FY2025 Earnings Forecast for BILL Issued By Seaport Res Ptn

BILL Holdings, Inc. (NYSE:BILL) – Analysts at Seaport Res Ptn boosted their FY2025 earnings estimates for shares of BILL in a report issued on Tuesday, January 14th. Seaport Res Ptn analyst J. Cantwell now expects that the company will earn $0.07 per share for the year, up from their previous estimate of $0.06. The consensus estimate for BILL’s current full-year earnings is $0.07 per share. Seaport Res Ptn also issued estimates for BILL’s FY2026 earnings at $0.07 EPS.

BILL has been the topic of a number of other research reports. Keefe, Bruyette & Woods cut their target price on BILL from $100.00 to $95.00 and set a “market perform” rating on the stock in a research report on Monday, January 6th. Mizuho raised their price target on BILL from $64.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. Oppenheimer boosted their price objective on BILL from $70.00 to $83.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Susquehanna raised their target price on shares of BILL from $91.00 to $100.00 and gave the stock a “positive” rating in a research report on Tuesday, January 7th. Finally, Piper Sandler upped their price target on shares of BILL from $60.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, BILL currently has an average rating of “Moderate Buy” and an average target price of $85.00.

BILL Price Performance

Shares of NYSE:BILL opened at $88.19 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.53 and a quick ratio of 1.53. BILL has a 12 month low of $43.11 and a 12 month high of $97.86. The firm has a market capitalization of $9.13 billion, a P/E ratio of -267.25, a P/E/G ratio of 83.30 and a beta of 1.72. The company’s fifty day moving average price is $87.24 and its 200 day moving average price is $64.89.

Institutional Investors Weigh In On BILL

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC increased its stake in BILL by 74.9% in the 4th quarter. GAMMA Investing LLC now owns 306 shares of the company’s stock valued at $26,000 after purchasing an additional 131 shares in the last quarter. Covestor Ltd grew its holdings in BILL by 15.1% in the third quarter. Covestor Ltd now owns 1,897 shares of the company’s stock valued at $100,000 after purchasing an additional 249 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of BILL by 30.8% in the third quarter. Advisors Asset Management Inc. now owns 1,101 shares of the company’s stock valued at $58,000 after buying an additional 259 shares in the last quarter. Versant Capital Management Inc increased its position in shares of BILL by 26.7% in the fourth quarter. Versant Capital Management Inc now owns 1,615 shares of the company’s stock valued at $137,000 after buying an additional 340 shares in the last quarter. Finally, UMB Bank n.a. acquired a new position in shares of BILL during the 4th quarter worth $35,000. 97.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Germaine Cota sold 1,525 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $77.99, for a total value of $118,934.75. Following the completion of the sale, the senior vice president now owns 5,348 shares in the company, valued at $417,090.52. This trade represents a 22.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Alison Wagonfeld sold 779 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $90.00, for a total transaction of $70,110.00. Following the sale, the director now directly owns 259 shares in the company, valued at approximately $23,310. This represents a 75.05 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,823 shares of company stock worth $218,887. Company insiders own 4.20% of the company’s stock.

About BILL

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.