More To Go Or Is It Over? – BILL Holdings Inc (BILL)

BILL Holdings Inc (NYSE:BILL) does about 2.30M shares in volume on a normal day but saw 1504016 shares change hands in Friday trading. The company now has a market cap of 6.27B USD. Its current market price is $59.61, marking a decrease of -2.26% compared to the previous close of $60.99. The 52 week high reached by this stock is $139.50 whilst the lowest price level in 52 weeks is $51.94.

BILL Holdings Inc (BILL) has a 20-day trading average at $64.04 and the current price is -57.27% off the 52-week high compared with 14.77% distance from its 52-week low. The 50-day simple moving average of the closing price is $64.75 and its 200-day simple moving average is $86.57. If we look at the stock’s price movements over the week, volatility stands at 3.76%, which increases to 3.84% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 38.33 to suggest the stock is neutral.

The consensus objective for the share price is $85.71, suggesting that the stock has a potential upside of 30.45% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 01, 2024 when Wells Fargo downgraded the stock to “Underweight” and issued a price target of between $70 and $60. Exane BNP Paribas upgraded the stock to “Neutral” from Underperform on March 13, 2024 at a price target of $72. Wells Fargo downgraded its price target at $80-$75.

BILL Holdings Inc (BILL) stock is down -3.32% over the week and -10.33% over the past month. Its price is -26.94% year-to-date and -23.23% over the past year.

To reach the target analysts have set, the stock logically needs to grow 30.45 percent from here.

The company has a return on investment of -2.01% and return on equity of -2.87%. The forward price to earnings ratio is 24.00. The beta has a value of 1.68. Price to book ratio is 1.59 and price to sales ratio is 5.26.