As of close of business last night, BILL Holdings Inc’s stock clocked out at $64.12, up 1.62% from its previous closing price of $63.10. In other words, the price has increased by $+1.02 from its previous closing price. On the day, 1005135 shares were traded.
Ratios:
To gain a deeper understanding of BILL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.83. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on April 01, 2024, Downgraded its rating to Underweight and sets its target price to $60 from $70 previously.
On March 13, 2024, Exane BNP Paribas Upgraded its rating to Neutral which previously was Underperform but kept the price unchanged to $72.
Wells Fargo Downgraded its Overweight to Equal Weight on January 23, 2024, whereas the target price for the stock was revised from $80 to $75.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 6.74B and an Enterprise Value of 6.10B. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.66 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 5.12 whereas that against EBITDA is 933.71.
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 66.66, while the 200-Day Moving Average is calculated to be 88.22.
Shares Statistics:
It appears that BILL traded 2.32M shares on average per day over the past three months and 1.62M shares per day over the past ten days. 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 97.62% stake in the company. Shares short for BILL as of Mar 15, 2024 were 3.84M with a Short Ratio of 1.66, compared to 4.6M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.65% and a Short% of Float of 4.87%.
Earnings Estimates
As of right now, 23 analysts gave their recommendation on the stock of the company. 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 $2.35 and $2.18 for the fiscal current year, implying an average EPS of $2.23. EPS for the following year is $2.47, 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 14.10% from the average revenue estimate for this year.
