BILL (NYSE:BILL) Releases Earnings Results, Beats Estimates By $0.10 EPS

BILL (NYSE:BILL) posted its earnings results on Thursday. The company reported $0.61 EPS for the quarter, topping 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 the consensus estimate of $390.91 million. BILL had a net margin of 0.79% and a return on equity of 1.39%. The firm’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 EPS. BILL updated its FY 2026 guidance to 2.110-2.250 EPS and its Q2 2026 guidance to 0.540-0.570 EPS.

BILL Stock Performance

Shares of BILL stock traded up $1.18 during trading hours on Friday, hitting $45.55. 4,955,623 shares of the company were exchanged, compared to its average volume of 2,463,874. BILL has a 1 year low of $36.55 and a 1 year high of $100.19. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.38. The business has a 50-day moving average of $50.77 and a 200-day moving average of $46.68. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of -168.70, a P/E/G ratio of 11.65 and a beta of 1.43.

BILL declared that its board has initiated a share buyback program on Wednesday, August 27th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 7.2% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on BILL shares. JPMorgan Chase & Co. lifted their price objective on shares of BILL from $55.00 to $60.00 and gave the stock an “overweight” rating in a research note on Friday. Robert W. Baird reduced their price target on shares of BILL from $55.00 to $52.00 and set a “neutral” rating for the company in a research report on Friday, July 18th. Keefe, Bruyette & Woods lowered their price target on shares of BILL from $56.00 to $48.00 and set a “market perform” rating on the stock in a research report on Friday. Evercore ISI reduced their price objective 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. Finally, Canaccord Genuity Group restated a “buy” rating and set a $75.00 price objective on shares of BILL in a research report on Thursday, August 28th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $58.90.

Institutional Trading of BILL

Hedge funds have recently bought and sold shares of the company. FORA Capital LLC acquired a new stake in shares of BILL in the 2nd quarter worth about $867,000. Headlands Technologies LLC bought a new stake in shares of BILL in the 2nd quarter worth $487,000. Monimus Capital Management LP acquired a new stake in BILL in the 2nd quarter valued at about $2,033,000. Tidal Investments LLC bought a new stake in BILL during the second quarter worth approximately $573,000. Finally, Gilder Gagnon Howe & Co. LLC boosted its stake 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 worth $1,488,000 after acquiring an additional 1,082 shares in the last quarter. Institutional investors and hedge funds own 97.99% of the company’s stock.

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.