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BlackLine NasdaqGS:BL Stock Report

Last Price

US$60.37

Market Cap

US$3.8b

7D

-2.9%

1Y

-3.3%

Updated

30 Dec, 2024

Data

Company Financials +

BlackLine, Inc.

NasdaqGS:BL Stock Report

Market Cap: US$3.8b

BL Stock Overview

Provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. More details

BL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 30.2% below our estimate of its fair value

Earnings grew by 201.5% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 26.2% per year for the next 3 years

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 10 Analysts

Migration To Google Cloud Will Compress Margins In The Short Term

Key Takeaways Strategic shift towards mid-market and enterprise clients may cause temporary churn and revenue dip, aiming for higher long-term customer value. Platform modernization and new capabilities focus involve significant investments, potentially compressing margins short-term, aiming for future efficiency and growth.
View narrative
US$65.70
FV
8.1% undervalued intrinsic discount
8.54%
Revenue growth p.a.
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0users have followed this narrative
5 days ago author updated this narrative

BlackLine, Inc. Competitors

Agilysys

NasdaqGS:AGYS

US$3.7b

Blackbaud

NasdaqGS:BLKB

US$3.7b

InterDigital

NasdaqGS:IDCC

US$4.9b

Box

NYSE:BOX

US$4.6b

Price History & Performance

Summary of share price highs, lows and changes for BlackLine
Historical stock prices
Current Share PriceUS$60.37
52 Week HighUS$69.31
52 Week LowUS$43.37
Beta0.91
1 Month Change-2.64%
3 Month Change11.53%
1 Year Change-3.32%
3 Year Change-41.41%
5 Year Change12.48%
Change since IPO154.73%

Recent News & Updates

BlackLine: Acceleration To Mid-Teens Revenue Growth Is Possible

Dec 19

Recent updates

BlackLine: Acceleration To Mid-Teens Revenue Growth Is Possible

Dec 19

If EPS Growth Is Important To You, BlackLine (NASDAQ:BL) Presents An Opportunity

Nov 06
If EPS Growth Is Important To You, BlackLine (NASDAQ:BL) Presents An Opportunity

BlackLine Is Expanding Net Profit Margins Fast

Oct 31

BlackLine (NASDAQ:BL) Might Have The Makings Of A Multi-Bagger

Oct 25
BlackLine (NASDAQ:BL) Might Have The Makings Of A Multi-Bagger

Are Investors Undervaluing BlackLine, Inc. (NASDAQ:BL) By 23%?

Oct 13
Are Investors Undervaluing BlackLine, Inc. (NASDAQ:BL) By 23%?

Getting In Cheap On BlackLine, Inc. (NASDAQ:BL) Is Unlikely

Oct 01
Getting In Cheap On BlackLine, Inc. (NASDAQ:BL) Is Unlikely

BlackLine: Slightly Improved Execution Still Doesn't Warrant My Investment

Sep 21

BlackLine's (NASDAQ:BL) Promising Earnings May Rest On Soft Foundations

Aug 14
BlackLine's (NASDAQ:BL) Promising Earnings May Rest On Soft Foundations

We Think BlackLine (NASDAQ:BL) Can Stay On Top Of Its Debt

Aug 02
We Think BlackLine (NASDAQ:BL) Can Stay On Top Of Its Debt

Returns On Capital Are Showing Encouraging Signs At BlackLine (NASDAQ:BL)

Jul 17
Returns On Capital Are Showing Encouraging Signs At BlackLine (NASDAQ:BL)

BlackLine: The Customer Base Is Crumbling

Jul 11

Calculating The Fair Value Of BlackLine, Inc. (NASDAQ:BL)

Jun 25
Calculating The Fair Value Of BlackLine, Inc. (NASDAQ:BL)

What Does BlackLine, Inc.'s (NASDAQ:BL) Share Price Indicate?

Jun 09
What Does BlackLine, Inc.'s (NASDAQ:BL) Share Price Indicate?

BlackLine: Stay Away, Profit Expansion Expected To Be Meager This Year

Apr 29

Investor Optimism Abounds BlackLine, Inc. (NASDAQ:BL) But Growth Is Lacking

Apr 17
Investor Optimism Abounds BlackLine, Inc. (NASDAQ:BL) But Growth Is Lacking

A Look At The Intrinsic Value Of BlackLine, Inc. (NASDAQ:BL)

Mar 27
A Look At The Intrinsic Value Of BlackLine, Inc. (NASDAQ:BL)

BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt

Mar 05
BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt

BlackLine: Subsequent Guidance Raise Could Be A Potential Catalyst

Feb 16

Is Now The Time To Look At Buying BlackLine, Inc. (NASDAQ:BL)?

Feb 12
Is Now The Time To Look At Buying BlackLine, Inc. (NASDAQ:BL)?

Investor Optimism Abounds BlackLine, Inc. (NASDAQ:BL) But Growth Is Lacking

Jan 01
Investor Optimism Abounds BlackLine, Inc. (NASDAQ:BL) But Growth Is Lacking

Is BlackLine, Inc. (NASDAQ:BL) Worth US$61.1 Based On Its Intrinsic Value?

Dec 11
Is BlackLine, Inc. (NASDAQ:BL) Worth US$61.1 Based On Its Intrinsic Value?

BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt

Nov 17
BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt

When Should You Buy BlackLine, Inc. (NASDAQ:BL)?

Oct 27
When Should You Buy BlackLine, Inc. (NASDAQ:BL)?

Are Investors Undervaluing BlackLine, Inc. (NASDAQ:BL) By 29%?

Sep 11
Are Investors Undervaluing BlackLine, Inc. (NASDAQ:BL) By 29%?

BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt

Aug 01
BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt

BlackLine, Inc.'s (NASDAQ:BL) Price Is Out Of Tune With Revenues

May 20
BlackLine, Inc.'s (NASDAQ:BL) Price Is Out Of Tune With Revenues

Here's Why BlackLine (NASDAQ:BL) Can Afford Some Debt

May 02
Here's Why BlackLine (NASDAQ:BL) Can Afford Some Debt

Should You Investigate BlackLine, Inc. (NASDAQ:BL) At US$60.83?

Apr 11
Should You Investigate BlackLine, Inc. (NASDAQ:BL) At US$60.83?

Shareholder Returns

BLUS SoftwareUS Market
7D-2.9%-2.1%-1.1%
1Y-3.3%18.9%22.4%

Return vs Industry: BL underperformed the US Software industry which returned 20.4% over the past year.

Return vs Market: BL underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is BL's price volatile compared to industry and market?
BL volatility
BL Average Weekly Movement3.9%
Software Industry Average Movement7.9%
Market Average Movement6.3%
10% most volatile stocks in US Market17.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: BL has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: BL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20011,750Owen Ryanwww.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 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.

BlackLine, Inc. Fundamentals Summary

How do BlackLine's earnings and revenue compare to its market cap?
BL fundamental statistics
Market capUS$3.82b
Earnings (TTM)US$126.83m
Revenue (TTM)US$639.61m

29.7x

P/E Ratio

5.9x

P/S Ratio

Is BL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BL income statement (TTM)
RevenueUS$639.61m
Cost of RevenueUS$157.91m
Gross ProfitUS$481.70m
Other ExpensesUS$354.88m
EarningsUS$126.83m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.03
Gross Margin75.31%
Net Profit Margin19.83%
Debt/Equity Ratio224.3%

How did BL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 04:01
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BlackLine, Inc. is covered by 21 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert OliverBaird
Ishan MajumdarBaptista Research
Daniel JesterBMO Capital Markets Equity Research