BILL (NYSE:BILL) Issues FY 2025 Earnings Guidance

by · The Markets Daily

BILL (NYSE:BILL – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.650-1.830 for the period, compared to the consensus EPS estimate of 1.550. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion. BILL also updated its FY25 guidance to $1.65-1.83 EPS.

BILL Stock Up 1.8 %

Shares of NYSE:BILL traded up $1.16 during midday trading on Thursday, hitting $65.88. The company had a trading volume of 2,704,614 shares, compared to its average volume of 1,120,446. BILL has a 12 month low of $43.11 and a 12 month high of $87.05. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.22. The firm has a fifty day simple moving average of $54.78 and a 200 day simple moving average of $53.43.

BILL (NYSE:BILL – Get Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.11. The firm had revenue of $343.67 million for the quarter, compared to the consensus estimate of $328.27 million. BILL had a positive return on equity of 1.13% and a negative net margin of 2.24%. The company’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter last year, the business posted $0.10 EPS. As a group, equities research analysts expect that BILL will post -0.58 earnings per share for the current year.

Wall Street Analyst Weigh In

BILL has been the topic of a number of recent analyst reports. Robert W. Baird boosted their price target on BILL from $60.00 to $62.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. Piper Sandler boosted their price objective on BILL from $59.00 to $60.00 and gave the stock an “overweight” rating in a report on Friday, August 23rd. Keefe, Bruyette & Woods reduced their price objective on BILL from $60.00 to $55.00 and set a “market perform” rating for the company in a report on Friday, August 23rd. Wells Fargo & Company reduced their price objective on BILL from $60.00 to $45.00 and set an “underweight” rating for the company in a report on Tuesday, August 20th. Finally, JPMorgan Chase & Co. reduced their price objective on BILL from $80.00 to $60.00 and set an “overweight” rating for the company in a report on Tuesday, August 20th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, BILL has a consensus rating of “Hold” and an average price target of $70.71.

Read Our Latest Report on BILL

Insider Activity at BILL

In other news, CEO Rene A. Lacerte purchased 42,248 shares of the business’s stock in a transaction on Monday, August 26th. The shares were acquired at an average price of $49.60 per share, with a total value of $2,095,500.80. Following the completion of the transaction, the chief executive officer now owns 184,249 shares of the company’s stock, valued at $9,138,750.40. The trade was a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, SVP Germaine Cota sold 803 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $54.75, for a total value of $43,964.25. Following the sale, the senior vice president now owns 6,861 shares in the company, valued at $375,639.75. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Rene A. Lacerte bought 42,248 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was acquired at an average price of $49.60 per share, for a total transaction of $2,095,500.80. Following the acquisition, the chief executive officer now directly owns 184,249 shares in the company, valued at $9,138,750.40. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 68,372 shares of company stock worth $3,404,826 and sold 3,808 shares worth $209,866. 4.20% of the stock is currently owned by company insiders.

BILL Company Profile

(Get Free Report)

BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency.

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