After finishing at $66.43 in the prior trading day, BILL Holdings Inc (NYSE: BILL) closed at $67.65, up 1.84%. In other words, the price has increased by $+1.22 from its previous closing price. On the day, 1084586 shares were traded.
Ratios:
Our goal is to gain a better understanding of BILL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.45.
On January 23, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $80 to $75.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 07 ’24 when Cota Germaine sold 920 shares for $65.34 per share. The transaction valued at 60,113 led to the insider holds 5,093 shares of the business.
Aji Rajesh A. sold 2,529 shares of BILL for $162,280 on Mar 01 ’24. The CLO & CCO now owns 8,652 shares after completing the transaction at $64.17 per share. On Feb 07 ’24, another insider, Aji Rajesh A., who serves as the CLO & CCO of the company, sold 248 shares for $76.14 each. As a result, the insider received 18,883 and left with 8,178 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BILL now has a Market Capitalization of 7.11B and an Enterprise Value of 6.47B. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.97 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 5.43 whereas that against EBITDA is 990.52.
Stock Price History:
Over the past 52 weeks, BILL has reached a high of $139.50, while it has fallen to a 52-week low of $51.94. The 50-Day Moving Average of the stock is 68.79, while the 200-Day Moving Average is calculated to be 90.61.
Shares Statistics:
The stock has traded on average 2.30M shares per day over the past 3-months and 1.96M shares per day over the last 10 days, according to various share statistics. A total of 106.55M shares are outstanding, with a floating share count of 100.29M. Insiders hold about 4.60% of the company’s shares, while institutions hold 97.74% stake in the company. Shares short for BILL as of Feb 29, 2024 were 4.34M with a Short Ratio of 1.67, compared to 5.28M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.13% and a Short% of Float of 5.50%.
Earnings Estimates
Its stock is currently analyzed by 23 different market analysts. On average, analysts expect EPS of $0.53 for the current quarter, with a high estimate of $0.56 and a low estimate of $0.49, while EPS last year was $0.5. The consensus estimate for the next quarter is $0.54, with high estimates of $0.67 and low estimates of $0.5.
Analysts are recommending an EPS of between $2.34 and $2.18 for the fiscal current year, implying an average EPS of $2.22. EPS for the following year is $2.5, with 24 analysts recommending between $3.07 and $2.02.
Revenue Estimates
A total of 25 analysts have provided revenue estimates for BILL’s current fiscal year. The highest revenue estimate was $1.27B, while the lowest revenue estimate was $1.23B, resulting in an average revenue estimate of $1.24B. In the same quarter a year ago, actual revenue was $1.06B, up 17.50% from the average estimate. Based on 24 analysts’ estimates, the company’s revenue will be $1.42B in the next fiscal year. The high estimate is $1.53B and the low estimate is $1.37B. The average revenue growth estimate for next year is up 14.40% from the average revenue estimate for this year.
