BILL Holdings Inc (NYSE:BILL) price on current trading day, fall -1.91% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $87.96.
A look at the stock’s price movement, the level at last check in today’s session was $89.67, moving within a range at $87.0 and $89.69. The beta value (5-Year monthly) was 1.594. Turning to its 52-week performance, $91.19 and $43.11 were the 52-week high and 52-week low respectively. Overall, BILL moved 58.43% over the past month.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
BILL Holdings Inc’s market cap currently stands at around $9.10 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-06.
Analysts have a consensus estimate of 359.2M for the company’s revenue for the quarter, with a low and high estimate of 356.7M and 368.34M respectively. The average forecast suggests up to a 12.78% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.46B, representing a 12.80% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BILL is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
11 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 8 recommend BILL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BILL’s current price about 35.16% and 51.29% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 88.06, while 7-day volatility ratio is 6.33% and 4.15% in the 30-day chart. Further, BILL Holdings Inc (BILL) has a beta value of 1.70, and an average true range (ATR) of 3.42. Analysts have given the company’s stock an average 52-week price target of $100, forecast between a low of $45 and high of $340. Looking at the price targets, the low is 48.84% off recent price level in today’s trading while to achieve the yearly target high, it has to move -286.54%. Nonetheless, investors will most likely welcome a -13.69% jump to $100 which is the analysts’ median price.
If we refocus on BILL Holdings Inc (NYSE:BILL), historical trading data shows that trading volumes averaged 2.77 over the past 10 days and 1.90 million over the past 3 months. The company’s latest data on shares outstanding shows there are 106.65 million shares.
The 4.36% of BILL Holdings Inc’s shares are in the hands of company insiders while institutional holders own 86.33% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.05 million on 2024-10-31, giving us a short ratio of 3.66. The data shows that as of 2024-10-31 short interest in BILL Holdings Inc (BILL) stood at 603.99998 of shares outstanding, with shares short rising to 3.6 million registered in 2024-09-30. Current price change has pushed the stock 7.81% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BILL stock continues to rise going into the next quarter.
