BILL (BILL) Scheduled to Post Quarterly Earnings on Thursday

BILL (NYSE:BILL) is scheduled to be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect BILL to post earnings of $0.49 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

BILL (NYSE:BILL) last posted 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 for the quarter, compared to the consensus estimate of $328.27 million. BILL had a positive return on equity of 1.13% and a negative net margin of 2.24%. BILL’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.10 earnings per share. On average, analysts expect BILL to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

BILL Stock Up 0.2 %

BILL opened at $58.36 on Tuesday. The company has a 50 day moving average of $54.41 and a 200 day moving average of $53.35. The company has a market cap of $6.04 billion, a PE ratio of -87.10 and a beta of 1.59. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.22. BILL has a 12 month low of $43.11 and a 12 month high of $87.05.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Canaccord Genuity Group reissued a “buy” rating and issued a $100.00 price target on shares of BILL in a report on Friday, August 23rd. BNP Paribas upgraded shares of BILL from a “neutral” rating to an “outperform” rating and set a $90.00 target price on the stock in a research note on Thursday, September 12th. Oppenheimer reduced their price target on shares of BILL from $95.00 to $70.00 and set an “outperform” rating for the company in a research report on Monday, July 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $100.00 price objective on shares of BILL in a research report on Friday, August 23rd. Finally, Robert W. Baird boosted their target price on BILL from $60.00 to $62.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $70.71.

Insider Transactions at BILL

In other BILL news, CEO Rene A. Lacerte bought 42,248 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was purchased at an average price of $49.60 per share, for a total transaction of $2,095,500.80. Following the completion of the purchase, the chief executive officer now directly owns 184,249 shares in the company, valued at $9,138,750.40. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Alison Wagonfeld sold 519 shares of the stock in a transaction on Monday, October 21st. The shares were sold at an average price of $57.50, for a total transaction of $29,842.50. Following the completion of the sale, the director now owns 1,038 shares in the company, valued at $59,685. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Rene A. Lacerte purchased 42,248 shares of the stock in a transaction that occurred on Monday, August 26th. The shares were bought at an average cost of $49.60 per share, for a total transaction of $2,095,500.80. Following the acquisition, the chief executive officer now owns 184,249 shares of the company’s stock, valued at approximately $9,138,750.40. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders bought 68,372 shares of company stock valued at $3,404,826 and sold 3,808 shares valued at $209,866. Corporate insiders own 3.80% 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.