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How to buy BlackLine (BL) stocks in Canada
Learn how to easily invest in BlackLine stocks.
BlackLine is a software-infrastructure business based in the US. BlackLine stocks (BL.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $105.03 – a decrease of 4.1% over the previous week. BlackLine employs 1,474 staff and has a trailing 12-month revenue of around $406.1 million.
How to buy shares in BlackLine
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – BL – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in BlackLine?
- Has coronavirus impacted BlackLine shares?
- BlackLine shares summary
- Compare share dealing platforms
- Is BlackLine stock a buy or sell?
- BlackLine performance over time
- Are BlackLine shares over-valued?
- BlackLine's financials
- How volatile are BlackLine shares?
- Does BlackLine pay a dividend?
- Other common questions
BlackLine stock price (NASDAQ:BL)Use our graph to track the performance of BL stocks over time.
BlackLine shares at a glance
|Latest market close||$85.31|
|52-week range||$87.08 - $154.61|
|50-day moving average||$108.90|
|200-day moving average||$112.53|
|Wall St. target price||$135.90|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-1.64|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
BlackLine price performance over time
|1 week (2022-01-13)||-4.92%|
|1 month (2021-12-20)||N/A|
|3 months (2021-10-20)||N/A|
|6 months (2021-07-23)||-26.41%|
|1 year (2021-01-22)||-36.82%|
|2 years (2020-01-24)||41.52%|
|3 years (2019-01-24)||89.33%|
|5 years (2017-01-24)||208.42%|
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 5.4883. 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 (earnings before interest, taxes, depreciation and amortisation) is $5.8 million.
The EBITDA is a measure of a BlackLine's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$406.1 million|
|Gross profit TTM||$282.8 million|
|Return on assets TTM||-1.34%|
|Return on equity TTM||-20.6%|
|Market capitalisation||$5.2 billion|
TTM: trailing 12 months
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 $87.08 up to $154.61. 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 0.8003. This would suggest that BlackLine's shares are less volatile than average (for this exchange).
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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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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