on Tuesday, reaching $56.59. 376,272 shares of the company’s stock were exchanged, compared to its average volume of 228,076. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 257.24 and a beta of 1.10. The business has a fifty day moving average of $53.55 and a 200-day moving average of $45.37. Bottomline Technologies has a 52-week low of $37.04 and a 52-week high of $57.19.

In related news, insider John Francis Kelly sold 2,538 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $46.94, for a total transaction of $119,133.72. Also, Director Benjamin E. Robinson III sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $47.52, for a total transaction of $118,800.00. Insiders have sold 14,536 shares of company stock worth $711,310 over the last quarter. Insiders own 2.60% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in EPAY. Fisher Asset Management LLC increased its stake in Bottomline Technologies by 1.0% in the third quarter. Fisher Asset Management LLC now owns 426,317 shares of the technology company’s stock valued at $16,776,000 after purchasing an additional 4,313 shares during the last quarter. Millennium Management LLC increased its stake in Bottomline Technologies by 2,125.9% in the third quarter. Millennium Management LLC now owns 234,837 shares of the technology company’s stock valued at $9,240,000 after purchasing an additional 224,287 shares during the last quarter. Voloridge Investment Management LLC purchased a new position in Bottomline Technologies in the third quarter valued at approximately $1,495,000. Man Group plc increased its stake in Bottomline Technologies by 14.9% in the second quarter. Man Group plc now owns 79,452 shares of the technology company’s stock valued at $3,516,000 after purchasing an additional 10,315 shares during the last quarter. Finally, Comerica Bank increased its stake in Bottomline Technologies by 34.7% in the third quarter. Comerica Bank now owns 107,438 shares of the technology company’s stock valued at $4,260,000 after purchasing an additional 27,659 shares during the last quarter. Hedge funds and other institutional investors own 87.82% of the company’s stock.

Bottomline Technologies Company Profile

Bottomline Technologies (de), Inc provides software as a service based solutions. It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Transactional Documents, and Other. The company's products and services include Paymode-X, a cloud-based payment network, which allows businesses to transition to electronic integrated payables; and cloud-based financial messaging solutions that enable banks and corporations to exchange financial information, such as payment instructions, cash reporting, and other messages to facilitate transaction settlement.

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