How to buy Blackline stock (BL)

Blackline is a software - application business based in the US. Blackline shares (BL) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $57.33 – an increase of 0.83% over the previous week. Blackline employs 1,750 staff and has a trailing 12-month revenue of around $624.4 million.

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Blackline stock price (NASDAQ: BL)

Use our graph to track the performance of BL stocks over time.

Blackline shares at a glance

• Key figures

Information last updated 2024-10-25.

Latest market close	$57.33
52-week range	$43.37 - $69.31
50-day moving average more info button	$52.51
200-day moving average more info button	$54.91
Wall St. target price	$57.80
PE ratio more info button	63.5778
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$0.90

Is it a good time to buy Blackline stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Blackline price performance over time

Historical closes compared with the close of $57.04 from 2024-10-28

1 week (2024-10-22)	-0.92%
1 month (2024-09-30)	3.45%
3 months (2024-07-30)	19.76%
6 months (2024-04-30)	-1.74%

1 year (2023-10-30)	16.86%
2 years (2022-10-28)	-0.11%
3 years (2021-10-26)	N/A
5 years (2019-10-30)	19.73%

Is Blackline stock undervalued or overvalued?

Valuing Blackline stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Blackline's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Blackline's P/E ratio

Blackline's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 64x. In other words, Blackline shares trade at around 64x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Blackline's PEG ratio

Blackline's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.4883. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Blackline's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Blackline's EBITDA

Blackline's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $47.9 million.

The EBITDA is a measure of a Blackline's overall financial performance and is widely used to measure a its profitability.

Blackline financials

Revenue TTM	$624.4 million
Operating margin TTM	1.98%
Gross profit TTM	$394.9 million
Return on assets TTM	0.52%
Return on equity TTM	45.48%
Profit margin	19.46%
Book value	$5.24
Market Capitalization more info button	$3.6 billion

TTM: trailing 12 months

Blackline share dividends

We're not expecting Blackline to pay a dividend over the next 12 months.

Blackline share price volatility

Over the last 12 months, Blackline's shares have ranged in value from as little as $43.368 up to $69.31. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Blackline's is 0.896. This would suggest that Blackline's shares are less volatile than average (for this exchange).

Blackline overview

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.

Frequently asked questions

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What percentage of Blackline is owned by insiders or institutions?
Currently 8.023% of Blackline shares are held by insiders and 102.143% by institutions. How many people work for Blackline?
Latest data suggests 1,750 work at Blackline. When does the fiscal year end for Blackline?
Blackline's fiscal year ends in December. Where is Blackline based?
Blackline's address is: 21300 Victory Boulevard, Woodland Hills, CA, United States, 91367 What is Blackline's ISIN number?
Blackline's international securities identification number is: US09239B1098 What is Blackline's CUSIP number?
Blackline's Committee on Uniform Securities Identification Procedures number is: 09239B109