BILL Holdings Inc (BILL) shares projected to rise by 187.33%

BILL Holdings Inc [BILL] stock is trading at $62.42, down -0.13%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BILL shares have lost -1.08% over the last week, with a monthly amount drifted -7.48%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

BILL Holdings Inc [NYSE: BILL] stock has seen the most recent analyst activity on April 01, 2024, when Wells Fargo downgraded its rating to a Underweight and also revised its price target to $60 from $70. Previously, Exane BNP Paribas upgraded its rating to Neutral on March 13, 2024, and kept the price target unchanged to $72. On January 23, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $75 on the stock. William Blair downgraded its rating to a Mkt Perform. KeyBanc Capital Markets downgraded its rating to a Sector Weight. Wells Fargo started tracking with a Overweight rating for this stock on October 31, 2023, and assigned it a price target of $115.

BILL Holdings Inc [BILL] stock has fluctuated between $51.94 and $139.50 over the past year. Currently, Wall Street analysts expect the stock to reach $179.35 within the next 12 months. BILL Holdings Inc [NYSE: BILL] shares were valued at $62.42 at the most recent close of the market. An investor can expect a potential return of 187.33% based on the average BILL price forecast.

Analyzing the BILL fundamentals

BILL Holdings Inc [NYSE:BILL] reported sales of 1.19B for the trailing twelve months, which represents a growth of 22.50%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.48.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 61.62 points at the first support level, and at 60.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.36, and for the 2nd resistance point, it is at 64.29.

Ratios To Look Out For

For context, BILL Holdings Inc’s Current Ratio is 1.69. Further, the Quick Ratio stands at 1.69, while the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 5.51, the price to book ratio is 1.66.

Transactions by insiders

Recent insider trading involved Cota Germaine, SVP, FINANCE & ACCOUNTING, that happened on Mar 07 ’24 when 920.0 shares were sold. CLO & CCO, Aji Rajesh A. completed a deal on Mar 01 ’24 to sell 2529.0 shares. Meanwhile, CLO & CCO Aji Rajesh A. sold 248.0 shares on Feb 07 ’24.

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