BILL (BILL) Expected to Announce Quarterly Earnings on Thursday

BILL (NYSE:BILL) is projected to announce its earnings results after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $359.30 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

BILL Trading Down 1.5 %

BILL opened at $95.58 on Thursday. The firm’s fifty day moving average is $88.73 and its two-hundred day moving average is $67.49. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 1.53. The firm has a market cap of $9.89 billion, a PE ratio of -289.62, a price-to-earnings-growth ratio of 89.33 and a beta of 1.72. BILL has a twelve month low of $43.11 and a twelve month high of $98.57.

Insider Transactions at BILL

In other BILL news, Director Alison Wagonfeld sold 779 shares of BILL stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $90.00, for a total value of $70,110.00. Following the completion of the sale, the director now owns 259 shares in the company, valued at $23,310. The trade was a 75.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Germaine Cota sold 1,525 shares of BILL stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $77.99, for a total transaction of $118,934.75. Following the completion of the sale, the senior vice president now owns 5,348 shares of the company’s stock, valued at $417,090.52. This trade represents a 22.19 % decrease in their position. The disclosure for this sale can be found here. 4.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on BILL shares. KeyCorp raised shares of BILL from a “sector weight” rating to an “overweight” rating and set a $115.00 price objective for the company in a research report on Wednesday, December 18th. Wells Fargo & Company raised their target price on shares of BILL from $55.00 to $65.00 and gave the company an “underweight” rating in a research report on Thursday, January 16th. Susquehanna raised their target price on shares of BILL from $91.00 to $100.00 and gave the company a “positive” rating in a research report on Tuesday, January 7th. Morgan Stanley raised shares of BILL from an “equal weight” rating to an “overweight” rating and set a $95.00 target price for the company in a research report on Thursday, January 16th. Finally, Mizuho raised their target price on shares of BILL from $64.00 to $75.00 and gave the company a “neutral” rating in a research report on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $85.00.

About BILL

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.