BILL (NYSE:BILL) Issues Q1 Earnings Guidance

BILL (NYSE:BILL) issued an update on its first quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.48-0.51 for the period, compared to the consensus EPS estimate of $0.51. The company issued revenue guidance of $346-351 million, compared to the consensus revenue estimate of $337.32 million. BILL also updated its FY 2025 guidance to 1.360-1.610 EPS.

Analyst Upgrades and Downgrades

BILL has been the topic of several recent research reports. Evercore ISI cut their target price on BILL from $70.00 to $60.00 and set an in-line rating on the stock in a report on Friday. Robert W. Baird reduced their target price on BILL from $68.00 to $60.00 and set a neutral rating for the company in a report on Friday. BMO Capital Markets decreased their target price on BILL from $82.00 to $75.00 and set a market perform rating for the company in a research report on Friday, May 3rd. Oppenheimer dropped their price target on shares of BILL from $95.00 to $70.00 and set an outperform rating on the stock in a research report on Monday, July 22nd. Finally, Needham & Company LLC restated a buy rating and issued a $100.00 price objective on shares of BILL in a research note on Friday. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of Hold and an average price target of $70.71.

BILL Price Performance

Shares of NYSE:BILL opened at $52.75 on Friday. The business’s 50 day moving average is $50.22 and its 200-day moving average is $57.61. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $5.60 billion, a PE ratio of -64.25 and a beta of 1.61. BILL has a 1-year low of $43.11 and a 1-year high of $119.32.

BILL (NYSE:BILL) last announced its quarterly earnings results on Thursday, August 22nd. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.11. The firm had revenue of $343.67 million for the quarter, compared to analyst estimates of $328.27 million. BILL had a negative net margin of 4.21% and a positive return on equity of 0.98%. The business’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.10 EPS. Sell-side analysts predict that BILL will post -0.19 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Rajesh A. Aji sold 2,616 shares of BILL stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $51.60, for a total transaction of $134,985.60. Following the completion of the transaction, the insider now directly owns 9,126 shares of the company’s stock, valued at approximately $470,901.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Rajesh A. Aji sold 2,616 shares of the firm’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $51.60, for a total transaction of $134,985.60. Following the completion of the sale, the insider now directly owns 9,126 shares of the company’s stock, valued at approximately $470,901.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Germaine Cota sold 642 shares of BILL stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $51.59, for a total value of $33,120.78. Following the completion of the transaction, the senior vice president now owns 6,057 shares of the company’s stock, valued at approximately $312,480.63. The disclosure for this sale can be found here. 3.80% of the stock is owned by corporate insiders.

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.