Is BILL Holdings Inc (BILL) Stock a Good Buy for Short-term Investors?

BILL Holdings Inc [BILL] stock prices are down -1.11% to $53.34 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BILL shares have gain 1.12% over the last week, with a monthly amount glided 13.63%, and 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 August 26, 2024, when BMO Capital Markets reiterated its Market Perform rating and also revised its price target to $57 from $75. Previously, Goldman downgraded its rating to Neutral on August 23, 2024, and dropped its price target to $54. On August 01, 2024, downgrade downgraded it’s rating to Peer Perform. Wells Fargo downgraded its rating to a Underweight and decreased its price target to $60 on April 01, 2024. Exane BNP Paribas upgraded its rating to a Neutral but $72 remained the price target by the analyst firm on March 13, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on January 23, 2024, and downed its price target to $75. In a note dated November 03, 2023, William Blair downgraded an Mkt Perform rating on this stock.

The stock price of BILL Holdings Inc [BILL] has been fluctuating between $43.11 and $118.69 over the past year. Currently, Wall Street analysts expect the stock to reach $148.48 within the next 12 months. BILL Holdings Inc [NYSE: BILL] shares were valued at $53.34 at the most recent close of the market. An investor can expect a potential return of 178.37% based on the average BILL price forecast.

Analyzing the BILL fundamentals

The BILL Holdings Inc [NYSE:BILL] reported sales of 1.29B for trailing twelve months, representing a surge of 16.11%. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.

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 52.03 points at the first support level, and at 50.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.72, and for the 2nd resistance point, it is at 56.10.

Ratios To Look Out For

It’s worth pointing out that BILL Holdings Inc [NYSE:BILL]’s Current Ratio is 1.55. Also, the Quick Ratio is 1.55, while the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 4.41, the price to book ratio is 1.38.

Transactions by insiders

Recent insider trading involved Cota Germaine, SVP, FINANCE & ACCOUNTING, that happened on Aug 30 ’24 when 803.0 shares were sold. CLO & CCO, Aji Rajesh A. completed a deal on Aug 30 ’24 to sell 2486.0 shares. Meanwhile, Officer RAJESH AJI bought 2486.0 shares on Aug 30 ’24.

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