Bill.com (NYSE:BILL) Now Covered by William Blair

William Blair began coverage on shares of Bill.com (NYSE:BILL) in a research report report published on Monday, January 6th, BenzingaRatingsTable reports. The brokerage issued an outperform rating on the stock. William Blair also issued estimates for Bill.com’s Q2 2020 earnings at ($0.10) EPS, Q3 2020 earnings at ($0.12) EPS, Q4 2020 earnings at ($0.11) EPS, FY2020 earnings at ($0.38) EPS, Q1 2021 earnings at ($0.10) EPS, Q2 2021 earnings at ($0.09) EPS, Q3 2021 earnings at ($0.10) EPS, Q4 2021 earnings at ($0.07) EPS, FY2021 earnings at ($0.35) EPS and FY2022 earnings at ($0.22) EPS.

Shares of BILL traded up $0.20 during mid-day trading on Monday, hitting $40.31. The company’s stock had a trading volume of 17,428 shares, compared to its average volume of 450,392. Bill.com has a fifty-two week low of $34.60 and a fifty-two week high of $42.50.

A hedge fund recently bought a new stake in Bill.com stock. FNY Investment Advisers LLC bought a new stake in shares of Bill.com Holdings, Inc. (NYSE:BILL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,650 shares of the company’s stock, valued at approximately $62,000.

Bill.com Company Profile

Bill.com Holdings, Inc provides cloud-based software that digitizes and automates back-office financial operations for small and midsize businesses worldwide. It offers artificial-intelligence (AI)-enabled financial software platform. The company provides software-as-a-service, cloud-based payments products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, manage cash flows, and enhance office efficiency.

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Analyst Recommendations for Bill.com (NYSE:BILL)

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