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Blackline Inc (BL)
NASDAQ:BL
Holding BL?
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BL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.37 - $69.31
Previous Close$62.38
Volume123.67K
Average Volume (3M)628.27K
Market Cap
$3.90B
Enterprise Value$4.00B
Total Cash (Recent Filing)$846.28M
Total Debt (Recent Filing)$917.62M
Price to Earnings (P/E)35.8
Beta1.51
Next Earnings
Feb 13, 2025EPS Estimate
$0.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.74
Shares Outstanding62,485,521
10 Day Avg. Volume605,674
30 Day Avg. Volume628,266
Standard Deviation0.11
R-Squared0.20
Alpha-0.00333
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)10.59
Price to Sales (P/S)6.07
Price to Cash Flow (P/CF)17.40
P/FCF Ratio19.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.25
Enterprise Value/Gross Profit9.02
Enterprise Value/Ebitda18.37
Forecast
1Y Price Target
$66.33Price Target Upside6.33% Upside
Rating ConsensusHold
Number of Analyst Covering11
BlackLine News
PremiumCompany Announcements
BlackLine’s Financial Challenges: Risks and Uncertainties Facing Investors
Bulls Say, Bears Say
Bulls Say
Market OpportunityBlackLine addresses a large market opportunity estimated at $45 billion.
Partnership SuccessThe partnership with SAP is considered a success story, providing a durable long-term growth driver for BlackLine.
Platform InnovationThe new Studio360 platform is expected to transition BlackLine from user-based pricing to a platform fee plus consumption structure, potentially increasing revenue.
Bears Say
Customer GrowthCustomers decreased by two sequentially, with only a 1% increase year-over-year.
Customer RetentionA consulting firm commented that there are many customers moving off of BlackLine to account reconciliation.
Financial PerformanceBillings of $154.9 million were below the consensus expectation of $162.3 million.
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Ownership Overview
9.36% Insiders
27.84% Mutual Funds
33.21% Other Institutional Investors
4.57% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BL FAQ
What was Blackline Inc’s price range in the past 12 months?
Blackline Inc lowest stock price was $43.37 and its highest was $69.31 in the past 12 months.
What is Blackline Inc’s market cap?
Currently, no data Available
When is Blackline Inc’s upcoming earnings report date?
Blackline Inc’s upcoming earnings report date is Feb 13, 2025 which is in 49 days.
How were Blackline Inc’s earnings last quarter?
Blackline Inc released its earnings results on Nov 07, 2024. The company reported $0.6 earnings per share for the quarter, beating the consensus estimate of $0.516 by $0.084.
Is Blackline Inc overvalued?
According to Wall Street analysts Blackline Inc’s price is currently Undervalued.
Does Blackline Inc pay dividends?
Blackline Inc does not currently pay dividends.
What is Blackline Inc’s EPS estimate?
Blackline Inc’s EPS estimate is $0.5.
How many shares outstanding does Blackline Inc have?
Blackline Inc has 62,485,520 shares outstanding.
What happened to Blackline Inc’s price movement after its last earnings report?
Blackline Inc reported an EPS of $0.6 in its last earnings report, beating expectations of $0.516. Following the earnings report the stock price went up 1.548%.
Which hedge fund is a major shareholder of Blackline Inc?
Among the largest hedge funds holding Blackline Inc’s share is Engaged Capital LLC. It holds Blackline Inc’s shares valued at 34M.
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BlackLine Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Hold
Average Price Target:
$66.33 (6.33% Upside)
$66.33 (6.33% Upside)
Blogger Sentiment
Bullish
BL Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 583.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $199.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 12.0%
Last 30 Days ▲ 12.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.39%
12-Months-Change
Fundamentals
Return on Equity
43.46%
Trailing 12-Months
Asset Growth
-15.92%
Trailing 12-Months
Company Description
Blackline Inc
BlackLine, Inc. operates a cloud-based software platform which is designed to transform accounting and finance operations for organizations of all types and sizes. Its scalable platform supports critical accounting processes such as the financial close, account reconciliations, intercompany accounting, and controls assurance. The company was founded by Therese Tucker in May 2001 and is headquartered in Woodland Hills, CA.
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BL Company Deck
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BL Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a strong performance in strategic areas such as free cash flow generation, enterprise renewal rates, and strategic product sales. However, challenges in the mid-market segment and a measured demand environment indicate some ongoing pressures. The overall sentiment is cautiously optimistic with clear strengths in key areas but some areas of concern.Read More>---
BL Revenue Breakdown
94.16% Subscription and support
5.84% Professional services
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BL Stock 12 Month Forecast
Average Price Target
$66.33
▲(6.33% Upside)
Technical Analysis
Best Analysts Covering BL
1 Year
1 Year Success Rate
12/18 ratings generated profit
1 Year Average Return
+32.91%
reiterated a sell rating last month
Copying Koji Ikeda's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +32.91% per trade.
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