Lowest-Rated StocksLowest-RatedMost-Downgraded StocksMost-DowngradedNASDAQ:BL BlackLine (BL) Stock Price, News & Analysis → Bombshell 2024 election documentary (From Porter & Company) (Ad) Free BL Stock Alerts $64.58 +0.95 (+1.49%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$63.64▼$65.2550-Day Range$56.27▼$68.6552-Week Range$47.26▼$69.31Volume646,688 shsAverage Volume1.72 million shsMarket Capitalization$3.97 billionP/E RatioN/ADividend YieldN/APrice Target$61.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get BlackLine alerts: Email Address BlackLine MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.3% Downside$61.80 Price TargetShort InterestBearish7.65% of Float Sold ShortDividend StrengthN/ASustainability-0.62Upright™ Environmental ScoreNews Sentiment0.71Based on 12 Articles This WeekInsider TradingSelling Shares$349,185 Sold Last QuarterProj. Earnings Growth3.92%From $1.02 to $1.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.59 out of 5 starsComputer And Technology Sector347th out of 588 stocksPrepackaged Software Industry128th out of 200 stocks 2.0 Analyst's Opinion Consensus RatingBlackLine has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 5 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $61.80, BlackLine has a forecasted downside of 4.3% from its current price of $64.58.Amount of Analyst CoverageBlackLine has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.65% of the float of BlackLine has been sold short.Short Interest Ratio / Days to CoverBlackLine has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in BlackLine has recently increased by 65.52%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBlackLine does not currently pay a dividend.Dividend GrowthBlackLine does not have a long track record of dividend growth. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBlackLine has received a 28.10% net impact score from Upright. BlackLine seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Procurement data analysis and optimisation software", "Enterprise systems integration software", and "Accounting software" products. See details.Environmental SustainabilityThe Environmental Impact score for BlackLine is -0.62. Previous Next 2.6 News and Social Media Coverage News SentimentBlackLine has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 12 news articles for BlackLine this week, compared to 5 articles on an average week.Search InterestOnly 1 people have searched for BL on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added BlackLine to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BlackLine insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $349,185.00 in company stock.Percentage Held by InsidersOnly 9.93% of the stock of BlackLine is held by insiders.Percentage Held by Institutions95.13% of the stock of BlackLine is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for BlackLine are expected to grow by 3.92% in the coming year, from $1.02 to $1.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BlackLine is -645.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of BlackLine is -645.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioBlackLine has a PEG Ratio of 11.31. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBlackLine has a P/B Ratio of 15.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyBombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.All the facts are here. About BlackLine Stock (NASDAQ:BL)BlackLine, 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 a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company's also provides journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers blackline cash application, and credit and risk, collections, disputes and deductions, and team and task management, as well as AR intelligence solutions and electronic invoicing and compliance. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization's intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.Read More BL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BL Stock News HeadlinesMarch 29, 2024 | americanbankingnews.comBlackLine, Inc. (NASDAQ:BL) Short Interest UpdateMarch 28, 2024 | forbes.comWhy The Chief Accounting Officer Role Is Getting More StrategicMarch 29, 2024 | Porter & Company (Ad)Bombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.March 28, 2024 | techrepublic.com6 Best Bank Reconciliation Software in 2024March 28, 2024 | seekingalpha.comBLKLF Blackline Safety Corp.March 28, 2024 | americanbankingnews.comBlackLine (NASDAQ:BL) Given New $66.00 Price Target at CitigroupMarch 25, 2024 | americanbankingnews.comBlackLine, Inc. (NASDAQ:BL) Receives Consensus Rating of "Hold" from AnalystsMarch 19, 2024 | americanbankingnews.comBlackLine (NASDAQ:BL) Receives New Coverage from Analysts at Wolfe ResearchMarch 29, 2024 | Porter & Company (Ad)Bombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.March 18, 2024 | markets.businessinsider.com10 Analysts Assess BlackLine: What You Need To KnowMarch 18, 2024 | prnewswire.comCamille Drummond Joins BlackLine Board of DirectorsMarch 15, 2024 | tmcnet.comBlackline Safety Reports Fiscal First Quarter 2024 Results - Revenue Up 25% Year-Over-YearMarch 14, 2024 | finance.yahoo.comIndustry-leading Customers bp, Marshalls PLC, and Trivium Packaging, Plus Deloitte, EY, and SAP Speaking at BeyondTheBlack™ Europe 2024March 13, 2024 | finance.yahoo.comBlackline Safety Corp.'s (TSE:BLN) CEO Compensation Looks Acceptable To Us And Here's WhyMarch 12, 2024 | edition.cnn.comBlackLine, Inc.March 4, 2024 | finance.yahoo.comWhy Are BlackLine (BL) Shares Soaring TodayMarch 1, 2024 | ca.finance.yahoo.comAtkins, Blackline at 52-Week Highs on NewsFebruary 28, 2024 | prnewswire.comBlackLine Adds 1,000th Modern Accounting Playbook (MAP) CustomerFebruary 27, 2024 | ca.finance.yahoo.comBlackLine, Inc. (BL) Stock Price, News, Quote & History - Yahoo FinanceFebruary 27, 2024 | finanznachrichten.deSensiba LLP: BlackLine Names Sensiba 2023 Americas Newcomer PartnerFebruary 26, 2024 | globenewswire.comBlackLine Announces Participation in Upcoming Investor ConferencesFebruary 24, 2024 | msn.comSurvey says many executives don’t trust their companies' financial data | Samuel FrenchFebruary 24, 2024 | msn.comBlackline Safety (BLKLF) Price Target Increased by 12.45% to 4.07February 23, 2024 | finance.yahoo.comBlackLine Inc Chief Revenue Officer Mark Woodhams Sells 3,208 SharesFebruary 21, 2024 | finance.yahoo.comBlackLine Named to G2's Annual Best Accounting & Finance Software List for the 5th Year in a RowFebruary 21, 2024 | prnewswire.comBlackLine Named to G2's Annual Best Accounting & Finance Software List for the 5th Year in a RowFebruary 16, 2024 | seekingalpha.comBlackLine: Subsequent Guidance Raise Could Be A Potential CatalystSee More Headlines Receive BL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BlackLine and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/13/2024Today3/29/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:BL CUSIPN/A CIK1666134 Webwww.blackline.com Phone(818) 223-9008FaxN/AEmployees1,750Year FoundedN/APrice Target and Rating Average Stock Price Target$61.80 High Stock Price Target$81.00 Low Stock Price Target$52.00 Potential Upside/Downside-4.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($0.10) Trailing P/E RatioN/A Forward P/E Ratio63.31 P/E Growth11.31Net Income$58.17 million Net Margins-1.50% Pretax Margin10.26% Return on Equity2.15% Return on Assets0.21% Debt Debt-to-Equity Ratio4.37 Current Ratio2.19 Quick Ratio2.19 Sales & Book Value Annual Sales$590 million Price / Sales6.73 Cash Flow$1.45 per share Price / Cash Flow44.63 Book Value$4.26 per share Price / Book15.16Miscellaneous Outstanding Shares61,520,000Free Float55,411,000Market Cap$3.97 billion OptionableOptionable Beta0.85 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Owen M. Ryan (Age 60)Chairman of the Board & Co-CEO Comp: $83.12kMs. Therese Tucker (Age 63)Founder, Executive Director & Co-CEO Comp: $551.57kMr. Mark W. Partin (Age 56)CFO & Treasurer Comp: $652.55kMs. Karole Morgan-Prager (Age 61)Chief Legal & Administrative Officer and Secretary Comp: $577.46kMr. Marc E. Huffman (Age 53)Advisor Comp: $916.07kMr. Mark Woodhams (Age 61)Chief Revenue Officer Comp: $731.88kMr. Patrick VillanovaChief Accounting Officer & ControllerMr. Sumit JoharChief Information OfficerMr. Matt Humphries C.F.A.Vice President of Investor RelationsMs. Kimberly UbertiVice President of Global Corporate CommunicationsMore ExecutivesKey CompetitorsBlackbaudNASDAQ:BLKBTeradataNYSE:TDCBOXNYSE:BOXAlteryxNYSE:AYXClearwater AnalyticsNYSE:CWANView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 2,140 shares on 3/25/2024Ownership: 0.012%PNC Financial Services Group Inc.Sold 483 shares on 3/22/2024Ownership: 0.021%Vanguard Group Inc.Bought 79,649 shares on 3/11/2024Ownership: 10.953%Goldman Sachs Group Inc.Bought 34,411 shares on 3/1/2024Ownership: 0.319%Kevin B ThompsonSold 4,500 sharesTotal: $258,750.00 ($57.50/share)View All Insider TransactionsView All Institutional Transactions BL Stock Analysis - Frequently Asked Questions Should I buy or sell BlackLine stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackLine in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BL, but not buy additional shares or sell existing shares. View BL analyst ratings or view top-rated stocks. What is BlackLine's stock price target for 2024? 11 brokers have issued 1-year target prices for BlackLine's shares. Their BL share price targets range from $52.00 to $81.00. On average, they anticipate the company's share price to reach $61.80 in the next year. This suggests that the stock has a possible downside of 4.3%. View analysts price targets for BL or view top-rated stocks among Wall Street analysts. How have BL shares performed in 2024? BlackLine's stock was trading at $62.44 at the beginning of 2024. Since then, BL stock has increased by 3.4% and is now trading at $64.58. View the best growth stocks for 2024 here. Are investors shorting BlackLine? BlackLine saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,840,000 shares, an increase of 65.5% from the February 29th total of 2,320,000 shares. Based on an average daily trading volume, of 907,700 shares, the short-interest ratio is presently 4.2 days. Approximately 7.7% of the shares of the stock are short sold. View BlackLine's Short Interest. When is BlackLine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our BL earnings forecast. How were BlackLine's earnings last quarter? BlackLine, Inc. (NASDAQ:BL) released its quarterly earnings results on Tuesday, February, 13th. The technology company reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.28. The technology company earned $155.73 million during the quarter, compared to the consensus estimate of $154.24 million. BlackLine had a negative net margin of 1.50% and a positive trailing twelve-month return on equity of 2.15%. What ETFs hold BlackLine's stock? ETFs with the largest weight of BlackLine (NASDAQ:BL) stock in their portfolio include SPDR S&P Software & Services ETF (XSW) and Direxion Daily Cloud Computing Bull 2x (CLDL).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR). What guidance has BlackLine issued on next quarter's earnings? BlackLine issued an update on its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 2.010-2.140 for the period, compared to the consensus EPS estimate of 2.020. The company issued revenue guidance of $637.5 million-$649.5 million, compared to the consensus revenue estimate of $656.1 million. What is Marc Huffman's approval rating as BlackLine's CEO? 62 employees have rated BlackLine Chief Executive Officer Marc Huffman on Glassdoor.com. Marc Huffman has an approval rating of 90% among the company's employees. 85.0% of employees surveyed would recommend working at BlackLine to a friend. What other stocks do shareholders of BlackLine own? Based on aggregate information from My MarketBeat watchlists, some companies that other BlackLine investors own include Block (SQ), Walt Disney (DIS), Slack Technologies (WORK), NVIDIA (NVDA), Okta (OKTA), DocuSign (DOCU), Twilio (TWLO), Teladoc Health (TDOC), CrowdStrike (CRWD) and Zoom Video Communications (ZM). When did BlackLine IPO? BlackLine (BL) raised $120 million in an IPO on Friday, October 28th 2016. The company issued 8,600,000 shares at a price of $13.00-$15.00 per share. Goldman Sachs and J.P. Morgan acted as the underwriters for the IPO and Pacific Crest Securities (a division of KeyBanc Capital Markets), Raymond James, William Blair and Baird were co-managers. Who are BlackLine's major shareholders? BlackLine's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.00%), Vanguard Group Inc. (10.95%), Riverbridge Partners LLC (3.28%), Brown Advisory Inc. (3.10%), Riverbridge Partners LLC (3.09%) and Conestoga Capital Advisors LLC (2.31%). Insiders that own company stock include Graham Smith, Kevin B Thompson, Marc Huffman, Mark Partin, Mark Woodhams, Mika Yamamoto, Owen Ryan, Peter Hirsch, Therese Tucker and Thomas Unterman. View institutional ownership trends. How do I buy shares of BlackLine? Shares of BL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:BL) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 Media“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding BlackLine, Inc. 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