BILL (NYSE:BILL) Releases FY 2025 Earnings Guidance

BILL (NYSE:BILL) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.360-1.610 for the period, compared to the consensus estimate of 2.230. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion. BILL also updated its FY25 guidance to $1.36-1.61 EPS.

Analysts Set New Price Targets

Several brokerages have issued reports on BILL. Piper Sandler raised their price objective on shares of BILL from $59.00 to $60.00 and gave the stock an overweight rating in a research note on Friday. Canaccord Genuity Group reissued a buy rating and set a $100.00 price target on shares of BILL in a research report on Friday. Evercore ISI decreased their price objective on BILL from $70.00 to $60.00 and set an in-line rating for the company in a report on Friday. Needham & Company LLC reiterated a buy rating and set a $100.00 target price on shares of BILL in a report on Friday. Finally, The Goldman Sachs Group downgraded shares of BILL from a buy rating to a neutral rating and cut their target price for the company from $86.00 to $54.00 in a research report on Friday. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of Hold and a consensus target price of $70.71.

BILL Trading Down 6.7 %

Shares of NYSE:BILL opened at $47.34 on Friday. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.28. BILL has a 52-week low of $43.11 and a 52-week high of $119.32. The stock has a market cap of $5.02 billion, a price-to-earnings ratio of -59.92 and a beta of 1.61. The business has a 50-day moving average price of $50.20 and a 200-day moving average price of $57.27.

BILL (NYSE:BILL) last announced its quarterly earnings data on Thursday, August 22nd. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.46 by $0.11. The business had revenue of $343.67 million during the quarter, compared to analysts’ expectations of $328.27 million. BILL had a negative net margin of 4.21% and a positive return on equity of 0.98%. The business’s quarterly revenue was up 16.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.10 EPS. Equities analysts predict that BILL will post -0.19 EPS for the current year.

Insiders Place Their Bets

In other news, SVP Germaine Cota sold 642 shares of the business’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $51.59, for a total value of $33,120.78. Following the completion of the transaction, the senior vice president now owns 6,057 shares of the company’s stock, valued at approximately $312,480.63. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, SVP Germaine Cota sold 642 shares of the business’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $51.59, for a total value of $33,120.78. Following the completion of the transaction, the senior vice president now directly owns 6,057 shares in the company, valued at approximately $312,480.63. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Rajesh A. Aji sold 2,616 shares of the stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $51.60, for a total transaction of $134,985.60. Following the sale, the insider now directly owns 9,126 shares in the company, valued at $470,901.60. The disclosure for this sale can be found here. 3.80% of the stock is owned by insiders.

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.