During the last session, Bottomline Technologies (de) Inc. (NASDAQ:EPAY)’s traded shares were 0.36 million, with the beta value of the company hitting 1.32. At the end of the trading day, the stock’s price was $43.56, reflecting an intraday gain of 0.55% or $0.24. The 52-week high for the EPAY share is $55.09, that puts it down -26.47 from that peak though still a striking 17.24% gain since the share price plummeted to a 52-week low of $36.05. The company’s market capitalization is $1.91B, and the average intraday trading volume over the past 10 days was 0.29 million shares, and the average trade volume was 407.03K shares over the past three months.
Bottomline Technologies (de) Inc. (EPAY) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.20. EPAY has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.26.
Bottomline Technologies (de) Inc. (NASDAQ:EPAY) trade information
Bottomline Technologies (de) Inc. (EPAY) registered a 0.55% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.55% in intraday trading to $43.56 this Friday, 09/03/21, hitting a weekly high. The stock’s 5-day price performance is -0.34%, and it has moved by 7.08% in 30 days. Based on these gigs, the overall price performance for the year is -6.16%. The short interest in Bottomline Technologies (de) Inc. (NASDAQ:EPAY) is 2.77 million shares and it means that shorts have 6.37 day(s) to cover.
The consensus price target of analysts on Wall Street is $45.50, which implies an increase of 4.26% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $44.00 and $49.00 respectively. As a result, EPAY is trading at a discount of -12.49% off the target high and -1.01% off the low.
Bottomline Technologies (de) Inc. (EPAY) estimates and forecasts
Statistics show that Bottomline Technologies (de) Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Bottomline Technologies (de) Inc. (EPAY) shares have gone down -7.75% during the last six months, with a year-to-date growth rate less than the industry average at -2.59% against 3.50. In the rating firms’ projections, revenue will increase 6.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $122.13 million as predicted by 8 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to $122.39 million by the end of Sep 2021.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 24.80%. While earnings are projected to return -197.70% in 2021, the next five years will return 40.00% per annum.
Bottomline Technologies (de) Inc. is due to release its next quarterly earnings between November 03 and November 08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Bottomline Technologies (de) Inc. (NASDAQ:EPAY)’s Major holders
Bottomline Technologies (de) Inc. insiders own 2.89% of total outstanding shares while institutional holders control 92.11%, with the float percentage being 94.85%. Blackrock Inc. is the largest shareholder of the company, while 292 institutions own stock in it. As of Jun 29, 2021, the company held over 7.33 million shares (or 16.16% of all shares), a total value of $271.92 million in shares.
The next largest institutional holding, with 4.69 million shares, is of Capital World Investors’s that is approximately 10.34% of outstanding shares. At the market price on Jun 29, 2021, these shares were valued at $173.94 million.
Also, the Mutual Funds coming in first place with the largest holdings of Bottomline Technologies (de) Inc. (EPAY) shares are Smallcap World Fund and iShares Core S&P Smallcap ETF. Data provided on Mar 30, 2021 indicates that Smallcap World Fund owns about 3.57 million shares. This amounts to just over 7.88 percent of the company’s overall shares, with a $161.74 million market value. The same data shows that the other fund manager holds slightly less at 2.65 million, or about 5.84% of the stock, which is worth about $98.37 million.