company background image
BL

BlackLine NasdaqGS:BL Stock Report

Last Price

US$69.76

Market Cap

US$4.2b

7D

3.7%

1Y

-37.8%

Updated

12 Aug, 2022

Data

Company Financials +
BL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends0/6

BL Stock Overview

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide.

BlackLine, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for BlackLine
Historical stock prices
Current Share PriceUS$69.76
52 Week HighUS$135.00
52 Week LowUS$49.66
Beta0.84
1 Month Change-0.19%
3 Month Change19.15%
1 Year Change-37.76%
3 Year Change39.49%
5 Year Change134.02%
Change since IPO194.35%

Recent News & Updates

Aug 04

BlackLine Non-GAAP EPS of $0.07 beats by $0.06, revenue of $128.48M beats by $1.94M

BlackLine press release (NASDAQ:BL): Q2 Non-GAAP EPS of $0.07 beats by $0.06. Revenue of $128.48M (+25.8% Y/Y) beats by $1.94M. Added 106 net new customers in the second quarter for a total of 4,003 customers at June 30, 2022. Expanded the company’s user base to 347,932 at June 30, 2022. Achieved a dollar-based net revenue retention rate of 110% at June 30, 2022..

Jul 15

BlackLine gains on speculation about takeover interest

BlackLine (NASDAQ:BL) rose 3% on speculation that the financial and accounting software company is speculated to be a takeover target. BlackLine is speculated to have received some interest from a private equity firm, according to a Betaville "uncooked" alert, which cited people following the matter who have heard rumors. The identity of the buyer isn't known. BlackLine (BL) has a market cap of $3.9 billion and short interest of 10.5%. BlackLine (BL) is scheduled to report 2Q results on Aug. 4.

Jun 14
Is There Now An Opportunity In BlackLine, Inc. (NASDAQ:BL)?

Is There Now An Opportunity In BlackLine, Inc. (NASDAQ:BL)?

BlackLine, Inc. ( NASDAQ:BL ), might not be a large cap stock, but it led the NASDAQGS gainers with a relatively large...

Shareholder Returns

BLUS SoftwareUS Market
7D3.7%0.7%3.2%
1Y-37.8%-15.5%-10.1%

Return vs Industry: BL underperformed the US Software industry which returned -16.6% over the past year.

Return vs Market: BL underperformed the US Market which returned -11.7% over the past year.

Price Volatility

Is BL's price volatile compared to industry and market?
BL volatility
BL Average Weekly Movement8.5%
Software Industry Average Movement10.1%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: BL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: BL's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20011,888Marc Huffmanhttps://www.blackline.com

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 high volumes of individual transactions; and task management to create and manage processes and task lists. The company’s financial close management solutions also include 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 that occurs during the consolidation phase of the financial close; and compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing.

BlackLine, Inc. Fundamentals Summary

How do BlackLine's earnings and revenue compare to its market cap?
BL fundamental statistics
Market CapUS$4.16b
Earnings (TTM)-US$71.43m
Revenue (TTM)US$473.44m

8.8x

P/S Ratio

-58.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BL income statement (TTM)
RevenueUS$473.44m
Cost of RevenueUS$115.36m
Gross ProfitUS$358.08m
Other ExpensesUS$429.51m
Earnings-US$71.43m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.20
Gross Margin75.63%
Net Profit Margin-15.09%
Debt/Equity Ratio1,343.7%

How did BL perform over the long term?

See historical performance and comparison