Bill.com Holdings, Inc. (NYSE:BILL) CFO John R. Rettig sold 8,358 shares of the stock in a transaction on Monday, June 7th. The stock was sold at an average price of $152.35, for a total transaction of $1,273,341.30. Following the sale, the chief financial officer now directly owns 65,858 shares in the company, valued at $10,033,466.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of NYSE BILL opened at $155.93 on Friday. The firm has a 50-day simple moving average of $150.82. The firm has a market capitalization of $14.69 billion, a PE ratio of -190.16 and a beta of 2.39. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.88 and a quick ratio of 1.88. Bill.com Holdings, Inc. has a 52 week low of $70.34 and a 52 week high of $195.95.
Bill.com (NYSE:BILL) last issued its earnings results on Thursday, May 6th. The company reported ($0.02) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.05. The business had revenue of $59.74 million during the quarter, compared to analysts’ expectations of $54.51 million. Bill.com had a negative net margin of 32.83% and a negative return on equity of 6.09%. The company’s quarterly revenue was up 44.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.03) earnings per share. Equities research analysts expect that Bill.com Holdings, Inc. will post -0.69 earnings per share for the current fiscal year.
A number of analysts recently issued reports on BILL shares. Needham & Company LLC reissued a “buy” rating and set a $170.00 price target on shares of Bill.com in a report on Wednesday, May 5th. Susquehanna began coverage on shares of Bill.com in a report on Tuesday, March 16th. They set a “neutral” rating and a $160.00 price target on the stock. KeyCorp upped their price objective on shares of Bill.com from $165.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 7th. Susquehanna Bancshares began coverage on shares of Bill.com in a research report on Tuesday, March 16th. They set a “neutral” rating and a $160.00 price objective for the company. Finally, Berenberg Bank began coverage on shares of Bill.com in a research report on Thursday, April 8th. They set a “hold” rating and a $140.00 price objective for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Bill.com has a consensus rating of “Hold” and an average price target of $152.71.
Bill.com Company Profile
Bill.com Holdings, Inc provides cloud-based software that digitizes and automates back-office financial operations for small and midsize businesses worldwide. It offers artificial-intelligence (AI)-enabled financial software platform. The company provides software-as-a-service, cloud-based payments 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, manage cash flows, and enhance office efficiency.
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