Market Watch: BILL Holdings Inc (BILL)’s Noteworthy Gain, Closing at 51.40

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As of close of business last night, BILL Holdings Inc’s stock clocked out at $51.40, up 0.29% from its previous closing price of $51.25. In other words, the price has increased by $0.29 from its previous closing price. On the day, 0.93 million shares were traded. BILL stock price reached its highest trading level at $51.55 during the session, while it also had its lowest trading level at $50.63.

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 3.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.

On August 26, 2024, BMO Capital Markets reiterated its Market Perform rating and also upped its target price recommendation from $75 to $57.

Goldman Downgraded its Buy to Neutral on August 23, 2024, whereas the target price for the stock was revised from $86 to $54.

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 Aug 30 ’24 when Cota Germaine sold 803 shares for $54.75 per share. The transaction valued at 43,962 led to the insider holds 6,861 shares of the business.

Aji Rajesh A. sold 2,486 shares of BILL for $136,056 on Aug 30 ’24. The CLO & CCO now owns 7,812 shares after completing the transaction at $54.73 per share. On Aug 30 ’24, another insider, RAJESH AJI, who serves as the Officer of the company, bought 2,486 shares for $54.98 each.

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 5483609088 and an Enterprise Value of 4885985280. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.25 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 3.787 whereas that against EBITDA is -92.567.

Stock Price History:

Over the past 52 weeks, BILL has reached a high of $118.69, while it has fallen to a 52-week low of $43.11. The 50-Day Moving Average of the stock is 0.64%, while the 200-Day Moving Average is calculated to be -14.83%.

Shares Statistics:

It appears that BILL traded 1.79M shares on average per day over the past three months and 1564140 shares per day over the past ten days. A total of 106.65M shares are outstanding, with a floating share count of 102.19M. Insiders hold about 4.21% of the company’s shares, while institutions hold 87.01% stake in the company. Shares short for BILL as of 1726185600 were 3802853 with a Short Ratio of 2.12, compared to 1723680000 on 2500430. Therefore, it implies a Short% of Shares Outstanding of 3802853 and a Short% of Float of 4.73.

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