Blackbaud, Inc. provides cloud software solutions to nonprofits, foundations, companies, education institutions, healthcare organizations, and individual change agents in the United States and internationally.
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has Blackbaud's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BLKB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BLKB underperformed the US Software industry which returned 27.3% over the past year.
Return vs Market: BLKB underperformed the US Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is Blackbaud's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StInvestors Who Bought Blackbaud (NASDAQ:BLKB) Shares Five Years Ago Are Now Up 73%
1 month ago | Simply Wall StBlackbaud (NASDAQ:BLKB) Has A Somewhat Strained Balance Sheet
1 month ago | Simply Wall StBased On Its ROE, Is Blackbaud, Inc. (NASDAQ:BLKB) A High Quality Stock?
Is Blackbaud undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BLKB ($72.88) is trading above our estimate of fair value ($29.81)
Significantly Below Fair Value: BLKB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BLKB is poor value based on its PE Ratio (291.9x) compared to the Software industry average (45.3x).
PE vs Market: BLKB is poor value based on its PE Ratio (291.9x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: BLKB is poor value based on its PEG Ratio (7.1x)
Price to Book Ratio
PB vs Industry: BLKB is overvalued based on its PB Ratio (8.8x) compared to the US Software industry average (5.5x).
How is Blackbaud forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLKB's forecast earnings growth (40.9% per year) is above the savings rate (1.7%).
Earnings vs Market: BLKB's earnings (40.9% per year) are forecast to grow faster than the US market (13.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BLKB's revenue (5.1% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: BLKB's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BLKB's Return on Equity is forecast to be high in 3 years time
How has Blackbaud performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLKB has a large one-off loss of $10.6M impacting its December 31 2019 financial results.
Growing Profit Margin: BLKB's current net profit margins (1.3%) are lower than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: BLKB's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: BLKB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BLKB had negative earnings growth (-73.4%) over the past year, making it difficult to compare to the Software industry average (19%).
Return on Equity
High ROE: BLKB's Return on Equity (3%) is considered low.
Return on Assets
Return on Capital Employed
How is Blackbaud's financial position?
Financial Position Analysis
Short Term Liabilities: BLKB's short term assets ($734.5M) do not cover its short term liabilities ($988.8M).
Long Term Liabilities: BLKB's short term assets ($734.5M) exceed its long term liabilities ($607.4M).
Debt to Equity History and Analysis
Debt Level: BLKB's debt to equity ratio (118.2%) is considered high.
Reducing Debt: BLKB's debt to equity ratio has reduced from 151.1% to 118.2% over the past 5 years.
Debt Coverage: BLKB's debt is well covered by operating cash flow (38.9%).
Interest Coverage: BLKB's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Inventory Level: BLKB has a low level of unsold assets or inventory.
Debt Coverage by Assets: BLKB's debt is covered by short term assets (assets are 1.6x debt).
What is Blackbaud's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BLKB's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: BLKB's dividend (0.66%) is low compared to the top 25% of dividend payers in the US market (3.96%).
Stability and Growth of Payments
Stable Dividend: BLKB is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: BLKB is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: BLKB is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BLKB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Gianoni (58yo)
Mr. Michael P. Gianoni, also known as Mike, has been Independent Non-Executive Chairman of Teradata Corporation since February 6, 2020. Mr. Gianoni was the Independent Lead Director of Teradata Corporation ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD9.29M) is above average for companies of similar size in the US market ($USD4.98M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
|Executive VP of Finance & Administration and CFO||8.3yrs||US$3.70m||0.22% $7.8m|
|Senior VP||11.4yrs||US$1.71m||0.11% $3.8m|
|Executive VP & President of General Markets Group||11.6yrs||US$2.69m||0.18% $6.1m|
|Executive VP & President of Enterprise Markets Group||1.8yrs||US$2.90m||0.13% $4.5m|
|Senior Vice President of Business Operations||0yrs||no data||no data|
|CTO & Senior VP||4.3yrs||no data||no data|
|Senior VP & Chief Scientist||13.1yrs||US$749.08k||no data|
|Chief Information Officer||3.1yrs||no data||no data|
|Public Relations Manager||0yrs||no data||no data|
Experienced Management: BLKB's management team is seasoned and experienced (7.2 years average tenure).
|Independent Director||12.7yrs||US$277.13k||0.044% $1.5m|
|Independent Director||13.9yrs||US$298.13k||0.015% $509.9k|
|Independent Chairman||10.6yrs||US$393.13k||0.050% $1.7m|
|Independent Director||7.4yrs||US$287.13k||0.025% $878.4k|
|Independent Director||9.6yrs||US$297.84k||0.046% $1.6m|
|Independent Director||2.2yrs||US$398.33k||0.013% $453.8k|
Experienced Board: BLKB's board of directors are considered experienced (9.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BLKB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Blackbaud, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Blackbaud, Inc.
- Ticker: BLKB
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Application Software
- Sector: Software
- Market Cap: US$3.486b
- Shares outstanding: 47.83m
- Website: https://www.blackbaud.com
Number of Employees
- Blackbaud, Inc.
- 65 Fairchild Street
- South Carolina
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BLKB||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jul 2004|
|BNK||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 2004|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:41|
|End of Day Share Price||2020/02/27 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.