NASDAQ:BLKB

Blackbaud (BLKB) Stock Forecast, Price & News

$62.90

+2.87 (+4.78%)

(As of 05/20/2022 12:00 AM ET)

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Today's Range: $60.21
▼
$63.81
50-Day Range: $49.27
▼
$62.90
52-Week Range: $48.52
▼
$86.96

Volume: 606,062 shs
Average Volume: 397,070 shs
Market Capitalization: $3.33 billion

P/E Ratio: N/A
Dividend Yield: N/A
Beta: 1.01

30 days | 90 days | 365 days | Advanced Chart

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About Blackbaud

Blackbaud, Inc. provides cloud software solutions to higher education institutions, K-12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies, and individual change agents in the United States and internationally. The company offers fundraising and relationship management solutions, such as Blackbaud Raiser's Edge NXT and Blackbaud CRM, Blackbaud eTapestry, Blackbaud TeamRaiser, JustGiving, and Blackbaud Guided Fundraising and Blackbaud Volunteer Network Fundraising; marketing and engagement solutions, including Blackbaud Luminate Online, Blackbaud Online Express, and Blackbaud School Website System; and financial management solutions comprising Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid Management. It also provides grant and award management solutions, consisting of Blackbaud Grantmaking and Blackbaud Award Management; organizational and program management, such as Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, Blackbaud Altru, and Blackbaud Church Management; social responsibility solutions, which includes YourCause GrantsConnect and YourCause CSRconnect; Blackbaud Merchant Services and Blackbaud Purchase Cards payment services; and Blackbaud's Intelligence for Good solutions, as well as donor acquisition, prospect research, data enrichment, and benchmarking and performance management solutions and services. It sells its solutions and related services through its direct sales force. Blackbaud, Inc. was founded in 1981 and is headquartered in Charleston, South Carolina.

May 20, 2022 | nasdaq.com

First Week of BLKB July 15th Options Trading - Nasdaq

May 19, 2022 | finance.yahoo.com

SchoolPass Awarded Contract With NCPA for License Plate Recognition and Visitor Management Solutions for K-12 Schools - Yahoo Finance

May 17, 2022 | nasdaq.com

Can Blackbaud (BLKB) Climb 37% to Reach the Level Wall Street Analysts Expect? - Nasdaq

May 17, 2022 | finance.yahoo.com

Blackbaud Releases 2021 Social Responsibility Report Highlighting Its Impact and Outlining Key Commitments to Build a Better World

May 17, 2022 | finance.yahoo.com

Can Blackbaud (BLKB) Climb 37% to Reach the Level Wall Street Analysts Expect?

May 16, 2022 | bizjournals.com

Volunteer management platform Civic Champs raises $615000 preseed investment round as it eyes product expansion - The Business Journals

May 12, 2022 | nasdaq.com

Blackbaud is Now Oversold (BLKB)

May 12, 2022 | seekingalpha.com

Blackbaud: A Value Trap - Seeking Alpha

May 11, 2022 | seekingalpha.com

Blackbaud: A Value Trap

May 7, 2022 | finance.yahoo.com

The past five years for Blackbaud (NASDAQ:BLKB) investors has not been profitable - Yahoo Finance

May 6, 2022 | finance.yahoo.com

Blackbaud to Participate in May and June 2022 Investor Events

May 5, 2022 | seekingalpha.com

Blackbaud Non-GAAP EPS of $0.57 misses by $0.09, revenue of $257.1M beats by $4M (NASDAQ:BLKB) - Seeking Alpha

May 5, 2022 | finance.yahoo.com

The past five years for Blackbaud (NASDAQ:BLKB) investors has not been profitable

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: Application Software
Sector: Computer and Technology
Current Symbol: NASDAQ:BLKB
Previous Symbol
CUSIP: 09227Q10
CIK: 1280058
Web: www.blackbaud.com
Phone: (843) 216-6200
Fax: 843-216-6100
Employees: 3,600
Year Founded: 1981

Sales & Book Value

Annual Sales: $927.74 million
Price / Sales: 3.59
Cash Flow: $2.73 per share
Price / Cash Flow: 23.07
Book Value: $13.32 per share
Price / Book: 4.72

Profitability

EPS (Most Recent Fiscal Year): ($0.080010)
Net Income: $5.70 million
Net Margins: -0.47%
Pretax Margin: -0.61%
Return on Equity: 8.94%
Return on Assets: 2.17%

Debt

Debt-to-Equity Ratio: 1.37
Current Ratio: 0.67
Quick Ratio: 0.77

Price-To-Earnings

Trailing P/E Ratio: N/A
Forward P/E Ratio: 80.64
P/E Growth: 13.45

Miscellaneous

Outstanding Shares: 52,940,000
Free Float: 52,239,000
Market Cap: $3.33 billion
Optionable: Optionable

Company Calendar

Last Earnings: 5/03/2022
Today: 5/21/2022
Next Earnings (Estimated): 8/02/2022
Fiscal Year End: 12/31/2022

Social Links

MarketRank^™

Overall MarketRank^™

2.10 out of 5 stars

Computer And Technology Sector

400th out of 919 stocks

Prepackaged Software Industry

132nd out of 297 stocks

2.0 Analyst's Opinion

Consensus Rating
Blackbaud has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $70.00, Blackbaud has a forecasted upside of 11.3% from its current price of $62.90.
Amount of Analyst Coverage
Blackbaud has only been the subject of 1 research reports in the past 90 days.

4.1 Community Rank

Outperform Votes
Blackbaud has received 376 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Blackbaud has received 238 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Blackbaud has received 61.24% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Blackbaud and other stocks. Vote “Outperform” if you believe BLKB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BLKB will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Blackbaud does not currently pay a dividend.
Dividend Growth
Blackbaud does not have a long track record of dividend growth.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Blackbaud insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,370,728.00 in company stock.
Percentage Held by Insiders
Only 1.33% of the stock of Blackbaud is held by insiders.
Percentage Held by Institutions
95.57% of the stock of Blackbaud is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Blackbaud are expected to grow by 33.33% in the coming year, from $0.78 to $1.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Blackbaud is -786.15, 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. Sector
The P/E ratio of Blackbaud is -786.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Blackbaud has a PEG Ratio of 13.45. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Blackbaud has a P/B Ratio of 4.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Blackbaud (NASDAQ:BLKB) Frequently Asked Questions

Is Blackbaud a buy right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Blackbaud stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLKB, but not buy additional shares or sell existing shares.
View analyst ratings for Blackbaud or view top-rated stocks.
When is Blackbaud's next earnings date?: Blackbaud is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Blackbaud.
How were Blackbaud's earnings last quarter?: Blackbaud, Inc. (NASDAQ:BLKB) posted its quarterly earnings data on Tuesday, May, 3rd. The technology company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.04. The technology company had revenue of $257.12 million for the quarter, compared to the consensus estimate of $253.10 million. Blackbaud had a positive trailing twelve-month return on equity of 8.94% and a negative net margin of 0.47%. The firm's revenue for the quarter was up 17.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.18 EPS.
View Blackbaud's earnings history.
What guidance has Blackbaud issued on next quarter's earnings?: Blackbaud issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of $2.63-$2.82 for the period, compared to the consensus estimate of $2.70. The company issued revenue guidance of $1.07 billion-$1.09 billion, compared to the consensus revenue estimate of $1.08 billion.
What price target have analysts set for BLKB?: 1 equities research analysts have issued 12-month target prices for Blackbaud's shares. Their forecasts range from $70.00 to $70.00. On average, they anticipate Blackbaud's stock price to reach $70.00 in the next year. This suggests a possible upside of 11.3% from the stock's current price.
View analysts' price targets for Blackbaud or view top-rated stocks among Wall Street analysts.
Who are Blackbaud's key executives?: Blackbaud's management team includes the following people:
Mr. Michael P. Gianoni, Pres, CEO & Director (Age 61, Pay $767.33k) (LinkedIn Profile)
Mr. Anthony W. Boor, Exec. VP of Fin. & Admin. and CFO (Age 59, Pay $497k) (LinkedIn Profile)
Mr. Kevin R. McDearis, Exec. VP & Chief Technology Officer (Age 54, Pay $444.14k) (LinkedIn Profile)
Mr. Kevin W. Mooney, Exec. VP of Strategy & Bus. Devel. (Age 64, Pay $485.41k) (LinkedIn Profile)
Mr. Kevin P. Gregoire, Exec. VP & Pres of U.S. Markets Group (Age 54, Pay $454.42k) (LinkedIn Profile)
Mr. Stephen Halleck, Sr. VP of Bus. Operations
Mr. Charles L. Longfield, Sr. VP & Chief Scientist (Age 65)
Mr. Todd Lant, Chief Information Officer
Steve Hufford, Director of Investor Relations
Mr. Jon W. Olson, Sr. VP, Gen. Counsel & Corp. Sec. (Age 58) (LinkedIn Profile)
What is Michael Gianoni's approval rating as Blackbaud's CEO?: 426 employees have rated Blackbaud CEO Michael Gianoni on Glassdoor.com. Michael Gianoni has an approval rating of 82% among Blackbaud's employees.
Who are some of Blackbaud's key competitors?: Some companies that are related to Blackbaud include Adobe (ADBE), Salesforce (CRM), Intuit (INTU), Synopsys (SNPS), Autodesk (ADSK), Workday (WDAY), Cadence Design Systems (CDNS), ANSYS (ANSS), SS&C Technologies (SSNC), Splunk (SPLK), Tyler Technologies (TYL), FactSet Research Systems (FDS), Citrix Systems (CTXS), Aspen Technology (AZPN) and Fair Isaac (FICO).
View all of BLKB's competitors.
What other stocks do shareholders of Blackbaud own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), Intel (INTC), Suncor Energy (SU), Broadcom (AVGO), Bank of America (BAC), Baidu (BIDU), Fortinet (FTNT), IPG Photonics (IPGP), McDonald's (MCD) and Marathon Petroleum (MPC).
What is Blackbaud's stock symbol?: Blackbaud trades on the NASDAQ under the ticker symbol "BLKB."
Who are Blackbaud's major shareholders?: Blackbaud's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.05%), Vanguard Group Inc. (9.29%), Van ECK Associates Corp (5.00%), State Street Corp (2.90%), Champlain Investment Partners LLC (1.98%) and Van Berkom & Associates Inc. (1.75%). Company insiders that own Blackbaud stock include Andrew Brannan, Anthony W Boor, George H Ellis, Jon W Olson, Joyce Nelson, Kevin Mcdearis, Kevin P Gregoire, Kevin W Mooney, Michael P Gianoni and Sarah E Nash.
View institutional ownership trends for Blackbaud.
Which institutional investors are selling Blackbaud stock?: BLKB stock was sold by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, Echo Street Capital Management LLC, Trillium Asset Management LLC, King Luther Capital Management Corp, Arrowstreet Capital Limited Partnership, Van Berkom & Associates Inc., UBS Group AG, and AlphaCrest Capital Management LLC. Company insiders that have sold Blackbaud company stock in the last year include Anthony W Boor, George H Ellis, Jon W Olson, Joyce Nelson, Kevin Mcdearis, Kevin P Gregoire, Kevin W Mooney, Michael P Gianoni, and Sarah E Nash.
View insider buying and selling activity for Blackbaud or view top insider-selling stocks.
Which institutional investors are buying Blackbaud stock?: BLKB stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Vanguard Group Inc., BlackRock Inc., Van ECK Associates Corp, State Street Corp, Great Lakes Advisors LLC, Federated Hermes Inc., and Tributary Capital Management LLC.
View insider buying and selling activity for Blackbaud or or view top insider-buying stocks.
How do I buy shares of Blackbaud?: Shares of BLKB 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 Blackbaud's stock price today?: One share of BLKB stock can currently be purchased for approximately $62.90.
How much money does Blackbaud make?: Blackbaud has a market capitalization of $3.33 billion and generates $927.74 million in revenue each year. The technology company earns $5.70 million in net income (profit) each year or ($0.080010) on an earnings per share basis.
How many employees does Blackbaud have?: Blackbaud employs 3,600 workers across the globe.
Does Blackbaud have any subsidiaries?: The following companies are subsidiares of Blackbaud: ACN 161 644 328 Pty. Ltd., AcademicWorks, Attentive.ly, BB Real Property Development LLC, BBHQ1 LLC, Blackbaud Asia Ltd., Blackbaud Canada Inc., Blackbaud Europe Ltd., Blackbaud Global Ltd., Blackbaud Latin America S.R.L., Blackbaud Pacific Pty. Ltd., Campagne Associates Ltd., Click 4 Compliance LLC, Convio Inc, EVERFI International Ltd., EVERFI Middle East Ltd., Ed Comms Pty Ltd., Educational Communications Ltd., EverFi Canada Inc., EverFi Inc., Everfi, Everyday Hero Ltd., Everyday Hero Pty. Ltd, Everyday Hero Pty. Ltd., Giving Limited, Giving.com Limited, JG US Inc., JGCrowdfunding USA LLC, JustGiving, Kintera, Lawroom.com, MicroEdge LLC, MyCharity Ltd., Public Interest Data LLC, RLC Customer Centric Technology B.V., Reeher, Smart LLC, Smart Tuition, Target Analysis Group Inc., WhippleHill Inc., YC Blocker 1 LLC, YourCause, YourCause Holdings LLC, YourCause LLC, and eTapestry.
When was Blackbaud founded?: Blackbaud was founded in 1981.
What is Blackbaud's official website?: The official website for Blackbaud is www.blackbaud.com.
How can I contact Blackbaud?: Blackbaud's mailing address is 65 FAIRCHILD STREET, CHARLESTON SC, 29492. The technology company can be reached via phone at (843) 216-6200, via email at [email protected], or via fax at 843-216-6100.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

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Blackbaud (BLKB) Stock Forecast, Price & News

About Blackbaud

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

Social Links

MarketRank™

Overall MarketRank™

2.0 Analyst's Opinion

4.1 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

0.0 Dividend Strength

2.5 Company Ownership

1.9 Earnings and Valuation

Blackbaud (NASDAQ:BLKB) Frequently Asked Questions

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