Stocks of BILL Holdings Inc (NYSE:BILL) traded higher last session on Wall Street, up 3.14% to $95.47.
BILL stock price is now 39.38% away from the 50-day moving average and 61.34% away from the 200-day moving average. The market capitalization of the company currently stands at $9.88B.
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With the price target maintained at $90, Exane BNP Paribas recently Upgraded its rating from Neutral to Outperform for BILL Holdings Inc (NYSE: BILL). On August 26, 2024, BMO Capital Markets reiterated its ‘Market Perform’ rating on the stock by increasing its target price from $75 to quote $57, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, Aji Rajesh A., CLO & CCO sold 1,905 shares of the company’s stock on Dec 02 ’24. The stock was sold for $171,431 at an average price of $89.99. Upon completion of the transaction, the CLO & CCO now directly owns 7,812 shares in the company, valued at $0.75 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, SVP, FINANCE & ACCOUNTING Cota Germaine sold 803 shares of the business’s stock. A total of $72,262 was realized by selling the stock at an average price of $89.99. This leaves the insider owning 6,839 shares of the company worth $0.65 million. A total of 4.60% of the company’s stock is owned by insiders.
During the past 12 months, BILL Holdings Inc has had a low of $43.11 and a high of $94.28. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 1.53, and a quick ratio of 1.53. The fifty day moving average price for BILL is $67.6304 and a two-hundred day moving average price translates $59.00115 for the stock.
The latest earnings results from BILL Holdings Inc (NYSE: BILL) was released for 2024-09-30. The net profit margin was 0.59% and return on equity was 0.19% for BILL. The company reported revenue of $358.45 million for the quarter, compared to $304.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.53 percent.
