S&P 500   3,781.21
DOW   30,569.53
QQQ   321.40
S&P 500   3,781.21
DOW   30,569.53
QQQ   321.40
S&P 500   3,781.21
DOW   30,569.53
QQQ   321.40
S&P 500   3,781.21
DOW   30,569.53
QQQ   321.40
Log in
NASDAQ:BL

BlackLine Stock Forecast, Price & News

$128.98
-1.92 (-1.47 %)
(As of 01/27/2021 12:00 AM ET)
Add
Compare
Today's Range
$122.10
Now: $128.98
$132.39
50-Day Range
$120.86
MA: $130.99
$140.28
52-Week Range
$38.32
Now: $128.98
$141.82
Volume559,740 shs
Average Volume543,951 shs
Market Capitalization$7.38 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.95
BlackLine, Inc. provides financial accounting close solutions delivered primarily as Software as a Service in the United States and internationally. Its reconciliation management solutions include Account Reconciliations that provides a centralized workspace from which users can collaborate to complete account reconciliations; Transaction Matching that analyzes and reconciles high volumes of individual transactions; Consolidation Integrity Manager, which manages the automated system-to-system tie-out process that occurs during the consolidation phase of the financial close; and Daily Reconciliations, which narrows the scope of a reconciliation to a single day's transactions or balance detail. The company's financial close management solutions comprise Task Management that enables users to create and manage processes and task lists; Journal Entry, which allows users to generate, review, and post manual journal entries; and Variance Analysis that monitors and automatically identifies anomalous fluctuations in balance sheet and income statement account balances. Its Intercompany Hub solutions consists of Intercompany Workflow, which replaces informal, ad-hoc intercompany requests, and approvals; Intercompany Processing that records an organization's intercompany transactions and posts them from a single source; and Netting and Settlement, which automatically generate a real-time, aggregated settlement matrix that shows the balance of transactions. The company also provides Compliance, is an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and implementation, support, and training services. It sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises and mid-market companies across various industries. The company was founded in 2001 and is headquartered in Woodland Hills, California.
BlackLine logo

MarketRank

Overall MarketRank

1.38 out of 5 stars

Computer And Technology Sector

384th out of 1,511 stocks

Prepackaged Software Industry

75th out of 285 stocks

Analyst Opinion: 2.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
CUSIPN/A
Phone818-223-9008
Employees1,055
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$288.98 million
Cash Flow$0.29 per share
Book Value$7.16 per share

Profitability

Net Income$-30,700,000.00

Miscellaneous

Market Cap$7.38 billion
Next Earnings Date2/11/2021 (Confirmed)
OptionableOptionable
$128.98
-1.92 (-1.47 %)
(As of 01/27/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











BlackLine (NASDAQ:BL) Frequently Asked Questions

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

BlackLine's stock was trading at $61.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BL stock has increased by 109.2% and is now trading at $128.98.
View which stocks have been most impacted by COVID-19
.

Is BlackLine a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackLine in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BlackLine stock.
View analyst ratings for BlackLine
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than BlackLine?

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

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.

When is BlackLine's next earnings date?

BlackLine is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 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, February 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were BlackLine's earnings last quarter?

BlackLine, Inc. (NASDAQ:BL) announced its earnings results on Thursday, October, 29th. The technology company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.14. The technology company had revenue of $90.53 million for the quarter, compared to analyst estimates of $85.06 million. BlackLine had a negative net margin of 11.58% and a negative trailing twelve-month return on equity of 0.29%. BlackLine's revenue was up 20.8% on a year-over-year basis. During the same period last year, the business posted $0.12 EPS.
View BlackLine's earnings history
.

What price target have analysts set for BL?

7 analysts have issued 1-year target prices for BlackLine's shares. Their forecasts range from $71.00 to $138.00. On average, they anticipate BlackLine's stock price to reach $108.88 in the next twelve months. This suggests that the stock has a possible downside of 15.6%.
View analysts' price targets for BlackLine
or view Wall Street analyst' top-rated stocks.

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 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).

Who are BlackLine's key executives?

BlackLine's management team includes the following people:
  • Ms. Therese Tucker, Founder, CEO & Director (Age 60, Pay $1.05M)
  • Mr. Marc E. Huffman, Pres, COO & Director (Age 50, Pay $750.64k)
  • Mr. Mark W. Partin, CFO & Treasurer (Age 53, Pay $637.67k)
  • Ms. Karole Morgan-Prager, Chief Legal & Admin. Officer and Sec. (Age 58, Pay $872.48k)
  • Mr. Patrick Villanova, Chief Accounting Officer & Controller
  • Mr. Peter Hirsch, Chief Technology Officer (Age 60)
  • Ms. Alexandra Geller, VP of Investor Relations
  • Ms. Kimberly Uberti, VP of Global Corp. Communications
  • Mr. Mark Woodhams, Sr. VP of Global Sales
  • Mr. Andres Botero, Chief Marketing Officer

When did BlackLine IPO?

(BL) raised $120 million in an IPO 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.

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 Riverbridge Partners LLC (3.60%), Conestoga Capital Advisors LLC (2.41%), Barton Investment Management (1.06%), Chicago Capital LLC (0.90%), Frontier Capital Management Co. LLC (0.24%) and Janney Montgomery Scott LLC (0.03%). Company insiders that own BlackLine stock include Graham Smith, Kevin B Thompson, Marc Huffman, Mario Spanicciati, Mark Partin, Morgan Karole Prager, Patrick Villanova, Peter Hirsch, Therese Tucker and Thomas Unterman.
View institutional ownership trends for BlackLine
.

Which major investors are selling BlackLine stock?

BL stock was sold by a variety of institutional investors in the last quarter, including Chicago Capital LLC, Paragon Advisors LLC, First Midwest Bank Trust Division, Barton Investment Management, Sawgrass Asset Management LLC, Bellecapital International Ltd., First Bank & Trust, and Gradient Investments LLC. Company insiders that have sold BlackLine company stock in the last year include Graham Smith, Kevin B Thompson, Marc Huffman, Mario Spanicciati, Mark Partin, Morgan Karole Prager, Patrick Villanova, Peter Hirsch, Therese Tucker, and Thomas Unterman.
View insider buying and selling activity for BlackLine
or view top insider-selling stocks.

Which major investors are buying BlackLine stock?

BL stock was bought by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Frontier Capital Management Co. LLC, Columbus Circle Investors, Conestoga Capital Advisors LLC, Mountain Capital Investment Advisors Inc, Exchange Traded Concepts LLC, Wolff Wiese Magana LLC, and Janney Montgomery Scott 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.

What is BlackLine's stock price today?

One share of BL stock can currently be purchased for approximately $128.98.

How big of a company is BlackLine?

BlackLine has a market capitalization of $7.38 billion and generates $288.98 million in revenue each year. The technology company earns $-30,700,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis. BlackLine employs 1,055 workers across the globe.

What is BlackLine's official website?

The official website for BlackLine is 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]

This page was last updated on 1/28/2021 by MarketBeat.com Staff

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.