Blackline Stock Analysis

BL
 Stock
  

USD 68.00  0.31  0.46%   

The modest gains experienced by current holders of Blackline could raise concerns from stakeholders as the firm is trading at a share price of 68.00 on 61,214 in volume. The company directors and management have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in November. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.57. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the Blackline partners.
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The Blackline stock analysis report makes it easy to digest most publicly released information about Blackline and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Blackline Stock analysis module also helps to analyze the Blackline price relationship with some important fundamental indicators such as market cap and management efficiency.

Blackline Stock Analysis Notes

About 92.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 1.47. Blackline had not issued any dividends in recent years. BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California. Blackline operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1915 people. For more info on Blackline please contact Marc Huffman at 818 223 9008 or go to https://www.blackline.com.

Blackline Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Blackline's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Blackline or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Blackline has very high historical volatility over the last 90 days
The company generated the yearly revenue of 425.71 M. Annual Net Loss to common stockholders was (115.16 M) with gross profit of 327.83 M.
Over 92.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Payment of 497 shares by Patrick Villanova of Blackline subject to Rule 16b-3

Blackline Upcoming and Recent Events

Earnings reports are used by Blackline to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Blackline 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.
Upcoming Quarterly Report10th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End10th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Blackline Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-02-10
2021-12-310.10.08-0.0220 
2019-02-14
2018-12-310.010.030.02200 
2018-08-02
2018-06-30-0.010.010.02200 
View All Earnings Estimates

Blackline SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Blackline prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Blackline investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Blackline specific information freely available to individual and institutional investors to make a timely investment decision.
4th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
13th of May 2022
Submission of Matters to a Vote of Security Holders
View
5th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
23rd of February 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
11th of February 2022
Unclassified Corporate Event
View
10th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
9th of February 2022
Unclassified Corporate Event
View

Blackline Market Capitalization

The company currently falls under 'Mid-Cap' category with market capitalization of 3.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Blackline's market, we take the total number of its shares issued and multiply it by Blackline's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Blackline Profitablity

Blackline's profitability indicators refer to fundamental financial ratios that showcase Blackline's ability to generate income relative to its revenue or operating costs. If, let's say, Blackline is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Blackline's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Blackline's profitability requires more research than a typical breakdown of Blackline's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of (0.16) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of (0.14) %, which signifies that for every 100 dollars of sales, it has a net operating loss of 0.0.
Last ReportedProjected for 2022
Return on Investment(3.40) (3.67) 
Return on Average Assets(7.86) (8.48) 
Return on Average Equity(30.83) (33.26) 
Return on Invested Capital(0.032) (0.0345) 
Return on Sales(0.12) (0.13) 

Management Efficiency

The entity has Return on Asset (ROA) of (0.0248) % which means that for every 100 dollars spent on asset, it generated loss of $0.0248. This is way below average. Likewise, it shows return on total equity (ROE) of (0.3304) %, which implies that it produced no returns to current stockholders. Blackline 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. The value of Return on Investment is estimated to pull down to -3.67. The value of Return on Average Assets is estimated to pull down to -8.48. Blackline Net Current Assets as percentage of Total Assets are relatively stable at the moment as compared to the past year. The company's current value of Net Current Assets as percentage of Total Assets is estimated at 60.85. Asset Turnover is expected to hike to 0.36 this year, although the value of Goodwill and Intangible Assets will most likely fall to nearly 333.7 M.
Last ReportedProjected for 2022
Book Value per Share 5.57  6.39 
Enterprise Value over EBIT(131.00) (141.34) 
Enterprise Value over EBITDA(332.74) (341.50) 
Price to Book Value 18.68  15.75 
Tangible Assets Book Value per Share 25.16  27.15 
Enterprise Value6.8 B5.8 B
Tangible Asset Value1.5 B1.6 B

Technical Drivers

As of the 1st of December, Blackline shows the mean deviation of 3.18, and Risk Adjusted Performance of 0.0415. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Blackline, which can be compared to its rivals. 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 68.0 per share. Given that Blackline has jensen alpha of (0.035474), we suggest you to validate Blackline's prevailing market performance to make sure the company can sustain itself at a future point.

Blackline Price Movement Analysis

The output start index for this execution was three with a total number of output elements of fifty-eight. Blackline Triple Exponential Moving Average indicator shows smoothing effect of Blackline price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
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Blackline 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.
Patrick Villanova over a week ago via Macroaxis 
Payment of 497 shares by Patrick Villanova of Blackline subject to Rule 16b-3
Woodhams Mark over three weeks ago via Macroaxis 
Sale by Woodhams Mark of 41 shares of Blackline
Thomas Unterman over three weeks ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 500 shares of Blackline subject to Rule 16b-3
Thomas Unterman over a month ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Woodhams Mark over three months ago via Macroaxis 
Payment of 3507 shares by Woodhams Mark of Blackline subject to Rule 16b-3
Thomas Unterman over three months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Thomas Unterman over three months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Thomas Unterman over six months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Thomas Unterman over six months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Woodhams Mark over six months ago via Macroaxis 
Acquisition by Woodhams Mark of 19570 shares of Blackline subject to Rule 16b-3
Thomas Unterman over six months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Thomas Unterman over six months ago via Macroaxis 
Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3

Blackline Predictive Daily 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.

Blackline Forecast Models

Blackline time-series forecasting models is one of many Blackline's stock analysis techniquest 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.

About Blackline Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Blackline prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Blackline shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Blackline. By using and applying Blackline Stock analysis, traders can create a robust methodology for identifying Blackline entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(9.07) (9.78) 
EBITDA Margin(7.29) (7.86) 
Gross Margin 77.01  72.50 
Profit Margin(27.05) (29.19) 

Current Blackline Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Blackline analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Blackline analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
137.3Buy10Odds
Blackline current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Blackline analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Blackline stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Blackline, talking to its executives and customers, or listening to Blackline conference calls.
Blackline Analyst Advice Details

Blackline Stock Analysis Indicators

Blackline stock analysis indicators help investors evaluate how Blackline stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Blackline shares will generate the highest return on investment. By understating and applying Blackline stock analysis, traders can identify Blackline position entry and exit signals to maximize returns.
Begin Period Cash Flow367913000.00
Logo U R LimglogosUSBL.png
Common Stock Shares Outstanding56832000.00
Total Stockholder Equity325036000.00
DescriptionBlackLine, 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
Total Cashflows From Investing Activities-506941000.00
Tax Provision135000.00
Property Plant And Equipment Net32585000.00
Warrants28699000.00
Retained Earnings-301735000.00
Cash And Short Term Investments1198703000.00
Retained Earnings Total Equity-301735000.00
Cash539739000.00
CodeBL
Accounts Payable7471000.00
Net Debt593881000.00
50 Day M A59.5112
Total Current Liabilities322577000.00
Currency CodeUSD
Other Operating Expenses464320000.00
Non Current Assets Total469890000.00
Forward Price Earnings136.9863
Common Stock Total Equity590000.00
Non Currrent Assets Other87853000.00
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When running Blackline price analysis, check to measure Blackline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
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Is Blackline's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackline. If investors know Blackline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
3.9 B
Quarterly Revenue Growth YOY
0.23
Return On Assets
(0.0248) 
Return On Equity
(0.33) 
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackline's market value can be influenced by many factors that don't directly affect Blackline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine Blackline value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.