21 analysts have shared their evaluations of BILL Holdings BILL during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 7 | 8 | 1 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 3 | 5 | 6 | 1 | 0 |
| 2M Ago | 1 | 1 | 1 | 0 | 0 |
| 3M Ago | 1 | 0 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $71.05, a high estimate of $100.00, and a low estimate of $45.00. Highlighting a 11.35% decrease, the current average has fallen from the previous average price target of $80.15.
Diving into Analyst Ratings: An In-Depth Exploration
In examining recent analyst actions, we gain insights into how financial experts perceive BILL Holdings. The following summary 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 |
|---|---|---|---|---|---|
| Thomas Poutrieux | Exane BNP Paribas | Announces | Outperform | $90.00 | - |
| Siti Panigrahi | Mizuho | Lowers | Neutral | $52.00 | $60.00 |
| Daniel Jester | BMO Capital | Lowers | Market Perform | $57.00 | $75.00 |
| Will Nance | Goldman Sachs | Lowers | Neutral | $54.00 | $86.00 |
| Peter Levine | Evercore ISI Group | Lowers | In-Line | $60.00 | $70.00 |
| David Koning | Baird | Lowers | Neutral | $60.00 | $68.00 |
| James Friedman | Susquehanna | Lowers | Positive | $91.00 | $100.00 |
| Sanjay Sakhrani | Keefe, Bruyette & Woods | Lowers | Market Perform | $55.00 | $60.00 |
| Scott Berg | Needham | Maintains | Buy | $100.00 | $100.00 |
| Joseph Vafi | Canaccord Genuity | Maintains | Buy | $100.00 | $100.00 |
| Clarke Jeffries | Piper Sandler | Raises | Overweight | $60.00 | $59.00 |
| Tien-Tsin Huang | JP Morgan | Lowers | Overweight | $60.00 | $80.00 |
| Andrew Bauch | Wells Fargo | Lowers | Underweight | $45.00 | $60.00 |
| James Friedman | Susquehanna | Maintains | Positive | $100.00 | $100.00 |
| Clarke Jeffries | Piper Sandler | Lowers | Overweight | $59.00 | $77.00 |
| Taylor McGinnis | UBS | Lowers | Buy | $65.00 | $85.00 |
| Scott Berg | Needham | Maintains | Buy | $100.00 | $100.00 |
| Ken Wong | Oppenheimer | Lowers | Outperform | $70.00 | $95.00 |
| David Koning | Baird | Raises | Neutral | $68.00 | $60.00 |
| Will Nance | Goldman Sachs | Lowers | Buy | $86.00 | $98.00 |
| Sanjay Sakhrani | Keefe, Bruyette & Woods | Lowers | Market Perform | $60.00 | $70.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to BILL Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of BILL Holdings compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for BILL Holdings's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of BILL Holdings's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on BILL Holdings analyst ratings.
Get to Know BILL Holdings Better
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.
BILL Holdings: A Financial Overview
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Over the 3 months period, BILL Holdings showcased positive performance, achieving a revenue growth rate of 16.11% as of 30 June, 2024. This reflects 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: BILL Holdings's net margin is impressive, surpassing industry averages. With a net margin of 2.21%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 0.19%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.08%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.24, BILL Holdings adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Significance of Analyst Ratings Explained
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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