Bill.com Holdings Inc. (NYSE:BILL) saw a downside of -0.55% to close Tuesday at $103.17 after subtracting -$0.57 on the day. The 5-day average trading volume is 1,478,540 shares of the company’s common stock. It has gained $112.46 in the past week and touched a new high 2 times within the past 5 days. An average of 1,583,560 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,934,588.
BILL’s 1-month performance is -15.07% or -$18.30 on its low of $99.66 reached on 12/27/22. The company’s shares have touched a 52-week low of $89.87 and high of $262.17, with the stock’s rally to the 52-week high happening on 02/10/22. YTD, BILL has lost -58.59% or -$145.98 and has reached a new high 2 times. However, the current price is down -60.65% from the 52-week high price.
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BILL stock investors last saw insider trading activity on Dec 15.Aji Rajesh A. (CLO & CCO) most recently sold 2,270 shares at $118.61 per share on Dec 15. This transaction cost the insider $269,245. CFO, Rettig John R., sold 9,352 shares at a price of $114.60 on Dec 05. Then, on Nov 30, SVP, Finance & Accounting Cota Germaine sold 326 shares at a price of $113.64 per share. This transaction amounted to $37,047.
Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 14.60 while the price-to-book (PB) in the most recent quarter is 2.68, with the price to cash flow ratio at 692.08.
Bill.com Holdings Inc.’s quick ratio for the period ended June 29 was 1.90, with the current ratio over the same period at 1.90. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.44, while the total debt to equity was 0.44.. In terms of profitability, the gross margin trailing 12 months is 72.70%. The firm’s gross profit as reported stood at $496.95 million against revenue of $641.96 million.
For the quarterly period ending June 29 this year, Bill.com Holdings Inc.’s cash and short-term investments amounted to $1.03 billion against total debt of $1.87 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 7.29% to -$81.64 million, while revenue of -$83.52 million was -2.3% off the previous quarter. Analysts expected BILL to announce -$0.13 per share in earnings in its latest quarter, but it posted -$0.03, representing a 76.90% surprise. EBITDA for the quarter stood at more than -$62.74 million. BILL stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.21 billion, with total debt at $1.87 billion. Shareholders hold equity totaling $105.67 million.
Let’s look briefly at Bill.com Holdings Inc. (BILL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 27 December was 35.90% to suggest the stock is trending Neutral, with historical volatility in this time period at 57.22%.
The stock’s 5-day moving average is $105.51, reflecting a -2.83% or -$3.00 change from its current price. BILL is currently trading -10.76% above its 20-day SMA, -27.06% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -12.84% and SMA200 by-44.98%.
Stochastic %K and %D was 9.19% and 9.52% and the average true range (ATR) pointed at 6.46. The RSI (14) points at 39.73%, while the 14-day stochastic is at 12.22% with the period’s ATR at 7.02. The stock’s 9-day MACD Oscillator is pointing at -5.19 and -7.27 on the 14-day charts.
In the most recent analyst report for Bill.com Holdings Inc. (NYSE: BILL), Susquehanna launched coverage with a Positive rating. Analysts offering their rating for BILL stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate BILL as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 22 have offered a “buy” rating.
What is BILL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $110.00 and a high of $250.00, with their median price target at $190.00. Looking at these predictions, the average price target given by analysts is for Bill.com Holdings Inc. (BILL) stock is $185.11.