The 36-month beta value for BILL is also noteworthy at 1.69. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for BILL is 100.29M, and at present, short sellers hold a 3.85% of that float. The average trading volume of BILL on April 24, 2024 was 2.29M shares.
BILL) stock’s latest price update
The stock price of BILL Holdings Inc (NYSE: BILL) has jumped by 1.07 compared to previous close of 60.61. Despite this, the company has seen a fall of -1.98% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-22 that BILL Holdings (BILL) closed at $60.61 in the latest trading session, marking a +1.68% move from the prior day.
BILL’s Market Performance
BILL’s stock has fallen by -1.98% in the past week, with a monthly drop of -9.98% and a quarterly drop of -18.24%. The volatility ratio for the week is 3.58% while the volatility levels for the last 30 days are 3.79% for BILL Holdings Inc The simple moving average for the last 20 days is -3.79% for BILL’s stock, with a simple moving average of -29.01% for the last 200 days.
Analysts’ Opinion of BILL
Many brokerage firms have already submitted their reports for BILL stocks, with Wells Fargo repeating the rating for BILL by listing it as a “Underweight.” The predicted price for BILL in the upcoming period, according to Wells Fargo is $60 based on the research report published on April 01, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see BILL reach a price target of $72. The rating they have provided for BILL stocks is “Neutral” according to the report published on March 13th, 2024.
Wells Fargo gave a rating of “Equal Weight” to BILL, setting the target price at $75 in the report published on January 23rd of the current year.
BILL Trading at -4.95% from the 50-Day Moving Average
After a stumble in the market that brought BILL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.09% of loss for the given period.
Volatility was left at 3.79%, however, over the last 30 days, the volatility rate increased by 3.58%, as shares sank -10.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.42% lower at present.
During the last 5 trading sessions, BILL fell by -1.98%, which changed the moving average for the period of 200-days by -47.01% in comparison to the 20-day moving average, which settled at $63.32. In addition, BILL Holdings Inc saw -24.92% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BILL starting from Cota Germaine, who sale 920 shares at the price of $65.34 back on Mar 07 ’24. After this action, Cota Germaine now owns 5,093 shares of BILL Holdings Inc, valued at $60,113 using the latest closing price.
Aji Rajesh A., the CLO & CCO of BILL Holdings Inc, sale 2,529 shares at $64.17 during a trade that took place back on Mar 01 ’24, which means that Aji Rajesh A. is holding 8,652 shares at $162,280 based on the most recent closing price.
Stock Fundamentals for BILL
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.82 for the gross margin
The net margin for BILL Holdings Inc stands at -0.1. The total capital return value is set at -0.04. Equity return is now at value -2.87, with -1.18 for asset returns.
Based on BILL Holdings Inc (BILL), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 23.07.
Currently, EBITDA for the company is -200.09 million with net debt to EBITDA at -5.42. When we switch over and look at the enterprise to sales, we see a ratio of 5.68. The receivables turnover for the company is 2.19for trailing twelve months and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
In summary, BILL Holdings Inc (BILL) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
