Blend Labs Statistics
Total Valuation
Blend Labs has a market cap or net worth of $757.83 million. The enterprise value is $775.05 million.
| Market Cap | 757.83M |
| Enterprise Value | 775.05M |
Important Dates
The next estimated earnings date is Wednesday, August 7, 2024, after market close.
| Earnings Date | Aug 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Blend Labs has 242.89 million shares outstanding. The number of shares has increased by 3.93% in one year.
| Shares Outstanding | 242.89M |
| Shares Change (YoY) | +3.93% |
| Shares Change (QoQ) | +0.92% |
| Owned by Insiders (%) | 9.26% |
| Owned by Institutions (%) | 57.84% |
| Float | 184.10M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 4.91 |
| Forward PS | 4.32 |
| PB Ratio | n/a |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 5.02 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.75
| Current Ratio | 3.75 |
| Quick Ratio | 3.44 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -3.72 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | -52.00% |
| Return on Capital (ROIC) | -105.91% |
| Revenue Per Employee | $175,320 |
| Profits Per Employee | -$158,883 |
| Employee Count | 881 |
| Asset Turnover | 0.57 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Blend Labs has paid $65,000 in taxes.
| Income Tax | 65,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +124.46% in the last 52 weeks. The beta is 1.10, so Blend Labs's price volatility has been higher than the market average.
| Beta (5Y) | 1.10 |
| 52-Week Price Change | +124.46% |
| 50-Day Moving Average | 2.70 |
| 200-Day Moving Average | 2.31 |
| Relative Strength Index (RSI) | 68.35 |
| Average Volume (20 Days) | 3,633,352 |
Short Selling Information
The latest short interest is 8.47 million, so 3.49% of the outstanding shares have been sold short.
| Short Interest | 8.47M |
| Short Previous Month | 7.07M |
| Short % of Shares Out | 3.49% |
| Short % of Float | 4.60% |
| Short Ratio (days to cover) | 2.57 |
Income Statement
In the last 12 months, Blend Labs had revenue of $154.46 million and -$139.98 million in losses. Loss per share was -$0.58.
| Revenue | 154.46M |
| Gross Profit | 83.42M |
| Operating Income | -115.96M |
| Pretax Income | -133.88M |
| Net Income | -139.98M |
| EBITDA | -99.79M |
| EBIT | -105.54M |
| Loss Per Share | -$0.58 |
Balance Sheet
The company has $128.03 million in cash and $145.25 million in debt, giving a net cash position of -$17.23 million or -$0.07 per share.
| Cash & Cash Equivalents | 128.03M |
| Total Debt | 145.25M |
| Net Cash | -17.23M |
| Net Cash Per Share | -$0.07 |
| Equity (Book Value) | -35.76M |
| Book Value Per Share | -0.15 |
| Working Capital | 116.97M |
Cash Flow
In the last 12 months, operating cash flow was -$84.84 million and capital expenditures -$2.25 million, giving a free cash flow of -$87.08 million.
| Operating Cash Flow | -84.84M |
| Capital Expenditures | -2.25M |
| Free Cash Flow | -87.08M |
| FCF Per Share | -$0.35 |
Margins
Gross margin is 54.01%, with operating and profit margins of -75.08% and -90.62%.
| Gross Margin | 54.01% |
| Operating Margin | -75.08% |
| Pretax Margin | -86.68% |
| Profit Margin | -90.62% |
| EBITDA Margin | -64.61% |
| EBIT Margin | -68.33% |
| FCF Margin | -56.38% |
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 | -3.93% |
| Shareholder Yield | -3.93% |
| Earnings Yield | -18.47% |
| FCF Yield | -11.49% |
Analyst Forecast
The average price target for Blend Labs is $3.15, which is 0.96% higher than the current price. The consensus rating is "Buy".
| Price Target | $3.15 |
| Price Target Difference | 0.96% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock 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 -7.32 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -7.32 |
| Piotroski F-Score | 4 |