BILL Holdings Inc (BILL) stock poised to deliver a potential return of 176.82%

At the time of writing, BILL Holdings Inc [BILL] stock is trading at $53.92, down -2.86%. 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 2.20% over the last week, with a monthly amount drifted -2.07%, 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 September 12, 2024, when Exane BNP Paribas upgraded its rating to a Outperform but kept the price target unchanged to $90 for it. Previously, BMO Capital Markets reaffirmed its Market Perform rating on August 26, 2024, and dropped its price target to $57. On August 23, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $54 on the stock. Wolfe Research downgraded its rating to a Peer Perform. Wells Fargo downgraded its rating to a Underweight and reduced its price target to $60 on April 01, 2024. Exane BNP Paribas upgraded its rating to Neutral for this stock on March 13, 2024, but kept the price target unchanged to $72. In a note dated January 23, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $80 to $75.

For the past year, the stock price of BILL Holdings Inc fluctuated between $43.11 and $118.69. Currently, Wall Street analysts expect the stock to reach $149.26 within the next 12 months. BILL Holdings Inc [NYSE: BILL] shares were valued at $53.92 at the most recent close of the market. An investor can expect a potential return of 176.82% based on the average BILL price forecast.

Analyzing the BILL fundamentals

According to BILL Holdings Inc [NYSE:BILL], the company’s sales were 1.29B for trailing twelve months, which represents an 16.11% jump. 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 53.18 points at the first support level, and at 52.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.86, and for the 2nd resistance point, it is at 55.79.

Ratios To Look Out For

It is important to note that BILL Holdings Inc [NYSE:BILL] has a current ratio of 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 4.46, the price to book ratio is 1.39.

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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