Bill.com (NYSE:BILL) Target Raised by Goldman Sachs Group Inc to $90.00

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Bill.com stock has undergone multiple analysts rating changes in the recent past.  Bill.com stock Target Raised by   Goldman Sachs Group Inc on 6/29/2020. In a note to investors, the firm issued a new target price of $90.00. The analysts previously had $60.00 target price. Goldman Sachs Group Inc’s price target would indicate a potential upside of 0.56% from the stock’s previous close.

Shares of Bill.com traded down -$0.39 on Monday, reaching $89.35. 2000547 shares of the stock traded hands, compared to its average volume of 2299842. Shares of were trading at $89.35 on Monday. The firm’s 50 day moving average is $70.14 and its 200 day moving average is N/A.Bill.com  has a 12 month low of $85.50 and a 12 month high of $97.84. While on yearly highs and lows, Bill.com today has traded high as $91.37 and has touched $85.50 on the downward trend.

Bill.com Earnings and What to expect: 

Bill.com last posted its quarterly earnings data on May 7th, 2020. The reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.06. The firm had revenue of $41.23 million for the quarter, compared to analyst estimates of $37.02 million. Its revenue was up 46.0% on a year-over-year basis. Bill.com has generated $0.00 earnings per share over the last year. Bill.com has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, August 6th, 2020 based off prior year’s report dates.

Latest Insiders Trading and Volume : 

  • There is no enough data Insider Ownership Percentage
  • On 6/23/2020 SVP Bora Chung Sell 3,000 at average share price of $88.00 which equates to $264,000.00 in money value.
  • On 6/23/2020 General Counsel Rajesh A Aji Sell 14,000 at average price of  $85.16 with total value of : $1,192,240.00
  • On 6/23/2020 CEO Rene A Lacerte Sell 30,000 at average price of  $85.24 with total value of : $2,557,200.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Bill.com

  • 5/28/2020 – Bill.com was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. ()
  • 5/28/2020 – Bill.com was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $85.00 price target on the stock. ()
  • 5/27/2020 – Bill.com was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $72.00 price target on the stock. ()
  • 5/20/2020 – Bill.com had its “buy” rating re-affirmed by analysts at Needham & Company LLC. They now have a $90.00 price target on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Goldman Sachs Group Inc: 

  • 6/29/2020 – Bill.com is now covered by analysts at Goldman Sachs Group Inc. They set a “buy” rating and a $34.00 price target on the stock. ()
  • 6/29/2020 – Zuora had its price target raised by analysts at Goldman Sachs Group Inc from $10.00 to $11.00. ()
  • 6/29/2020 – Zendesk had its price target raised by analysts at Goldman Sachs Group Inc from $96.00 to $113.00. ()
  • 6/29/2020 – Workiva had its price target raised by analysts at Goldman Sachs Group Inc from $41.00 to $52.00. ()
  • See More Analyst Rating at: RATING

Bill.com (NYSE:BILL) Moving Average Technical Analysis

5 day Moving Average is $85.03 And 5 day price change is 4.19 (0.0496)  with average volume for 5 day average is 1,505,331. While technical analysis for average 20 days shows significant difference, 20 day moving average is  77.59 and 20 day price change is 16.15 (0.2227) and average 20 day moving volume is 2,142,983. 50 day moving average is 70.14  and 50 day price change is 46.65 ( 1.1099)  and with average volume for 50 days is : 1,731,923. 200 day moving average is N/A  and 200 day price change is N/A (N/A)  and with average volume for 200 days is : N/A.

See More Analyst Rating at: RATING