BILL (BILL) to Release Quarterly Earnings on Thursday

BILL (NYSE:BILL) is set to announce its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.53 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

BILL (NYSE:BILL) last announced its earnings results on Thursday, February 8th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.16) by $0.26. The business had revenue of $318.50 million during the quarter, compared to the consensus estimate of $296.62 million. BILL had a negative net margin of 9.67% and a positive return on equity of 0.29%. On average, analysts expect BILL to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

BILL Stock Performance

Shares of BILL stock opened at $63.03 on Tuesday. The company has a market capitalization of $6.63 billion, a price-to-earnings ratio of -58.36, a PEG ratio of 84.04 and a beta of 1.66. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.69 and a current ratio of 1.69. The company has a 50-day simple moving average of $64.25 and a 200 day simple moving average of $71.79. BILL has a 52 week low of $51.94 and a 52 week high of $139.50.

Insider Buying and Selling

In related news, SVP Germaine Cota sold 920 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $65.34, for a total transaction of $60,112.80. Following the completion of the transaction, the senior vice president now directly owns 5,093 shares in the company, valued at approximately $332,776.62. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. Piper Sandler reduced their target price on shares of BILL from $95.00 to $77.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Citigroup boosted their price objective on shares of BILL from $85.00 to $86.00 and gave the company a “buy” rating in a report on Monday, February 12th. BNP Paribas raised shares of BILL from an “underperform” rating to a “neutral” rating and set a $72.00 price objective for the company in a report on Wednesday, March 13th. Wells Fargo & Company reissued an “underweight” rating and issued a $60.00 price objective (down previously from $70.00) on shares of BILL in a report on Monday, April 1st. Finally, Robert W. Baird cut their price objective on shares of BILL from $78.00 to $74.00 and set a “neutral” rating for the company in a report on Monday, April 22nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $101.57.

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.