Blackline Stock Buy Hold or Sell Recommendation

BL
 Stock
  

USD 59.90  0.37  0.61%   

Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Blackline is 'Hold'. Macroaxis provides Blackline buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BL positions. The advice algorithm takes into account all of Blackline's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Blackline's buy-and-hold perspective. Continue to Blackline Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Blackline and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Blackline.

Execute Blackline Buy or Sell Advice

The Blackline recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Blackline. Macroaxis does not own or have any residual interests in Blackline or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Blackline's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell BlacklineBuy Blackline
Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Reporting Quality (M-Score)

Details
For the selected time horizon Blackline has a Risk Adjusted Performance of (0.043283), Jensen Alpha of 0.0359, Total Risk Alpha of 0.2054 and Treynor Ratio of (0.1)
Our advice module provides unbiased investment recommendation that can be used to complement current average analyst sentiment on Blackline. Our advice engine provides an advice for the firm potential to grow from the perspective of an investor's risk tolerance and investing horizon. To make sure Blackline is not overpriced, please confirm all Blackline fundamentals, including its operating margin, price to earning, net income, as well as the relationship between the shares owned by insiders and revenue . Given that Blackline has a number of shares shorted of 5.6 M, we suggest you to validate Blackline market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Blackline Trading Alerts and Improvement Suggestions

Blackline generated a negative expected return over the last 90 days
Blackline has high historical volatility and very poor performance
The company generated the yearly revenue of 447.09 M. Annual Net Loss to common stockholders was (86.21 M) with gross profit of 327.83 M.
Latest headline from www.marketscreener.com: Blackline Safety Secures 3.3 Million Renewal with Energy Utility Leader - Marketscreener.com

Blackline current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Blackline analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Blackline analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price89.13
Target Median Price90.00
Target High Price120.00
Recommendation Mean2.40
Number Of Analyst Opinions8
Target Low Price64.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Blackline Returns Distribution Density

The distribution of Blackline's historical returns is an attempt to chart the uncertainty of Blackline's future price movements. The chart of the probability distribution of Blackline stock daily returns describes the distribution of returns around its average expected value. We use Blackline price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Blackline returns is essential to provide solid investment advice for Blackline.
Mean Return-0.15Value At Risk-4.62
Potential Upside6.59Standard Deviation3.49
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Blackline historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Blackline Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Blackline is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Blackline backward and forwards among themselves. Blackline's institutional investor refers to the entity that pools money to purchase Blackline's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Clearlake Capital Group LpCommon Shares5.4 M360.7 M
Vanguard Group IncCommon Shares5.2 M343.6 M
Blackrock IncCommon SharesM266.7 M
Kayne Anderson Rudnick Investment Management LlcCommon Shares2.6 M172.2 M
Df Dent Co IncCommon Shares2.5 M168.4 M
Iconiq Capital LlcCommon Shares2.1 M139 M
Riverbridge Partners LlcCommon SharesM132 M
Note, although Blackline's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Blackline Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Blackline or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Blackline's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Blackline stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.035888
β
Beta against DOW1.65
σ
Overall volatility
3.38
Ir
Information ratio -0.01

Blackline Volatility Alert

Blackline exhibits very low volatility with skewness of 0.17 and kurtosis of 0.49. However, we advise investors to further study Blackline technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Blackline's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Blackline's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Blackline Fundamentals Vs Peers

Comparing Blackline's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Blackline's direct or indirect competition across all of the common fundamentals between Blackline and the related equities. This way, we can detect undervalued stocks with similar characteristics as Blackline or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Blackline's fundamental indicators could also be used in its relative valuation, which is a method of valuing Blackline by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Blackline to competition
FundamentalsBlacklinePeer Average
Return On Equity(36.16) %(0.31) %
Return On Asset(1.71) %(0.14) %
Profit Margin(19.28) %(1.27) %
Operating Margin(10.94) %(5.51) %
Current Valuation4.14 B16.62 B
Shares Outstanding58.66 M571.82 M
Shares Owned by Insiders7.92 %10.09 %
Shares Owned by Institutions102.37 %39.21 %
Number of Shares Shorted5.6 M4.71 M
Price to Earning(39.93) X28.72 X
Price to Book8.19 X9.51 X
Price to Sales7.86 X11.42 X
Revenue447.09 M9.43 B
Gross Profit327.83 M27.38 B
EBITDA(28.17 M)3.9 B
Net Income(86.21 M)570.98 M
Cash and Equivalents1.03 B2.7 B
Cash per Share17.39 X5.01 X
Total Debt1.4 B5.32 B
Current Ratio3.45 X2.16 X
Book Value Per Share7.32 X1.93 K
Cash Flow from Operations51.76 M971.22 M
Short Ratio9.21 X4.00 X
Earnings Per Share(0.83) X3.12 X
Price to Earnings To Growth41.87 X4.89 X
Number of Employees1.18 K18.84 K
Beta0.92-0.15
Market Capitalization3.51 B19.03 B
Total Asset286.75 M29.47 B
Retained Earnings(167.9 M)9.33 B
Working Capital(25.93 M)1.48 B
Current Asset48.49 M9.34 B
Current Liabilities74.42 M7.9 B
   Payment of 3507 shares by Woodhams Mark of Blackline subject to Rule 16b-3 [view details]

Blackline Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Blackline . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Blackline Buy or Sell Advice

When is the right time to buy or sell Blackline? Buying financial instruments such as Blackline Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Blackline in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Hybrid Mix Thematic Idea Now

Hybrid Mix
Hybrid Mix Theme
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hybrid Mix Theme or any other thematic opportunities.
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Continue to Blackline Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is Blackline's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackline. If investors know Blackline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackline's market value can be influenced by many factors that don't directly affect Blackline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine Blackline value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.