Over the past quarter, analysts have expressed varying opinions on BILL Holdings (BILL), ranging from bullish to bearish. This diversity in sentiment is reflected in their recent ratings and price targets.
The average 12-month price target for BILL is $81.90, with a high estimate of $100.00 and a low estimate of $60.00. This represents a 3.0% decline from the prior average price target.
Analyst actions provide further insights into their perceptions of BILL. Several analysts have recently adjusted their ratings and price targets, reflecting their changing views on the company’s prospects.
BILL Holdings operates as a provider of software-as-a-service platforms for cloud-based payments and spend management. These platforms offer automated accounts payable and receivable transactions, expense reporting, cash flow management, and improved back office efficiency.
In terms of key financial metrics, BILL Holdings has shown positive revenue growth of 22.5% as of December 31, 2023. However, its net margin, return on equity (ROE), and return on assets (ROA) are below industry averages, indicating challenges in profitability and asset utilization.
Overall, analyst ratings and financial metrics provide a mixed view of BILL Holdings’ prospects. Investors should carefully consider this information along with other factors when making investment decisions.
