BILL (NYSE:BILL) Price Target Lowered to $45.00 at Truist Financial

BILL (NYSE:BILL) had its price objective dropped by investment analysts at Truist Financial from $46.00 to $45.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s target price would suggest a potential upside of 14.11% from the stock’s previous close.

BILL has been the subject of several other research reports. Oppenheimer set a $55.00 price target on BILL and gave the stock an “outperform” rating in a research note on Friday, May 8th. The Goldman Sachs Group upped their price objective on shares of BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, May 11th. BTIG Research reiterated a “buy” rating and issued a $60.00 target price on shares of BILL in a research report on Monday, February 2nd. Citigroup lowered their target price on shares of BILL from $71.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Finally, BMO Capital Markets upped their price target 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 equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $56.80.

BILL Stock Performance

BILL stock traded up $0.92 during midday trading on Tuesday, reaching $39.44. 612,781 shares of the stock traded hands, compared to its average volume of 2,596,577. BILL has a fifty-two week low of $34.44 and a fifty-two week high of $57.21. 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 has a market cap of $3.93 billion, a price-to-earnings ratio of -3,943.56, a PEG ratio of 2.12 and a beta of 1.22. The firm has a fifty day moving average price of $39.05 and a two-hundred day moving average price of $45.56.

BILL (NYSE:BILL) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.55 by $0.13. The company had revenue of $406.56 million for the quarter, compared to analyst estimates of $403.76 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. BILL’s revenue was up 13.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.50 earnings per share. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. On average, equities research analysts forecast that BILL will post 0.63 earnings per share for the current year.

Institutional Investors Weigh In On BILL

A number of institutional investors and hedge funds have recently bought and sold shares of the business. UMB Bank n.a. boosted its position in shares of BILL by 21.8% during the 4th quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock valued at $73,000 after purchasing an additional 239 shares in the last quarter. GAMMA Investing LLC lifted its stake in BILL by 27.2% during the fourth quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock valued at $68,000 after purchasing an additional 266 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in BILL by 1.7% during the first quarter. Oregon Public Employees Retirement Fund now owns 18,100 shares of the company’s stock worth $693,000 after buying an additional 300 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in BILL by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock worth $1,165,000 after buying an additional 327 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its position in BILL by 46.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock worth $69,000 after buying an additional 401 shares during the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

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. It also offers onboarding implementation support, and ongoing support and training services.