BILL Holdings, Inc. (NYSE:BILL – Get Free Report) Director Alison Wagonfeld sold 519 shares of BILL stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $57.50, for a total value of $29,842.50. Following the transaction, the director now directly owns 1,038 shares in the company, valued at approximately $59,685. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
BILL Trading Down 1.7 %
Shares of NYSE BILL opened at $55.30 on Thursday. The business’s 50 day moving average price is $53.27 and its 200-day moving average price is $53.75. The company has a market cap of $5.87 billion, a price-to-earnings ratio of -70.00 and a beta of 1.61. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.55 and a current ratio of 1.55. BILL Holdings, Inc. has a fifty-two week low of $43.11 and a fifty-two week high of $105.81.
BILL (NYSE:BILL – Get Free Report) last issued its earnings results on Thursday, August 22nd. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.11. The firm had revenue of $343.67 million during the quarter, compared to analyst estimates of $328.27 million. BILL had a negative net margin of 2.24% and a positive return on equity of 1.13%. The business’s revenue was up 16.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.10 earnings per share. On average, sell-side analysts expect that BILL Holdings, Inc. will post -0.58 earnings per share for the current year.
Hedge Funds Weigh In On BILL
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on BILL shares. Evercore ISI lowered their price target on shares of BILL from $70.00 to $60.00 and set an “in-line” rating on the stock in a report on Friday, August 23rd. Wells Fargo & Company cut their price target on BILL from $60.00 to $45.00 and set an “underweight” rating for the company in a research note on Tuesday, August 20th. Keefe, Bruyette & Woods lowered their price objective on BILL from $60.00 to $55.00 and set a “market perform” rating on the stock in a research report on Friday, August 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $100.00 price objective on shares of BILL in a research note on Friday, August 23rd. Finally, Robert W. Baird lifted their target price on BILL from $60.00 to $62.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $70.71.
Get Our Latest Stock Analysis on BILL
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.
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