Blackbaud Inc

Company Profile

Blackbaud Inc had its IPO on 2004-07-22 under the ticker symbol BLKB.

The company operates in the Technology sector and Software-Application industry. Blackbaud Inc has a staff strength of 3,200 employees.

Stock update

Shares of Blackbaud Inc opened at $72.54 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $71.94 - $73.37, and closed at $73.28.

This is a +0.38% increase from the previous day's closing price.

A total volume of 147,167 shares were traded at the close of the day’s session.

In the last one week, shares of Blackbaud Inc have slipped by -3.74%.

Blackbaud Inc's Key Ratios

Blackbaud Inc has a market cap of $3.99 billion, indicating a price to book ratio of 4.246 and a price to sales ratio of 2.9776.

In the last 12-months Blackbaud Inc’s revenue was $1.06 billion with a gross profit of $557.12 million and an EBITDA of $111.75 million. The EBITDA ratio measures Blackbaud Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Blackbaud Inc’s operating margin was 4.18% while its return on assets stood at 1.06% with a return of equity of -6.98%.

In Q1, Blackbaud Inc’s quarterly earnings growth was a positive 30% while revenue growth was a positive 1.8%.

Blackbaud Inc’s PE and PEG Ratio

Forward PE

21.0084

Trailing PE

0

PEG

2.1993

Its diluted EPS in the last 12-months stands at $-0.97 per share while it has a forward price to earnings multiple of 21.0084 and a PEG multiple of 2.1993. 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 Blackbaud Inc’s profitability.

Blackbaud Inc stock is trading at a EV to sales ratio of 3.8679 and a EV to EBITDA ratio of 45.5765. Its price to sales ratio in the trailing 12-months stood at 2.9776.

Blackbaud Inc stock pays annual dividends of $0 per share, indicating a yield of 0.97% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.64 billion

Total Liabilities

$863.86 million

Operating Cash Flow

$-15331000.00

Capital Expenditure

$15.33 million

Dividend Payout Ratio

0%

Blackbaud Inc ended 2023 with $2.64 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.64 billion while shareholder equity stood at $719.73 million.

Blackbaud Inc ended 2023 with $131.46 million in deferred long-term liabilities, $863.86 million in other current liabilities, 69000.00 in common stock, $182.35 million in retained earnings and $1.05 billion in goodwill. Its cash balance stood at $24.08 million and cash and short-term investments were $24.08 million. The company’s total short-term debt was $19,136,000 while long-term debt stood at $858.91 million.

Blackbaud Inc’s total current assets stands at $579.32 million while long-term investments were $0 and short-term investments were $2.14 million. Its net receivables were $102.39 million compared to accounts payable of $46.53 million and inventory worth $0.

In 2023, Blackbaud Inc's operating cash flow was $-15331000.00 while its capital expenditure stood at $15.33 million.

Comparatively, Blackbaud Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$73.28

52-Week High

$75.5

52-Week Low

$43.54

Analyst Target Price

$73.5

Blackbaud Inc stock is currently trading at $73.28 per share. It touched a 52-week high of $75.5 and a 52-week low of $75.5. Analysts tracking the stock have a 12-month average target price of $73.5.

Its 50-day moving average was $74 and 200-day moving average was $66.41 The short ratio stood at 3.02 indicating a short percent outstanding of 0%.

Around 200.4% of the company’s stock are held by insiders while 9667.7% are held by institutions.