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Blackline Inc (BL)

NASDAQ
Currency in USD
64.68
+1.35(+2.13%)
Closed
After Hours
63.44-1.24(-1.92%)
BL Scorecard
Full Analysis
High shareholder yield
Fair Value
Day's Range
62.4964.95
52 wk Range
43.3769.31
Key Statistics
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Prev. Close
63.33
Open
63.69
Day's Range
62.49-64.95
52 wk Range
43.37-69.31
Volume
564.98K
Average Vol. (3m)
635.44K
1-Year Change
4.83%
Book Value / Share
5.92
Fair Value
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Fair Value Upside
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BL Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
63.70
Downside
-1.52%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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Blackline Inc Company Profile

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company’s also provides journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers blackline cash application, and credit and risk, collections, disputes and deductions, and team and task management, as well as AR intelligence solutions and electronic invoicing and compliance. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization’s intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.

Employees
1814

Blackline Inc SWOT Analysis


Growth Trajectory
Analysts project 10-12% annual revenue growth through 2026, with price targets ranging from $54 to $86, reflecting varied outlooks on BlackLine's potential
Market Dynamics
Delve into BlackLine's competitive landscape, including challenges from rivals like OneStream and the crucial SAP partnership
Strategic Evolution
Explore BlackLine's transition to a platform-based model with Studio360, aiming to enhance customer value and open new revenue streams
Financial Resilience
BlackLine demonstrates strong financial performance with 10% revenue growth and 11% subscription revenue increase, surpassing market expectations
Read full SWOT analysis

Blackline Inc Earnings Call Summary for Q4/2024

  • Q3 revenue up 10% YoY to $166M; subscription revenue +11%, services +3%. Non-GAAP net income +17% to $44M
  • Strategic shift to larger deals and enterprise focus. 97% enterprise renewal rate, 92% overall. New reconciliation solution launched
  • Cloud migration to Google Cloud 80% complete. Major contract secured with North American pharmaceutical company
  • Full-year 2024 revenue guidance raised to $651M-$653M. Non-GAAP operating margin projected at 19.4%-19.6%
  • CFO Mark Partin announces retirement. Company targets 13%-16% future revenue growth, up from current 11%
Last Updated: 11/08/2024, 01:57 PM
Read Full Transcript

Compare BL to Peers and Sector

Metrics to compare
BL
Peers
Sector
Relationship
P/E Ratio
31.9x14.5x11.2x
PEG Ratio
0.680.010.01
Price / Book
11.0x4.4x2.4x
Price / LTM Sales
6.3x5.8x2.2x
Upside (Analyst Target)
−5.3%6.5%19.8%
Fair Value Upside
Unlock7.0%3.7%Unlock

Analysts' Recommendations

3 Buy
7 Hold
3 Sell
Ratings:
10 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 63.70

(-1.52% Downside)

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FAQ

What Is the Blackline (BL) Stock Price Today?

The Blackline stock price today is 64.68

What Stock Exchange Does Blackline Trade On?

Blackline is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Blackline?

The stock symbol for Blackline is "BL."

What Is the Blackline Market Cap?

As of today, Blackline market cap is 4.04B.

What is Blackline Earnings Per Share?

The Blackline EPS is 2.05.

What Is the Next Blackline Earnings Date?

Blackline will release its next earnings report on Feb 13, 2025.

From a Technical Analysis Perspective, Is BL a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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