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BlackLine, Inc is a software—infrastructure business based in the US. BlackLine shares (BL) are listed on the NASDAQ and all prices are listed in US Dollars. BlackLine employs 1,179 staff and has a trailing 12-month revenue of around USD$321.1 million.
Since the stock market crash in March caused by coronavirus, BlackLine's share price has had significant positive movement.
Its last market close was USD$106.3, which is 38.50% up on its pre-crash value of USD$65.37 and 177.40% up on the lowest point reached during the March crash when the shares fell as low as USD$38.32.
If you had bought USD$1,000 worth of BlackLine shares at the start of February 2020, those shares would have been worth USD$805.68 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,728.44.
|Latest market close||USD$106.3|
|52-week range||USD$38.32 - USD$101.06|
|50-day moving average||USD$89.1574|
|200-day moving average||USD$77.7198|
|Wall St. target price||USD$92.5|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-0.481|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-18)||-0.93%|
|1 month (2020-10-26)||15.63%|
|3 months (2020-08-25)||42.21%|
|6 months (2020-05-22)||52.95%|
|1 year (2019-11-25)||95.98%|
|2 years (2018-11-23)||173.62%|
|3 years (2017-11-24)||173.97%|
|5 years (2015-11-22)||N/A|
Valuing BlackLine stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of BlackLine's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
BlackLine's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 8.08. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into BlackLine's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$321.1 million|
|Gross profit TTM||USD$230 million|
|Return on assets TTM||-1.89%|
|Return on equity TTM||-9.76%|
|Market capitalisation||USD$5.8 billion|
TTM: trailing 12 months
There are currently 5.2 million BlackLine shares held short by investors – that's known as BlackLine's "short interest". This figure is 3.6% up from 5.0 million last month.
There are a few different ways that this level of interest in shorting BlackLine shares can be evaluated.
BlackLine's "short interest ratio" (SIR) is the quantity of BlackLine shares currently shorted divided by the average quantity of BlackLine shares traded daily (recently around 565031.45336226). BlackLine's SIR currently stands at 9.22. In other words for every 100,000 BlackLine shares traded daily on the market, roughly 9220 shares are currently held short.
However BlackLine's short interest can also be evaluated against the total number of BlackLine shares, or, against the total number of tradable BlackLine shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case BlackLine's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 BlackLine shares in existence, roughly 90 shares are currently held short) or 0.1037% of the tradable shares (for every 100,000 tradable BlackLine shares, roughly 104 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against BlackLine.
Find out more about how you can short BlackLine stock.
We're not expecting BlackLine to pay a dividend over the next 12 months.
Over the last 12 months, BlackLine's shares have ranged in value from as little as $38.32 up to $101.06. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while BlackLine's is 0.8394. This would suggest that BlackLine's shares are less volatile than average (for this exchange).
BlackLine, Inc. provides financial accounting close solutions delivered primarily as Software as a Service in the United States and internationally. Its reconciliation management solutions include Account Reconciliations that provides a centralized workspace from which users can collaborate to complete account reconciliations; Transaction Matching that analyzes and reconciles high volumes of individual transactions; Consolidation Integrity Manager, which manages the automated system-to-system tie-out process that occurs during the consolidation phase of the financial close; and Daily Reconciliations, which narrows the scope of a reconciliation to a single day's transactions or balance detail. The company's financial close management solutions comprise Task Management that enables users to create and manage processes and task lists; Journal Entry, which allows users to generate, review, and post manual journal entries; and Variance Analysis that monitors and automatically identifies anomalous fluctuations in balance sheet and income statement account balances. Its Intercompany Hub solutions consists of Intercompany Workflow, which replaces informal, ad-hoc intercompany requests, and approvals; Intercompany Processing that records an organization's intercompany transactions and posts them from a single source; and Netting and Settlement, which automatically generate a real-time, aggregated settlement matrix that shows the balance of transactions. The company also provides Compliance, is an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and implementation, support, and training services. It sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises and mid-market companies across various industries. The company was founded in 2001 and is headquartered in Woodland Hills, California.
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