Canaccord Genuity analyst David Hynes maintained a Hold rating on Bill.com Holdings (NYSE:BILL) on Thursday, setting a price target of $105, which is approximately 1.00% below the present share price of $106.06.
Hynes expects Bill.com Holdings to post earnings per share (EPS) of -$0.11 for the third quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Bill.com Holdings, with an average price target of $104.5.
The analysts price targets range from a high of $120 to a low of $90.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $36.09 million and a net profit of -$14.85 million. The company's market cap is $8.34 billion.
According to TipRanks.com, Canaccord Genuity analyst David Hynes is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 33.3% and a 78.23% success rate.
Bill.com Holdings, Inc. is a holding company, which engages in the provision of cloud-based software solutions. It simplifies, digitizes, and automates complex back-office financial operations for SMBs. The firm's software helps customers to generate and process invoices, streamline approvals, send and receive payments, sync with their accounting system, and manage their cash. The company was founded by Rene Lacertea in August 2, 2018 and is headquartered in Palo Alto, CA.