Market Watch: BILL Holdings Inc (BILL)’s Noteworthy Gain, Closing at 88.97

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As of close of business last night, BILL Holdings Inc’s stock clocked out at $88.97, up 2.22% from its previous closing price of $87.04. In other words, the price has increased by $2.22 from its previous closing price. On the day, 1.75 million shares were traded. BILL stock price reached its highest trading level at $89.59 during the session, while it also had its lowest trading level at $86.36.

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 5.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.53 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.

On September 12, 2024, Exane BNP Paribas Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $90.

BMO Capital Markets reiterated its Market Perform rating for the stock on August 26, 2024, while the target price for the stock was revised from $75 to $57.

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 Dec 09 ’24 when Wagonfeld Alison sold 2,163 shares for $96.28 per share. The transaction valued at 208,254 led to the insider holds 979 shares of the business.

ALISON WAGONFELD bought 1,500 shares of BILL for $146,115 on Dec 09 ’24. On Dec 02 ’24, another insider, Aji Rajesh A., who serves as the CLO & CCO of the company, sold 1,905 shares for $89.99 each. As a result, the insider received 171,431 and left with 7,812 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 9208128512 and an Enterprise Value of 8767349760. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.85 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 6.525 whereas that against EBITDA is -1143.667.

Stock Price History:

Over the past 52 weeks, BILL has reached a high of $97.86, while it has fallen to a 52-week low of $43.11. The 50-Day Moving Average of the stock is 13.51%, while the 200-Day Moving Average is calculated to be 46.11%.

Shares Statistics:

It appears that BILL traded 2.12M shares on average per day over the past three months and 3411010 shares per day over the past ten days. A total of 103.49M shares are outstanding, with a floating share count of 98.68M. Insiders hold about 4.65% of the company’s shares, while institutions hold 86.81% stake in the company. Shares short for BILL as of 1732838400 were 3231889 with a Short Ratio of 2.54, compared to 1730332800 on 4048888. Therefore, it implies a Short% of Shares Outstanding of 3231889 and a Short% of Float of 4.82.

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