In the last trading session, 1.67 million BILL Holdings Inc (NYSE:BILL) shares changed hands as the company’s beta touched 1.88. With the company’s per share price at $46.94 changed hands at $0.36 or 0.77% during last session, the market valuation stood at $4.79B. BILL’s last price was a discount, traded about -113.44% off its 52-week high of $100.19. The share price had its 52-week low at $42.82, which suggests the last value was 8.78% up since then. When we look at BILL Holdings Inc’s average trading volume, we note the 10-day average is 3.41 million shares, with the 3-month average coming to 3.57 million.
Analysts gave the BILL Holdings Inc (BILL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.69. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended BILL as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. BILL Holdings Inc’s EPS for the current quarter is expected to be 0.38.
BILL Holdings Inc (NYSE:BILL) trade information
Instantly BILL was in green as seen at the end of in last trading. With action 5.74%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -44.59%, with the 5-day performance at 5.74% in the green. However, in the 30-day time frame, BILL Holdings Inc (NYSE:BILL) is -21.53% down. Looking at the short shares, we see there were 7.31 million shares sold at short interest cover period of 1.72 days.
The consensus price target for the stock as assigned by Wall Street analysts is 69.5, meaning bulls need an upside of 32.46% from its current market value. According to analyst projections, BILL’s forecast low is 25 with 95 as the target high. To hit the forecast high, the stock’s price needs a -102.39% plunge from its current level, while the stock would need to tank 46.74% for it to hit the projected low.
BILL Holdings Inc (BILL) estimates and forecasts
Year-over-year growth is forecast to reach 13.25% up from the last financial year.
Consensus estimates given by 21 financial analysts project the company’s revenue in the current quarter to hit an average of 355.85M. 21 analysts are of the opinion that BILL Holdings Inc’s revenue for the current quarter will be 384.87M. The company’s revenue for the corresponding quarters a year ago was 323.03M and 343.67M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 10.16%. The estimates for the next quarter sales put growth at 11.99%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -21.88%. The 2025 estimates are for BILL Holdings Inc earnings to decrease by -7.78%, but the outlook for the next 5-year period is at 10.22% per year.
BILL Dividends
BILL Holdings Inc is expected to release its next quarterly earnings report on 2025-Feb-05.
BILL Holdings Inc (NYSE:BILL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 9.18% of BILL Holdings Inc shares while 95.59% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 105.26%. There are 95.59% institutions holding the BILL Holdings Inc stock share, with PRICE T ROWE ASSOCIATES INC /MD/ the top institutional holder. As of 2024-06-30, the company held 10.5587% of the shares, roughly 11.2 million BILL shares worth $589.5 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.7676% or 10.3 million shares worth $541.91 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Price (T.Rowe) New Horizons Fund and iShares Core S&P Midcap ETF . With 6.25 shares estimated at $293.48 million under it, the former controlled 6.13% of total outstanding shares. On the other hand, iShares Core S&P Midcap ETF held about 3.05% of the shares, roughly 3.11 shares worth around $145.86 million.
