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BlackLine (BL)
:BL
Holding BL?
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BL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$43.37 - $69.31
Previous CloseN/A
Volume93.54K
Average Volume (3M)541.59K
Market Cap
$3.75B
Enterprise Value$4.18B
Total Cash (Recent Filing)$105.25M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)34.4
Beta1.55
Next Earnings
Feb 13, 2025EPS Estimate
0.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.74
Shares Outstanding62,485,520
10 Day Avg. Volume564,728
30 Day Avg. Volume541,592
Standard Deviation0.10
R-Squared0.20
Alpha-0.00223
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.73
Price to Cash Flow (P/CF)16.40
P/FCF Ratio18.60
Enterprise Value/Market Cap1.11
Enterprise Value/Revenue6.53
Enterprise Value/Gross Profit9.43
Enterprise Value/Ebitda19.20
Forecast
1Y Price Target
$66.33Price Target Upside10.53% Upside
Rating ConsensusHold
Number of Analyst Covering11
BlackLine News
PremiumCompany Announcements
BlackLine Announces Leadership Change and Positive Revenue Outlook
Bulls Say, Bears Say
Bulls Say
Market OpportunityBlackLine addresses a large market opportunity estimated at $45 billion.
Revenue GrowthThe preliminary flash result for 4Q revenues is expected to meet or slightly exceed prior guidance, suggesting consistent growth.
Strategic PartnershipsThe partnership with SAP is considered a success story, providing a durable long-term growth driver for BlackLine.
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 PerformanceThe margin update was less than expected, which contrasts with the past year's trends of margin outperformance.
Revenue GrowthBillings of $154.9M (+4.3% yr-yr) was below consensus $162.3M (+9.3% yr-yr).
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Ownership Overview
9.36% Insiders
28.42% Mutual Funds
0.49% Other Institutional Investors
36.65% 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’s price range in the past 12 months?
BlackLine lowest stock price was $43.37 and its highest was $69.31 in the past 12 months.
What is BlackLine’s market cap?
BlackLine’s market cap is $3.75B.
When is BlackLine’s upcoming earnings report date?
BlackLine’s upcoming earnings report date is Feb 13, 2025 which is in 26 days.
How were BlackLine’s earnings last quarter?
BlackLine 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 overvalued?
According to Wall Street analysts BlackLine’s price is currently Undervalued.
Does BlackLine pay dividends?
BlackLine does not currently pay dividends.
What is BlackLine’s EPS estimate?
BlackLine’s EPS estimate is 0.5.
How many shares outstanding does BlackLine have?
BlackLine has 62,485,520 shares outstanding.
What happened to BlackLine’s price movement after its last earnings report?
BlackLine 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?
Among the largest hedge funds holding BlackLine’s share is Engaged Capital LLC. It holds BlackLine’s shares valued at 34M.
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BlackLine Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$66.33 (10.53% Upside)
$66.33 (10.53% Upside)
Blogger Sentiment
Bullish
BL Sentiment 70%
Sector Average 68%
Sector Average 68%
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
Neutral
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.14%
12-Months-Change
Fundamentals
Return on Equity
43.46%
Trailing 12-Months
Asset Growth
-15.92%
Trailing 12-Months
Company Description
BlackLine
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
71.56% U.S.
28.44% International
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BL Stock 12 Month Forecast
Average Price Target
$66.33
▲(10.53% Upside)
Technical Analysis
Best Analysts Covering BL
1 Year
1 Year Success Rate
15/18 ratings generated profit
1 Year Average Return
+35.27%
reiterated a sell rating 2 months ago
Copying Koji Ikeda's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +35.27% per trade.
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