BILL (NYSE:BILL) Shares Gap Up – Still a Buy?

BILL Holdings, Inc. (NYSE:BILL)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $46.57, but opened at $52.34. BILL shares last traded at $53.0550, with a volume of 2,151,017 shares.

Wall Street Analyst Weigh In

A number of research firms have recently commented on BILL. Deutsche Bank Aktiengesellschaft started coverage on BILL in a research report on Thursday, July 17th. They set a “hold” rating and a $49.00 price target on the stock. BMO Capital Markets lowered their target price on BILL from $56.00 to $54.00 and set a “market perform” rating on the stock in a research report on Friday, November 7th. Needham & Company LLC reissued a “buy” rating and issued a $75.00 price objective on shares of BILL in a research report on Friday, November 7th. Truist Financial dropped their price target on BILL from $63.00 to $61.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Finally, Robert W. Baird reduced their price target on BILL from $55.00 to $52.00 and set a “neutral” rating for the company in a research note on Friday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $58.90.

BILL Price Performance

The stock has a market cap of $5.04 billion, a P/E ratio of -186.43, a P/E/G ratio of 7.53 and a beta of 1.43. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.58 and a current ratio of 1.67. The business has a 50 day simple moving average of $50.94 and a 200-day simple moving average of $46.87.

BILL (NYSE:BILL) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.10. BILL had a net margin of 0.79% and a return on equity of 1.39%. The company had revenue of $395.74 million during the quarter, compared to analyst estimates of $390.91 million. During the same quarter in the prior year, the business earned $0.63 earnings per share. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.110-2.250 EPS. Q2 2026 guidance at 0.540-0.570 EPS. On average, sell-side analysts forecast that BILL Holdings, Inc. will post 0.12 EPS for the current year.

BILL announced that its Board of Directors has initiated a stock buyback plan on Wednesday, August 27th that permits the company to repurchase $300.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 7.2% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Institutional Investors Weigh In On BILL

Large investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in BILL by 24.4% during the first quarter. Envestnet Asset Management Inc. now owns 98,875 shares of the company’s stock valued at $4,537,000 after purchasing an additional 19,378 shares during the last quarter. Xponance Inc. raised its position in shares of BILL by 1.6% in the first quarter. Xponance Inc. now owns 13,902 shares of the company’s stock valued at $638,000 after purchasing an additional 222 shares during the period. New York State Common Retirement Fund lifted its stake in shares of BILL by 56.1% during the 1st quarter. New York State Common Retirement Fund now owns 213,325 shares of the company’s stock valued at $9,789,000 after buying an additional 76,704 shares in the last quarter. Edgestream Partners L.P. purchased a new stake in shares of BILL during the 1st quarter valued at approximately $2,418,000. Finally, Massachusetts Financial Services Co. MA bought a new position in BILL in the 1st quarter worth approximately $32,460,000. Hedge funds and other institutional investors 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.