Lowest-Rated StocksLowest-RatedNASDAQ:BL BlackLine (BL) Stock Price, News & Analysis → If you have $2,500 bucks… check this out (From DTI) (Ad) Free BL Stock Alerts $61.42 +0.59 (+0.97%) (As of 10:57 AM ET) Add Compare Share Share Today's Range$60.69▼$61.9550-Day Range$56.27▼$68.6552-Week Range$47.26▼$69.31Volume91,087 shsAverage Volume889,973 shsMarket Capitalization$3.80 billionP/E RatioN/ADividend YieldN/APrice Target$62.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get BlackLine alerts: Email Address BlackLine MarketRank™ Stock AnalysisAnalyst RatingHold2.09 Rating ScoreUpside/Downside1.7% Upside$62.20 Price TargetShort InterestBearish7.95% of Float Sold ShortDividend StrengthN/ASustainability-0.70Upright™ Environmental ScoreNews Sentiment0.32Based on 13 Articles This WeekInsider TradingSelling Shares$303,750 Sold Last QuarterProj. Earnings Growth3.92%From $1.02 to $1.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.73 out of 5 starsComputer And Technology Sector332nd out of 587 stocksPrepackaged Software Industry120th out of 202 stocks 2.0 Analyst's Opinion Consensus RatingBlackLine has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 3 buy ratings, 6 hold ratings, and 2 sell ratings.Amount of Analyst CoverageBlackLine has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.95% of the float of BlackLine has been sold short.Short Interest Ratio / Days to CoverBlackLine has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in BlackLine has recently decreased by 4.74%, indicating that investor sentiment is improving. 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 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBlackLine has received a 29.35% net impact score from Upright. BlackLine seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Procurement data analysis and optimisation software", "Enterprise systems integration software", and "Accounting software" products. See details.Environmental SustainabilityThe Environmental Impact score for BlackLine is -0.70. Previous Next 1.8 News and Social Media Coverage News SentimentBlackLine has a news sentiment score of 0.32. 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 13 news articles for BlackLine this week, compared to 5 articles on an average week.MarketBeat FollowsOnly 1 people have added BlackLine to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $303,750.00 in company stock.Percentage Held by InsidersOnly 9.53% of the stock of BlackLine is held by insiders.Percentage Held by Institutions95.13% 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 by 3.92% in the coming year, from $1.02 to $1.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BlackLine is -611.80, 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 -611.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioBlackLine has a PEG Ratio of 10.81. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBlackLine has a P/B Ratio of 14.36. 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 Ad Priority GoldRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.Click here for your free guide About BlackLine Stock (NASDAQ:BL)BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company's also provides journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers blackline cash application, and credit and risk, collections, disputes and deductions, and team and task management, as well as AR intelligence solutions and electronic invoicing and compliance. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization's intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.Read More BL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BL Stock News HeadlinesApril 26, 2024 | msn.comJunior Andre shares touching photos from Australia visit alongside sister Princess - 'So much love'April 26, 2024 | msn.comBillie Eilish opens up about lifelong battle with depression: 'I've never been a happy person'April 29, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 25, 2024 | americanbankingnews.comBlackLine (NASDAQ:BL) Shares Gap Up to $58.39April 24, 2024 | msn.comPiper Sandler Upgrades BlackLine (BL)April 24, 2024 | prnewswire.comBlackLine Honors Capgemini, Deloitte, EY, and Genpact with 2023 Global Partner AwardsApril 24, 2024 | americanbankingnews.comBlackLine (NASDAQ:BL) Given New $63.00 Price Target at CitigroupApril 24, 2024 | americanbankingnews.comBlackLine (NASDAQ:BL) Upgraded to "Neutral" by Piper SandlerApril 29, 2024 | True Market Insiders (Ad)The “Next Bitcoin”? 10 CENT Crypto Set to ExplodeThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 23, 2024 | globenewswire.comBlackLine Announces Date for First Quarter 2024 Earnings Release and Conference CallApril 23, 2024 | finance.yahoo.comWhy BlackLine (BL) Stock Is Trading Up TodayApril 23, 2024 | msn.comBlackLine upgraded on strong SAP cloud fundamentals: Piper SandlerApril 21, 2024 | seekingalpha.comLiberty Park Capital - Blackline Safety Corp: Offers 100% Upside Over The Next 3 YearsApril 19, 2024 | americanbankingnews.comBlackLine, Inc. (NASDAQ:BL) Receives Consensus Rating of "Hold" from AnalystsApril 17, 2024 | finance.yahoo.comBlackLine, Inc. (BL) Interactive Stock Chart - Yahoo FinanceApril 16, 2024 | finance.yahoo.comCloud Software Engineering Veteran Jeremy Ung Joins BlackLine as Chief Technology OfficerApril 12, 2024 | finance.yahoo.comEven after rising 3.4% this past week, BlackLine (NASDAQ:BL) shareholders are still down 45% over the past three yearsApril 11, 2024 | finance.yahoo.comU.S. expansion helps fuel Horváth gains in profits, global market shareApril 11, 2024 | axios.comExclusive: FloQast raises $100M at a $1.6B valuationApril 11, 2024 | prnewswire.comBlackLine Announces AI-Powered Innovation for Analyzing Journal EntriesApril 4, 2024 | ft.comFT ranking: The Americas’ Fastest-Growing Companies 2024April 4, 2024 | finance.yahoo.comWireless IIoT in Oil and Gas Industry Report, with Detailed Profiles of 79 Key Players in the MarketApril 4, 2024 | theglobeandmail.comUnpacking Q4 Earnings: Workiva (NYSE:WK) In The Context Of Other Finance and HR Software StocksMarch 31, 2024 | investorplace.com3 Stocks That Are Completely Underestimated by Wall StreetMarch 28, 2024 | forbes.comWhy The Chief Accounting Officer Role Is Getting More StrategicMarch 28, 2024 | techrepublic.com6 Best Bank Reconciliation Software in 2024March 28, 2024 | seekingalpha.comBLKLF Blackline Safety Corp.See More Headlines 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 Company Calendar Last Earnings2/13/2024Today4/29/2024Next Earnings (Confirmed)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:BL CUSIPN/A CIK1666134 Webwww.blackline.com Phone(818) 223-9008FaxN/AEmployees1,750Year FoundedN/APrice Target and Rating Average Stock Price Target$62.20 High Stock Price Target$81.00 Low Stock Price Target$52.00 Potential Upside/Downside+2.3%Consensus RatingHold Rating Score (0-4)2.09 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($0.10) Trailing P/E RatioN/A Forward P/E Ratio59.64 P/E Growth10.81Net Income$58.17 million Net Margins-1.50% Pretax Margin10.26% Return on Equity2.15% Return on Assets0.21% Debt Debt-to-Equity Ratio4.37 Current Ratio2.19 Quick Ratio2.19 Sales & Book Value Annual Sales$590 million Price / Sales6.37 Cash Flow$1.43 per share Price / Cash Flow42.66 Book Value$4.26 per share Price / Book14.28Miscellaneous Outstanding Shares61,800,000Free Float55,666,000Market Cap$3.76 billion OptionableOptionable Beta0.86 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Owen M. Ryan (Age 61)Co-CEO & Chairman of the Board Comp: $690.96kMs. Therese Tucker (Age 63)Founder, Co-CEO & Executive Director Comp: $675.93kMr. Mark W. Partin (Age 56)CFO & Treasurer Comp: $566.73kMs. Karole Morgan-Prager (Age 61)Chief Legal & Administrative Officer and Secretary Comp: $505.74kMr. Mark Woodhams (Age 61)Chief Revenue Officer Comp: $597.02kMr. Patrick VillanovaChief Accounting Officer & ControllerMr. Jeremy UngChief Technology OfficerMr. Sumit Johar (Age 47)Chief Information Officer Mr. Matt Humphries C.F.A.Vice President of Investor RelationsMs. Kimberly UbertiVice President of Global Corporate CommunicationsMore ExecutivesKey CompetitorsBOXNYSE:BOXJFrogNASDAQ:FROGTeradataNYSE:TDCACI WorldwideNASDAQ:ACIWClearwater AnalyticsNYSE:CWANView All CompetitorsInsiders & InstitutionsConestoga Capital Advisors LLCSold 7,330 shares on 4/26/2024Ownership: 2.278%Barton Investment ManagementSold 12,854 shares on 4/26/2024Ownership: 0.928%Yousif Capital Management LLCBought 23,069 shares on 4/26/2024Ownership: 0.037%SYSTM Wealth Solutions LLCBought 3,168 shares on 4/26/2024Ownership: 0.006%YHB Investment Advisors Inc.Bought 511 shares on 4/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions BL Stock Analysis - Frequently Asked Questions Should I buy or sell BlackLine stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackLine in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 target for 2024? 11 analysts have issued 1-year price objectives for BlackLine's stock. Their BL share price targets range from $52.00 to $81.00. On average, they expect the company's share price to reach $62.20 in the next year. This suggests a possible upside of 1.7% 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 2024? BlackLine's stock was trading at $62.44 at the start of the year. Since then, BL stock has decreased by 2.0% and is now trading at $61.18. View the best growth stocks for 2024 here. Are investors shorting BlackLine? BlackLine saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 4,220,000 shares, an increase of 9.9% from the March 15th total of 3,840,000 shares. Based on an average daily volume of 953,600 shares, the short-interest ratio is presently 4.4 days. Currently, 10.0% of the company's shares are short sold. View BlackLine's Short Interest. When is BlackLine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our BL earnings forecast. How can I listen to BlackLine's earnings call? BlackLine will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were BlackLine's earnings last quarter? BlackLine, Inc. (NASDAQ:BL) issued its quarterly earnings data on Tuesday, February, 13th. The technology company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.28. The technology company had revenue of $155.73 million for the quarter, compared to analyst estimates of $154.24 million. BlackLine had a negative net margin of 1.50% and a positive trailing twelve-month return on equity of 2.15%. What ETFs hold BlackLine's stock? ETFs with the largest weight of BlackLine (NASDAQ:BL) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), WisdomTree Cloud Computing Fund (WCLD), First Trust Cloud Computing ETF (SKYY), Direxion Daily Cloud Computing Bull 2x (CLDL), ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) and Fidelity Enhanced Small Cap ETF (FESM).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR). What guidance has BlackLine issued on next quarter's earnings? BlackLine updated its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 2.010-2.140 for the period, compared to the consensus estimate of 2.020. The company issued revenue guidance of $637.5 million-$649.5 million, compared to the consensus revenue estimate of $656.1 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? BlackLine (BL) raised $120 million in an initial public offering (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. Who are BlackLine's major shareholders? BlackLine's stock is owned by a number of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (3.17%), Conestoga Capital Advisors LLC (2.28%), Barton Investment Management (0.93%), Norden Group LLC (0.19%), Assenagon Asset Management S.A. (0.07%) and Los Angeles Capital Management LLC (0.06%). Insiders that own company stock include Graham Smith, Kevin B Thompson, Marc Huffman, Mark Partin, Mark Woodhams, Mika Yamamoto, Owen Ryan, Peter Hirsch, Therese Tucker and Thomas Unterman. View institutional ownership trends. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:BL) was last updated on 4/29/2024 by MarketBeat.com Staff From Our PartnersRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldAI finds its first serious applicationWall Street StarRich Dad Poor Dad Author Shocks Millions With 2024 Crash WarningAmerican Hartford Gold GroupThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyGreat Crypto BullWeiss RatingsWhy Big Pharma is Investing Billions in This BiotechBehind the MarketsJeff Bezos Just Humiliated Elon MuskInvestorPlace4 Cryptos BETTER than BitcoinTrue Market Insiders 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. 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: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 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.