Blend Labs Statistics
Total Valuation
Blend Labs has a market cap or net worth of $917.82 million. The enterprise value is $997.70 million.
Important Dates
The next estimated earnings date is Tuesday, November 12, 2024, after market close.
| Earnings Date | Nov 12, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Blend Labs has 254.24 million shares outstanding. The number of shares has increased by 4.12% in one year.
| Shares Outstanding | 254.24M |
| Shares Change (YoY) | +4.12% |
| Shares Change (QoQ) | +0.85% |
| Owned by Insiders (%) | 5.91% |
| Owned by Institutions (%) | 44.66% |
| Float | 202.87M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 5.93 |
| Forward PS | 4.94 |
| PB Ratio | n/a |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 6.56 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.43, with a Debt / Equity ratio of 0.07.
| Current Ratio | 3.43 |
| Quick Ratio | 3.21 |
| Debt / Equity | 0.07 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -3.70 |
Financial Efficiency
Return on equity (ROE) is -101.26% and return on invested capital (ROIC) is -22.01%.
| Return on Equity (ROE) | -101.26% |
| Return on Assets (ROA) | -19.03% |
| Return on Capital (ROIC) | -22.01% |
| Revenue Per Employee | $172,670 |
| Profits Per Employee | -$137,058 |
| Employee Count | 881 |
| Asset Turnover | 0.57 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Blend Labs has paid $35,000 in taxes.
| Income Tax | 35,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +161.59% in the last 52 weeks. The beta is 1.16, so Blend Labs's price volatility has been higher than the market average.
| Beta (5Y) | 1.16 |
| 52-Week Price Change | +161.59% |
| 50-Day Moving Average | 3.64 |
| 200-Day Moving Average | 3.01 |
| Relative Strength Index (RSI) | 51.50 |
| Average Volume (20 Days) | 1,423,888 |
Short Selling Information
The latest short interest is 14.75 million, so 5.80% of the outstanding shares have been sold short.
| Short Interest | 14.75M |
| Short Previous Month | 13.93M |
| Short % of Shares Out | 5.80% |
| Short % of Float | 7.27% |
| Short Ratio (days to cover) | 7.00 |
Income Statement
In the last 12 months, Blend Labs had revenue of $152.12 million and -$120.75 million in losses. Loss per share was -$0.48.
| Revenue | 152.12M |
| Gross Profit | 81.61M |
| Operating Income | -81.57M |
| Pretax Income | -112.09M |
| Net Income | -120.75M |
| EBITDA | -79.24M |
| EBIT | -81.57M |
| Loss Per Share | -$0.48 |
Full Income StatementBalance Sheet
The company has $112.60 million in cash and $9.87 million in debt, giving a net cash position of $102.73 million or $0.40 per share.
| Cash & Cash Equivalents | 112.60M |
| Total Debt | 9.87M |
| Net Cash | 102.73M |
| Net Cash Per Share | $0.40 |
| Equity (Book Value) | 137.14M |
| Book Value Per Share | -0.18 |
| Working Capital | 101.00M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$57.11 million and capital expenditures -$3.94 million, giving a free cash flow of -$61.06 million.
| Operating Cash Flow | -57.11M |
| Capital Expenditures | -3.94M |
| Free Cash Flow | -61.06M |
| FCF Per Share | -$0.24 |
Full Cash Flow StatementMargins
Gross margin is 53.65%, with operating and profit margins of -53.62% and -73.70%.
| Gross Margin | 53.65% |
| Operating Margin | -53.62% |
| Pretax Margin | -73.79% |
| Profit Margin | -73.70% |
| EBITDA Margin | -52.09% |
| EBIT Margin | -53.62% |
| FCF Margin | -40.14% |
Dividends & Yields
Blend Labs does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -4.12% |
| Shareholder Yield | -4.12% |
| Earnings Yield | -13.16% |
| FCF Yield | -6.65% |
Analyst Forecast
The average price target for Blend Labs is $3.65, which is 1.11% higher than the current price. The consensus rating is "Buy".
| Price Target | $3.65 |
| Price Target Difference | 1.11% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Blend Labs has an Altman Z-Score of -4.18 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -4.18 |
| Piotroski F-Score | 3 |