NASDAQ:BLKB

Blackbaud Stock Forecast, Price & News

$66.04

+1.14 (+1.76 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$64.10

Now: $66.04▼

$66.17

50-Day Range

$55.92

MA: $59.18▼

$65.54

52-Week Range

$38.22

Now: $66.04▼

$83.70

Volume235,389 shs

Average Volume348,706 shs

Market Capitalization$3.27 billion

P/E Ratio140.51

Dividend YieldN/A

Beta1.2

Blackbaud, Inc. provides cloud software solutions to nonprofits, foundations, companies, education institutions, healthcare organizations, and individual change agents in the United States and internationally. The company offers fundraising and relationship management solutions and services, including Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud eTapestry, Blackbaud TeamRaiser, everydayhero, Blackbaud Peer-to-Peer Fundraising, and Blackbaud Guided Fundraising and Blackbaud Volunteer Network Fundraising; and marketing and engagement solutions, such as Blackbaud Luminate Online, Blackbaud Online Express, Blackbaud Attentive.ly, and Blackbaud School Website System. It also provides Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid Management Aid financial management solutions and services; and Blackbaud Grantmaking and Blackbaud Award Management grant and award management solutions. In addition, the company offers organizational and program management solutions and services comprising Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, Blackbaud Altru, and Blackbaud Church Management; and YourCause social responsibility solutions. Further, it provides 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. Additionally, the company offers customer support and maintenance, professional and managed, and training services. It sells its solutions and related services through its direct sales force. The company was founded in 1981 and is headquartered in Charleston, South Carolina.

MarketRank^™

Overall MarketRank^™

1.01 out of 5 stars

Computer And Technology Sector

635th out of 1,509 stocks

Prepackaged Software Industry

147th out of 284 stocks

1.1 Analyst's Opinion

Consensus Rating
Blackbaud has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $68.00, Blackbaud has a forecasted upside of 3.0% from its current price of $66.04.
Amount of Analyst Coverage
Blackbaud has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Blackbaud has received 375 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Blackbaud has received 454 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Blackbaud has received 54.76% “underperform” 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.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Blackbaud insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.33% of the stock of Blackbaud is held by insiders.
Percentage Held by Institutions
95.89% of the stock of Blackbaud is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Blackbaud are expected to decrease by -5.70% in the coming year, from $1.58 to $1.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Blackbaud is 140.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of Blackbaud is 140.51, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 84.97.
Price to Earnings Growth Ratio
Blackbaud has a PEG Ratio of 7.76. 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 8.18. 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

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryApplication Software

SectorComputer and Technology

Current SymbolNASDAQ:BLKB

Previous Symbol

CUSIP09227Q10

CIK1280058

Webwww.blackbaud.com

Phone843-216-6200

Employees3,611

Debt

Debt-to-Equity Ratio1.13

Current Ratio0.67

Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio140.51

Forward P/E Ratio41.80

P/E Growth7.76

Sales & Book Value

Annual Sales$900.42 million

Price / Sales3.64

Cash Flow$3.11 per share

Price / Cash Flow21.24

Book Value$8.07 per share

Price / Book8.18

Profitability

EPS (Most Recent Fiscal Year)$1.27

Net Income$11.91 million

Net Margins2.49%

Return on Equity17.03%

Return on Assets3.85%

Miscellaneous

Outstanding Shares49,568,000

Market Cap$3.27 billion

Next Earnings Date2/8/2021 (Estimated)

OptionableOptionable

$66.04

+1.14 (+1.76 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Blackbaud (NASDAQ:BLKB) Frequently Asked Questions

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

Blackbaud's stock was trading at $61.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BLKB stock has increased by 8.1% and is now trading at $66.04.
View which stocks have been most impacted by COVID-19.

Is Blackbaud a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Blackbaud?

Wall Street analysts have given Blackbaud a "Hold" 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 Blackbaud wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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.

When is Blackbaud's next earnings date?

Blackbaud is scheduled to release its next quarterly earnings announcement on Monday, February 8th 2021.
View our earnings forecast for Blackbaud.

How were Blackbaud's earnings last quarter?

Blackbaud, Inc. (NASDAQ:BLKB) announced its quarterly earnings results on Wednesday, October, 28th. The technology company reported $0.73 EPS for the quarter, topping the Zacks' consensus estimate of $0.38 by $0.35. The technology company had revenue of $215 million for the quarter, compared to the consensus estimate of $220.44 million. Blackbaud had a net margin of 2.49% and a trailing twelve-month return on equity of 17.03%.
View Blackbaud's earnings history.

How often does Blackbaud pay dividends? What is the dividend yield for Blackbaud?

Blackbaud declared a quarterly dividend on Monday, February 10th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.12 per share on Friday, March 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, February 27th.
View Blackbaud's dividend history.

What price target have analysts set for BLKB?

5 brokers have issued twelve-month target prices for Blackbaud's stock. Their forecasts range from $56.00 to $80.00. On average, they expect Blackbaud's share price to reach $68.00 in the next year. This suggests a possible upside of 3.0% from the stock's current price.
View analysts' price targets for Blackbaud or view Wall Street analyst' top-rated stocks.

Who are some of Blackbaud's key competitors?

Some companies that are related to Blackbaud include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Citrix Systems (CTXS), Fair Isaac (FICO), Nuance Communications (NUAN) and FactSet Research Systems (FDS).
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).

Who are Blackbaud's key executives?

Blackbaud's management team includes the following people:

Mr. Michael P. Gianoni, Pres, CEO & Director (Age 60, Pay $1.65M)
Mr. Anthony W. Boor, Exec. VP of Fin. & Admin. and CFO (Age 58, Pay $850.32k)
Mr. Jon W. Olson, Sr. VP, Gen. Counsel & Corp. Sec. (Age 57, Pay $542.03k)
Mr. Kevin W. Mooney, Exec. VP & Pres of Gen. Markets Group (Age 63, Pay $810.38k)
Mr. Kevin P. Gregoire, Exec. VP & Pres of Enterprise Markets Group (Age 53, Pay $768.95k)
Mr. Stephen Halleck, Sr. VP of Bus. Operations
Ms. Mary Beth Westmoreland, CTO & Sr. VP
Mr. Charles L. Longfield, Sr. VP & Chief Scientist (Age 64)
Mr. Todd Lant, Chief Information Officer
Nicole McGougan, PR Mang.

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 Brookstone Capital Management (0.02%), State of Alaska Department of Revenue (0.02%), Pacer Advisors Inc. (0.01%) and Wedge Capital Management L L P NC (0.01%). Company insiders that own Blackbaud stock include Anthony W Boor, George H Ellis, Jon W Olson, Joyce Nelson, Kevin W Mooney, Michael P Gianoni, Sarah E Nash and Timothy C K Chou.
View institutional ownership trends for Blackbaud.

Which major investors are selling Blackbaud stock?

BLKB stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., and State of Alaska Department of Revenue.
View insider buying and selling activity for Blackbaud or view top insider-selling stocks.

Which major investors are buying Blackbaud stock?

BLKB stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, and Brookstone Capital Management.
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.

What is Blackbaud's stock price today?

One share of BLKB stock can currently be purchased for approximately $66.04.

How big of a company is Blackbaud?

Blackbaud has a market capitalization of $3.27 billion and generates $900.42 million in revenue each year. The technology company earns $11.91 million in net income (profit) each year or $1.27 on an earnings per share basis. Blackbaud employs 3,611 workers across the globe.

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 or via email at [email protected]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

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