Blackline Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $55.57
- Today's High:
- $56.7699
- Open Price:
- $56.52
- 52W Low:
- $48.73
- 52W High:
- $79.23
- Prev. Close:
- $56.93
- Volume:
- 395017
Company Statistics
- Market Cap.:
- $3.34 billion
- Book Value:
- 1.934
- Revenue TTM:
- $541.69 million
- Operating Margin TTM:
- -9.21%
- Gross Profit TTM:
- $394.91 million
- Profit Margin:
- -5.8%
- Return on Assets TTM:
- -1.64%
- Return on Equity TTM:
- -22.91%
Company Profile
Blackline Inc had its IPO on 2016-10-28 under the ticker symbol BL.
The company operates in the Technology sector and Software-Application industry. Blackline Inc has a staff strength of 1,814 employees.
Stock update
Shares of Blackline Inc opened at $56.52 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $55.57 - $56.77, and closed at $55.62.
This is a -2.3% slip from the previous day's closing price.
A total volume of 395,017 shares were traded at the close of the day’s session.
In the last one week, shares of Blackline Inc have slipped by -4.7%.
Blackline Inc's Key Ratios
Blackline Inc has a market cap of $3.34 billion, indicating a price to book ratio of 54.4528 and a price to sales ratio of 8.0841.
In the last 12-months Blackline Inc’s revenue was $541.69 million with a gross profit of $394.91 million and an EBITDA of $-17812000. The EBITDA ratio measures Blackline Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Blackline Inc’s operating margin was -9.21% while its return on assets stood at -1.64% with a return of equity of -22.91%.
In Q1, Blackline Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 15.6%.
Blackline Inc’s PE and PEG Ratio
- Forward PE
- 153.8462
- Trailing PE
- 0
- PEG
- 5.4883
Its diluted EPS in the last 12-months stands at $-0.55 per share while it has a forward price to earnings multiple of 153.8462 and a PEG multiple of 5.4883. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Blackline Inc’s profitability.
Blackline Inc stock is trading at a EV to sales ratio of 9.2268 and a EV to EBITDA ratio of -149.1966. Its price to sales ratio in the trailing 12-months stood at 8.0841.
Blackline Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $1.93 billion
- Total Liabilities
- $363.55 million
- Operating Cash Flow
- $9.00 million
- Capital Expenditure
- $8.56 million
- Dividend Payout Ratio
- 0%
Blackline Inc ended 2024 with $1.93 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.93 billion while shareholder equity stood at $116.99 million.
Blackline Inc ended 2024 with $5.49 million in deferred long-term liabilities, $363.55 million in other current liabilities, 605000.00 in common stock, $-279785000.00 in retained earnings and $443.86 million in goodwill. Its cash balance stood at $222.56 million and cash and short-term investments were $1.09 billion. The company’s total short-term debt was $6,884,000 while long-term debt stood at $1.39 billion.
Blackline Inc’s total current assets stands at $1.24 billion while long-term investments were $0 and short-term investments were $865.31 million. Its net receivables were $120.42 million compared to accounts payable of $4.57 million and inventory worth $0.
In 2024, Blackline Inc's operating cash flow was $9.00 million while its capital expenditure stood at $8.56 million.
Comparatively, Blackline Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $55.62
- 52-Week High
- $79.23
- 52-Week Low
- $48.73
- Analyst Target Price
- $62.58
Blackline Inc stock is currently trading at $55.62 per share. It touched a 52-week high of $79.23 and a 52-week low of $79.23. Analysts tracking the stock have a 12-month average target price of $62.58.
Its 50-day moving average was $54.81 and 200-day moving average was $60.9 The short ratio stood at 5.02 indicating a short percent outstanding of 0%.
Around 849.7% of the company’s stock are held by insiders while 10028% are held by institutions.
Frequently Asked Questions About Blackline Inc
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About
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 high volumes of individual transactions; and task management to create and manage processes and task lists. The company’s financial close management solutions also include 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 that occurs during the consolidation phase of the financial close; and compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing. In addition, it offers accounts receivable automation solutions, which include blackline cash application, credit and risk management, collections management, disputes and deductions, team and task management, and AR intelligence solutions. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type thereby ensuring both the seller and the buyer 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 settlement matrix, which shows the balance of transactions. 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. was incorporated in 2001 and is headquartered in Woodland Hills, Cal