S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:BL

BlackLine Stock Forecast, Price & News

$103.43
-2.81 (-2.64%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$101.23
$106.42
50-Day Range
$103.43
$131.39
52-Week Range
$98.06
$154.61
Volume
732,294 shs
Average Volume
403,780 shs
Market Capitalization
$6.07 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
0.83
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

BlackLine (NASDAQ:BL) Issues FY 2021 Earnings Guidance
December 2, 2021 |  americanbankingnews.com
BlackLine (NASDAQ:BL) Updates Q4 2021 Earnings Guidance
December 2, 2021 |  americanbankingnews.com
BlackLine (NASDAQ:BL) Issues Q4 2021 Earnings Guidance
November 18, 2021 |  americanbankingnews.com
BlackLine (NASDAQ:BL) Updates FY 2021 Earnings Guidance
November 18, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$351.74 million
Cash Flow
$0.68 per share
Book Value
$5.81 per share

Profitability

Net Income
$-38.05 million
Pretax Margin
-20.05%

Debt

Price-To-Earnings

Miscellaneous

Free Float
52,748,000
Market Cap
$6.07 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/10/2022

MarketRank

Overall MarketRank

2.33 out of 5 stars

Computer And Technology Sector

258th out of 892 stocks

Prepackaged Software Industry

68th out of 267 stocks

Analyst Opinion: 3.4Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.0 5 -4 -3 -2 -1 -












BlackLine (NASDAQ:BL) Frequently Asked Questions

Is BlackLine a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackLine in the last twelve months. There are currently 2 hold ratings and 6 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.

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 67.7% and is now trading at $103.43.
View which stocks have been most impacted by COVID-19
.

When is BlackLine's next earnings date?

BlackLine is scheduled to release its next quarterly earnings announcement on Thursday, February 10th 2022.
View our earnings forecast for BlackLine
.

How were BlackLine's earnings last quarter?

BlackLine, Inc. (NASDAQ:BL) issued its quarterly earnings results on Thursday, November, 4th. The technology company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.11 by $0.13. The technology company had revenue of $109.40 million for the quarter, compared to analyst estimates of $107.06 million. BlackLine had a negative net margin of 23.43% and a negative trailing twelve-month return on equity of 4.02%. BlackLine's quarterly revenue was up 21.3% on a year-over-year basis. During the same period last year, the business posted $0.02 earnings per share.
View BlackLine's earnings history
.

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

BlackLine updated its FY 2021 earnings guidance on Thursday, December, 2nd. The company provided earnings per share guidance of $0.590-$0.620 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.470. The company issued revenue guidance of $423.50 million-$424.50 million, compared to the consensus revenue estimate of $422.05 million.

What price target have analysts set for BL?

8 brokers have issued 1-year price objectives for BlackLine's shares. Their forecasts range from $120.00 to $163.00. On average, they expect BlackLine's share price to reach $146.13 in the next twelve months. This suggests a possible upside of 41.3% 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), 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 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 served 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 variety of institutional and retail investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (5.52%), Artisan Partners Limited Partnership (4.41%), Conestoga Capital Advisors LLC (2.37%), Baillie Gifford & Co. (2.32%), Alliancebernstein L.P. (2.25%) and Geneva Capital Management LLC (1.96%). 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 Deutsche Bank AG, Ensign Peak Advisors Inc, Millennium Management LLC, Kayne Anderson Rudnick Investment Management LLC, Polar Capital Holdings Plc, Thrivent Financial for Lutherans, Artisan Partners Limited Partnership, and Two Sigma Advisers LP. 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 bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Eagle Asset Management Inc., Tygh Capital Management Inc., Voleon Capital Management LP, Bank of New York Mellon Corp, CastleArk Alternatives LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, and Cinctive Capital Management LP.
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 $103.43.

How much money does BlackLine make?

BlackLine has a market capitalization of $6.07 billion and generates $351.74 million in revenue each year. The technology company earns $-38.05 million in net income (profit) each year or ($1.64) 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 12/5/2021 by MarketBeat.com Staff

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