S&P 500   4,566.48
DOW   35,741.15
QQQ   377.93
S&P 500   4,566.48
DOW   35,741.15
QQQ   377.93
S&P 500   4,566.48
DOW   35,741.15
QQQ   377.93
S&P 500   4,566.48
DOW   35,741.15
QQQ   377.93
NASDAQ:BL

BlackLine Stock Forecast, Price & News

$123.59
-1.86 (-1.48 %)
(As of 10/25/2021 12:00 AM ET)
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Today's Range
$123.27
$126.60
50-Day Range
$105.62
$126.23
52-Week Range
$88.62
$154.61
Volume393,119 shs
Average Volume338,031 shs
Market Capitalization$7.22 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.83
30 days | 90 days | 365 days | Advanced Chart
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BlackLine logo

About BlackLine

BlackLine, Inc. operates a cloud-based software platform which is designed to transform accounting and finance operations for organizations of all types and sizes. Its scalable platform supports critical accounting processes such as the financial close, account reconciliations, intercompany accounting, and controls assurance. The company was founded by Therese Tucker in May 2001 and is headquartered in Woodland Hills, CA.

Headlines

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Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Employees
1,325
Year Founded
N/A

Sales & Book Value

Annual Sales
$351.74 million
Cash Flow
$0.69 per share
Book Value
$7.37 per share

Profitability

Net Income
$-38.05 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$7.22 billion
Next Earnings Date
11/4/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.26 out of 5 stars

Computer And Technology Sector

248th out of 866 stocks

Prepackaged Software Industry

60th out of 258 stocks

Analyst Opinion: 2.4Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -












BlackLine (NASDAQ:BL) Frequently Asked Questions

Is BlackLine a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackLine in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BlackLine stock.
View analyst ratings for BlackLine
or view top-rated stocks.

What stocks does MarketBeat like better than BlackLine?

Wall Street analysts have given BlackLine a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but BlackLine wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is BlackLine's next earnings date?

BlackLine is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for BlackLine
.

How can I listen to BlackLine's earnings call?

BlackLine will be holding an earnings conference call on Thursday, November 4th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "1487693".

How were BlackLine's earnings last quarter?

BlackLine, Inc. (NASDAQ:BL) released its quarterly earnings data on Thursday, August, 5th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.17) by $0.09. The technology company had revenue of $102.12 million for the quarter, compared to analyst estimates of $100.99 million. BlackLine had a negative trailing twelve-month return on equity of 2.89% and a negative net margin of 23.25%.
View BlackLine's earnings history
.

How has BlackLine's stock price been impacted by Coronavirus (COVID-19)?

BlackLine's stock was trading at $61.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BL stock has increased by 100.4% and is now trading at $123.59.
View which stocks have been most impacted by COVID-19
.

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

BlackLine issued an update on its third quarter 2021 earnings guidance on Thursday, September, 2nd. The company provided EPS guidance of $0.110-$0.130 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.110. The company issued revenue guidance of $106.50 million-$107.50 million, compared to the consensus revenue estimate of $106.03 million.

What price target have analysts set for BL?

9 analysts have issued 12 month price targets for BlackLine's stock. Their forecasts range from $120.00 to $163.00. On average, they anticipate BlackLine's stock price to reach $143.11 in the next year. This suggests a possible upside of 15.8% from the stock's current price.
View analysts' price targets for BlackLine
or view top-rated stocks among Wall Street analysts.

Who are BlackLine's key executives?

BlackLine's management team includes the following people:

What is Therese Tucker's approval rating as BlackLine's CEO?

155 employees have rated BlackLine CEO Therese Tucker on Glassdoor.com. Therese Tucker has an approval rating of 90% among BlackLine's employees.

What other stocks do shareholders of BlackLine own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackLine investors own include Square (SQ), The Walt Disney (DIS), Slack Technologies (WORK), NVIDIA (NVDA), Okta (OKTA), DocuSign (DOCU), Twilio (TWLO), Teladoc Health (TDOC), CrowdStrike (CRWD) and Zoom Video Communications (ZM).

When did BlackLine IPO?

(BL) raised $120 million in an IPO 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.

What is BlackLine's stock symbol?

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

Who are BlackLine's major shareholders?

BlackLine's stock is owned by a number of retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (2.37%), Baillie Gifford & Co. (2.32%), Barton Investment Management (1.04%), Carnegie Capital Asset Management LLC (0.14%), Frontier Capital Management Co. LLC (0.09%) and Gradient Investments LLC (0.07%). Company insiders that own BlackLine stock include Graham Smith, Kevin B Thompson, Marc Huffman, Mario Spanicciati, Mark Partin, Mark Woodhams, Mika Yamamoto, Morgan Karole Prager, Patrick Villanova, Peter Hirsch, Therese Tucker and Thomas Unterman.
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 Frontier Capital Management Co. LLC, Baillie Gifford & Co., First Midwest Bank Trust Division, V Wealth Advisors LLC, Barton Investment Management, and Mountain Capital Investment Advisors Inc. Company insiders that have sold BlackLine company stock in the last year include Graham Smith, Marc Huffman, Mark Partin, Mark Woodhams, Mika Yamamoto, Peter Hirsch, Therese Tucker, and Thomas Unterman.
View insider buying and selling activity for BlackLine
or view top insider-selling stocks.

Which institutional investors are buying BlackLine stock?

BL stock was purchased by a variety of institutional investors in the last quarter, including Carnegie Capital Asset Management LLC, Conestoga Capital Advisors LLC, Assenagon Asset Management S.A., Stratos Wealth Partners LTD., Gradient Investments LLC, YorkBridge Wealth Partners LLC, Fulton Bank N.A., and Park Avenue Securities LLC.
View insider buying and selling activity for BlackLine
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is BlackLine's stock price today?

One share of BL stock can currently be purchased for approximately $123.59.

How much money does BlackLine make?

BlackLine has a market capitalization of $7.22 billion and generates $351.74 million in revenue each year. The technology company earns $-38.05 million in net income (profit) each year or ($0.11) on an earnings per share basis.

How many employees does BlackLine have?

BlackLine employs 1,325 workers across the globe.

What is BlackLine's official website?

The official website for BlackLine is www.blackline.com.

Where are BlackLine's headquarters?

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].


This page was last updated on 10/26/2021 by MarketBeat.com Staff

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