S&P 500   3,135.96 (-0.32%)
DOW   27,909.60 (-0.38%)
QQQ   204.07 (-0.45%)
AAPL   266.92 (-1.40%)
FB   201.34 (+0.14%)
MSFT   151.36 (-0.26%)
GOOGL   1,342.99 (+0.27%)
AMZN   1,749.51 (-0.12%)
CGC   21.29 (+14.16%)
NVDA   212.17 (+0.00%)
MU   46.45 (-3.09%)
BABA   198.74 (-1.56%)
GE   10.99 (-0.99%)
TSLA   339.53 (+1.08%)
T   38.04 (-0.42%)
F   9.01 (-0.11%)
NFLX   302.50 (-1.58%)
BAC   33.51 (-0.48%)
GILD   66.93 (-0.22%)
DIS   146.21 (-0.98%)
S&P 500   3,135.96 (-0.32%)
DOW   27,909.60 (-0.38%)
QQQ   204.07 (-0.45%)
AAPL   266.92 (-1.40%)
FB   201.34 (+0.14%)
MSFT   151.36 (-0.26%)
GOOGL   1,342.99 (+0.27%)
AMZN   1,749.51 (-0.12%)
CGC   21.29 (+14.16%)
NVDA   212.17 (+0.00%)
MU   46.45 (-3.09%)
BABA   198.74 (-1.56%)
GE   10.99 (-0.99%)
TSLA   339.53 (+1.08%)
T   38.04 (-0.42%)
F   9.01 (-0.11%)
NFLX   302.50 (-1.58%)
BAC   33.51 (-0.48%)
GILD   66.93 (-0.22%)
DIS   146.21 (-0.98%)
S&P 500   3,135.96 (-0.32%)
DOW   27,909.60 (-0.38%)
QQQ   204.07 (-0.45%)
AAPL   266.92 (-1.40%)
FB   201.34 (+0.14%)
MSFT   151.36 (-0.26%)
GOOGL   1,342.99 (+0.27%)
AMZN   1,749.51 (-0.12%)
CGC   21.29 (+14.16%)
NVDA   212.17 (+0.00%)
MU   46.45 (-3.09%)
BABA   198.74 (-1.56%)
GE   10.99 (-0.99%)
TSLA   339.53 (+1.08%)
T   38.04 (-0.42%)
F   9.01 (-0.11%)
NFLX   302.50 (-1.58%)
BAC   33.51 (-0.48%)
GILD   66.93 (-0.22%)
DIS   146.21 (-0.98%)
S&P 500   3,135.96 (-0.32%)
DOW   27,909.60 (-0.38%)
QQQ   204.07 (-0.45%)
AAPL   266.92 (-1.40%)
FB   201.34 (+0.14%)
MSFT   151.36 (-0.26%)
GOOGL   1,342.99 (+0.27%)
AMZN   1,749.51 (-0.12%)
CGC   21.29 (+14.16%)
NVDA   212.17 (+0.00%)
MU   46.45 (-3.09%)
BABA   198.74 (-1.56%)
GE   10.99 (-0.99%)
TSLA   339.53 (+1.08%)
T   38.04 (-0.42%)
F   9.01 (-0.11%)
NFLX   302.50 (-1.58%)
BAC   33.51 (-0.48%)
GILD   66.93 (-0.22%)
DIS   146.21 (-0.98%)
Log in

NASDAQ:BL - Blackline Stock Price, Forecast & News

$51.74
-0.17 (-0.33 %)
(As of 12/9/2019 04:00 PM ET)
Today's Range
$51.55
Now: $51.74
$52.31
50-Day Range
$46.01
MA: $50.10
$54.33
52-Week Range
$36.85
Now: $51.74
$56.29
Volume210,862 shs
Average Volume507,010 shs
Market Capitalization$2.88 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.81
BlackLine, Inc provides financial accounting close solutions delivered primarily as Software as a Service in the United States and internationally. Its solutions enable its customers to address various aspects of their financial closing process, including account reconciliations, variance analysis of account balances, journal entry capabilities, and range of data matching capabilities. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone818-223-9008

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$227.79 million
Cash Flow$0.13 per share
Book Value$5.88 per share

Profitability

Net Income$-27,800,000.00

Miscellaneous

Employees850
Market Cap$2.88 billion
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

Receive BL News and Ratings via Email

Sign-up to receive the latest news and ratings for BL and its competitors with MarketBeat's FREE daily newsletter.


Blackline (NASDAQ:BL) Frequently Asked Questions

What is Blackline's stock symbol?

Blackline trades on the NASDAQ under the ticker symbol "BL."

How were Blackline's earnings last quarter?

Blackline Inc (NASDAQ:BL) announced its quarterly earnings data on Wednesday, November, 6th. The technology company reported $0.12 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.09. The technology company had revenue of $74.93 million for the quarter, compared to analyst estimates of $72.33 million. Blackline had a negative return on equity of 4.36% and a negative net margin of 11.36%. The firm's revenue for the quarter was up 27.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.07 EPS. View Blackline's Earnings History.

When is Blackline's next earnings date?

Blackline is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Blackline.

What guidance has Blackline issued on next quarter's earnings?

Blackline issued an update on its fourth quarter earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of $0.12-0.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.08. The company issued revenue guidance of $77.3-78.3 million, compared to the consensus revenue estimate of $76.59 million.

What price target have analysts set for BL?

5 brokerages have issued 1-year price targets for Blackline's shares. Their forecasts range from $41.00 to $62.00. On average, they anticipate Blackline's stock price to reach $54.50 in the next year. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets for Blackline.

What is the consensus analysts' recommendation for Blackline?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackline in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackline.

Has Blackline been receiving favorable news coverage?

Media coverage about BL stock has been trending somewhat negative on Monday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Blackline earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Blackline.

Are investors shorting Blackline?

Blackline saw a decrease in short interest in November. As of November 15th, there was short interest totalling 5,960,000 shares, a decrease of 5.5% from the October 31st total of 6,310,000 shares. Based on an average trading volume of 516,600 shares, the days-to-cover ratio is currently 11.5 days. Approximately 12.6% of the company's stock are sold short. View Blackline's Current Options Chain.

Who are some of Blackline's key competitors?

What other stocks do shareholders of Blackline own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackline investors own include IQIYI (IQ), Square (SQ), NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), JD.Com (JD), Micron Technology (MU), Okta (OKTA), Teladoc Health (TDOC) and Twilio (TWLO).

Who are Blackline's key executives?

Blackline's management team includes the folowing people:
  • Ms. Therese Tucker, Founder, CEO & Director (Age 58)
  • Mr. Mark W. Partin, CFO & Treasurer (Age 51)
  • Mr. Marc E. Huffman, Chief Operating Officer (Age 48)
  • Ms. Karole Morgan-Prager, Chief Legal & Admin. Officer and Sec. (Age 56)
  • Mr. Patrick Villanova, Chief Accounting Officer & Controller

When did Blackline IPO?

(BL) raised $120 million in an initial public offering on Friday, October 28th 2016. The company issued 8,600,000 shares at a price of $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?

Blackline's stock is owned by a number of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (3.42%), Conestoga Capital Advisors LLC (2.08%), State Street Corp (1.59%), Chicago Capital LLC (1.10%), Barton Investment Management (1.08%) and Millennium Management LLC (1.01%). Company insiders that own Blackline stock include Chris Murphy, Iconiq Strategic Partners, LP, Marc Huffman, Mario Spanicciati, Mark Partin, Morgan Karole Prager, Sumeru (Gp) LLC Slta and Therese Tucker. View Institutional Ownership Trends for Blackline.

Which institutional investors are selling Blackline stock?

BL stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, State Street Corp, Russell Investments Group Ltd., Riverbridge Partners LLC, Great West Life Assurance Co. Can, Oppenheimer Asset Management Inc., Dupont Capital Management Corp and Conestoga Capital Advisors LLC. Company insiders that have sold Blackline company stock in the last year include Marc Huffman, Mario Spanicciati, Mark Partin, Morgan Karole Prager and Therese Tucker. View Insider Buying and Selling for Blackline.

Which institutional investors are buying Blackline stock?

BL stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Barclays PLC, Robeco Institutional Asset Management B.V., Chicago Equity Partners LLC, Mackay Shields LLC, State of New Jersey Common Pension Fund D, First Trust Advisors LP and Chicago Capital LLC. View Insider Buying and Selling for Blackline.

How do I buy shares of Blackline?

Shares of BL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Blackline's stock price today?

One share of BL stock can currently be purchased for approximately $51.74.

How big of a company is Blackline?

Blackline has a market capitalization of $2.88 billion and generates $227.79 million in revenue each year. The technology company earns $-27,800,000.00 in net income (profit) each year or ($0.26) on an earnings per share basis. Blackline employs 850 workers across the globe.View Additional Information About Blackline.

What is Blackline's official website?

The official website for Blackline is http://www.blackline.com/.

How can I contact Blackline?

Blackline's mailing address is 21300 Victory Boulevard 12th Floor, Woodland Hills CA, 91367. The technology company can be reached via phone at 818-223-9008 or via email at [email protected]


MarketBeat Community Rating for Blackline (NASDAQ BL)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  316 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  565
MarketBeat's community ratings are surveys of what our community members think about Blackline and other stocks. Vote "Outperform" if you believe BL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/9/2019 by MarketBeat.com Staff

Featured Article: Forex

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel