News stories about Bottomline Technologies (NASDAQ:EPAY) have trended somewhat positive on Monday, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Bottomline Technologies earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.064807040251 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several research firms have weighed in on EPAY. Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 price target on shares of Bottomline Technologies in a research report on Friday, November 3rd. Zacks Investment Research upgraded Bottomline Technologies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $34.00.
Shares of Bottomline Technologies (NASDAQ EPAY) opened at $36.75 on Monday. Bottomline Technologies has a 52-week low of $21.52 and a 52-week high of $37.30. The company has a market capitalization of $1,487.77, a PE ratio of -52.50, a P/E/G ratio of 6.38 and a beta of 1.17.
Bottomline Technologies (NASDAQ:EPAY) last announced its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.05. The business had revenue of $91.30 million for the quarter, compared to analyst estimates of $89.70 million. Bottomline Technologies had a positive return on equity of 5.84% and a negative net margin of 7.51%. The company’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.22 earnings per share. equities analysts forecast that Bottomline Technologies will post 0.48 earnings per share for the current year.
In related news, Director Ken D’amato sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $34.51, for a total transaction of $69,020.00. Following the completion of the sale, the director now directly owns 18,000 shares of the company’s stock, valued at $621,180. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert A. Eberle sold 30,907 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $33.45, for a total value of $1,033,839.15. Following the completion of the sale, the insider now directly owns 379,100 shares of the company’s stock, valued at $12,680,895. The disclosure for this sale can be found here. Insiders sold 86,443 shares of company stock worth $2,901,812 in the last 90 days. Corporate insiders own 2.40% of the company’s stock.
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About Bottomline Technologies
Bottomline Technologies (de), Inc is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer’s location.
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