10 analysts have expressed a variety of opinions on BILL Holdings (NYSE:BILL) over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 1 | 5 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 0 | 2 | 0 | 0 |
| 2M Ago | 1 | 1 | 1 | 1 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $75.8, a high estimate of $100.00, and a low estimate of $60.00. A 7.99% drop is evident in the current average compared to the previous average price target of $82.38.
Analyzing Analyst Ratings: A Detailed Breakdown
A clear picture of BILL Holdings's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| David Koning | Baird | Lowers | Neutral | $60.00 | $74.00 |
| Siti Panigrahi | Mizuho | Lowers | Neutral | $60.00 | $65.00 |
| Joseph Vafi | Canaccord Genuity | Maintains | Buy | $100.00 | $100.00 |
| Scott Berg | Needham | Maintains | Buy | $100.00 | - |
| Daniel Jester | BMO Capital | Lowers | Market Perform | $75.00 | $82.00 |
| Samad Samana | Jefferies | Lowers | Buy | $80.00 | $95.00 |
| David Koning | Baird | Lowers | Neutral | $74.00 | $78.00 |
| Clarke Jeffries | Piper Sandler | Lowers | Overweight | $77.00 | $95.00 |
| Andrew Bauch | Wells Fargo | Lowers | Underweight | $60.00 | $70.00 |
| Thomas Poutrieux | Exane BNP Paribas | Announces | Neutral | $72.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to BILL Holdings. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of BILL Holdings compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of BILL Holdings's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of BILL Holdings's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on BILL Holdings analyst ratings.
All You Need to Know About BILL Holdings
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
Financial Insights: BILL Holdings
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: BILL Holdings's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 18.52%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 9.85%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): BILL Holdings's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 0.79%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): BILL Holdings's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.33%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.3, BILL Holdings adopts a prudent financial strategy, indicating a balanced approach to debt management.
What Are Analyst Ratings?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.