BILL (NYSE:BILL – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.650-1.830 for the period, compared to the consensus EPS estimate of 1.550. 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 $1.65-1.83 EPS.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. Keefe, Bruyette & Woods reduced their price objective on BILL from $60.00 to $55.00 and set a “market perform” rating on the stock in a research note on Friday, August 23rd. Mizuho reduced their price objective on BILL from $60.00 to $52.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 28th. BMO Capital Markets reduced their price objective on BILL from $75.00 to $57.00 and set a “market perform” rating on the stock in a research note on Monday, August 26th. BNP Paribas upgraded shares of BILL from a “neutral” rating to an “outperform” rating and set a $90.00 target price for the company in a report on Thursday, September 12th. Finally, Wolfe Research lowered shares of BILL from an “outperform” rating to a “peer perform” rating in a report on Thursday, August 1st. One analyst has rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $70.71.
Check Out Our Latest Analysis on BILL
BILL Stock Performance
BILL (NYSE:BILL – Get Free Report) last released its earnings results on Thursday, August 22nd. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.11. The firm had revenue of $343.67 million during the quarter, compared to analyst estimates of $328.27 million. BILL had a negative net margin of 2.24% and a positive return on equity of 1.13%. The business’s revenue was up 16.1% on a year-over-year basis. During the same period last year, the business earned $0.10 earnings per share. As a group, sell-side analysts predict that BILL will post -0.58 EPS for the current year.
Insider Activity at BILL
In other BILL news, Director Alison Wagonfeld sold 519 shares of BILL stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $57.50, for a total value of $29,842.50. Following the completion of the sale, the director now owns 1,038 shares of the company’s stock, valued at approximately $59,685. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other BILL news, Director Alison Wagonfeld sold 519 shares of BILL stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $57.50, for a total value of $29,842.50. Following the completion of the sale, the director now owns 1,038 shares of the company’s stock, valued at approximately $59,685. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Germaine Cota sold 803 shares of BILL stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $54.75, for a total transaction of $43,964.25. Following the completion of the sale, the senior vice president now directly owns 6,861 shares of the company’s stock, valued at approximately $375,639.75. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 68,372 shares of company stock valued at $3,404,826 and sold 3,808 shares valued at $209,866. 4.20% 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.
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