BILL (NYSE:BILL – Get Free Report) issued an update on its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 0.970-1.010 for the period, compared to the consensus earnings per share estimate of 0.820. The company issued revenue guidance of $353.0 million-$363.0 million, compared to the consensus revenue estimate of $453.1 million. BILL also updated its FY 2027 guidance to 3.990-4.150 EPS.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. Weiss Ratings lowered shares of BILL from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, August 31st. Keefe, Bruyette & Woods boosted their target price on shares of BILL from $46.00 to $54.00 and gave the company a “market perform” rating in a research report on Thursday, August 20th. The Goldman Sachs Group upped their target price on shares of BILL from $50.00 to $57.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Morgan Stanley increased their price target on shares of BILL from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 20th. Finally, Wall Street Zen upgraded shares of BILL from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Eleven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $58.56.
Read Our Latest Stock Analysis on BILL
BILL Stock Performance
NYSE:BILL traded down $1.07 during mid-day trading on Thursday, hitting $50.80. 1,812,827 shares of the company traded hands, compared to its average volume of 2,385,473. The stock’s fifty day moving average price is $47.13 and its 200-day moving average price is $42.65. BILL has a one year low of $31.41 and a one year high of $57.21. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.49. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of -390.76, a price-to-earnings-growth ratio of 0.72 and a beta of 1.08.
BILL (NYSE:BILL – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.20. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%. The business had revenue of $353.77 million during the quarter, compared to analysts’ expectations of $438.62 million. BILL has set its FY 2027 guidance at 3.990-4.150 EPS and its Q2 2027 guidance at 0.970-1.010 EPS. Research analysts anticipate that BILL will post 2.29 earnings per share for the current fiscal year.
Insider Activity at BILL
In related news, CEO Rene A. Lacerte sold 141,256 shares of BILL stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $48.42, for a total transaction of $6,839,615.52. Following the transaction, the chief executive officer owned 100,899 shares in the company, valued at approximately $4,885,529.58. The trade was a 58.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael Cieri sold 10,754 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $49.13, for a total transaction of $528,344.02. Following the completion of the transaction, the insider directly owned 997 shares of the company’s stock, valued at $48,982.61. This represents a 91.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 267,997 shares of company stock worth $13,057,984 in the last ninety days. Insiders own 13.20% of the company’s stock.
BILL Company Profile
BILL Holdings, Inc provides financial operations software for small and midsize businesses, accountants and financial institutions. Its cloud-based platform is designed to automate and simplify back-office processes, including accounts payable, accounts receivable, expense management, budgeting and payments.
The company’s offerings enable businesses to receive and pay bills, send invoices, manage expenses, establish spending controls and connect financial workflows with accounting systems.
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