BILL (NYSE:BILL) Sets New 52-Week Low – Should You Sell?

Shares of BILL Holdings, Inc. (NYSE:BILL) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $31.41 and last traded at $32.1860, with a volume of 269971 shares traded. The stock had previously closed at $32.19.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on BILL shares. JPMorgan Chase & Co. lowered their target price on shares of BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, June 5th. Weiss Ratings raised shares of BILL from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, May 20th. The Goldman Sachs Group increased their target price on shares of BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Keefe, Bruyette & Woods increased their target price on shares of BILL from $42.00 to $49.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 12th. Finally, BMO Capital Markets increased their target price on shares of BILL from $43.00 to $46.00 and gave the stock a “market perform” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.80.

BILL Stock Performance

The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48. The firm’s 50-day moving average is $37.08 and its two-hundred day moving average is $43.53. The stock has a market cap of $3.21 billion, a price-to-earnings ratio of -3,220.38, a P/E/G ratio of 1.18 and a beta of 1.20.

BILL (NYSE:BILL) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.13. BILL had a net margin of 0.01% and a return on equity of 2.40%. The firm had revenue of $406.56 million during the quarter, compared to the consensus estimate of $403.76 million. During the same quarter in the prior year, the firm earned $0.50 EPS. The company’s revenue for the quarter was up 13.5% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. As a group, sell-side analysts expect that BILL Holdings, Inc. will post 0.95 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of BILL. Caitong International Asset Management Co. Ltd raised its position in shares of BILL by 972.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after purchasing an additional 486 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of BILL during the 4th quarter worth about $28,000. State of Wyoming acquired a new position in shares of BILL during the 1st quarter worth about $32,000. Rockefeller Capital Management L.P. raised its position in shares of BILL by 173.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after purchasing an additional 452 shares during the last quarter. Finally, CWM LLC raised its position in shares of BILL by 1,000.0% during the 4th quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after purchasing an additional 730 shares during the last quarter. Institutional investors and hedge funds own 97.99% 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. It also offers onboarding implementation support, and ongoing support and training services.