BILL (NYSE:BILL) Stock Price Up 9.1% – Should You Buy?

BILL Holdings, Inc. (NYSE:BILL) shares traded up 9.1% during mid-day trading on Wednesday . The company traded as high as $39.33 and last traded at $39.4360. Approximately 1,503,515 shares changed hands during trading, a decline of 44% from the average session volume of 2,669,780 shares. The stock had previously closed at $36.16.

Wall Street Analyst Weigh In

Several research analysts recently commented on BILL shares. Oppenheimer set a $55.00 price target on shares of BILL and gave the stock an “outperform” rating in a research note on Friday, May 8th. The Goldman Sachs Group upped their target price on shares of BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Robert W. Baird lifted their price target on shares of BILL from $50.00 to $54.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Keefe, Bruyette & Woods boosted their price target on BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a report on Tuesday, May 12th. Finally, Morgan Stanley set a $55.00 price objective on BILL in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $55.19.

BILL Stock Up 8.6%

The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48. The firm has a market cap of $3.91 billion, a PE ratio of -3,921.58, a P/E/G ratio of 1.26 and a beta of 1.20. The business’s 50-day simple moving average is $36.41 and its 200 day simple moving average is $42.33.

BILL (NYSE:BILL) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.13. The firm had revenue of $406.56 million for the quarter, compared to the consensus estimate of $403.76 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. The company’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period last year, the firm earned $0.50 earnings per share. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. As a group, equities research analysts expect that BILL Holdings, Inc. will post 0.95 earnings per share for the current year.

Institutional Investors Weigh In On BILL

A number of hedge funds and other institutional investors have recently modified their holdings of BILL. ER Collective Holdings LLC purchased a new position in BILL in the fourth quarter valued at $464,588,000. Senvest Management LLC lifted its position in BILL by 155.8% in the fourth quarter. Senvest Management LLC now owns 2,573,261 shares of the company’s stock valued at $140,346,000 after acquiring an additional 1,567,186 shares during the last quarter. Contour Asset Management LLC increased its holdings in shares of BILL by 45.5% in the fourth quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company’s stock valued at $256,914,000 after purchasing an additional 1,472,132 shares during the period. Marshall Wace LLP raised its position in shares of BILL by 190.8% in the third quarter. Marshall Wace LLP now owns 2,166,899 shares of the company’s stock valued at $114,781,000 after buying an additional 1,421,785 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of BILL in the 4th quarter worth about $54,275,000. 97.99% of the stock is currently owned by institutional investors and hedge funds.

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. It also offers onboarding implementation support, and ongoing support and training services.