Bill.com Holdings Inc. [BILL] moved up 6.22: Why It’s Important

Bill.com Holdings Inc. [NYSE: BILL] gained 6.22% or 10.12 points to close at $172.74 with a heavy trading volume of 1448135 shares. The company report on June 9, 2021 that Bill.com to Participate in Upcoming Virtual Investor Event.

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Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), announced that management will be participating at Oppenheimer’s 2021 Virtual Software & Semiconductor Bus Tour on Friday, June 11, 2021 at 11:45am ET.

A live webcast, as well as a replay, will be available on the Company’s investor relations website at https://investor.bill.com.

It opened the trading session at $162.00, the shares rose to $173.66 and dropped to $161.75, the range by which the price of stock traded the whole day. The daily chart for BILL points out that the company has recorded 22.94% gains over the past six months. However, it is still -127.38% lower than its most recent low trading price.

If we look at the average trading volume of 1.21M shares, BILL reached to a volume of 1448135 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Bill.com Holdings Inc. [BILL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BILL shares is $169.54 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BILL stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Bill.com Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 17, 2021. While these analysts kept the previous recommendation, Berenberg raised their target price to Hold. The new note on the price target was released on April 08, 2021, representing the official price target for Bill.com Holdings Inc. stock. Previously, the target price had yet another raise to $160, while Susquehanna analysts kept a Neutral rating on BILL stock. On February 05, 2021, analysts increased their price target for BILL shares from 105 to 150.

The Average True Range (ATR) for Bill.com Holdings Inc. is set at 7.14, with the Price to Sales ratio for BILL stock in the period of the last 12 months amounting to 70.48. The Price to Book ratio for the last quarter was 16.40, with the Price to Cash per share for the same quarter was set at 21.06.

Trading performance analysis for BILL stock

Bill.com Holdings Inc. [BILL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.78. With this latest performance, BILL shares gained by 21.41% in over the last four-week period, additionally plugging by 22.94% over the last 6 months – not to mention a rise of 127.32% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BILL stock in for the last two-week period is set at 66.83, with the RSI for the last a single of trading hit 74.79, and the three-weeks RSI is set at 61.74 for Bill.com Holdings Inc. [BILL]. The present Moving Average for the last 50 days of trading for this stock 152.06, while it was recorded at 161.83 for the last single week of trading, and 134.05 for the last 200 days.

Bill.com Holdings Inc. [BILL]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Bill.com Holdings Inc. [BILL] shares currently have an operating margin of -21.70 and a Gross Margin at +75.16. Bill.com Holdings Inc.’s Net Margin is presently recorded at -19.73.

Return on Total Capital for BILL is now -7.71, given the latest momentum, and Return on Invested Capital for the company is -7.03. Return on Equity for this stock declined to -7.03, with Return on Assets sitting at -1.58. When it comes to the capital structure of this company, Bill.com Holdings Inc. [BILL] has a Total Debt to Total Equity ratio set at 0.32. Additionally, BILL Total Debt to Total Capital is recorded at 0.32, with Total Debt to Total Assets ending up at 0.10.

Reflecting on the efficiency of the workforce at the company, Bill.com Holdings Inc. [BILL] managed to generate an average of -$50,309 per employee. Receivables Turnover for the company is 14.53 with a Total Asset Turnover recorded at a value of 0.08.Bill.com Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 1.90.

Bill.com Holdings Inc. [BILL]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Bill.com Holdings Inc. posted -0.02/share EPS, while the average EPS was predicted by analysts to be reported at -0.11/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 81.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BILL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bill.com Holdings Inc. go to 30.00%.

An analysis of insider ownership at Bill.com Holdings Inc. [BILL]

There are presently around $14,644 million, in the hands of institutional investors. The top three institutional holders of BILL stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 8,083,664, which is approximately -10.793% of the company’s market cap and around 0.50% of the total institutional ownership; VANGUARD GROUP INC, holding 6,657,629 shares of the stock with an approximate value of $1.15 billion in BILL stocks shares; and KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC, currently with $1.05 billion in BILL stock with ownership of nearly -0.866% of the company’s market capitalization.

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Positions in Bill.com Holdings Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 183 institutional holders increased their position in Bill.com Holdings Inc. [NYSE:BILL] by around 11,347,894 shares. Additionally, 147 investors decreased positions by around 13,360,859 shares, while 28 investors held positions by with 60,065,564 shares. The mentioned changes placed institutional holdings at 84,774,317 shares, according to the latest SEC report filing. BILL stock had 80 new institutional investments in for a total of 4,837,650 shares, while 48 institutional investors sold positions of 1,057,402 shares during the same period.

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