BILL (NYSE:BILL) Downgraded by Wall Street Zen to Hold

Wall Street Zen cut shares of BILL (NYSE:BILL) from a buy rating to a hold rating in a research report sent to investors on Sunday.

Several other analysts also recently issued reports on BILL. Truist Financial set a $59.00 target price on BILL in a research note on Tuesday, February 10th. Robert W. Baird set a $50.00 price objective on shares of BILL in a research report on Friday, February 6th. UBS Group lowered their target price on shares of BILL from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, November 7th. BMO Capital Markets cut their target price on shares of BILL from $50.00 to $46.00 and set a “market perform” rating for the company in a research note on Friday, February 6th. Finally, Susquehanna reduced their price target on shares of BILL from $89.00 to $84.00 and set a “positive” rating on the stock in a report on Friday, November 7th. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $56.95.

BILL Price Performance

Shares of NYSE:BILL opened at $46.16 on Friday. The company has a market capitalization of $4.57 billion, a P/E ratio of -192.32, a P/E/G ratio of 5.48 and a beta of 1.31. BILL has a 1-year low of $35.46 and a 1-year high of $57.69. The firm’s 50 day simple moving average is $49.52 and its two-hundred day simple moving average is $49.23. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.65 and a quick ratio of 1.65.

BILL (NYSE:BILL) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.56 by $0.08. The firm had revenue of $414.67 million for the quarter, compared to the consensus estimate of $399.71 million. BILL had a negative net margin of 1.56% and a positive return on equity of 1.70%. The company’s revenue was up 14.4% on a year-over-year basis. During the same period last year, the firm earned $0.56 EPS. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. Research analysts expect that BILL will post 0.12 EPS for the current fiscal year.

Insider Activity at BILL

In other news, SVP Germaine Cota sold 1,104 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $51.23, for a total value of $56,557.92. Following the sale, the senior vice president directly owned 10,812 shares in the company, valued at $553,898.76. The trade was a 9.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 13.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Alberta Investment Management Corp purchased a new stake in BILL during the fourth quarter valued at approximately $1,505,000. XTX Topco Ltd bought a new position in shares of BILL during the 4th quarter valued at approximately $1,839,000. Susquehanna Fundamental Investments LLC purchased a new stake in BILL during the 4th quarter valued at $9,579,000. Quadrature Capital Ltd bought a new stake in BILL in the fourth quarter worth $1,389,000. Finally, Occudo Quantitative Strategies LP bought a new stake in BILL in the fourth quarter worth $286,000. Hedge funds and other 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. It also offers onboarding implementation support, and ongoing support and training services.