BILL Holdings Inc (NYSE: BILL) Now $43.11 Higher From Its Low (3.28), Does It Still Have A Growth Story?

BILL Holdings Inc (NYSE:BILL) currently has a daily average trading volume of 1.60M but it saw 1916029 shares traded in last market. With a market cap of 4.92B USD, the company’s current market price of $46.39 came rising about 4.11 while comparing to the previous closing price of $44.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $119.32 and as low as $43.11. In the recent trading on the day, stock has struck highest price mark of $44.833 while lowest mark touched by it was $46.64.

Taking a look at 20-day trading activity of BILL Holdings Inc (BILL) gives us an average price of $50.85, while its current price level is -61.12% below from 52-week high level whereas it is 7.61% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $50.65 while that of 200 days or SMA-200 reads an average of $64.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.81% during that period while stretching the period over a month that decreases to 4.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.34 which implies that the stock is in neutral territory.

Wells Fargo downgraded its recommendation for the stock as a “Underweight” from “Equal Weight” on April 01, 2024 while assigning a price target range of $70-$60. Exane BNP Paribas issued its recommendations for the stock as it upgraded the price target for the stock is $72.

Over the week, BILL’s stock price is moving -3.64% down while it is -7.57% when we observe its performance for the past one month. Year-to-date it is -43.14% down and over the past year, the stock is showing a downside performance of -57.53%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.59 beat the consensus estimate of 0.41 for the same. In next quarter, company is expected to be making quarterly sales of $335.15M as analysts are expecting the sales for current fiscal year at $1.28B and seeing the company making $1.44B in sales next year. Moreover, analysts are in estimates of $325.73M for current-quarter revenue.

Currently, BILL Holdings Inc’s total number of outstanding shares is 106.55M with 3.05% of that held by the insiders while 91.69% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -0.99% and return on equity (ROE) at -1.28%. It has a 20.88 of forward P/E ratio. Stock’s beta reads 1.62. Stock has a price to book (P/B) ratio of 1.21 while price to sale or P/S ratio amounts to 3.96. Its return on asset (ROA) is -0.57% on average.