Bill.com Holdings (NYSE:KC) Given Average Recommendation of “Strong Buy” by Analysts
Bill.com Holdings (NYSE:KC) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Brokers have set a one year consensus price objective of $27.00 for the company and are forecasting that the company will post ($0.17) earnings per share for the current quarter, according to Zacks. Zacks has also given Bill.com an industry rank of 39 out of 254 based on the ratings given to its competitors.
Separately, JPMorgan Chase & Co. started coverage on shares of Bill.com in a report on Monday, June 8th. They issued an “overweight” rating and a $27.00 price objective for the company.
Bill.com (NYSE:KC) last posted its earnings results on Wednesday, June 3rd. The company reported ($4.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.26) by ($3.80). The company had revenue of $196.44 million for the quarter.
Kingsoft Cloud Holdings Limited researches, develops, and provides cloud technology and services. The company develops a service system which is based on its cloud storage platform. It offers file sharing and storage service under brand name Kuaipan to enterprises and individual users. The company was founded in 2012 and is based in Cayman Islands.
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