BILL (BILL) to Release Earnings on Thursday

BILL (NYSE:BILL - Get Free Report) is expected to announce its earnings results after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $359.30 million for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

BILL Stock Performance

BILL stock traded up $1.14 on Thursday, hitting $96.43. The company's stock had a trading volume of 345,865 shares, compared to its average volume of 2,263,089. The company has a fifty day moving average price of $88.88 and a 200-day moving average price of $67.68. The firm has a market cap of $9.98 billion, a P/E ratio of -292.13, a price-to-earnings-growth ratio of 89.33 and a beta of 1.72. BILL has a one year low of $43.11 and a one year high of $98.57. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.23.

Analyst Upgrades and Downgrades

BILL has been the subject of several analyst reports. Piper Sandler lifted their price target on shares of BILL from $60.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, November 8th. Morgan Stanley upgraded BILL from an "equal weight" rating to an "overweight" rating and set a $95.00 price target on the stock in a research report on Thursday, January 16th. Susquehanna lifted their price objective on BILL from $91.00 to $100.00 and gave the company a "positive" rating in a research report on Tuesday, January 7th. Mizuho increased their target price on BILL from $64.00 to $75.00 and gave the stock a "neutral" rating in a report on Friday, December 13th. Finally, The Goldman Sachs Group upgraded shares of BILL from a "neutral" rating to a "buy" rating and upped their price target for the stock from $96.00 to $104.00 in a research report on Thursday, January 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $85.00.

Insider Buying and Selling

In other news, Director Alison Wagonfeld sold 779 shares of the business's stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $90.00, for a total value of $70,110.00. Following the sale, the director now owns 259 shares of the company's stock, valued at $23,310. The trade was a 75.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Germaine Cota sold 1,525 shares of the firm's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $77.99, for a total value of $118,934.75. Following the completion of the transaction, the senior vice president now owns 5,348 shares of the company's stock, valued at $417,090.52. The trade was a 22.19 % decrease in their position. The disclosure for this sale can be found here. 4.20% of the stock is owned by company 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.