Lowest-Rated StocksLowest-RatedNASDAQ:BL BlackLine (BL) Stock Price, News & Analysis $47.82 +0.31 (+0.65%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$47.55▼$48.3450-Day Range$44.06▼$58.4652-Week Range$43.79▼$69.31Volume577,768 shsAverage Volume977,026 shsMarket Capitalization$2.96 billionP/E Ratio207.91Dividend YieldN/APrice Target$62.78 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get BlackLine alerts: Email Address BlackLine MarketRank™ Stock AnalysisAnalyst RatingHold2.08 Rating ScoreUpside/Downside31.3% Upside$62.78 Price TargetShort InterestBearish10.13% of Float Sold ShortDividend StrengthN/ASustainability-0.70Upright™ Environmental ScoreNews Sentiment0.82Based on 9 Articles This WeekInsider TradingSelling Shares$2.54 M Sold Last QuarterProj. Earnings Growth-5.45%From $1.10 to $1.04 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.32 out of 5 starsComputer And Technology Sector144th out of 612 stocksPrepackaged Software Industry46th out of 202 stocks 4.0 Analyst's Opinion Consensus RatingBlackLine has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 3 buy ratings, 7 hold ratings, and 2 sell ratings.Amount of Analyst CoverageBlackLine has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about BlackLine's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.13% of the float of BlackLine has been sold short.Short Interest Ratio / Days to CoverBlackLine has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in BlackLine has recently increased by 10.56%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBlackLine does not currently pay a dividend.Dividend GrowthBlackLine does not have a long track record of dividend growth. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBlackLine has received a 29.58% net impact score from Upright. BlackLine seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Procurement data analysis and optimisation software", "Enterprise systems integration software", and "Accounting software" products. See details.Environmental SustainabilityThe Environmental Impact score for BlackLine is -0.70. Previous Next 3.2 News and Social Media Coverage News SentimentBlackLine has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for BlackLine this week, compared to 5 articles on an average week.Search Interest3 people have searched for BL on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added BlackLine to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BlackLine insiders have sold 934.63% more of their company's stock than they have bought. Specifically, they have bought $245,100.00 in company stock and sold $2,535,866.00 in company stock.Percentage Held by InsidersOnly 9.93% of the stock of BlackLine is held by insiders.Percentage Held by Institutions95.13% of the stock of BlackLine is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about BlackLine's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for BlackLine are expected to decrease by -5.45% in the coming year, from $1.10 to $1.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BlackLine is 207.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 143.05.Price to Earnings Ratio vs. SectorThe P/E ratio of BlackLine is 207.91, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 271.03.Price to Earnings Growth RatioBlackLine has a PEG Ratio of 5.40. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBlackLine has a P/B Ratio of 11.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about BlackLine's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840. Click here to see the details because there’s not much time to prepare. About BlackLine Stock (NASDAQ:BL)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. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.Read More BL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BL Stock News HeadlinesJuly 25 at 3:52 PM | finance.yahoo.comBlackLine, Inc. (BL)July 25 at 3:52 PM | theglobeandmail.comBlackline Safety: Top 10 Undervalued Technology Sector Stocks on TSX (BLN)July 27, 2024 | The Oxford Club (Ad)Alex's "Next Magnificent Seven" StocksToday Alex Green is releasing his new breakdown of AI's "Next Magnificent Seven." So please make some time to watch it.July 23, 2024 | markets.businessinsider.comBlackLine Announces Date for Second Quarter 2024 Earnings Release and Conference CallJuly 23, 2024 | globenewswire.comBlackLine Announces Date for Second Quarter 2024 Earnings Release and Conference CallJuly 22, 2024 | investorplace.com7 Undervalued AI Stocks That You Need to Watch Right NowJuly 20, 2024 | sg.finance.yahoo.com4 US Stocks That Are Perfect for a Growth Investor’s PortfolioJuly 20, 2024 | msn.comEverything That Happened In Anti-Trans Legislation This Week: July 13-19July 27, 2024 | The Oxford Club (Ad)Alex's "Next Magnificent Seven" StocksToday Alex Green is releasing his new breakdown of AI's "Next Magnificent Seven." So please make some time to watch it.July 11, 2024 | seekingalpha.comBlackLine: Attractive Business Trading At An Appealing MultipleJuly 11, 2024 | seekingalpha.comBlackLine: The Customer Base Is CrumblingJune 4, 2024 | prnewswire.comNew Solution Developed by BlackLine to be Sold as an SAP Solution ExtensionMay 28, 2024 | msn.comThe BMW R 20 Concept Is a Love Letter to the Classic Big Boxer EngineMay 28, 2024 | msn.comDepression affects 1 in 5 people. Here's what it feels like.May 28, 2024 | finance.yahoo.comInsider Buying: Co-CEO Owen Ryan Acquires Shares of BlackLine Inc (BL)May 28, 2024 | globenewswire.comBlackLine Announces Participation in Upcoming Investor ConferencesMay 26, 2024 | finance.yahoo.comShould You Be Excited About BlackLine, Inc.'s (NASDAQ:BL) 26% Return On Equity?May 23, 2024 | benzinga.comTop 5 Tech Stocks That Could Lead To Your Biggest Gains This Month - DXC Technology (NYSE:DXC)See More Headlines Receive BL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BlackLine and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today7/26/2024Next Earnings (Confirmed)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:BL CUSIPN/A CIK1666134 Webwww.blackline.com Phone(818) 223-9008FaxN/AEmployees1,750Year FoundedN/APrice Target and Rating Average Stock Price Target$62.78 High Stock Price Target$81.00 Low Stock Price Target$52.00 Potential Upside/Downside+31.3%Consensus RatingHold Rating Score (0-4)2.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.23 Trailing P/E Ratio207.91 Forward P/E Ratio43.47 P/E Growth5.4Net Income$58.17 million Net Margins2.30% Pretax Margin13.52% Return on Equity9.07% Return on Assets1.03% Debt Debt-to-Equity Ratio4.08 Current Ratio2.30 Quick Ratio2.30 Sales & Book Value Annual Sales$590 million Price / Sales5.01 Cash Flow$1.46 per share Price / Cash Flow32.84 Book Value$4.26 per share Price / Book11.23Miscellaneous Outstanding Shares61,820,000Free Float55,679,000Market Cap$2.96 billion OptionableOptionable Beta0.86 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Owen M. Ryan (Age 61)Co-CEO & Chairman of the Board Comp: $690.96kMs. Therese Tucker (Age 63)Founder, Co-CEO & Executive Director Comp: $675.93kMr. Mark W. Partin (Age 56)CFO & Treasurer Comp: $566.73kMs. Karole Morgan-Prager (Age 61)Chief Legal & Administrative Officer and Secretary Comp: $505.74kMr. Mark Woodhams (Age 61)Chief Revenue Officer Comp: $597.02kMr. Patrick VillanovaChief Accounting Officer & ControllerMr. Jeremy UngChief Technology OfficerMr. Sumit Johar (Age 47)Chief Information Officer Mr. Matt Humphries C.F.A.Vice President of Investor RelationsMs. Kimberly UbertiVice President of Global Corporate CommunicationsMore ExecutivesKey CompetitorsDuck Creek TechnologiesNASDAQ:DCTAlteryxNYSE:AYXnCinoNASDAQ:NCNOSolarWindsNYSE:SWIQ2NYSE:QTWOView All CompetitorsInsiders & InstitutionsConestoga Capital Advisors LLCBought 1,450 shares on 7/26/2024Ownership: 2.279%Baillie Gifford & Co.Sold 195,982 shares on 7/25/2024Ownership: 0.667%Nicholas Company Inc.Bought 19,120 shares on 7/24/2024Ownership: 0.213%Louisiana State Employees Retirement SystemBought 600 shares on 7/24/2024Ownership: 0.042%1620 Investment Advisors Inc.Bought 1,311 shares on 7/23/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions BL Stock Analysis - Frequently Asked Questions How have BL shares performed this year? BlackLine's stock was trading at $62.44 at the start of the year. Since then, BL stock has decreased by 23.4% and is now trading at $47.82. View the best growth stocks for 2024 here. How were BlackLine's earnings last quarter? BlackLine, Inc. (NASDAQ:BL) released its quarterly earnings results on Tuesday, May, 7th. The technology company reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.10. The technology company earned $157.46 million during the quarter, compared to analyst estimates of $155.05 million. BlackLine had a trailing twelve-month return on equity of 9.07% and a net margin of 2.30%. What is Marc Huffman's approval rating as BlackLine's CEO? 62 employees have rated BlackLine Chief Executive Officer Marc Huffman on Glassdoor.com. Marc Huffman has an approval rating of 90% among the company's employees. 85.0% of employees surveyed would recommend working at BlackLine to a friend. When did BlackLine IPO? BlackLine (BL) raised $120 million in an initial public offering on Friday, October 28th 2016. The company issued 8,600,000 shares at $13.00-$15.00 per share. Goldman Sachs and J.P. Morgan acted as the underwriters for the IPO and Pacific Crest Securities (a division of KeyBanc Capital Markets), Raymond James, William Blair and Baird were co-managers. Who are BlackLine's major shareholders? Top institutional shareholders of BlackLine include Conestoga Capital Advisors LLC (2.28%), Barton Investment Management (0.81%), Baillie Gifford & Co. (0.67%) and Portman Square Capital LLP. Insiders that own company stock include Marc Huffman, Mark Partin, Owen Ryan, Mark Woodhams, Peter Hirsch, Thomas Unterman, Kevin B Thompson, Graham Smith and Therese Tucker. View institutional ownership trends. How do I buy shares of BlackLine? Shares of BL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of BlackLine own? Based on aggregate information from My MarketBeat watchlists, some other companies that BlackLine investors own include Block (SQ), Walt Disney (DIS), Slack Technologies (WORK), NVIDIA (NVDA), Okta (OKTA), DocuSign (DOCU) and Twilio (TWLO). This page (NASDAQ:BL) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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