BlackLine, Inc. (BL)
Market Cap | 3.96B |
Revenue (ttm) | 639.61M |
Net Income (ttm) | 126.83M |
Shares Out | 62.49M |
EPS (ttm) | 0.98 |
PE Ratio | 64.71 |
Forward PE | 29.19 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 718,593 |
Open | 61.70 |
Previous Close | 62.51 |
Day's Range | 61.70 - 63.93 |
52-Week Range | 43.37 - 69.31 |
Beta | 0.91 |
Analysts | Hold |
Price Target | 66.00 (+4.05%) |
Earnings Date | Feb 11, 2025 |
About 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 jour... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for BL stock is "Hold." The 12-month stock price forecast is $66.0, which is an increase of 4.05% from the latest price.
News
BlackLine: Acceleration To Mid-Teens Revenue Growth Is Possible
I reiterate my buy rating for BlackLine due to its potential to accelerate growth to mid-teens, triggering an upward valuation rerating. BL's strategic shift towards larger enterprise customers and th...
BlackLine Recognized as a Leader in 2024 IDC MarketScape for Worldwide Accounts Receivable Automation Applications for the Enterprise
LOS ANGELES, Dec. 05, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ: BL), the future-ready platform for the Office of the CFO, today announced its designation as a Leader in the IDC MarketScape: Worldwid...
BlackLine Announces Participation in Upcoming Investor Conference
LOS ANGELES, Nov. 26, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conference:
BlackLine Launches Studio360 Platform to Drive Future-Ready Financial Operations for the Office of the CFO
LOS ANGELES, Nov. 19, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, today unveiled The BlackLine Studio360 Platform, a groundbreaking advancemen...
BlackLine Recognized as Most Innovative FinTech Solution by the 2024 Tech Ascension Awards
LOS ANGELES, Nov. 18, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, has been recognized as the Most Innovative FinTech Solution by the 2024 Tech...
BlackLine Welcomes Philippe Omer Decugis as Senior Vice President and General Manager for Europe
LOS ANGELES, Nov. 13, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announced the appointment of Philippe Omer Decugis as Senior Vice Pres...
BlackLine Announces Date for Investor Day
LOS ANGELES, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will host its upcoming Investor Day on November 19th, 2024 in Orlando, FL at 1:00pm ET. The event wi...
UPDATE - BlackLine Honors 2024 Modern Accounting Award Winners: ExxonMobil, Gonzaga University, Red Wing Shoes, Treasury Wine Estates, Aimbridge Hospitality, Delaware North, and Sound Community Bank
LOS ANGELES, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announced the winners of its 2024 Modern Accounting Awards. Now in its...
BlackLine Honors 2024 Modern Accounting Award Winners: ExxonMobil, Gonzaga University, Red Wing Shoes, Treasury Wine Estates, Ambridge Hospitality, Delaware North, and Sound Community Bank
LOS ANGELES, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announced the winners of its 2024 Modern Accounting Awards. Now in its...
BlackLine, Inc. (BL) Q3 2024 Earnings Call Transcript
BlackLine, Inc. (NASDAQ:BL) Q3 2024 Results Conference Call November 7, 2024 5:00 PM ET Company Participants Matt Humphries - Vice President of Investor Relations Owen Ryan - Co-Chief Executive Offic...
BlackLine Announces the Planned Retirement of Chief Financial Officer and Names Successor
LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced that after nearly 10 years as BlackLine's Chief Financial Officer, Mark Partin has decided to retire, effec...
BlackLine Announces Third Quarter Financial Results
LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the third quarter ended September 30, 2024.
BlackLine Is Expanding Net Profit Margins Fast
BlackLine, a financial automation software firm, targets enterprise customers, automating financial close processes to improve cash flows and financial reporting accuracy. Founded by Therese Tucker, B...
BlackLine Honored with Multiple Consecutive Industry Accolades
Digital finance transformation leader continues to make a significant impact with market-leading solutions and corporate social responsibility, earning 5th consecutive TrustRadius and G2 awards Digita...
BlackLine Announces Date for Third Quarter 2024 Earnings Release and Conference Call
LOS ANGELES, Oct. 24, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the third quarter ended September 30, 2024 after market close on ...
BlackLine Named a Leader in IDC MarketScape: Worldwide Office of the CFO Record to Report, 2024
LOS ANGELES, Oct. 03, 2024 (GLOBE NEWSWIRE) -- BlackLine, the future-ready platform for the Office of the CFO, today announced it has been named a Leader in IDC MarketScape: Worldwide Office of the CF...
Is BlackLine a ‘Buy' after Morgan Stanley raises target to $70?
Morgan Stanley has upgraded BlackLine Inc (NASDAQ: BL) and raised its price target to $70 from $60. Analyst Chris Quintero highlights the company's underappreciated margin expansion and sees an attrac...
David Henshall Joins BlackLine Board of Directors
Henshall brings significant experience in enterprise software and possesses unmatched expertise in finance, strategy, and technology development
BlackLine Ranked Exemplary Leader by Ventana Research in Financial Close Buyers Guide 2024
LOS ANGELES, Sept. 17, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ: BL), the future-ready platform for the Office of the CFO, today announced that it was named an Exemplary Vendor and Overall Leader in...
Activist investor Jana built stake in BlackLine Systems in second quarter
Activist investor Jana Partners built a new stake in U.S. enterprise software company BlackLine Systems during the second quarter, according to a regulatory filing on Wednesday.
BlackLine, Inc. (BL) Q2 2024 Earnings Call Transcript
BlackLine, Inc. (NASDAQ:BL) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Matt Humphries - Vice President of Investor Relations Owen Ryan - Co-Chief Executive Office...
BlackLine Announces Second Quarter Financial Results
LOS ANGELES, Aug. 06, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the second quarter ended June 30, 2024.
BlackLine Announces Date for Second Quarter 2024 Earnings Release and Conference Call
LOS ANGELES, July 23, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the second quarter ended June 30, 2024 after market close on Tues...
BlackLine: Attractive Business Trading At An Appealing Multiple
I recommended a buy due to BL mission-critical solution for enterprises, expected low-teens growth rate, and large TAM. BL automates accounting processes for large enterprises globally, with a focus o...
New Solution Developed by BlackLine to be Sold as an SAP Solution Extension
SAP Account Substantiation and Automation by BlackLine, financial review option, is the latest market-leading solution extension from BlackLine to be sold by SAP LOS ANGELES , June 4, 2024 /PRNewswire...