BILL (NYSE:BILL – Get Free Report) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 0.970-1.010 for the period, compared to the consensus earnings per share estimate of 0.820. The company issued revenue guidance of $353.0 million-$363.0 million, compared to the consensus revenue estimate of $453.1 million. BILL also updated its FY 2027 guidance to 3.990-4.150 EPS.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on BILL. BMO Capital Markets increased their price target on shares of BILL from $46.00 to $55.00 and gave the company a “market perform” rating in a report on Thursday, August 20th. Zacks Research cut shares of BILL from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 27th. Keefe, Bruyette & Woods increased their target price on shares of BILL from $46.00 to $54.00 and gave the company a “market perform” rating in a research note on Thursday, August 20th. BTIG Research reissued a “buy” rating and set a $60.00 target price on shares of BILL in a research report on Thursday, August 20th. Finally, Truist Financial cut their price target on BILL from $52.00 to $50.00 and set a “hold” rating for the company in a report on Friday, October 23rd. Eleven analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $58.56.
Read Our Latest Stock Report on BILL
BILL Price Performance
Shares of BILL stock traded down $1.07 during trading on Thursday, hitting $50.80. 1,836,203 shares of the company’s stock traded hands, compared to its average volume of 2,389,045. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.51 and a quick ratio of 1.51. The firm’s fifty day moving average price is $47.13 and its 200 day moving average price is $42.65. BILL has a twelve month low of $31.41 and a twelve month high of $57.21. The company has a market cap of $4.36 billion, a PE ratio of -390.76, a PEG ratio of 0.72 and a beta of 1.08.
BILL (NYSE:BILL – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.20. BILL had a negative net margin of 0.68% and a positive return on equity of 3.74%. The firm had revenue of $353.77 million during the quarter, compared to analyst estimates of $438.62 million. BILL has set its FY 2027 guidance at 3.990-4.150 EPS and its Q2 2027 guidance at 0.970-1.010 EPS. Analysts forecast that BILL will post 2.29 earnings per share for the current year.
Insider Activity at BILL
In related news, insider Michael Cieri sold 10,754 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $49.13, for a total transaction of $528,344.02. Following the completion of the transaction, the insider owned 997 shares in the company, valued at $48,982.61. This trade represents a 91.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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. Also, CEO Rene A. Lacerte sold 42,248 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $50.17, for a total value of $2,119,582.16. Following the completion of the sale, the chief executive officer directly owned 163,125 shares in the company, valued at approximately $8,183,981.25. This represents a 20.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 267,997 shares of company stock worth $13,057,984. Corporate insiders own 13.20% of the company’s stock.
BILL Company Profile
BILL Holdings, Inc provides financial operations software for small and midsize businesses, accountants and financial institutions. Its cloud-based platform is designed to automate and simplify back-office processes, including accounts payable, accounts receivable, expense management, budgeting and payments.
The company’s offerings enable businesses to receive and pay bills, send invoices, manage expenses, establish spending controls and connect financial workflows with accounting systems.
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