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Blackline Inc (BL)
NASDAQ:BL
Holding BL?
Track your performance easily
BL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.37 - $69.31
Previous Close$62.7
Volume576.98K
Average Volume (3M)666.44K
Market Cap
$3.92B
Enterprise Value$4.02B
Total Cash (Recent Filing)$846.28M
Total Debt (Recent Filing)$917.62M
Price to Earnings (P/E)36.0
Beta1.45
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. Volume846,972
30 Day Avg. Volume666,440
Standard Deviation0.11
R-Squared0.19
Alpha-0.00242
Financial Highlights & Ratios
Price to Book (P/B)9.94
Price to Sales (P/S)5.64
Price to Cash Flow (P/CF)16.10
P/FCF Ratio18.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.28
Enterprise Value/Gross Profit9.07
Enterprise Value/Ebitda18.46
Forecast
1Y Price Target
$64.13Price Target Upside2.28% Upside
Rating ConsensusHold
Number of Analyst Covering10
BlackLine News
Bulls Say, Bears Say
Bulls Say
Financial Strategy And Market PositionThe stock is trading at an attractive 16X EV/CY26 FCF, suggesting investors should take advantage of the recent weakness to own a category leader with best-in-class unit economics at a key inflection point and at a discount to peers.
Partnership And Market OpportunityThe partnership with SAP is considered a success story, providing a durable long-term growth driver for BlackLine.
Platform Development And 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 AdoptionSome customers are facing obstacles to further adoption of BlackLine solutions due to tight budgets and a lack of executive approval.
Financial PerformanceBillings of $154.9M (+4.3% yr-yr) was below consensus $162.3M (+9.3% yr-yr).
Growth OutlookThe new pricing model could take time for customers to get used to it, which could be a near-term growth headwind.
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Ownership Overview
9.38% Insiders
27.99% Mutual Funds
33.20% Other Institutional Investors
4.59% 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 81 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:
$64.13 (2.28% Upside)
$64.13 (2.28% Upside)
Blogger Sentiment
Bullish
BL Sentiment 75%
Sector Average 67%
Sector Average 67%
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 ▲ 5.3%
Last 30 Days ▲ 39.5%
Last 30 Days ▲ 39.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.05%
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
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BL Revenue Breakdown
94.16% Subscription and support
5.84% Professional services
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BL Stock 12 Month Forecast
Average Price Target
$64.13
▲(2.28% Upside)
Technical Analysis
Best Analysts Covering BL
1 Year
1 Year Success Rate
13/18 ratings generated profit
1 Year Average Return
+34.44%
reiterated a sell rating 5 days ago
Copying Koji Ikeda's trades and holding each position for 1 Year would result in 72.22% of your transactions generating a profit, with an average return of +34.44% per trade.
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