BILL Holdings Inc (NYSE:BILL) price on current trading day, fall -30.86% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $66.62.
A look at the stock’s price movement, the level at last check in today’s session was $96.35, moving within a range at $62.38 and $67.54. The beta value (5-Year monthly) was 1.594. Turning to its 52-week performance, $100.19 and $43.11 were the 52-week high and 52-week low respectively. Overall, BILL moved -20.46% over the past month.
BILL Holdings Inc’s market cap currently stands at around $6.89 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 356.11M for the company’s revenue for the quarter, with a low and high estimate of 354.28M and 358.5M respectively. The average forecast suggests up to a 10.24% 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 1.47B, representing a 13.59% 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 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in Hold 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 -26.36% and -25.56% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 24.15, while 7-day volatility ratio is 3.02% and 3.62% in the 30-day chart. Further, BILL Holdings Inc (BILL) has a beta value of 1.93, and an average true range (ATR) of 5.56. Analysts have given the company’s stock an average 52-week price target of $62, forecast between a low of $25 and high of $95. Looking at the price targets, the low is 62.47% off recent price level in today’s trading while to achieve the yearly target high, it has to move -42.6%. Nonetheless, investors will most likely welcome a 6.93% jump to $62 which is the analysts’ median price.
If we refocus on BILL Holdings Inc (NYSE:BILL), historical trading data shows that trading volumes averaged 2.26 over the past 10 days and 2.64 million over the past 3 months. The company’s latest data on shares outstanding shows there are 103.49 million shares.
The 4.65% of BILL Holdings Inc’s shares are in the hands of company insiders while institutional holders own 82.28% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.61 million on 2025-01-15, giving us a short ratio of 2.14. The data shows that as of 2025-01-15 short interest in BILL Holdings Inc (BILL) stood at 985.00006 of shares outstanding, with shares short rising to 5.37 million registered in 2024-12-13. Current price change has pushed the stock -21.36% 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.
