BILL (NYSE:BILL) Downgraded by Jefferies Financial Group to “Hold”

Jefferies Financial Group downgraded shares of BILL (NYSE:BILL) from a strong-buy rating to a hold rating in a research note published on Monday,Zacks reports.

BILL has been the subject of a number of other research reports. Needham & Company LLC restated a “buy” rating on shares of BILL in a research report on Thursday, August 20th. Morgan Stanley raised their price objective on shares of BILL from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 20th. Zacks Research upgraded BILL from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th. Weiss Ratings lowered BILL from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, August 31st. Finally, Truist Financial raised their price target on BILL from $44.00 to $52.00 and gave the stock a “hold” rating in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $58.67.

BILL Price Performance

Shares of NYSE:BILL opened at $41.95 on Monday. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of -322.67, a price-to-earnings-growth ratio of 0.62 and a beta of 1.10. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.51 and a quick ratio of 1.51. The business’s 50 day simple moving average is $47.36 and its 200-day simple moving average is $41.25. BILL has a 12 month low of $31.41 and a 12 month high of $57.21.

BILL (NYSE:BILL) last posted its earnings results on Wednesday, August 19th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.13. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%.The company had revenue of $436.19 million for the quarter, compared to the consensus estimate of $430.55 million. During the same period in the previous year, the business earned $0.53 earnings per share. BILL’s quarterly revenue was up 13.8% compared to the same quarter last year. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. As a group, equities analysts forecast that BILL will post 2.22 earnings per share for the current fiscal year.

Insider Activity at BILL

In other BILL news, insider Michael Cieri sold 10,754 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $49.13, for a total value of $528,344.02. Following the completion of the transaction, the insider directly owned 997 shares in the company, valued at approximately $48,982.61. The trade was a 91.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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. Also, CEO Rene Lacerte sold 42,248 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $50.17, for a total value of $2,119,582.16. Following the transaction, the chief executive officer directly owned 163,125 shares in the company, valued at approximately $8,183,981.25. This represents a 20.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 267,997 shares of company stock valued at $13,057,984 over the last ninety days. 13.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On BILL

Several large investors have recently added to or reduced their stakes in the business. ER Collective Holdings LLC purchased a new stake in BILL in the 4th quarter valued at about $464,588,000. Contour Asset Management LLC lifted its holdings in shares of BILL by 45.5% during the 4th quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company’s stock worth $256,914,000 after acquiring an additional 1,472,132 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of BILL by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 3,090,741 shares of the company’s stock worth $118,366,000 after acquiring an additional 126,427 shares during the last quarter. Parnassus Investments LLC boosted its position in shares of BILL by 61.6% in the fourth quarter. Parnassus Investments LLC now owns 1,463,791 shares of the company’s stock worth $79,835,000 after acquiring an additional 558,206 shares during the last quarter. Finally, Norges Bank purchased a new stake in BILL in the fourth quarter valued at approximately $54,275,000. 97.99% of the stock is currently owned by hedge funds and other institutional investors.

Key BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Zacks argues that BILL’s roughly 15.5% four-week decline may have pushed the stock into oversold territory. The article also points to broad analyst support for higher earnings estimates, suggesting selling pressure could be nearing exhaustion and potentially setting up a rebound. Zacks analysis of whether to buy the dip in BILL
• Neutral Sentiment: The other headlines concern a proposed U.S. data-center bill, federal regulation of college sports and NIL deals, and warnings about global artificial-intelligence rules. These are unrelated to BILL Holdings’ accounts-payable and business-payments operations and are unlikely to be meaningful drivers of BILL’s stock.
• Negative Sentiment: Jefferies Financial Group downgraded BILL from “strong buy” to “hold.” The change removes a notable bullish endorsement and may weigh on investor sentiment, particularly after the stock’s recent decline. Investors will likely focus on whether the downgrade reflects valuation concerns, slower growth expectations, or reduced confidence in the company’s earnings outlook.

About BILL

BILL Holdings, Inc provides financial operations software for small and midsize businesses, accounting firms and financial institutions. Its cloud-based platform helps customers automate and manage accounts payable, accounts receivable, payments, expense management, budgeting and other routine financial processes.

The company’s offerings include BILL Accounts Payable and BILL Accounts Receivable, which support invoice processing, approvals, billing and payment collection. BILL also provides spend and expense management tools, including budgeting, corporate cards and employee expense tracking, along with integrations that connect its platform to accounting and business-management systems.

Founded in 2006 by René Lacerte, the company was originally known as Bill.com and became publicly traded on the New York Stock Exchange in 2019.