While BILL Holdings Inc has underperformed by -0.70%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BILL rose by 26.83%, with highs and lows ranging from $100.19 to $43.11, whereas the simple moving average jumped by 49.85% in the last 200 days.
On January 16, 2025, Morgan Stanley Upgraded BILL Holdings Inc (NYSE: BILL) to Overweight. A report published by Goldman on January 10, 2025, Upgraded its rating to ‘Buy’ for BILL. KeyBanc Capital Markets also Upgraded BILL shares as ‘Overweight’, setting a target price of $115 on the company’s shares in a report dated December 18, 2024. BMO Capital Markets resumed its ‘Market Perform’ rating for BILL, as published in its report on August 26, 2024. Goldman’s report from August 23, 2024 suggests a price prediction of $54 for BILL shares, giving the stock a ‘Neutral’ rating. Wolfe Research also rated the stock as ‘Peer Perform’.
Analysis of BILL Holdings Inc (BILL)
Further, the quarter-over-quarter increase in sales is 17.53%, showing a positive trend in the upcoming months.
To gain a thorough understanding of BILL Holdings Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 0.19% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.53, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and BILL is recording an average volume of 2.60M. On a monthly basis, the volatility of the stock is set at 3.62%, whereas on a weekly basis, it is put at 3.02%, with a gain of 0.24% over the past seven days. Furthermore, long-term investors anticipate a median target price of $97.30, showing growth from the present price of $96.35, which can serve as yet another indication of whether BILL is worth investing in or should be passed over.
How Do You Analyze BILL Holdings Inc Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.65%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 82.28% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BILL shares are owned by institutional investors to the tune of 82.28% at present.
