Blackline Stock Analysis

BL
 Stock
  

USD 56.81  1.34  2.30%   

The new Blackline price pull down could raise concerns from stakeholders as the firm is trading at a share price of 56.81 on 473,598 in volume. The company directors and management were unable to exploit market volatilities in August. However, diversifying your overall positions with Blackline can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.39. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Blackline partners.
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The Blackline stock analysis report makes it easy to digest most publicly released information about Blackline and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Blackline Stock analysis module also helps to analyze the Blackline price relationship with some important fundamental indicators such as market cap and management efficiency.

Blackline Stock Analysis Notes

About 102.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.83. Blackline had not issued any dividends in recent years. BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California. Blackline operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1182 people. For more info on Blackline please contact Therese Tucker at 818 223 9008 or go to https://www.blackline.com.

Blackline Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Blackline's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Blackline or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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.cantechletter.com: Blackline Safety keeps Buy rating with Beacon Securities - Cantech Letter

Blackline Upcoming and Recent Events

Earnings reports are used by Blackline to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Blackline previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report10th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End10th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Blackline SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Blackline prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Blackline investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Blackline specific information freely available to individual and institutional investors to make a timely investment decision.
4th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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13th of May 2022
Submission of Matters to a Vote of Security Holders
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5th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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23rd of February 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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11th of February 2022
Unclassified Corporate Event
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10th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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9th of February 2022
Unclassified Corporate Event
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3rd of February 2022
Unclassified Corporate Event
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Blackline Market Capitalization

The company currently falls under 'Mid-Cap' category with market capitalization of 3.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Blackline's market, we take the total number of its shares issued and multiply it by Blackline's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Blackline Profitablity

Blackline's profitability indicators refer to fundamental financial ratios that showcase Blackline's ability to generate income relative to its revenue or operating costs. If, let's say, Blackline is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Blackline's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Blackline's profitability requires more research than a typical breakdown of Blackline's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of (19.28) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of (10.94) %, which signifies that for every 100 dollars of sales, it has a net operating loss of -0.11.

Management Efficiency

The entity has Return on Asset (ROA) of (1.71) % which means that for every 100 dollars spent on asset, it generated loss of $1.71. This is way below average. Likewise, it shows return on total equity (ROE) of (36.16) %, which implies that it produced no returns to current stockholders. Blackline management efficiency ratios could be used to measure how well blackline manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 26th of September, Blackline shows the mean deviation of 2.8, and Risk Adjusted Performance of (0.046288). Blackline technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Blackline, which can be compared to its rivals. Please confirm Blackline jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Blackline is priced correctly, providing market reflects its regular price of 56.81 per share. Given that Blackline has jensen alpha of (0.09), we suggest you to validate Blackline's prevailing market performance to make sure the company can sustain itself at a future point.

Blackline Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Blackline middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Blackline. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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Blackline Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Blackline insiders, such as employees or executives, is commonly permitted as long as it does not rely on Blackline's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Blackline insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Woodhams Mark over a month ago via Macroaxis 
Payment of 3507 shares by Woodhams Mark of Blackline subject to Rule 16b-3
Thomas Unterman over a month ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Thomas Unterman over two months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Thomas Unterman over three months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Thomas Unterman over three months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Woodhams Mark over three months ago via Macroaxis 
Acquisition by Woodhams Mark of 19570 shares of Blackline subject to Rule 16b-3
Thomas Unterman over three months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Thomas Unterman over six months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Woodhams Mark over six months ago via Macroaxis 
Payment of 4327 shares by Woodhams Mark of Blackline subject to Rule 16b-3
Owen Ryan over six months ago via Macroaxis 
Purchase by Owen Ryan of 300 shares of Blackline
Therese Tucker over six months ago via Macroaxis 
Blackline exotic insider transaction detected
Mark Partin over six months ago via Macroaxis 
Exercise or conversion by Mark Partin of 5000 shares of Blackline subject to Rule 16b-3

Blackline Predictive Daily Indicators

Blackline intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Blackline stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Blackline Forecast Models

Blackline time-series forecasting models is one of many Blackline's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Blackline's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Blackline Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Blackline prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Blackline shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Blackline. By using and applying Blackline Stock analysis, traders can create a robust methodology for identifying Blackline entry and exit points for their positions.
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California. Blackline operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1182 people.

Current Blackline Analysis - Recommendations

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 PriceAdvice# of Analysts
137.3Buy10Odds
Blackline current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Blackline analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Blackline stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Blackline, talking to its executives and customers, or listening to Blackline conference calls.
Blackline Analyst Advice Details

Blackline Stock Analysis Indicators

Blackline stock analysis indicators help investors evaluate how Blackline stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Blackline shares will generate the highest return on investment. By understating and applying Blackline stock analysis, traders can identify Blackline position entry and exit signals to maximize returns.
Quick Ratio3.38
Fifty Two Week Low49.66
Revenue Growth21.60%
Shares Short Prior Month5.55M
Average Daily Volume Last 10 Day419.05k
Average Daily Volume In Three Month553.56k
Shares Percent Shares Out9.45%
Gross Margins76.21%
Short Percent Of Float10.22%
Forward Price Earnings149.10
Float Shares54.04M
Fifty Two Week High135.00
Enterprise Value To Ebitda-147.08
Fifty Day Average67.20
Two Hundred Day Average75.12
Enterprise Value To Revenue9.27
Continue to Trending Equities. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Blackline price analysis, check to measure Blackline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
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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.