Equities research analysts expect that Bottomline Technologies (NASDAQ:EPAY) will announce earnings of $0.26 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Bottomline Technologies’ earnings. The highest EPS estimate is $0.31 and the lowest is $0.23. Bottomline Technologies reported earnings per share of $0.34 in the same quarter last year, which suggests a negative year-over-year growth rate of 23.5%. The firm is scheduled to issue its next quarterly earnings report on Thursday, August 13th.

On average, analysts expect that Bottomline Technologies will report full year earnings of $1.16 per share for the current year, with EPS estimates ranging from $1.14 to $1.20. For the next year, analysts expect that the business will report earnings of $1.31 per share, with EPS estimates ranging from $1.27 to $1.34. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Bottomline Technologies.

Bottomline Technologies (NASDAQ:EPAY) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.06). Bottomline Technologies had a positive return on equity of 4.17% and a negative net margin of 0.61%. The business had revenue of $111.70 million for the quarter, compared to the consensus estimate of $113.06 million. During the same quarter in the previous year, the business posted $0.33 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis.

A number of equities research analysts have recently issued reports on the company. DA Davidson cut Bottomline Technologies from a “buy” rating to a “neutral” rating and set a $40.00 price objective for the company. in a report on Monday, May 4th. Barrington Research reiterated a “buy” rating and issued a $57.50 price target on shares of Bottomline Technologies in a research report on Monday, May 4th. Zacks Investment Research downgraded shares of Bottomline Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, June 10th. Citigroup lifted their price target on shares of Bottomline Technologies from $46.00 to $49.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Finally, BidaskClub upgraded shares of Bottomline Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $48.21.

In other Bottomline Technologies news, Director Nigel K. Savory sold 1,401 shares of the company’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $38.34, for a total transaction of $53,714.34. Following the sale, the director now owns 150,914 shares of the company’s stock, valued at $5,786,042.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Francis Kelly sold 508 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $50.38, for a total transaction of $25,593.04. Following the sale, the insider now directly owns 49,332 shares in the company, valued at approximately $2,485,346.16. The disclosure for this sale can be found here. In the last three months, insiders sold 49,527 shares of company stock worth $2,415,850. 2.60% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Capital World Investors boosted its position in Bottomline Technologies by 12.4% during the first quarter. Capital World Investors now owns 4,212,757 shares of the technology company’s stock valued at $154,398,000 after acquiring an additional 464,539 shares during the last quarter. Conestoga Capital Advisors LLC raised its holdings in shares of Bottomline Technologies by 2.6% in the 1st quarter. Conestoga Capital Advisors LLC now owns 1,999,564 shares of the technology company’s stock worth $73,284,000 after acquiring an additional 50,667 shares during the last quarter. State Street Corp raised its holdings in shares of Bottomline Technologies by 5.9% in the 1st quarter. State Street Corp now owns 1,322,259 shares of the technology company’s stock worth $48,461,000 after acquiring an additional 73,231 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Bottomline Technologies by 2.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 970,309 shares of the technology company’s stock worth $52,009,000 after acquiring an additional 27,126 shares during the last quarter. Finally, TimesSquare Capital Management LLC raised its holdings in shares of Bottomline Technologies by 11.5% in the 1st quarter. TimesSquare Capital Management LLC now owns 853,915 shares of the technology company’s stock worth $31,296,000 after acquiring an additional 88,260 shares during the last quarter. 90.95% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:EPAY traded down $0.58 during trading on Monday, reaching $49.50. 132,938 shares of the stock were exchanged, compared to its average volume of 309,585. Bottomline Technologies has a 12 month low of $27.82 and a 12 month high of $57.22. The firm has a market cap of $2.20 billion, a PE ratio of -844.69, a PEG ratio of 4.50 and a beta of 1.30. The stock has a 50-day moving average price of $49.47 and a 200-day moving average price of $46.20. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.47.

Bottomline Technologies Company Profile

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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