How to buy BlackLine stock - 18 April

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How to buy BlackLine stock

Own BlackLine stock in just a few minutes.

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 1,325 staff and has a trailing 12-month revenue of around USD0.00.

How to buy shares in BlackLine

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for BlackLine. Find the stock by name or ticker symbol: BL. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until BlackLine reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of BlackLine, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of BlackLine. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

BlackLine share price

Use our graph to track the performance of BL stocks over time.

BlackLine shares at a glance

Information last updated 2021-04-15.
52-week rangeUSD$54 - USD$154.61
50-day moving average USD$113.2391
200-day moving average USD$117.0603
Wall St. target priceUSD$152.56
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-0.481

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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.

Is it a good time to buy BlackLine stock?

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.

Is BlackLine under- or over-valued?

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 PEG ratio

BlackLine's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 11.288. 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.

BlackLine's EBITDA

BlackLine's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$5.8 million.

The EBITDA is a measure of a BlackLine's overall financial performance and is widely used to measure a its profitability.

BlackLine financials

Revenue TTM USD$351.7 million
Gross profit TTM USD$282.8 million
Return on assets TTM -0.89%
Return on equity TTM -9.4%
Profit margin -13.34%
Book value $7.317
Market capitalisation USD$6.9 billion

TTM: trailing 12 months

Shorting BlackLine shares

There are currently 4.4 million BlackLine shares held short by investors – that's known as BlackLine's "short interest". This figure is 6.8% down from 4.7 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)

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 957173.84615385). BlackLine's SIR currently stands at 4.55. In other words for every 100,000 BlackLine shares traded daily on the market, roughly 4550 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 0.08% of the outstanding shares (for every 100,000 BlackLine shares in existence, roughly 80 shares are currently held short) or 0.0819% of the tradable shares (for every 100,000 tradable BlackLine shares, roughly 82 shares are currently held short).

Such a low SIR usually points to an 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.

BlackLine share dividends

We're not expecting BlackLine to pay a dividend over the next 12 months.

BlackLine share price volatility

Over the last 12 months, BlackLine's shares have ranged in value from as little as $54 up to $154.61. A popular way to gauge a stock's volatility is its "beta".

BL.US volatility(beta: 0.89)Avg. volatility(beta: 1.00)LowHigh

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 0.8852. This would suggest that BlackLine's shares are less volatile than average (for this exchange).

BlackLine overview

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 include account reconciliations providing a centralized workspace from which users can collaborate to complete account reconciliations; transaction matching that analyzes and reconciles high volumes of individual transactions from different sources of data based upon user-configured logic; task management, which enables users to create and manage processes and task lists; journal entry that allows users to manually or automatically 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 that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing. The company also provides cash application that drives end-to-end process from an invoice to cash in the bank. In addition, it offers intercompany workflow that stores permissions by entity and transaction type, ensuring that both the initiator and the approver of the intercompany transaction are authorized to conduct business; intercompany processing, which records an organization's intercompany transactions; and netting and settlement that generates a real-time, aggregated settlement matrix, which shows the balance of transactions across an entire organization. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc.

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