BILL Holdings, Inc. (NYSE:BILL) Receives Average Recommendation of "Moderate Buy" from Brokerages

BILL Holdings, Inc. (NYSE:BILL - Get Free Report) has been given an average rating of "Moderate Buy" by the twenty analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $81.72.

A number of equities research analysts recently commented on the company. Robert W. Baird upped their target price on BILL from $74.00 to $100.00 and gave the company a "neutral" rating in a research report on Tuesday, December 3rd. Mizuho upped their price target on shares of BILL from $64.00 to $75.00 and gave the company a "neutral" rating in a report on Friday, December 13th. KeyCorp reduced their target price on BILL from $115.00 to $85.00 and set an "overweight" rating on the stock in a research report on Friday, February 7th. Keefe, Bruyette & Woods cut their price objective on shares of BILL from $95.00 to $77.00 and set a "market perform" rating on the stock in a research report on Friday, February 7th. Finally, Morgan Stanley raised shares of BILL from an "equal weight" rating to an "overweight" rating and set a $95.00 target price on the stock in a research report on Thursday, January 16th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BILL. GAMMA Investing LLC lifted its holdings in shares of BILL by 74.9% during the fourth quarter. GAMMA Investing LLC now owns 306 shares of the company's stock valued at $26,000 after purchasing an additional 131 shares during the last quarter. Crewe Advisors LLC increased its holdings in BILL by 129.1% in the fourth quarter. Crewe Advisors LLC now owns 307 shares of the company's stock valued at $26,000 after buying an additional 173 shares in the last quarter. Fifth Third Bancorp acquired a new position in BILL during the fourth quarter worth $27,000. CoreCap Advisors LLC purchased a new position in shares of BILL in the fourth quarter valued at approximately $30,000. Finally, Coppell Advisory Solutions LLC boosted its stake in BILL by 202.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 369 shares of the company's stock worth $32,000 after purchasing an additional 247 shares during the last quarter. Hedge funds and other institutional investors own 97.99% of the company's stock.

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BILL Trading Up 0.7 %

Shares of BILL stock traded up $0.36 on Friday, reaching $53.97. The company had a trading volume of 863,246 shares, compared to its average volume of 3,464,499. BILL has a 1 year low of $43.11 and a 1 year high of $100.19. The firm has a market cap of $5.50 billion, a price-to-earnings ratio of -5,402.50, a P/E/G ratio of 29.46 and a beta of 1.76. The firm's 50-day moving average price is $81.21 and its two-hundred day moving average price is $70.49. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.66 and a quick ratio of 1.66.

BILL (NYSE:BILL - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.38). BILL had a net margin of 5.90% and a return on equity of 1.53%. As a group, research analysts predict that BILL will post 0.12 earnings per share for the current fiscal year.

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.