Accounts payable

Zacks: Analysts Predict Bill.com Holdings, Inc. (NYSE: BILL) to Post Earnings of $ -0.18 Per Share

Analysts expect Bill.com Holdings, Inc. (NYSE: BILL) to post earnings per share (EPS) of ($ 0.18) for the current fiscal quarter, according to Zacks Investment Research. Five analysts released estimates for Bill.com’s earnings, with the lowest estimate for EPS at ($ 0.19) and the highest estimate at ($ 0.17). Bill.com reported earnings per share of ($ 0.03) for the same quarter last year, which would suggest a negative year-over-year growth rate of 500%. The company is expected to release its next earnings report on Thursday, February 3.

On average, analysts expect Bill.com to report annual earnings of ($ 0.79) per share for the current year, with EPS estimates ranging from $ 0.83 to $ 0.78. . For the next fiscal year, analysts expect the company to post earnings of ($ 0.66) per share, with EPS estimates ranging from ($ 0.90) to ($ 0.52). Zacks Investment Research EPS averages are an average based on a survey of analysts who cover Bill.com.

Bill.com (NYSE: BILL) last released its results on Thursday, November 4. The company reported ($ 0.15) earnings per share for the quarter, exceeding Thomson Reuters consensus estimate ($ 0.21) by $ 0.06. The company posted revenue of $ 116.40 million for the quarter, compared to $ 104.59 million expected by analysts. Bill.com had a negative net margin of 52.34% and a negative return on equity of 5.22%. The company’s revenue increased 151.9% compared to the same quarter last year. In the same quarter of last year, the company made earnings per share ($ 0.17).

A number of analysts weighed on the title. BTIG Research reissued a “buy” note and set a price target of $ 309.00 on shares of Bill.com in a report released on Friday, November 5. Evercore ISI began covering shares of Bill.com in a report on Friday, October 29. They set an “online” rating and a price target of $ 300.00 for the stock. They noted that the move was an appraisal call. Canaccord Genuity raised its target price on Bill.com shares from $ 284.00 to $ 366.00 and assigned the company a “buy” rating in a report released on Friday, November 5. Piper Sandler raised its target price on Bill.com shares from $ 280.00 to $ 380.00 and rated the company “overweight” in a report released on Friday, November 5. Finally, the Berenberg Bank reaffirmed the “hold” rating of Bill.com shares in a report released on Monday, September 20. Five analysts rated the stock with a conservation rating and twelve issued a buy rating for the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $ 294.80.

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In related news, CFO John R. Rettig sold 5,800 shares in a trade that took place on Tuesday, October 5. The shares were sold at an average price of $ 266.18, for a total trade of $ 1,543,844.00. The transaction was disclosed in a file with the Securities & Exchange Commission, which is available on the SEC website. Additionally, CEO Blake Thomas Murray sold 140,000 shares in a trade that took place on Monday, November 22. The stock was sold for an average price of $ 301.11, for a total trade of $ 42,155,400.00. Disclosure of this sale can be found here. Insiders sold a total of 447,916 shares of the company valued at $ 133,807,834 during the last quarter. Insiders own 5.70% of the company’s shares.

A number of hedge funds and other institutional investors have recently increased or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in Bill.com shares by 18.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 218 shares of the company valued at $ 59,000 after acquiring 34 additional shares in the last quarter. Berman Capital Advisors LLC increased its position in Bill.com by 15.5% in the third quarter. Berman Capital Advisors LLC now owns 276 shares of the company valued at $ 73,000 after purchasing 37 additional shares during the period. Joel Isaacson & Co. LLC increased its position in Bill.com by 1.1% in the third quarter. Joel Isaacson & Co. LLC now owns 3,914 shares of the company valued at $ 1,045,000 after purchasing 41 additional shares during the period. KB Financial Partners LLC increased its position in Bill.com by 33.1% in the second quarter. KB Financial Partners LLC now owns 209 shares of the company valued at $ 38,000 after purchasing 52 additional shares during the period. Finally, Winch Advisory Services LLC increased its position in Bill.com by 89.1% in the third quarter. Winch Advisory Services LLC now owns 121 shares of the company valued at $ 32,000 after purchasing 57 additional shares during the period. Hedge funds and other institutional investors hold 87.02% of the company’s shares.

NYSE: BILL traded up $ 0.11 at midday on Monday, reaching $ 253.49. The stock had a trade volume of 15,956 shares, compared to its average volume of 1,443,200. The stock has a 50-day simple moving average of $ 286.59 and a two-hundred-day simple moving average. of $ 248.49. The company has a market cap of $ 26.00 billion, a PE ratio of -140.66 and a beta of 2.35. Bill.com has a twelve month low of $ 109.64 and a twelve month high of $ 348.49. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt ratio of 0.16.

About Bill.com

Bill.com Holdings, Inc provides cloud-based software that digitizes and automates back office financial operations for small and medium businesses around the world. It offers a financial software platform based on artificial intelligence (AI). The company provides cloud-based payment products, as a software as a service, that allow users to automate accounts payable and accounts receivable transactions, as well as allow users to connect with their vendors. and / or clients to do business, manage cash flow. , and improve office efficiency.

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Bill.com Revenue History and Estimates (NYSE: BILL)

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