First Time Loading...

Blackline Inc
NASDAQ:BL

Watchlist Manager
Blackline Inc Logo
Blackline Inc
NASDAQ:BL
Watchlist
Price: 56.73 USD 0.07%
Updated: Mar 1, 2024

Intrinsic Value

BlackLine, Inc. operates a cloud-based software platform which is designed to transform accounting and finance operations for organizations of all types and sizes. [ Read More ]

The intrinsic value of one BL stock under the Base Case scenario is 50.95 USD. Compared to the current market price of 56.73 USD, Blackline Inc is Overvalued by 10%.

Key Points:
BL Intrinsic Value
Base Case
50.95 USD
Overvaluation 10%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Blackline Inc

Backtest BL Intrinsic Value
Dive into the past to invest in the future

Run backtest to discover the historical profit from buying and selling BL stocks based on their intrinsic value.

Analyze the historical link between intrinsic value and market price to make more informed investment decisions.

Run Backtest
Settings
Valuation Methods
Buy/Sell Thresholds
Buy When:
%
Sell When:
%
B
S
Run Backtest
How does it work?

Fundamental Analysis

BlackLine Q1 2024 Guidance Amid Market Headwinds
2023-Q4 Earnings Call

BlackLine Q1 2024 Guidance Amid Market Headwinds

In Q1 2024, BlackLine anticipates revenue growth of 11% to 12%, with total GAAP revenue between $154 million and $156 million. The company projects a non-GAAP operating margin of 15% to 16%, and non-GAAP net income ranging from $34 million to $36 million, translating to $0.25 to $0.28 per share based on an estimated share count of around 75.8 million diluted weighted average shares. BlackLine is not expecting significant improvements in the market environment but remains cautiously optimistic. In 2024, they foresee a shift towards a partner-powered approach, leading to a one point headwind in total revenue growth with service revenue flat to down mid-single digits from the previous year. The firm ended the previous quarter with over $1.2 billion in cash and securities, and is debuting non-GAAP operating margin as a new guidance metric to provide a clearer picture of their profitable growth journey.

Financials

Balance Sheet Decomposition
Blackline Inc

Current Assets 1.4B
Cash & Short-Term Investments 1.2B
Receivables 171.6m
Other Current Assets 31.2m
Non-Current Assets 693.4m
PP&E 34m
Intangibles 565.8m
Other Non-Current Assets 93.6m
Current Liabilities 642.6m
Accounts Payable 8.6m
Accrued Liabilities 54.4m
Other Current Liabilities 579.6m
Non-Current Liabilities 1.2B
Long-Term Debt 1.1B
Other Non-Current Liabilities 56.7m
Efficiency
Fundamental Scores

BL Profitability Score
Profitability Due Diligence

Blackline Inc's profitability score is 48/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
ROE is Increasing
Positive Free Cash Flow
Positive 3-Years Revenue Growth
48/100
Profitability
Score

Blackline Inc's profitability score is 48/100. The higher the profitability score, the more profitable the company is.

BL Solvency Score
Solvency Due Diligence

Blackline Inc's solvency score is 53/100. The higher the solvency score, the more solvent the company is.

High Interest Coverage
Short-Term Solvency
Negative Net Debt
Long-Term Solvency
53/100
Solvency
Score

Blackline Inc's solvency score is 53/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

BL Price Targets Summary
Blackline Inc

Wall Street analysts forecast BL stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for BL is 62.22 USD with a low forecast of 50.5 USD and a high forecast of 85.05 USD.

Lowest
Price Target
50.5 USD
11% Downside
Average
Price Target
62.22 USD
10% Upside
Highest
Price Target
85.05 USD
50% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

BL Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

BL Price
Blackline Inc

1M 1M
-6%
6M 6M
-3%
1Y 1Y
-18%
3Y 3Y
-56%
5Y 5Y
+9%
10Y 10Y
+139%
Annual Price Range
56.73
52w Low
48.07
52w High
70.51
Price Metrics
Average Annual Return 22.58%
Standard Deviation of Annual Returns 81.06%
Max Drawdown -68%
Shares Statistics
Market Capitalization 3.5B USD
Shares Outstanding 61 269 800
Percentage of Shares Shorted 3.65%

BL Return Decomposition
Main factors of price return

What is price return decomposition?

BL News

Other Videos

Company Profile

Blackline Inc Logo
Blackline Inc

Country

United States of America

Industry

Technology

Market Cap

3.5B USD

Dividend Yield

0%

Description

BlackLine, Inc. operates a cloud-based software platform which is designed to transform accounting and finance operations for organizations of all types and sizes. The company is headquartered in Woodland Hills, California and currently employs 1,557 full-time employees. The company went IPO on 2016-10-28. The firm provides financial accounting close solutions delivered primarily as Software as a Service (SaaS). The firm's solutions enable its customers to address various aspects of their financial close process including variance analysis of account balances, journal entry capabilities, and certain types of data matching capabilities. Its cloud-based products include Account Reconciliations, Transaction Matching, Task Management, Journal Entry, Variance Analysis, Consolidation Integrity Manager, Compliance, Cash Application, Credit & Risk Management, Collections Management, Disputes & Deductions, Team & Task Management, AR Intelligence, Intercompany Workflow, Intercompany Processing, and Netting and Settlement. These products are offered to customers as solutions that support accounting processes, such as account reconciliations, intercompany accounting and compliance.

Contact

CALIFORNIA
Woodland Hills
21300 Victory Blvd Fl 12
+18182239008.0
https://www.blackline.com/

IPO

2016-10-28

Employees

1 557

Officers

Chairman of the Board & Co-CEO
Mr. Owen M. Ryan
Founder, Executive Director & Co-CEO
Ms. Therese Tucker
CFO & Treasurer
Mr. Mark W. Partin
Chief Legal & Administrative Officer and Secretary
Ms. Karole Morgan-Prager
Advisor
Mr. Marc E. Huffman
Chief Revenue Officer
Mr. Mark Woodhams
Show More
Chief Accounting Officer & Controller
Mr. Patrick Villanova
Chief Information Officer
Mr. Sumit Johar
Vice President of Investor Relations
Mr. Matt Humphries C.F.A.
Vice President of Global Corporate Communications
Ms. Kimberly Uberti
Show Less

See Also

Discover More
What is the Intrinsic Value of one BL stock?

The intrinsic value of one BL stock under the Base Case scenario is 50.95 USD.

Is BL stock undervalued or overvalued?

Compared to the current market price of 56.73 USD, Blackline Inc is Overvalued by 10%.