How did BILL Holdings Inc (BILL) surprise investors with its report?

BILL Holdings Inc [BILL] stock prices are up 2.46% to $93.76 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 10.78% over the last week, with a monthly amount glided 71.19%, 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 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.

The stock price of BILL Holdings Inc [BILL] has been fluctuating between $43.11 and $92.16 over the past year. Currently, Wall Street analysts expect the stock to reach $142.04 within the next 12 months. BILL Holdings Inc [NYSE: BILL] shares were valued at $93.76 at the most recent close of the market. An investor can expect a potential return of 51.49% based on the average BILL price forecast.

Analyzing the BILL fundamentals

The BILL Holdings Inc [NYSE:BILL] reported sales of 1.34B for trailing twelve months, representing a surge of 17.53%. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.

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 92.57 points at the first support level, and at 91.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 94.62, and for the 2nd resistance point, it is at 95.47.

Ratios To Look Out For

It’s worth pointing out that BILL Holdings Inc [NYSE:BILL]’s Current Ratio is 1.53. Also, the Quick Ratio is 1.53, while the Cash Ratio stands at 0.21. Considering the valuation of this stock, the price to sales ratio is 7.34, the price to book ratio is 2.42.

Transactions by insiders

Recent insider trading involved Wagonfeld Alison, Director, that happened on Nov 12 ’24 when 779.0 shares were sold. SVP, FINANCE & ACCOUNTING, Cota Germaine completed a deal on Nov 08 ’24 to sell 1525.0 shares. Meanwhile, Director Wagonfeld Alison sold 519.0 shares on Oct 21 ’24.

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