BILL Holdings, Inc. (NYSE:BILL) Sees Large Growth in Short Interest
by Teresa Graham · The Cerbat GemBILL Holdings, Inc. (NYSE:BILL – Get Free Report) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 12,902,518 shares, an increase of 18.7% from the March 15th total of 10,871,767 shares. Currently, 15.0% of the company’s stock are short sold. Based on an average trading volume of 2,218,764 shares, the days-to-cover ratio is presently 5.8 days.
Analyst Ratings Changes
Several research firms have recently issued reports on BILL. BMO Capital Markets lowered their price objective on BILL from $50.00 to $46.00 and set a “market perform” rating for the company in a research report on Friday, February 6th. Robert W. Baird set a $50.00 price objective on BILL in a research report on Friday, February 6th. Canaccord Genuity Group upped their price objective on BILL from $75.00 to $77.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Zacks Research cut BILL from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, Evercore set a $42.00 target price on BILL in a research report on Friday, February 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, BILL currently has a consensus rating of “Hold” and a consensus price target of $56.59.
Read Our Latest Analysis on BILL
BILL Stock Performance
NYSE:BILL traded up $0.63 during trading hours on Friday, reaching $38.84. 1,762,881 shares of the company’s stock were exchanged, compared to its average volume of 2,022,158. The firm has a market capitalization of $3.84 billion, a price-to-earnings ratio of -161.85, a P/E/G ratio of 4.49 and a beta of 1.32. The company has a 50-day moving average of $41.54 and a 200 day moving average of $47.31. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.48. BILL has a 1-year low of $34.44 and a 1-year high of $57.21.
BILL (NYSE:BILL – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.08. The firm had revenue of $414.67 million during the quarter, compared to analysts’ expectations of $399.71 million. BILL had a negative net margin of 1.56% and a positive return on equity of 1.70%. BILL’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.56 EPS. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. Research analysts anticipate that BILL will post 0.12 EPS for the current year.
Institutional Trading of BILL
Hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd lifted its position in BILL by 972.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after acquiring an additional 486 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in BILL during the 4th quarter worth approximately $28,000. Rockefeller Capital Management L.P. lifted its position in BILL by 173.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after acquiring an additional 452 shares during the period. CWM LLC lifted its position in BILL by 1,000.0% during the 4th quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after acquiring an additional 730 shares during the period. Finally, Hantz Financial Services Inc. lifted its position in BILL by 189.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,255 shares of the company’s stock worth $66,000 after acquiring an additional 821 shares during the period. 97.99% of the stock is owned by institutional investors and hedge funds.
BILL Company Profile
BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency. It also offers onboarding implementation support, and ongoing support and training services.