Blackline Stock Today

BL Stock  USD 49.26  0.15  0.31%   

Performance

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Odds Of Distress

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Blackline is selling for 49.26 as of the 25th of February 2025. This is a 0.31 percent increase since the beginning of the trading day. The stock's lowest day price was 48.18. Blackline has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on July 9, 2021, Representative Tom Malinowski of US Congress acquired $15k to $50k worth of Blackline's common stock.
Business Domain
Software & Services
IPO Date
28th of October 2016
Category
Technology
Classification
Information Technology
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. The company has 62.81 M outstanding shares of which 4.74 M shares are currently sold short in the market by investors with about 8.38 days to cover all shorted shares. More on Blackline

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Follow Valuation Options Odds of Bankruptcy
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Blackline Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorMarc Huffman
Thematic IdeaBusiness Services (View all Themes)
Business ConcentrationApplication Software, Software - Application, Information Technology, ISE Cloud Computing, SP Small-Cap 600, NASDAQ Composite, Business Services, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Debt Levels
Blackline can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Blackline's financial leverage. It provides some insight into what part of Blackline's total assets is financed by creditors.
Liquidity
Blackline reports 916.6 M of total liabilities. Blackline has a current ratio of 3.67, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Blackline to invest in growth at high rates of return.

Total Cashflows From Investing Activities

(338.25 Million)
Blackline (BL) is traded on NASDAQ Exchange in USA. It is located in 21300 Victory Boulevard, Woodland Hills, CA, United States, 91367 and employs 1,830 people. Blackline is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 3.09 B. Blackline is active under Software sector as part of Information Technology industry. The entity has 62.81 M outstanding shares of which 4.74 M shares are currently sold short in the market by investors with about 8.38 days to cover all shorted shares. Blackline reports about 1.05 B in cash with 190.84 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.5.
Check Blackline Probability Of Bankruptcy
Ownership Allocation
Blackline holds a total of 62.81 Million outstanding shares. The majority of Blackline outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Blackline to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Blackline. Please pay attention to any change in the institutional holdings of Blackline as this could imply that something significant has changed or is about to change at the company. On July 9, 2021, Representative Tom Malinowski of US Congress acquired $15k to $50k worth of Blackline's common stock.
Check Blackline Ownership Details

Blackline Stock Institutional Holders

InstituionRecorded OnShares
American Century Companies Inc2024-12-31
896.7 K
Geneva Capital Management2024-12-31
877 K
Hawk Ridge Management Llc2024-12-31
873.8 K
Bank Of America Corp2024-12-31
806.7 K
Brown Advisory Holdings Inc2024-12-31
783.4 K
Northern Trust Corp2024-12-31
745.4 K
Tensile Capital Management Llc2024-12-31
741 K
Dimensional Fund Advisors, Inc.2024-12-31
721.8 K
Goldman Sachs Group Inc2024-12-31
654.7 K
Blackrock Inc2024-12-31
M
Vanguard Group Inc2024-12-31
7.2 M
View Blackline Diagnostics

Blackline Historical Income Statement

At this time, Blackline's Net Income is quite stable compared to the past year. Depreciation And Amortization is expected to rise to about 60.5 M this year, although the value of Total Operating Expenses will most likely fall to about 272.1 M. View More Fundamentals

Blackline Stock Against Markets

Blackline Corporate Management

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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.
Quarterly Earnings Growth
1.436
Earnings Share
1.45
Revenue Per Share
10.516
Quarterly Revenue Growth
0.088
Return On Assets
0.0065
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.