Is Blackline Stock a Good Investment?

Blackline Investment Advice

To provide specific investment advice or recommendations on Blackline stock, we recommend investors consider the following general factors when evaluating Blackline. This will help you to make an informed decision on whether to include Blackline in one of your diversified portfolios:

Examine Blackline's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Blackline's leadership team and their track record. Good management can help Blackline navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Application Software space and any emerging trends that could impact Blackline's business and its evolving consumer preferences.
Compare Blackline's performance and market position to its competitors. Analyze how Blackline is positioned in terms of product offerings, innovation, and market share.
Check if Blackline pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Blackline's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Blackline stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Blackline is a good investment.

Sell

Buy

Strong Buy

Macroaxis provides unbiased investment recommendation on Blackline that should be used to complement current analysts and expert consensus on Blackline. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Blackline is not overpriced, please confirm all Blackline fundamentals, including its operating margin, price to earning, net income, as well as the relationship between the shares owned by insiders and revenue . Given that Blackline has a number of shares shorted of 4.89 M, we suggest you to validate Blackline market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	Solid	Details
Volatility	Very steady	Details
Hype Condition	Over hyped	Details
Current Valuation	Fairly Valued	Details
Odds Of Distress	Very Low	Details
Economic Sensitivity	Responds to the market	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Blackline Stock

Researching Blackline's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are held by institutions such as insurance companies. The company had not issued any dividends in recent years.

To determine if Blackline is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Blackline's research are outlined below:

	Over 98.0% of the company shares are held by institutions such as insurance companies
	Latest headline from gurufocus.com: BlackLine Recognized as a Leader in 2024 IDC MarketScape for Worldwide Accounts Receivable ...

Blackline Quarterly Accounts Payable

3.93 Million

Blackline uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Blackline. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Blackline's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	13th of February 2024 Upcoming Quarterly Report	View
	2nd of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	13th of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact Blackline's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Blackline's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2022-02-10	2021-12-31	0.1	0.08	-0.02	20
2019-02-14	2018-12-31	0.01	0.03	0.02	200
2018-08-02	2018-06-30	-0.01	0.01	0.02	200
2019-05-02	2019-03-31	-0.01	0.02	0.03	300
2017-05-04	2017-03-31	-0.09	-0.06	0.03	33
2018-02-15	2017-12-31	-0.0013	0.03	0.0313	2407
2018-05-03	2018-03-31	-0.03	0.01	0.04	133
2017-02-23	2016-12-31	-0.12	-0.08	0.04	33

Blackline Target Price Consensus

Blackline target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Blackline's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.

Buy

Most Blackline analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Blackline stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Blackline, talking to its executives and customers, or listening to those companies' conference calls.

Macroaxis Advice Exposure Valuation

Blackline Target Price Projection

Blackline's current and average target prices are 64.23 and 60.18, respectively. The current price of Blackline is the price at which Blackline is currently trading. On the other hand, Blackline's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Blackline Market Quote on 7th of December 2024

Low Price	63.18	Odds
High Price	64.43	Odds

64.23 Target Price

Analyst Consensus On Blackline Target Price

Low Estimate	54.76	Odds
High Estimate	66.8	Odds

60.18

Historical

Lowest Forecast 54.76

Target Price 60.18

Highest Forecast 66.8

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Blackline and the information provided on this page.

Blackline Analyst Ratings

Blackline's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Blackline stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Blackline's financials, market performance, and future outlook by experienced professionals. Blackline's historical ratings below, therefore, can serve as a valuable tool for investors.

Know Blackline's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Blackline is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Blackline backward and forwards among themselves. Blackline's institutional investor refers to the entity that pools money to purchase Blackline's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Geneva Capital Management	2024-09-30	895.8 K
Morgan Stanley - Brokerage Accounts	2024-09-30	796.2 K
Bank Of America Corp	2024-06-30	751.2 K
Dimensional Fund Advisors, Inc.	2024-09-30	663.5 K
Northern Trust Corp	2024-09-30	648.9 K
Tensile Capital Management Llc	2024-09-30	636 K
Engaged Capital Llc	2024-09-30	609.7 K
Capital World Investors	2024-09-30	595 K
Bank Of New York Mellon Corp	2024-09-30	581.1 K
Blackrock Inc	2024-06-30	8.5 M
Vanguard Group Inc	2024-09-30	7.2 M

Note, although Blackline's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Blackline's market capitalization trends

The company currently falls under 'Mid-Cap' category with a market capitalization of 3.93 B.

Market Cap

924.54 Million

Blackline's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.03	0.04
Return On Capital Employed	0.01	0.01
Return On Assets	0.03	0.03
Return On Equity	0.20	0.21

The company has Net Profit Margin (PM) of 0.2 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.05 %, which signifies that for every $100 of sales, it has a net operating income of $0.05.

Determining Blackline's profitability involves analyzing its financial statements and using various financial metrics to determine if Blackline is a good buy. For example, gross profit margin measures Blackline's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Blackline's profitability and make more informed investment decisions.

Blackline's Earnings Breakdown by Geography

Evaluate Blackline's management efficiency

Return On Tangible Assets is expected to rise to 0.04 this year. Return On Capital Employed is expected to rise to 0.01 this year. At this time, Blackline's Debt To Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.03 this year, although the value of Net Tangible Assets are projected to rise to (368.5 M). Blackline's management efficiency ratios could be used to measure how well Blackline manages its routine affairs as well as how well it operates its assets and liabilities.

	Last Reported	Projected for Next Year
Book Value Per Share	4.78	6.17
Tangible Book Value Per Share	(4.52)	(4.29)
Enterprise Value Over EBITDA	42.39	44.51
Price Book Value Ratio	14.56	9.25
Enterprise Value Multiple	42.39	44.51
Price Fair Value	14.56	9.25
Enterprise Value	1.5 B	922.9 M

The decision-making processes within Blackline are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.

Beta

0.896

Basic technical analysis of Blackline Stock

As of the 7th of December, Blackline shows the risk adjusted performance of 0.1754, and Mean Deviation of 1.33. Blackline technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Blackline jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Blackline is priced correctly, providing market reflects its regular price of 64.23 per share. Given that Blackline has jensen alpha of 0.1937, we suggest you to validate Blackline's prevailing market performance to make sure the company can sustain itself at a future point.

Blackline's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Blackline insiders, such as employees or executives, is commonly permitted as long as it does not rely on Blackline's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Blackline insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Owen Ryan few days ago Disposition of 150 shares by Owen Ryan of Blackline subject to Rule 16b-3
		Yamamoto Mika over three weeks ago Disposition of 200 shares by Yamamoto Mika of Blackline at 62.1 subject to Rule 16b-3
		Yoran Amit over a month ago Acquisition by Yoran Amit of 3390 shares of Blackline subject to Rule 16b-3
		Morgan-prager Karole over a month ago Acquisition by Morgan-prager Karole of 19781 shares of Blackline at 14.0 subject to Rule 16b-3
		Morgan-prager Karole over a month ago Disposition of 19781 shares by Morgan-prager Karole of Blackline at 14.0 subject to Rule 16b-3
		Morgan-prager Karole over a month ago Disposition of 27 shares by Morgan-prager Karole of Blackline at 14.0 subject to Rule 16b-3
		Mark Partin over two months ago Disposition of 3033 shares by Mark Partin of Blackline at 14.0 subject to Rule 16b-3
		Morgan-prager Karole over three months ago Disposition of 775 shares by Morgan-prager Karole of Blackline at 51.59 subject to Rule 16b-3
		Whye Barbara over three months ago Disposition of 5378 shares by Whye Barbara of Blackline at 52.01 subject to Rule 16b-3
		Patrick Villanova over three months ago Disposition of 1506 shares by Patrick Villanova of Blackline at 57.45 subject to Rule 16b-3
		Duan Jimmy C over six months ago Acquisition by Duan Jimmy C of 2000 shares of Blackline at 47.725 subject to Rule 16b-3
		Morgan-prager Karole over six months ago Acquisition by Morgan-prager Karole of 26200 shares of Blackline subject to Rule 16b-3

Blackline's Outstanding Corporate Bonds

Blackline issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Blackline uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Blackline bonds can be classified according to their maturity, which is the date when Blackline has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	Boeing Co 2196 Corp Bond US097023DG73	View
	MPLX LP 4875 Corp Bond US55336VAG59	View
	MPLX LP 4125 Corp Bond US55336VAK61	View
	MPLX LP 52 Corp Bond US55336VAL45	View

View All Blackline Corporate Bonds

Understand Blackline's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Blackline's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.1754
	Market Risk Adjusted Performance	0.2653
	Mean Deviation	1.33
	Semi Deviation	1.26
	Downside Deviation	1.61
	Coefficient Of Variation	438.38
	Standard Deviation	1.73
	Variance	3.0
	Information Ratio	0.1491
	Jensen Alpha	0.1937
	Total Risk Alpha	0.0896
	Sortino Ratio	0.1607
	Treynor Ratio	0.2553
	Maximum Drawdown	7.65
	Value At Risk	(2.19)
	Potential Upside	3.61
	Downside Variance	2.58
	Semi Variance	1.58
	Expected Short fall	(1.43)
	Skewness	0.4574
	Kurtosis	0.6814

	Risk Adjusted Performance	0.1754
	Market Risk Adjusted Performance	0.2653
	Mean Deviation	1.33
	Semi Deviation	1.26
	Downside Deviation	1.61
	Coefficient Of Variation	438.38
	Standard Deviation	1.73
	Variance	3.0
	Information Ratio	0.1491
	Jensen Alpha	0.1937
	Total Risk Alpha	0.0896
	Sortino Ratio	0.1607
	Treynor Ratio	0.2553
	Maximum Drawdown	7.65
	Value At Risk	(2.19)
	Potential Upside	3.61
	Downside Variance	2.58
	Semi Variance	1.58
	Expected Short fall	(1.43)
	Skewness	0.4574
	Kurtosis	0.6814

Consider Blackline's intraday indicators

Blackline intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Blackline stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	8785.43
	Daily Balance Of Power	1.056
	Rate Of Daily Change	1.02
	Day Median Price	63.81
	Day Typical Price	63.95
	Price Action Indicator	1.09
	Period Momentum Indicator	1.32
	Relative Strength Index	82.85

Blackline Corporate Filings

F4	4th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
8K	19th of November 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
13A	12th of November 2024 An amended filing to the original Schedule 13G	View Verify
10Q	8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations	View Verify

Blackline time-series forecasting models is one of many Blackline's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Blackline's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Blackline Stock media impact

Far too much social signal, news, headlines, and media speculation about Blackline that are available to investors today. That information is available publicly through Blackline media outlets and privately through word of mouth or via Blackline internal channels. However, regardless of the origin, that massive amount of Blackline data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Blackline news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Blackline relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Blackline's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Blackline alpha.

Blackline Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Blackline can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Blackline Historical Investor Sentiment

Investor biases related to Blackline's public news can be used to forecast risks associated with an investment in Blackline. The trend in average sentiment can be used to explain how an investor holding Blackline can time the market purely based on public headlines and social activities around Blackline. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Blackline's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Blackline and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Blackline news discussions. The higher the estimate score, the more favorable the investor's outlook on Blackline.

Blackline Maximum Pain Price across 2024-12-20 Option Contracts

Blackline's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Blackline close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Blackline's options.