Stephens analyst Ryan MacWilliams maintained a Buy rating on Blackbaud (NASDAQ:BLKB) on Wednesday, setting a price target of $70, which is approximately 23.50% above the present share price of $56.68.
MacWilliams expects Blackbaud to post earnings per share (EPS) of $0.10 for the fourth quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Blackbaud, with an average price target of $70.
The analysts price targets range from a high of $70 to a low of $70.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $215 million and a net profit of $10.19 million. The company's market cap is $2.79 billion.
According to TipRanks.com, Stephens analyst Ryan MacWilliams is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 27.3% and a 77.78% success rate.
Blackbaud, Inc. engages in the provision of cloud-based and on-premises software solutions and related services for the global philanthropic community. It offers solutions for fundraising and constituent relationship management (CRM), marketing, advocacy, accounting, peer-to-peer fundraising, corporate social responsibility (CSR), school management, ticketing, grantmaking, financial management, payment processing, and analytics. The company was founded by Anthony E. Bakker in 1981 and is headquartered in Charleston, SC.