Wall Street brokerages expect Bottomline Technologies (NASDAQ:EPAY) to post earnings per share (EPS) of $0.27 for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Bottomline Technologies’ earnings. The lowest EPS estimate is $0.25 and the highest is $0.29. Bottomline Technologies posted earnings per share of $0.33 in the same quarter last year, which indicates a negative year over year growth rate of 18.2%. The business is expected to report its next earnings results on Thursday, November 14th.

According to Zacks, analysts expect that Bottomline Technologies will report full-year earnings of $1.39 per share for the current year, with EPS estimates ranging from $1.35 to $1.43. For the next financial year, analysts expect that the company will report earnings of $1.53 per share, with EPS estimates ranging from $1.48 to $1.57. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Bottomline Technologies.

Bottomline Technologies (NASDAQ:EPAY) last posted its earnings results on Thursday, August 8th. The technology company reported $0.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.19. The company had revenue of $108.24 million during the quarter, compared to analysts’ expectations of $106.17 million. Bottomline Technologies had a net margin of 2.24% and a return on equity of 6.07%. Bottomline Technologies’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the company posted $0.35 earnings per share.

EPAY has been the subject of a number of research analyst reports. Raymond James raised their price objective on Bottomline Technologies from $55.00 to $57.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. ValuEngine upgraded Bottomline Technologies from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Zacks Investment Research raised Bottomline Technologies from a “sell” rating to a “hold” rating in a research note on Monday, August 5th. DA Davidson set a $39.00 price target on Bottomline Technologies and gave the company a “hold” rating in a report on Friday, August 9th. Finally, Craig Hallum raised Bottomline Technologies from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company’s stock. Bottomline Technologies has a consensus rating of “Buy” and an average target price of $60.79.

In other news, Director Nigel K. Savory sold 12,252 shares of Bottomline Technologies stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $43.13, for a total value of $528,428.76. Following the completion of the transaction, the director now owns 177,375 shares in the company, valued at approximately $7,650,183.75. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Robert A. Eberle sold 13,945 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $40.99, for a total value of $571,605.55. Following the transaction, the chief executive officer now directly owns 497,681 shares in the company, valued at approximately $20,399,944.19. The disclosure for this sale can be found here. Insiders sold a total of 36,122 shares of company stock valued at $1,528,993 over the last three months. Corporate insiders own 2.40% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in EPAY. Dimensional Fund Advisors LP boosted its holdings in shares of Bottomline Technologies by 9.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 591,271 shares of the technology company’s stock worth $28,381,000 after purchasing an additional 53,076 shares during the last quarter. Geode Capital Management LLC boosted its stake in Bottomline Technologies by 12.1% in the 4th quarter. Geode Capital Management LLC now owns 434,938 shares of the technology company’s stock valued at $20,876,000 after buying an additional 46,976 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in Bottomline Technologies by 627.5% in the 1st quarter. BNP Paribas Arbitrage SA now owns 9,814 shares of the technology company’s stock valued at $492,000 after buying an additional 8,465 shares in the last quarter. Arizona State Retirement System grew its position in Bottomline Technologies by 2.5% in the first quarter. Arizona State Retirement System now owns 57,793 shares of the technology company’s stock valued at $2,895,000 after acquiring an additional 1,428 shares during the period. Finally, Janus Henderson Group PLC grew its position in Bottomline Technologies by 0.7% in the first quarter. Janus Henderson Group PLC now owns 839,382 shares of the technology company’s stock valued at $42,045,000 after acquiring an additional 5,746 shares during the period. Institutional investors own 89.57% of the company’s stock.

Shares of EPAY traded up $1.08 during midday trading on Friday, hitting $42.10. 295,073 shares of the company traded hands, compared to its average volume of 290,644. The firm has a 50 day moving average of $42.19 and a 200-day moving average of $45.45. Bottomline Technologies has a 52 week low of $39.49 and a 52 week high of $74.05. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of 43.40 and a beta of 0.98. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.70 and a current ratio of 1.70.

About Bottomline Technologies

Bottomline Technologies (de), Inc provides software as a service based solutions. It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Transactional Documents, and Other. The company's products and services include Paymode-X, a cloud-based payment network, which allows businesses to transition to electronic integrated payables; and cloud-based financial messaging solutions that enable banks and corporations to exchange financial information, such as payment instructions, cash reporting, and other messages to facilitate transaction settlement.

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