The 36-month beta value for BILL is at 1.61. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 5 rating it as “overweight,” 11 as “hold,” and 1 as “sell.”
The public float for BILL is 99.13M, and currently, shorts hold a 3.63% of that float. The average trading volume for BILL on October 18, 2024 was 1.78M shares.
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BILL) stock’s latest price update
BILL Holdings Inc (NYSE: BILL) has seen a rise in its stock price by 2.07 in relation to its previous close of 55.52. However, the company has experienced a 1.56% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-10-17 that SAN JOSE, Calif.–(BUSINESS WIRE)–BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), will report financial results for its fiscal first quarter ended September 30, 2024, after the market close on Thursday, November 7, 2024. BILL will host a webcast at 1:30pm PT (4:30pm ET) on Thursday, November 7, 2024 to discuss the results. The news release with the financial results and a link to the webcast will be accessible at the BILL investor relations w.
BILL’s Market Performance
BILL Holdings Inc (BILL) has experienced a 1.56% rise in stock performance for the past week, with a 9.70% rise in the past month, and a 5.71% rise in the past quarter. The volatility ratio for the week is 2.47%, and the volatility levels for the past 30 days are at 3.38% for BILL. The simple moving average for the past 20 days is 5.00% for BILL’s stock, with a -3.59% simple moving average for the past 200 days.
Analysts’ Opinion of BILL
Many brokerage firms have already submitted their reports for BILL stocks, with Exane BNP Paribas repeating the rating for BILL by listing it as a “Outperform.” The predicted price for BILL in the upcoming period, according to Exane BNP Paribas is $90 based on the research report published on September 12, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see BILL reach a price target of $57, previously predicting the price at $75. The rating they have provided for BILL stocks is “Market Perform” according to the report published on August 26th, 2024.
Goldman gave a rating of “Neutral” to BILL, setting the target price at $54 in the report published on August 23rd of the current year.
BILL Trading at 8.25% 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 -49.85% of loss for the given period.
Volatility was left at 3.38%, however, over the last 30 days, the volatility rate increased by 2.47%, as shares surge +3.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.18% upper at present.
During the last 5 trading sessions, BILL rose by +1.56%, which changed the moving average for the period of 200-days by -26.62% in comparison to the 20-day moving average, which settled at $53.97. In addition, BILL Holdings Inc saw -30.54% 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 803 shares at the price of $54.75 back on Aug 30 ’24. After this action, Cota Germaine now owns 6,861 shares of BILL Holdings Inc, valued at $43,962 using the latest closing price.
Aji Rajesh A., the CLO & CCO of BILL Holdings Inc, sale 2,486 shares at $54.73 during a trade that took place back on Aug 30 ’24, which means that Aji Rajesh A. is holding 7,812 shares at $136,056 based on the most recent closing price.
Stock Fundamentals for BILL
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.8 for the gross margin
The net margin for BILL Holdings Inc stands at -0.02. The total capital return value is set at -0.03. Equity return is now at value -0.70, with -0.30 for asset returns.
Based on BILL Holdings Inc (BILL), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is -8.95.
Currently, EBITDA for the company is -43.41 million with net debt to EBITDA at 17.47. When we switch over and look at the enterprise to sales, we see a ratio of 4.55. The receivables turnover for the company is 1.74for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.55.
Conclusion
In conclusion, BILL Holdings Inc (BILL) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
