Analysts expect that Bottomline Technologies, Inc. (NASDAQ:EPAY) will report earnings per share (EPS) of $0.25 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Bottomline Technologies’ earnings. Bottomline Technologies posted earnings of $0.23 per share in the same quarter last year, which would suggest a positive year over year growth rate of 8.7%. The firm is expected to issue its next quarterly earnings results on Thursday, April 26th.
According to Zacks, analysts expect that Bottomline Technologies will report full-year earnings of $1.15 per share for the current fiscal year, with EPS estimates ranging from $1.15 to $1.16. For the next financial year, analysts expect that the company will post earnings of $1.35 per share, with EPS estimates ranging from $1.30 to $1.38. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Bottomline Technologies.
Bottomline Technologies (NASDAQ:EPAY) last posted its quarterly earnings data on Thursday, February 1st. The technology company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.05. The company had revenue of $95.20 million for the quarter, compared to analyst estimates of $92.51 million. Bottomline Technologies had a positive return on equity of 7.20% and a negative net margin of 3.67%. The business’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.26 earnings per share.
Bottomline Technologies stock remained flat at $$40.26 on Thursday. The company’s stock had a trading volume of 163,694 shares, compared to its average volume of 326,400. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $1,650.41, a price-to-earnings ratio of 115.03 and a beta of 0.98. Bottomline Technologies has a one year low of $21.52 and a one year high of $40.97.
In other news, insider Nigel K. Savory sold 11,125 shares of the business’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $39.14, for a total transaction of $435,432.50. Following the completion of the sale, the insider now owns 127,441 shares in the company, valued at $4,988,040.74. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Richard Douglas Booth sold 5,660 shares of the business’s stock in a transaction on Monday, March 5th. The stock was sold at an average price of $38.67, for a total value of $218,872.20. Following the sale, the chief financial officer now owns 97,243 shares of the company’s stock, valued at approximately $3,760,386.81. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 27,863 shares of company stock valued at $1,066,720. 2.40% of the stock is currently owned by corporate insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Xact Kapitalforvaltning AB bought a new stake in Bottomline Technologies in the fourth quarter valued at about $205,000. We Are One Seven LLC bought a new stake in Bottomline Technologies in the fourth quarter valued at about $377,000. MetLife Investment Advisors LLC bought a new stake in Bottomline Technologies in the fourth quarter valued at about $665,000. Gotham Asset Management LLC bought a new stake in Bottomline Technologies in the fourth quarter valued at about $660,000. Finally, Millennium Management LLC increased its holdings in Bottomline Technologies by 169.0% in the fourth quarter. Millennium Management LLC now owns 894,947 shares of the technology company’s stock valued at $31,037,000 after purchasing an additional 562,273 shares during the last quarter. Institutional investors and hedge funds own 92.98% of the company’s stock.
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Bottomline Technologies Company Profile
Bottomline Technologies (de), Inc provides software as a service based solutions. It operates through four segments: Cloud Solutions, Digital Banking, Payments and Transactional Documents, and Other. The company's products and services include Paymode-X, a cloud-based payment network that offers electronic payments and remittance delivery, online access to payment detail and reports, online payment approvals, electronic invoice delivery, and turnkey vendor enrollment and support; and digital banking solutions that provide payments, cash management, and online banking solutions to financial institutions.
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