BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. More Details
Adequate balance sheet with concerning outlook.
Share Price & News
How has BlackLine's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BL's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BL exceeded the US Software industry which returned 41.7% over the past year.
Return vs Market: BL exceeded the US Market which returned 52.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is BlackLine's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StBlackLine (NASDAQ:BL) Shareholders Have Enjoyed An Impressive 190% Share Price Gain
1 month ago | Simply Wall StPeter Hirsch Is The Chief Technology Officer of BlackLine, Inc. (NASDAQ:BL) And They Just Sold 100% Of Their Shares
2 months ago | Simply Wall StIs BlackLine (NASDAQ:BL) Weighed On By Its Debt Load?
Is BlackLine undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: BL ($103.65) is trading above our estimate of fair value ($23.2)
Significantly Below Fair Value: BL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BL is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: BL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BL is overvalued based on its PB Ratio (14.2x) compared to the US Software industry average (7.8x).
How is BlackLine forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BL is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BL is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BL is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BL's revenue (16.7% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: BL's revenue (16.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BL's Return on Equity is forecast to be low in 3 years time (7.6%).
How has BlackLine performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BL is currently unprofitable.
Growing Profit Margin: BL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BL is unprofitable, and losses have increased over the past 5 years at a rate of 5% per year.
Accelerating Growth: Unable to compare BL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.1%).
Return on Equity
High ROE: BL has a negative Return on Equity (-9.07%), as it is currently unprofitable.
How is BlackLine's financial position?
Financial Position Analysis
Short Term Liabilities: BL's short term assets ($674.1M) exceed its short term liabilities ($242.3M).
Long Term Liabilities: BL's short term assets ($674.1M) exceed its long term liabilities ($436.6M).
Debt to Equity History and Analysis
Debt Level: BL's debt to equity ratio (93.7%) is considered high.
Reducing Debt: BL's debt to equity ratio has increased from 17.1% to 93.7% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 61.3% per year.
What is BlackLine current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marc Huffman (49 yo)
Mr. Marc E. Huffman serves as Chief Executive Officer at BlackLine, Inc. since January 1, 2021. He served as President at BlackLine, Inc. since February 20, 2020, leading the company's worldwide sales, mar...
CEO Compensation Analysis
Compensation vs Market: Marc's total compensation ($USD3.86M) is below average for companies of similar size in the US market ($USD6.47M).
Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.
Experienced Management: BL's management team is considered experienced (3.6 years average tenure).
Experienced Board: BL's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
BlackLine, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: BlackLine, Inc.
- Ticker: BL
- Exchange: NasdaqGS
- Founded: 2001
- Industry: Application Software
- Sector: Software
- Market Cap: US$6.236b
- Shares outstanding: 58.04m
- Website: https://www.blackline.com
Number of Employees
- BlackLine, Inc.
- 21300 Victory Boulevard
- 12th Floor
- Woodland Hills
- United States
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. It offers financial close management solutions that inc...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 22:55|
|End of Day Share Price||2021/05/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.