What is Seaport Res Ptn’s Forecast for BILL FY2025 Earnings?

BILL Holdings, Inc. (NYSE:BILL) – Equities researchers at Seaport Res Ptn lifted their FY2025 earnings per share estimates for shares of BILL in a research report issued on Tuesday, January 14th. Seaport Res Ptn analyst J. Cantwell now expects that the company will post earnings per share of $0.07 for the year, up from their previous estimate of $0.06. The consensus estimate for BILL’s current full-year earnings is ($0.10) per share. Seaport Res Ptn also issued estimates for BILL’s FY2026 earnings at $0.07 EPS.

A number of other analysts have also recently weighed in on the stock. Mizuho increased their target price on shares of BILL from $64.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Piper Sandler increased their price objective on shares of BILL from $60.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Susquehanna raised their target price on shares of BILL from $91.00 to $100.00 and gave the stock a “positive” rating in a report on Tuesday, January 7th. The Goldman Sachs Group raised BILL from a “neutral” rating to a “buy” rating and upped their target price for the company from $96.00 to $104.00 in a report on Thursday, January 9th. Finally, Robert W. Baird increased their price target on BILL from $74.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $83.95.

BILL Stock Performance

Shares of BILL opened at $86.98 on Wednesday. The stock has a market capitalization of $9.00 billion, a PE ratio of -263.58 and a beta of 1.72. The business’s fifty day moving average price is $86.79 and its 200 day moving average price is $64.73. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.53 and a quick ratio of 1.53. BILL has a 12-month low of $43.11 and a 12-month high of $97.86.

Institutional Investors Weigh In On BILL

Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in shares of BILL by 74.9% in the 4th quarter. GAMMA Investing LLC now owns 306 shares of the company’s stock worth $26,000 after purchasing an additional 131 shares in the last quarter. Brooklyn Investment Group bought a new stake in BILL during the third quarter worth approximately $28,000. Advisors Asset Management Inc. grew its position in BILL by 30.8% in the third quarter. Advisors Asset Management Inc. now owns 1,101 shares of the company’s stock worth $58,000 after buying an additional 259 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in shares of BILL by 377.8% in the third quarter. Venturi Wealth Management LLC now owns 1,290 shares of the company’s stock valued at $68,000 after buying an additional 1,020 shares in the last quarter. Finally, Covestor Ltd lifted its position in shares of BILL by 15.1% during the 3rd quarter. Covestor Ltd now owns 1,897 shares of the company’s stock valued at $100,000 after acquiring an additional 249 shares during the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BILL

In other news, SVP Germaine Cota sold 1,525 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $77.99, for a total value of $118,934.75. Following the sale, the senior vice president now owns 5,348 shares of the company’s stock, valued at approximately $417,090.52. The trade was a 22.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Alison Wagonfeld sold 519 shares of the firm’s stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $57.50, for a total value of $29,842.50. Following the transaction, the director now directly owns 1,038 shares of the company’s stock, valued at $59,685. This represents a 33.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,823 shares of company stock worth $218,887 in the last 90 days. Corporate insiders own 4.20% of the company’s stock.

BILL Company Profile

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.