BILL (NYSE:BILL) Cut to “Hold” at Jefferies Financial Group

BILL (NYSE:BILL) was downgraded by investment analysts at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a report issued on Monday, Zacks reports.

A number of other equities analysts also recently weighed in on BILL. Wall Street Zen upgraded shares of BILL from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Zacks Research upgraded shares of BILL from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 26th. Needham & Company LLC reissued a “buy” rating on shares of BILL in a research report on Thursday, August 20th. BMO Capital Markets raised their price objective on BILL from $46.00 to $55.00 and gave the company a “market perform” rating in a research report on Thursday, August 20th. Finally, Morgan Stanley lifted their target price on BILL from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $58.67.

BILL Stock Up 0.8%

NYSE:BILL opened at $41.95 on Monday. BILL has a 52-week low of $31.41 and a 52-week high of $57.21. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.51 and a current ratio of 1.51. The stock has a 50-day simple moving average of $47.36 and a 200 day simple moving average of $41.25. The company has a market cap of $3.58 billion, a PE ratio of -322.67, a PEG ratio of 0.62 and a beta of 1.10.

BILL (NYSE:BILL) last released its earnings results on Wednesday, August 19th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.13. BILL had a negative net margin of 0.68% and a positive return on equity of 3.74%. The business had revenue of $436.19 million during the quarter, compared to the consensus estimate of $430.55 million. During the same quarter last year, the firm earned $0.53 earnings per share. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. On average, sell-side analysts expect that BILL will post 2.22 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Rene A. Lacerte sold 141,256 shares of the business’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $48.42, for a total value of $6,839,615.52. Following the completion of the sale, the chief executive officer directly owned 100,899 shares in the company, valued at $4,885,529.58. The trade was a 58.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michael Cieri sold 10,754 shares of the company’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $49.13, for a total value of $528,344.02. Following the completion of the transaction, the insider directly owned 997 shares in the company, valued at approximately $48,982.61. This represents a 91.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 267,997 shares of company stock worth $13,057,984. 13.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. ER Collective Holdings LLC bought a new stake in BILL during the fourth quarter worth about $464,588,000. Contour Asset Management LLC boosted its holdings in shares of BILL by 45.5% during the 4th quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company’s stock valued at $256,914,000 after acquiring an additional 1,472,132 shares in the last quarter. Norges Bank bought a new stake in shares of BILL during the fourth quarter worth about $54,275,000. Senator Investment Group LP bought a new stake in BILL during the 4th quarter worth approximately $37,817,000. Finally, Parnassus Investments LLC increased its holdings in BILL by 61.6% in the fourth quarter. Parnassus Investments LLC now owns 1,463,791 shares of the company’s stock valued at $79,835,000 after purchasing an additional 558,206 shares during the period. Institutional investors and hedge funds own 97.99% of the company’s stock.

Key Headlines Impacting BILL

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Potential rebound after steep decline: BILL has fallen 15.5% over the past four weeks and is described as technically oversold, suggesting recent selling pressure may be nearing exhaustion. The report also points to broad Wall Street support for higher earnings estimates, which could help the stock recover if investor sentiment improves. Down 15.5% in 4 Weeks, Here’s Why You Should You Buy the Dip in BILL Holdings
• Neutral Sentiment: Unrelated college-sports legislation: Multiple reports cover Senate passage of a bill that would establish national rules for college sports and regulate name, image and likeness agreements. The legislation does not appear connected to BILL Holdings’ financial-technology and business-payments operations, so it has no clear direct impact on the stock. Senate passes major bill to overhaul college sports
• Neutral Sentiment: Unrelated artificial-intelligence coverage: Articles discussing Bill Gates’ warning that global AI regulation could be more difficult than nuclear negotiations also concern an individual named Bill Gates, not BILL Holdings. The stories do not provide company-specific information or a meaningful catalyst for BILL shares. Bill Gates says global AI rules will be harder than nuclear talks

BILL Company Profile

BILL Holdings, Inc provides financial operations software for small and midsize businesses, accounting firms and financial institutions. Its cloud-based platform helps customers automate and manage accounts payable, accounts receivable, payments, expense management, budgeting and other routine financial processes.

The company’s offerings include BILL Accounts Payable and BILL Accounts Receivable, which support invoice processing, approvals, billing and payment collection. BILL also provides spend and expense management tools, including budgeting, corporate cards and employee expense tracking, along with integrations that connect its platform to accounting and business-management systems.

Founded in 2006 by René Lacerte, the company was originally known as Bill.com and became publicly traded on the New York Stock Exchange in 2019.