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BL

BL - Blackline Inc Stock Price, Fair Value and News

49.62USD-1.00 (-1.98%)Market Closed

Market Summary

BL
USD49.62-1.00
Market Closed
-1.98%

BL Alerts

  • 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)

BL Stock Price

View Fullscreen

BL RSI Chart

BL Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

40.54

Price/Sales (Trailing)

5.04

EV/EBITDA

27.91

Price/Free Cashflow

20.5

BL Price/Sales (Trailing)

BL Profitability

Operating Margin

92.79%

EBT Margin

13.52%

Return on Equity

27.04%

Return on Assets

3.62%

Free Cashflow Yield

4.88%

BL Fundamentals

BL Revenue

Revenue (TTM)

608.5M

Rev. Growth (Yr)

13.29%

Rev. Growth (Qtr)

1.11%

BL Earnings

Earnings (TTM)

75.7M

Earnings Growth (Yr)

190.18%

Earnings Growth (Qtr)

-50.93%

Breaking Down BL Revenue

Last 7 days

-14.3%

Last 30 days

-17.6%

Last 90 days

-10.7%

Trailing 12 Months

-0.5%

How does BL drawdown profile look like?

BL Financial Health

Current Ratio

2.3

Debt/Equity

4.08

Debt/Cashflow

0.14

BL Investor Care

Shares Dilution (1Y)

2.20%

Diluted EPS (TTM)

1.16

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024608.5M000
2023541.7M557.8M574.2M590.0M
2022447.1M473.4M498.3M522.9M
2021368.0M386.8M406.1M425.7M
2020307.4M321.1M336.3M351.7M
2019240.6M254.8M271.0M289.0M
2018188.7M202.2M215.5M227.8M
2017134.7M147.7M160.9M175.6M
201692.1M101.7M112.3M123.1M
201559.7M67.6M75.6M83.6M
201400051.7M

Tracking the Latest Insider Buys and Sells of Blackline Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 21, 2024
woodhams mark
sold
-104,929
55.43
-1,893
chief revenue officer
May 20, 2024
tucker therese
sold (taxes)
-338,077
57.88
-5,841
co-ceo
May 20, 2024
morgan-prager karole
sold (taxes)
-124,384
57.88
-2,149
chief legal and administrative
May 20, 2024
ryan owen
sold (taxes)
-129,304
57.88
-2,234
co-ceo
May 20, 2024
villanova patrick
sold (taxes)
-42,136
57.88
-728
chief accounting officer
May 20, 2024
woodhams mark
sold (taxes)
-127,625
57.88
-2,205
chief revenue officer
May 20, 2024
partin mark
sold (taxes)
-240,954
57.88
-4,163
chief financial officer
May 09, 2024
yoran amit
acquired
-
-
3,390
-
May 09, 2024
velastegui sophia
acquired
-
-
3,390
-
May 09, 2024
unterman thomas
acquired
-
-
3,390
-

1–10 of 50

Which funds bought or sold BL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 22, 2024
Beck Bode, LLC
reduced
-31.76
-455,359
1,092,370
0.22%
May 21, 2024
Atria Investments, Inc
reduced
-16.45
-197,266
1,254,370
0.02%
May 17, 2024
New Covenant Trust Company, N.A.
new
-
15,370
15,370
0.01%
May 16, 2024
Virtus Investment Advisers, Inc.
added
20.76
307,046
1,540,300
1.10%
May 16, 2024
Beacon Capital Management, LLC
new
-
1,615
1,615
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.02
-61,080
3,406,400
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-49.91
-2,338,930
2,513,910
-%
May 16, 2024
COMERICA BANK
added
11.75
1,081,810
8,025,150
0.04%
May 16, 2024
Vancity Investment Management Ltd
reduced
-65.24
-586,000
328,000
0.04%
May 16, 2024
JANE STREET GROUP, LLC
sold off
-100
-2,030,120
-
-%

1–10 of 28

Are Funds Buying or Selling BL?

Are funds buying BL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own BL
No. of Funds

Unveiling Blackline Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 05, 2024
blackrock inc.
13.7%
8,467,351
SC 13G/A
Feb 13, 2024
tucker therese
8.0%
4,857,172
SC 13G/A
Feb 13, 2024
vanguard group inc
11.00%
6,737,888
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G
Jan 26, 2024
blackrock inc.
7.9%
4,842,715
SC 13G/A
Jul 10, 2023
vanguard group inc
10.38%
6,277,625
SC 13G/A
Feb 14, 2023
clearlake capital group, l.p.
9.6%
5,712,300
SC 13G
Feb 14, 2023
tucker therese
7.9%
4,750,294
SC 13G/A
Feb 14, 2023
kayne anderson rudnick investment management llc
3.69%
2,203,641
SC 13G/A
Feb 09, 2023
vanguard group inc
8.92%
5,332,091
SC 13G/A

Recent SEC filings of Blackline Inc

View All Filings
Date Filed Form Type Document
May 23, 2024
4
Insider Trading
May 22, 2024
4
Insider Trading
May 22, 2024
4
Insider Trading
May 22, 2024
4
Insider Trading
May 22, 2024
4
Insider Trading
May 22, 2024
4
Insider Trading
May 22, 2024
4
Insider Trading
May 21, 2024
144
Notice of Insider Sale Intent
May 10, 2024
4
Insider Trading
May 10, 2024
8-K
Current Report

Peers (Alternatives to Blackline Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
264.2B
34.9B
0.67% 33.22%
63.88
7.58
11.18% 1888.46%
134.2B
38.6B
-10.17% 67.54%
96.57
3.48
14.01% 141.26%
45.9B
5.3B
-1.31% 9.32%
51.62
8.85
9.15% 48.14%
28.9B
2.2B
0.71% 9.88%
66.54
12.98
3.59% -21.47%
19.5B
4.6B
1.33% -0.30%
23.2
4.26
3.13% 15150.61%
MID-CAP
8.3B
671.8M
7.11% 65.65%
108.77
12.38
33.64% 185.98%
6.3B
4.7B
-8.81% 93.12%
-34.07
1.34
10.90% 88.31%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.4B
895.2M
1.90% 34.18%
37.61
3.76
5.72% 46.94%
2.9B
296.4M
7.30% -13.97%
-10.66
9.77
11.14% -3.59%
2.8B
237.5M
21.19% 45.94%
33.06
12
19.89% 491.11%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
242.4M
31.6M
54.75% 246.51%
-41.29
7.67
2.76% 43.72%
218.3M
572.4M
12.89% -84.82%
-1.1
0.38
-19.38% -489.49%
194.4M
117.7M
5.55% -40.92%
-19.71
1.65
12.54% 11.24%

Blackline Inc News

Latest updates
The Globe and Mail15 hours ago
MarketBeat22 May 202405:41 pm
Marketscreener.com21 May 202405:10 pm
StreetInsider.com21 May 202411:02 am

Blackline Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.1%157,461,000155,730,000150,708,000144,574,000138,984,000139,957,000134,268,000128,477,000120,236,000115,326,000109,402,000102,122,00098,856,00095,710,00090,157,00083,272,00082,598,00080,258,00074,925,00069,664,00064,129,000
Gross Profit0.2%118,364,000118,118,000113,914,000107,458,000103,713,000106,594,000101,842,00095,554,00089,563,00087,354,00084,965,00078,550,00076,966,00076,528,00073,175,00066,529,00066,533,00065,137,00059,633,00054,720,00050,511,000
Costs and Expenses10.7%116,616,000105,303,000114,988,00089,538,000119,026,000103,316,000123,261,000108,247,000114,927,000103,542,00079,014,00088,222,00095,671,00083,720,00075,211,00069,855,00073,870,00069,874,00067,494,00060,698,00059,834,000
  S&GA Expenses7.4%61,111,00056,898,00061,576,00062,749,00061,931,00066,295,00064,540,00066,000,00060,027,00056,210,00048,799,00049,182,00048,429,00045,382,00042,588,00041,826,00044,785,00043,949,00041,848,00037,192,00035,848,000
  R&D Expenses10.8%25,015,00022,578,00026,722,00026,802,00027,105,00028,022,00027,721,00027,902,00025,248,00020,711,00018,843,00018,795,00018,973,00018,041,00014,829,00011,847,00011,747,00010,312,00011,558,00010,829,00010,307,000
EBITDA Margin15.6%0.230.200.170.120.040.00-0.06-0.03-0.03-0.03-0.01-0.03---------
Interest Expenses-1.0%1,469,0001,484,0001,489,0001,470,0001,455,0001,464,0001,482,0001,457,0001,447,00016,363,00016,110,00015,668,00014,804,0005,971,0005,914,0005,741,0005,685,0005,644,0003,006,000--
Income Taxes-53.6%900,0001,938,500-2,005,000900,000628,000-639,000500,000-500,000-12,862,000212,500-200,000323,000-200,000-191,500600,000-41,000357,000869,000170,000283,000403,000
Earnings Before Taxes-40.2%15,639,00026,153,00011,467,00028,992,000-6,103,0009,831,000-18,514,000-12,435,000-26,293,000-32,263,000-9,928,000-25,253,000-33,415,000-12,803,000-7,302,000-7,982,000-10,613,000-7,843,000-8,706,000-5,244,000-8,628,000
EBT Margin31.8%0.140.100.080.03-0.05-0.09-0.18-0.17-0.21-0.24-0.20-0.20---------
Net Income-50.9%10,829,00022,069,00011,923,00030,849,000-12,008,00011,304,000-20,019,000-10,665,000-10,011,000-37,010,000-13,741,000-25,446,000-38,964,000-16,985,000-8,751,000-8,332,000-12,843,000-9,186,000-9,206,000-5,362,000-8,781,000
Net Income Margin38.9%0.120.090.070.02-0.06-0.06-0.16-0.15-0.19-0.27-0.23-0.23---------
Free Cashflow24.9%50,126,00040,143,00035,928,00023,398,00021,191,00024,522,00021,737,000132,000-1,352,00018,594,00013,599,00011,762,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.6%2,0892,1012,0161,9751,9331,9441,8781,8741,8701,8181,7501,7321,7091,1141,0471,0331,0111,015976524505
  Current Assets-0.3%1,4041,4071,3191,2841,2431,2501,1771,1721,1711,3481,3011,2871,267674754740721723689236219
    Cash Equivalents22.3%33227123620522320119120836654037964384836840847231112152863.0050.00
  Net PPE-12.1%13.0015.0015.0017.0019.0020.0021.0020.0016.0016.0013.0012.0013.0013.0011.0012.0013.0013.0013.0014.0014.00
  Goodwill0%449449449444444444444444444290290290290290105185185185185185185
Liabilities-1.9%1,7751,8101,7731,7731,7871,8081,7751,7711,7791,4641,3881,3771,351679622616608611575192180
  Current Liabilities-5.1%610643606355364368315328339323256260248242204203200207178175163
  Long Term Debt0.1%1,1421,1411,1401,3871,3861,3841,3831,3821,3801,1141,0981,0821,066407401395390384379--
    LT Debt, Current0.1%250249249------------------
    LT Debt, Non Current-100.0%-1,1411,1401,3871,3861,3841,3831,3821,3801,1141,0981,0821,066407401395390384379--
Shareholder's Equity7.3%28026121617611711278.0079.0066.00325341337340422417410396399394325318
  Retained Earnings6.7%-200-214-238-252-279-272-283-264-252-301-269-259-234-201-189-181-174-163-152-144-139
  Additional Paid-In Capital1.1%480475455429396386364344318626609596573623605590570561548471459
Shares Outstanding0.5%62.0062.0061.0061.0060.0060.0060.0059.0059.0058.0058.0058.00---------
Float----3,034---3,666---5,973---4,285---2,408-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations19.6%50.0042.0037.0025.0023.0026.0024.006.000.0022.0017.0012.0029.0015.0022.0010.009.008.0010.009.003.00
  Share Based Compensation6.0%19.0018.0020.0020.0020.0018.0021.0021.0016.0017.0017.0017.0015.0014.0013.0013.009.009.0010.008.006.00
Cashflow From Investing601.3%21.00-4.19-11.33-55.979.00-17.12-41.18-166-171133-281-220-138-62.83-87.84143181-42011.001.00-0.51
Cashflow From Financing-235.8%-10.92-3.256.0014.00-10.232.00-0.804.00-2.905.00-0.213.005917.002.008.001.004.004443.001.00
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BL Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Total revenues$ 157,461$ 138,984
Cost of revenues  
Total cost of revenues39,09735,271
Gross profit118,364103,713
Operating expenses  
Sales and marketing61,11161,931
Research and development25,01527,105
General and administrative30,04628,976
Restructuring costs4441,014
Total operating expenses116,616119,026
Income (loss) from operations1,748(15,313)
Other income (expense)  
Interest income15,36010,665
Interest expense(1,469)(1,455)
Other income, net13,8919,210
Income (loss) before income taxes15,639(6,103)
Provision for income taxes869628
Net income (loss)14,770(6,731)
Net income attributable to redeemable non-controlling interest43885
Adjustment attributable to redeemable non-controlling interest3,5035,192
Net income (loss) attributable to BlackLine, Inc.$ 10,829$ (12,008)
Basic net income (loss) per share attributable to BlackLine, Inc. (in usd per share)$ 0.18$ (0.20)
Shares used to calculate basic net income (loss) per share (in shares)61,64360,187
Diluted net income (loss) per share attributable to BlackLine, Inc. (in usd per share)$ 0.17$ (0.20)
Shares used to calculate diluted net income (loss) per share (in shares)72,89360,187
Subscription and support  
Revenues  
Total revenues$ 149,501$ 130,426
Cost of revenues  
Total cost of revenues32,05228,512
Professional services  
Revenues  
Total revenues7,9608,558
Cost of revenues  
Total cost of revenues$ 7,045$ 6,759

BL Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 331,401$ 271,117
Marketable securities (amortized cost of $913,653 and $932,850 at March 31, 2024 and December 31, 2023, respectively)913,453933,355
Accounts receivable, net of allowances of $4,308 and $5,064 at March 31, 2024 and December 31, 2023, respectively125,613171,608
Prepaid expenses and other current assets33,18931,244
Total current assets1,403,6561,407,324
Capitalized software development costs, net38,98237,828
Property and equipment, net13,06514,867
Intangible assets, net73,86079,056
Goodwill448,965448,965
Operating lease right-of-use assets19,19619,173
Other assets91,16193,552
Total assets2,088,8852,100,765
Current liabilities:  
Accounts payable1,5568,623
Accrued expenses and other current liabilities47,13359,690
Deferred revenue, current306,855320,133
Finance lease liabilities, current525778
Operating lease liabilities, current4,2334,108
Convertible senior notes, net, current249,560249,233
Total current liabilities609,862642,565
Finance lease liabilities, noncurrent04
Operating lease liabilities, noncurrent15,36015,738
Convertible senior notes, net, noncurrent1,141,6661,140,608
Deferred tax liabilities, net5,2516,394
Deferred revenue, noncurrent2,352904
Other long-term liabilities6603,608
Total liabilities1,775,1511,809,821
Commitments and contingencies (Note 12)
Redeemable non-controlling interest (Note 3)33,90030,063
Stockholders' equity:  
Common stock, $0.01 par value, 500,000,000 shares authorized, 61,802,503 and 61,515,105 issued and outstanding at March 31, 2024 and December 31, 2023, respectively618615
Additional paid-in capital480,175474,863
Accumulated other comprehensive income (loss)(489)205
Accumulated deficit(200,470)(214,802)
Total stockholders' equity279,834260,881
Total liabilities, redeemable non-controlling interest, and stockholders' equity$ 2,088,885$ 2,100,765
BL
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, California.
 CEO
 WEBSITEblackline.com
 INDUSTRYSoftware - Apps
 EMPLOYEES1814

Blackline Inc Frequently Asked Questions


What is the ticker symbol for Blackline Inc? What does BL stand for in stocks?

BL is the stock ticker symbol of Blackline Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Blackline Inc (BL)?

As of Thu May 23 2024, market cap of Blackline Inc is 3.13 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BL stock?

You can check BL's fair value in chart for subscribers.

What is the fair value of BL stock?

You can check BL's fair value in chart for subscribers. The fair value of Blackline Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Blackline Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Blackline Inc a good stock to buy?

The fair value guage provides a quick view whether BL is over valued or under valued. Whether Blackline Inc is cheap or expensive depends on the assumptions which impact Blackline Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BL.

What is Blackline Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 23 2024, BL's PE ratio (Price to Earnings) is 41.35 and Price to Sales (PS) ratio is 5.14. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BL PE ratio will change depending on the future growth rate expectations of investors.