NASDAQ:BL

BlackLine Stock Forecast, Price & News

$113.27
+0.39 (+0.35 %)
(As of 04/12/2021 12:00 AM ET)
Add
Compare
Today's Range
$110.49
Now: $113.27
$114.23
50-Day Range
$103.68
MA: $113.88
$132.06
52-Week Range
$52.41
Now: $113.27
$154.61
Volume281,746 shs
Average Volume731,727 shs
Market Capitalization$6.57 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.95
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.
BlackLine logo

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
CUSIPN/A
Phone(818) 223-9008
Employees1,055
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$288.98 million
Cash Flow$0.25 per share
Book Value$7.16 per share

Profitability

Net Income$-30,700,000.00

Miscellaneous

Market Cap$6.57 billion
Next Earnings Date5/6/2021 (Confirmed)
OptionableOptionable

Headlines

Reviewing hopTo (OTCMKTS:HPTO) and BlackLine (NASDAQ:BL)
April 2, 2021 |  americanbankingnews.com
Is BlackLine (BL) A Smart Long-Term Buy?
March 19, 2021 |  finance.yahoo.com
BlackLine Expects Margin Compression In 2021
March 18, 2021 |  finance.yahoo.com
Is BlackLine Inc. (BL) A Smart Long-Term Buy?
March 16, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.59 out of 5 stars

Computer And Technology Sector

276th out of 1,549 stocks

Prepackaged Software Industry

54th out of 284 stocks

Analyst Opinion: 3.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
$113.27
+0.39 (+0.35 %)
(As of 04/12/2021 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

Is BlackLine a buy right now?

9 Wall Street research 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 research 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 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.

When is BlackLine's next earnings date?

BlackLine is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 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, May 6th 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) issued its quarterly earnings data on Wednesday, February, 10th. The technology company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.16) by $0.37. The technology company earned $95.71 million during the quarter, compared to the consensus estimate of $91.60 million. BlackLine had a negative trailing twelve-month return on equity of 0.29% and a negative net margin of 11.58%.
View BlackLine's earnings history
.

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 83.7% and is now trading at $113.27.
View which stocks have been most impacted by COVID-19
.

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

BlackLine updated its first quarter 2021 After-Hours earnings guidance on Thursday, February, 11th. The company provided EPS guidance of 0.04-0.06 for the period, compared to the Thomson Reuters consensus estimate of $0.09. The company issued revenue guidance of $95.5-96.5 million, compared to the consensus revenue estimate of $95.75 million.

What price target have analysts set for BL?

9 brokerages have issued 1 year target prices for BlackLine's stock. Their forecasts range from $80.00 to $163.00. On average, they expect BlackLine's stock price to reach $140.00 in the next year. This suggests a possible upside of 23.6% 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:
  • Marc E. Huffman, Chief Executive Officer & Director
  • Mark W. Partin, Chief Financial Officer
  • Peter Hirsch, Chief Technology Officer
  • Karole R. Morgan-Prager, Secretary, Chief Legal & Administrative Officer
  • Tammy F. Coley, Chief Transformation Officer

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.

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).

When did BlackLine IPO?

(BL) raised $120 million in an initial public offering (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 many different institutional and retail investors. Top institutional shareholders include Carnegie Capital Asset Management LLC (0.15%) and Private Capital Group LLC (0.00%). 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 institutional investors are buying BlackLine stock?

BL stock was acquired by a variety of institutional investors in the last quarter, including Carnegie Capital Asset Management LLC, and Private Capital Group 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 $113.27.

How much money does BlackLine make?

BlackLine has a market capitalization of $6.57 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.

How many employees does BlackLine have?

BlackLine employs 1,055 workers across the globe.

What is BlackLine's official website?

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

Where are BlackLine's headquarters?

BlackLine is headquartered at 21300 Victory Boulevard 12th Floor, Woodland Hills CA, 91367.

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 4/12/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.