$0.32 EPS Expected for Bottomline Technologies (NASDAQ:EPAY) This Quarter

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Equities research analysts expect Bottomline Technologies (NASDAQ:EPAY) to post $0.32 earnings per share for the current quarter, according to Zacks. Three analysts have made estimates for Bottomline Technologies’ earnings, with the highest EPS estimate coming in at $0.33 and the lowest estimate coming in at $0.31. Bottomline Technologies posted earnings of $0.35 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 8.6%. The business is scheduled to report its next earnings report on Thursday, January 30th.

On average, analysts expect that Bottomline Technologies will report full-year earnings of $1.39 per share for the current fiscal year, with EPS estimates ranging from $1.35 to $1.41. For the next year, analysts expect that the company will post earnings of $1.57 per share, with EPS estimates ranging from $1.55 to $1.58. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Bottomline Technologies.

Bottomline Technologies (NASDAQ:EPAY) last issued its quarterly earnings results on Friday, November 8th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.02. Bottomline Technologies had a net margin of 2.10% and a return on equity of 5.75%. The company had revenue of $108.20 million during the quarter, compared to the consensus estimate of $105.98 million. During the same quarter in the previous year, the firm earned $0.33 earnings per share. The firm’s quarterly revenue was up 5.7% on a year-over-year basis.

A number of analysts have weighed in on the stock. Needham & Company LLC reissued a “buy” rating and set a $55.00 price objective on shares of Bottomline Technologies in a report on Friday, November 8th. ValuEngine cut shares of Bottomline Technologies from a “strong-buy” rating to a “buy” rating in a report on Monday, December 16th. BidaskClub cut shares of Bottomline Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 18th. William Blair cut shares of Bottomline Technologies from a “market perform” rating to an “underperform” rating in a report on Friday, November 8th. Finally, Zacks Investment Research raised shares of Bottomline Technologies from a “sell” rating to a “buy” rating and set a $52.00 price objective on the stock in a report on Thursday, November 14th. One analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. Bottomline Technologies has a consensus rating of “Buy” and an average target price of $53.25.

Shares of Bottomline Technologies stock opened at $54.88 on Tuesday. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.35. Bottomline Technologies has a 52-week low of $37.04 and a 52-week high of $55.71. The company has a 50 day moving average of $52.77 and a 200 day moving average of $45.06. The company has a market capitalization of $2.40 billion, a P/E ratio of 249.47 and a beta of 1.10.

In other news, Director Ken D’amato sold 5,000 shares of Bottomline Technologies stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $50.10, for a total value of $250,500.00. Following the transaction, the director now directly owns 15,000 shares of the company’s stock, valued at approximately $751,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Francis Kelly sold 2,538 shares of Bottomline Technologies stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $46.94, for a total transaction of $119,133.72. In the last three months, insiders have sold 14,536 shares of company stock worth $711,310. 2.60% of the stock is owned by corporate insiders.

Institutional investors have recently made changes to their positions in the company. Private Capital Group LLC increased its holdings in shares of Bottomline Technologies by 42.8% in the 2nd quarter. Private Capital Group LLC now owns 791 shares of the technology company’s stock valued at $39,000 after acquiring an additional 237 shares during the period. Marshall Wace LLP acquired a new position in shares of Bottomline Technologies in the 1st quarter valued at $45,000. AdvisorNet Financial Inc increased its holdings in shares of Bottomline Technologies by 65.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,650 shares of the technology company’s stock valued at $65,000 after acquiring an additional 650 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of Bottomline Technologies by 648.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,574 shares of the technology company’s stock valued at $114,000 after acquiring an additional 2,230 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Bottomline Technologies by 40.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,248 shares of the technology company’s stock valued at $174,000 after acquiring an additional 940 shares during the period. 87.89% of the stock is currently owned by institutional investors and hedge funds.

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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