BTRS Holdings Inc. [BTRS] gain 18.67% so far this year. What now?
BTRS Holdings Inc. [NASDAQ: BTRS] The price rose by 60.83 percent to $3.51. Company report on September 28, 2022 Billtrust is acquired by EQT Private Equity.
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EQT Fund X (“EQT Private Equity”) has signed a definitive merger agreement to acquire BTRS Holdings Inc. (“Billtrust” or “the Company”) (NASDAQ: BTRS), a leader in B2B automation of accounts receivable and a leader in integrated payments.
With this transaction, it is expected that EQT X (target fund size of €20.0 billion and fixed cap of €21.5 billion) will be invested at 10-15 percent (including closed and/or signed investments, announced public offerings, if applicable, and less From which of them the expected borrowing) based on the size of the target fund.
74017882 shares were traded in the last session while the average daily trading volume was 788.90 thousand shares. Shares of BTRS Holdings Inc reached a high of $9.30 and slumped to a low of $9.19 to close at $9.28 in the last session.
1 year BTRS stock forecast is for a potential rise of 2.21. The average equity rating of the BTRS stock is currently 1.60, and it is trading near a bullish pattern in the stock market.
A teacher’s opinion of BTRS Holdings Inc. [BTRS]:
Based on careful and fact-backed analysis by Wall Street experts, the current consensus on a target price for BTRS shares is $9.49 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus for BTRS stock is a set recommendation at 1.60. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.
Keefe Bruyette made an appreciation for the shares of BTRS Holdings Inc. , retaining their opinion on the stock as Mkt Perform, with their previous recommendation back on January 7, 2022. The new note on price target was issued on November 08, 2021, which is the official target price for the stock of BTRS Holdings Inc. Previously, the target price had received another increase to $13, while BofA Securities analysts maintained a buy rating on BTRS stock.
The Average True Range (ATR) is set for BTRS Holdings Inc. at 0.56, with a price-to-sales ratio for BTRS stock in the last 12 months of 8.67. The price-to-book ratio for the last quarter was 5.56, with the price-to-cash-to-cash ratio for the same quarter set at 0.88.
BTRS stock performance analysis:
BTRS Holdings Inc. [BTRS] It made gains in the green at the end of last week, gained a positive trend and rose by 49.92. With this latest performance, BTRS shares are up 40.61% over the past four-week period, as well as up 25.07% over the past six months – not to mention a -9.46% drop in the past year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for BTRS stock for the last two weeks was set at 76.01, with the RSI for the last one traded at 81.59, and the three-week RSI for BTRS Holdings Inc. was set at 71.91. [BTRS]. The current moving average for the last 50 trading days of this stock is 6.63, while it recorded at 6.52 for the last trading week, and 6.32 for the last 200 days.
An insight into the basics of BTRS Holdings Inc.
Operating margin for any stock indicates how profitable the investment is, and BTRS Holdings Inc. [BTRS] The equity’s current operating margin is -28.74 and the gross margin is +53.49. Net margin was reported for BTRS Holdings Inc. Currently at -36.78.
The return on equity for this stock fell to -39.05, with the return on assets remaining at -19.80.
The liquidity data of BTRS Holdings Inc. Interesting too, with the quick ratio at 2.30 and the current ratio at 2.30.
BTRS Stock EPS
The company’s progress can be seen through the perspective of the EPS growth rate, while Wall Street analysts focus on forecasting the 5-year EPS growth rate for BTRS. When it comes to the stated value, analysts expect 5-year EPS growth to rise for BTRS Holdings Inc. to 16.80%.
BTRS Holdings Inc. [BTRS] Insider position details
There is currently about $1,225 million, or 82.70% of BTRS shares, in the hands of institutional investors. The three largest corporate owners of BTRS shares are: BAIN CAPITAL VENTURE INVESTORS, LLC with ownership of 2,8367.064, which is approximately 0% of the company’s market capitalization and approximately 0.90% of the total corporate ownership; RIVERWOOD CAPITAL MANAGEMENT LTD. , which owns 1,4,245,740 shares with an approximate value of $132.2 million in BTRS stock; and SENVEST MANAGEMENT, LLC, with $127.16 million in BTRS shares with ownership of approximately 5.992% of the company’s market capitalization.
Positions increased in the shares of BTRS Holdings Inc. held by institutional investors at the end of August and at the time of the August report, as 69 institutional owners consolidated their positions in BTRS Holdings Inc. [NASDAQ:BTRS] About 17441399 shares. In addition, the number of 65 investors decreased by 10,824.181 shares, while 16 investors occupied positions with 103.753366 shares. The said changes put institutional holdings at 132,018,946 shares, according to the latest report from the Securities and Exchange Commission. BTRS had 23 new institutional investments totaling 7,491,474 shares, while 26 institutional investors sold positions worth 4,076,048 shares during the same period.