Lowest-Rated Stocks NASDAQ:BL BlackLine - BL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding BlackLine, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $67.15 +2.44 (+3.77%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$65.35▼$67.4550-Day Range$60.51▼$77.6052-Week Range$48.73▼$79.23Volume547,933 shsAverage Volume515,761 shsMarket Capitalization$4.03 billionP/E RatioN/ADividend YieldN/APrice Target$70.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability BlackLine MarketRank™ ForecastAnalyst RatingHold1.90 Rating ScoreUpside/Downside5.2% Upside$70.67 Price TargetShort InterestBearish9.42% of Float Sold ShortDividend StrengthN/ASustainability-0.33Upright™ Environmental ScoreNews Sentiment0.47Based on 2 Articles This WeekInsider TradingSelling Shares$4.32 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.20) to ($0.07) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.54 out of 5 starsComputer And Technology Sector565th out of 618 stocksPrepackaged Software Industry191st out of 213 stocks 2.0 Analyst's Opinion Consensus RatingBlackLine has received a consensus rating of Hold. The company's average rating score is 1.90, and is based on 2 buy ratings, 5 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.67, BlackLine has a forecasted upside of 5.2% from its current price of $67.15.Amount of Analyst CoverageBlackLine has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.42% of the float of BlackLine has been sold short.Short Interest Ratio / Days to CoverBlackLine has a short interest ratio ("days to cover") of 9.7.Change versus previous monthShort interest in BlackLine has recently increased by 1.78%, indicating that investor sentiment is decreasing. 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 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBlackLine has received a 39.37% net impact score from Upright. BlackLine seems to create the most significant positive value in categories "Taxes", "Jobs", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Project management software", "Financial reporting services", and "Accounting software" products. See details.Environmental SustainabilityThe Environmental Impact score for BlackLine is -0.33. Previous Next 1.4 News and Social Media Coverage News SentimentBlackLine has a news sentiment score of 0.47. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for BlackLine this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for BL on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 2 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 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BlackLine insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,317,716.00 in company stock.Percentage Held by InsidersOnly 9.71% of the stock of BlackLine is held by insiders.Percentage Held by Institutions99.96% of the stock of BlackLine is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for BlackLine are expected to grow in the coming year, from ($0.20) to ($0.07) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BlackLine is -131.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of BlackLine is -131.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBlackLine has a P/B Ratio of 35.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BlackLine (NASDAQ:BL) StockBlackLine, 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.Read More 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 BL Stock News HeadlinesMarch 27, 2023 | marketwatch.comRobotic Process Automation (RPA) Market 2023 Size and Forecast to 2030March 15, 2023 | finance.yahoo.comShareholders May Not Be So Generous With Blackline Safety Corp.'s (TSE:BLN) CEO Compensation And Here's WhyApril 1, 2023 | Vantage Point (Ad)What To Do With Your Trades TodayThere’s a tool that scans and picks the best stocks… and could give you all the consistency you need in your trading… No matter what happens in the market. Revealed Here: A.I. Predicted Stock Forecasts March 14, 2023 | finance.yahoo.comDown -15.14% in 4 Weeks, Here's Why BlackLine (BL) Looks Ripe for a TurnaroundMarch 9, 2023 | finance.yahoo.comBayer, Covestro, Royal HaskoningDHV, T-Mobile and Trivium Packaging Among 15+ Customers Speaking at BeyondTheBlack EMEA 2023March 6, 2023 | finance.yahoo.comBlackLine Announces Leadership Succession as it Drives Growth StrategyMarch 2, 2023 | finance.yahoo.comBlackLine Named to G2's Annual Best Accounting and Finance Software List 4th Year in a RowFebruary 22, 2023 | finance.yahoo.comBlackLine Joins Forces with Kofax to Add Globally Compliant Electronic Invoicing Capabilities to Accounts Receivable Automation SolutionsApril 1, 2023 | Investorplace Media (Ad)This Tech Stock Could be the Next AmazonYou can learn its name in Luke Lango’s latest report, 5 Hypergrowth Stocks for 2023. Claim Your Free Report Here. February 21, 2023 | finance.yahoo.comInsiders of Blackline Safety Corp. (TSE:BLN) received good value on their investment after their CA$1.3m purchase jumped CA$263k in valueFebruary 8, 2023 | finance.yahoo.comNominations Open for 2023 Modern Accounting Awards from BlackLineJanuary 31, 2023 | finance.yahoo.comBlackLine Announces Date for Fourth Quarter and Full Year 2022 Earnings Release and Conference CallJanuary 18, 2023 | marketwatch.comAccounting and Financial Close Software Market Five-year Assessment with Latest Technology Analysis to 2029January 18, 2023 | marketwatch.comRPA Market Size 2023 with Factor Outlook, Deployment Viewpoint, Society Size OutlookJanuary 18, 2023 | markets.businessinsider.comAnalyst Expectations for BlackLine's FutureJanuary 17, 2023 | finance.yahoo.comPYPL vs. BL: Which Stock Should Value Investors Buy Now?January 14, 2023 | finance.yahoo.comBlackline Safety Corp.'s (TSE:BLN) largest shareholders are individual investors with 56% ownership, private companies own 25%January 13, 2023 | marketwatch.comRetail Recon Market : Analysis, Forecast, Size, New Trends and Insights, Update, COVID-19 ImpactJanuary 3, 2023 | finance.yahoo.comBlackLine Board Names Owen Ryan Chair; Adds Experienced Industry Leadership to Board of DirectorsDecember 27, 2022 | msn.comMulliner sets a new production record in 2022December 25, 2022 | msn.comSpark Blue Bentley Flying Spur S Is 500th Car From Mulliner In 2022December 19, 2022 | finance.yahoo.comThose who invested in BlackLine (NASDAQ:BL) five years ago are up 96%December 18, 2022 | marketwatch.comRetail Recon Market : Projections and Regional Outlook, Set for Rapid Growth and Trend by 2023 To 2028December 13, 2022 | finance.yahoo.comPYPL or BL: Which Is the Better Value Stock Right Now?November 26, 2022 | marketwatch.comFinancial Close Management Software Market By Industry Research, Supply, Size, Share and Prospects 2023-2028November 24, 2022 | finance.yahoo.comPYPL vs. BL: Which Stock Is the Better Value Option?November 23, 2022 | finance.yahoo.comHere's Why BlackLine (BL) Looks Ripe for Bottom FishingSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 BL Company Calendar Last Earnings2/14/2023Today3/31/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:BL CUSIPN/A CIK1666134 Webwww.blackline.com Phone(818) 223-9008FaxN/AEmployees1,814Year FoundedN/APrice Target and Rating Average Stock Price Forecast$70.67 High Stock Price Forecast$95.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+5.2%Consensus RatingHold Rating Score (0-4)1.90 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($0.51) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-33,520,000.00 Net Margins-5.62% Pretax Margin-9.07% Return on Equity-35.01% Return on Assets-1.55% Debt Debt-to-Equity Ratio12.38 Current Ratio3.40 Quick Ratio3.40 Sales & Book Value Annual Sales$522.94 million Price / Sales7.71 Cash Flow$0.18 per share Price / Cash Flow375.61 Book Value$1.87 per share Price / Book35.91Miscellaneous Outstanding Shares60,050,000Free Float54,216,000Market Cap$4.03 billion OptionableOptionable Beta0.91 Key ExecutivesOwen RyanChairman & Co-Chief Executive OfficerTherese TuckerCo-Chief Executive Officer & DirectorMark W. PartinChief Financial OfficerPeter HirschChief Technology OfficerKarole R. Morgan-PragerSecretary, Chief Legal & Administrative OfficerKey CompetitorsAlteryxNYSE:AYXTeradataNYSE:TDCBOXNYSE:BOXAsanaNYSE:ASANClearwater AnalyticsNYSE:CWANView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 1,225 shares on 3/23/2023Ownership: 0.048%Rockefeller Capital Management L.P.Sold 264 shares on 3/6/2023Ownership: 0.012%Mark PartinSold 10,000 sharesTotal: $691,600.00 ($69.16/share)Thomas UntermanSold 448 sharesTotal: $30,602.88 ($68.31/share)Voya Investment Management LLCBought 33,147 shares on 2/28/2023Ownership: 0.376%View All Insider TransactionsView All Institutional Transactions BL Stock - Frequently Asked Questions Should I buy or sell BlackLine stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackLine in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BL, but not buy additional shares or sell existing shares. View BL analyst ratings or view top-rated stocks. What is BlackLine's stock price forecast for 2023? 10 brokerages have issued 1 year price targets for BlackLine's stock. Their BL share price forecasts range from $50.00 to $95.00. On average, they predict the company's stock price to reach $70.67 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price. View analysts price targets for BL or view top-rated stocks among Wall Street analysts. How have BL shares performed in 2023? BlackLine's stock was trading at $67.27 at the beginning of 2023. Since then, BL shares have decreased by 0.2% and is now trading at $67.15. View the best growth stocks for 2023 here. When is BlackLine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our BL earnings forecast. How were BlackLine's earnings last quarter? BlackLine, Inc. (NASDAQ:BL) posted its quarterly earnings results on Tuesday, February, 14th. The technology company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.22. The technology company earned $139.96 million during the quarter, compared to the consensus estimate of $139.17 million. BlackLine had a negative net margin of 5.62% and a negative trailing twelve-month return on equity of 35.01%. What ETFs hold BlackLine's stock? ETFs with the largest weight of BlackLine (NASDAQ:BL) stock in their portfolio include Alger Mid Cap 40 ETF (FRTY), WisdomTree Cloud Computing Fund (WCLD), SPDR S&P Software & Services ETF (XSW), Direxion Daily Cloud Computing Bull 2x (CLDL), First Trust Cloud Computing ETF (SKYY), ProShares Ultra Cloud Computing (SKYU), Vanguard Russell 2000 Growth ETF (VTWG) and iShares Russell 2000 Growth ETF (IWO). What guidance has BlackLine issued on next quarter's earnings? BlackLine issued an update on its FY23 earnings guidance on Monday, March, 6th. The company provided earnings per share guidance of $0.89-0.94 for the period, compared to the consensus earnings per share estimate of $0.92. The company issued revenue guidance of $586-596 million, compared to the consensus revenue estimate of $591.07 million. 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. What other stocks do shareholders of BlackLine own? Based on aggregate information from My MarketBeat watchlists, some companies that other BlackLine investors own include Block (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 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 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." 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 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 $67.15. How much money does BlackLine make? BlackLine (NASDAQ:BL) has a market capitalization of $4.03 billion and generates $522.94 million in revenue each year. The technology company earns $-33,520,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis. How many employees does BlackLine have? The company employs 1,814 workers across the globe. How can I contact BlackLine? BlackLine's mailing address is 21300 Victory Boulevard 12th Floor, Woodland Hills CA, 91367. The official website for the company is www.blackline.com. The technology company can be reached via phone at (818) 223-9008 or via email at investors@blackline.com. This page (NASDAQ:BL) was last updated on 4/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.