Blackline Stock Today

BL
 Stock
  

USD 66.51  0.76  1.13%   

Market Performance
8 of 100
Odds Of Distress
Less than 32
Blackline is selling for 66.51 as of the 8th of August 2022. This is a -1.13 percent decrease since the beginning of the trading day. The stock's lowest day price was 66.17. Blackline has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Blackline are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of July 2022 and ending today, the 8th of August 2022. Click here to learn more.
CUSIP
092382100
Fiscal Year End
December
Business Domain
Software & Services
IPO Date
28th of October 2016
Category
Technology
Classification
Information Technology
ISIN
US09239B1098
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. The company has 58.66 M outstanding shares of which 5.6 M shares are currently sold short in the market by investors with about 9.21 days to cover all shorted shares. More on Blackline

Moving together with Blackline

0.65AVPTAvepoint Inc Cl Earnings Call  This WeekPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Blackline Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Blackline's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Blackline or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Blackline has very high historical volatility over the last 90 days
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.
Blackline has a poor financial position based on the latest SEC disclosures
Latest headline from MacroaxisInsider: Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
New SymbolBL1
CEO, DirectorTherese Tucker
Thematic IdeaBusiness Services (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Blackline report their recommendations after researching Blackline's financial statements, talking to executives and customers, or listening in on Blackline's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Blackline. The Blackline consensus assessment is calculated by taking the average forecast from all of the analysts covering Blackline.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Blackline based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Blackline financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares59.6 M58.4 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted59.6 M58.4 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations86.4 M80.1 M
Significantly Up
Increasing
Slightly volatile
Total AssetsB1.8 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities1.6 B1.5 B
Significantly Up
Increasing
Slightly volatile
Current Assets1.5 B1.3 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities263.5 M322.6 M
Significantly Down
Increasing
Slightly volatile
Total Debt1.2 B1.1 B
Significantly Up
Increasing
Slightly volatile
Gross Margin0.850.77
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.280.243
Fairly Up
Increasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Blackline's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Financial Strength
Blackline's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Blackline's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Blackline's financial leverage. It provides some insight into what part of Blackline's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Blackline's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Blackline deploys its capital and how much of that capital is borrowed.
Liquidity
Blackline cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 1.4 B of total liabilities. Blackline has a current ratio of 3.38, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Blackline until it has trouble settling it off, either with new capital or with free cash flow. So, Blackline's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Blackline sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Blackline to invest in growth at high rates of return. When we think about Blackline's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

86.42 Million
Blackline (BL) is traded on NASDAQ Exchange in USA. It is located in 21300 Victory Boulevard, 12th Floor, Woodland Hills, CA 91367, United States and employs 1,182 people. Blackline is listed under Business Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with market capitalization of 3.77 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 is active under Technology sector as part of Software—Application industry. The entity has 58.66 M outstanding shares of which 5.6 M shares are currently sold short in the market by investors with about 9.21 days to cover all shorted shares. Blackline reports about 1.03 B in cash with 51.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.39.
Check Blackline Probability Of Bankruptcy
Ownership
Blackline retains a total of 58.66 Million outstanding shares. The majority of Blackline outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Blackline to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Blackline. Please pay attention to any change in the institutional holdings of Blackline as this could imply that something significant has changed or about to change at the company. Also note that nearly five million eight hundred sixty-six thousand invesors are currently shorting Blackline expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Blackline Ownership Details

Blackline Stock Price Odds Analysis

What are Blackline's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Blackline jumping above the current price in 90 days from now is about 57.54%. The Blackline probability density function shows the probability of Blackline stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.6507 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Blackline will likely underperform. Additionally, the company has an alpha of 0.0898, implying that it can generate a 0.0898 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 66.51HorizonTargetOdds Above 66.51
42.30%90 days
 66.51 
57.54%
Based on a normal probability distribution, the odds of Blackline to move above the current price in 90 days from now is about 57.54 (This Blackline probability density function shows the probability of Blackline Stock to fall within a particular range of prices over 90 days) .

Blackline Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Blackline that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Blackline's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Blackline's value.
InstituionSecurity TypeTotal SharesValue
Riverbridge Partners LlcCommon Shares2.2 M147.5 M
Brown Advisory IncCommon Shares1.5 M97.8 M
Calamos Advisors LlcDebt24 M26.6 M
Simplex Trading LlcCall Options101.7 K6.8 M
View Blackline Diagnostics

Blackline Historical Income Statement

Blackline Income Statement is one of the three primary financial statements used for reporting Blackline's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Blackline revenue and expense. Blackline Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Blackline Weighted Average Shares is relatively stable at the moment as compared to the past year. The company's current value of Weighted Average Shares is estimated at 59.64 Million. Weighted Average Shares Diluted is expected to hike to about 59.6 M this year, although the value of Cost of Revenue will most likely fall to nearly 79.6 M. View More Fundamentals

Blackline Stock Against Markets

Picking the right benchmark for Blackline stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Blackline stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Blackline is critical whether you are bullish or bearish towards Blackline at a given time.

Similar Equity Warning - BL

Blackline was forked

The entity Blackline with a symbol BL was recently forked. You can potentially use BLAIR CORP with a symbol BL1 from now on.

Blackline Corporate Directors

Blackline corporate directors refer to members of a Blackline board of directors. The board of directors generally takes responsibility for the Blackline's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Blackline's board members must vote for the resolution. The Blackline board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jason Babcoke - Independent DirectorProfile
William Griffith - Independent DirectorProfile
Thomas Unterman - Independent DirectorProfile
Hollie Haynes - Independent DirectorProfile

Invested in Blackline?

You need to understand the risk of investing before taking a position in Blackline. The danger of trading Blackline is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Blackline is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Blackline. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Blackline is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Blackline information on this page should be used as a complementary analysis to other Blackline's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.
Market Capitalization
B
Quarterly Revenue Growth YOY
0.26
Return On Assets
-0.0213
Return On Equity
-0.3
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.