BILL (NYSE:BILL) Upgraded at Citigroup

Citigroup upgraded shares of BILL (NYSE:BILL) to a strong-buy rating in a research report released on Thursday,Zacks.com reports.

BILL has been the topic of several other reports. Canaccord Genuity Group restated a “buy” rating and set a $75.00 price target on shares of BILL in a research report on Thursday, August 28th. Wolfe Research upgraded BILL from a “peer perform” rating to an “outperform” rating and set a $70.00 price target on the stock in a research report on Thursday, September 11th. Truist Financial upgraded BILL from a “hold” rating to a “buy” rating and raised their price target for the stock from $50.00 to $63.00 in a research report on Friday, September 19th. Needham & Company LLC reiterated a “buy” rating and issued a $75.00 price objective on shares of BILL in a research report on Thursday, August 28th. Finally, Keefe, Bruyette & Woods lifted their price objective on BILL from $46.00 to $56.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $60.10.

BILL Stock Performance

NYSE:BILL opened at $51.21 on Thursday. The business’s 50-day moving average price is $49.67 and its two-hundred day moving average price is $46.22. BILL has a twelve month low of $36.55 and a twelve month high of $100.19. The stock has a market cap of $5.20 billion, a P/E ratio of -320.02, a PEG ratio of 13.66 and a beta of 1.42. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.38.

BILL (NYSE:BILL) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.12. The firm had revenue of $383.35 million for the quarter, compared to analysts’ expectations of $376.43 million. BILL had a return on equity of 1.16% and a net margin of 1.63%.The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.57 EPS. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. As a group, equities analysts predict that BILL will post 0.12 EPS for the current fiscal year.

BILL declared that its board has approved a share buyback plan on Wednesday, August 27th that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the company to buy up to 7.2% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BILL. Taylor Frigon Capital Management LLC raised its stake in BILL by 21.8% during the second quarter. Taylor Frigon Capital Management LLC now owns 45,414 shares of the company’s stock valued at $2,101,000 after buying an additional 8,131 shares during the last quarter. Acadian Asset Management LLC raised its stake in BILL by 230.4% during the first quarter. Acadian Asset Management LLC now owns 38,237 shares of the company’s stock valued at $1,754,000 after buying an additional 26,664 shares during the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in BILL during the first quarter valued at $1,207,000. Mirae Asset Global Investments Co. Ltd. raised its stake in BILL by 3,947.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,098 shares of the company’s stock valued at $693,000 after buying an additional 14,725 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new position in BILL during the first quarter valued at $570,000. Hedge funds and other institutional investors own 97.99% of the company’s stock.

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.