With 3.37 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.26 million shares. The 52-week range on BILL shows that it touched its highest point at $100.19 and its lowest point at $43.11 during that stretch. It currently has a 1-year price target of $86.61. Beta for the stock currently stands at 1.98.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BILL was down-trending over the past week, with a drop of -10.97%, but this was down by -42.31% over a month. Three-month performance dropped to -38.13% while six-month performance rose 3.48%. The stock lost -13.17% in the past year, while it has lost -37.13% so far this year. A look at the trailing 12-month EPS for BILL yields 0.09 with Next year EPS estimates of 2.17. For the next quarter, that number is 0.37. This implies an EPS growth rate of -7.78% for this year and 10.77% for next year. EPS is expected to grow by 10.22% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -21.88%.
Float and Shares Shorts:
At present, 101.94 million BILL shares are outstanding with a float of 97.85 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BILL since 11 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.26181 being high and $2.02748 being low. For BILL, this leads to a yearly average estimate of $2.07842. Based on analyst estimates, the high estimate for the next quarter is $0.44 and the low estimate is $0.35. The average estimate for the next quarter is thus $0.39.
