Disposition of 37479 shares by Morgan-prager Karole of Blackline at 14.0 subject to Rule 16b-3
BL Stock | USD 60.46 0.01 0.02% |
About 55% of Blackline's investor base is interested to short. The analysis of the overall prospects from investing in Blackline suggests that many traders are, at the present time, impartial. Blackline's investing sentiment shows overall attitude of investors towards Blackline.
Blackline |
Filed transaction by Blackline Officer: Chief Legal And Administrative. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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Blackline Fundamental Analysis
We analyze Blackline's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackline using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackline based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Blackline is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Blackline Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Blackline stock to make a market-neutral strategy. Peer analysis of Blackline could also be used in its relative valuation, which is a method of valuing Blackline by comparing valuation metrics with similar companies.
Peers
Blackline Related Equities
MANH | Manhattan Associates | 1.55 | ||||
PEGA | Pegasystems | 1.50 | ||||
FROG | Jfrog | 0.84 | ||||
PYCR | Paycor HCM | 0.18 | ||||
JAMF | Jamf Holding | 0.14 | ||||
ADEA | ADEIA P | 0.15 | ||||
AZPN | Aspen Technology | 0.23 | ||||
PRO | PROS Holdings | 0.25 | ||||
ALKT | Alkami Technology | 0.28 | ||||
PCOR | Procore Technologies | 0.55 | ||||
GBTG | Global Business | 0.56 | ||||
QTWO | Q2 Holdings | 0.59 | ||||
DV | DoubleVerify Holdings | 0.80 | ||||
ANSS | ANSYS | 0.83 | ||||
WK | Workiva | 3.07 | ||||
AGYS | Agilysys | 3.59 | ||||
APPF | Appfolio | 4.07 |
Check out Blackline Hype Analysis, Blackline Correlation and Blackline Performance. For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Application Software space 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.
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 if Blackline is a good investment 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.