Blackline Stock Performance
| BL Stock | USD 62.01 0.13 0.21% |
On a scale of 0 to 100, Blackline holds a performance score of 18. The firm shows a Beta (market volatility) of 1.5, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blackline will likely underperform. Please check Blackline's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether Blackline's price patterns will revert.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Blackline are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite quite unsteady essential indicators, Blackline disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.21 | Five Day Return (1.57) | Year To Date Return 5.16 | Ten Year Return 161.65 | All Time Return 161.65 |
1 | Disposition of 3033 shares by Mark Partin of Blackline at 14.0 subject to Rule 16b-3 | 09/27/2024 |
2 | Disposition of 27 shares by Morgan-prager Karole of Blackline at 14.0 subject to Rule 16b-3 | 10/09/2024 |
3 | Why BlackLine is Poised to Beat Earnings Estimates Again | 10/11/2024 |
4 | Disposition of 19781 shares by Morgan-prager Karole of Blackline at 14.0 subject to Rule 16b-3 | 10/18/2024 |
5 | Acquisition by Morgan-prager Karole of 19781 shares of Blackline at 14.0 subject to Rule 16b-3 | 10/25/2024 |
6 | Acquisition by Yoran Amit of 3390 shares of Blackline subject to Rule 16b-3 | 11/01/2024 |
7 | BlackLine Reports Q3 Earnings What Key Metrics Have to Say | 11/08/2024 |
8 | Disposition of 200 shares by Yamamoto Mika of Blackline at 62.1 subject to Rule 16b-3 | 11/11/2024 |
9 | BlackLine Announces Date for Investor Day | 11/12/2024 |
10 | BlackLines SWOT analysis financial close leader faces growth challenges | 11/13/2024 |
11 | BlackLine Third Quarter 2024 Earnings Beats Expectations | 11/14/2024 |
12 | BlackLine Recognized as Most Innovative FinTech Solution by the 2024 Tech Ascension Awards | 11/18/2024 |
13 | BlackLine Launches Studio360 Platform to Drive Future-Ready Financial Operations for the Office ... | 11/19/2024 |
14 | Piper Sandler expects 2025 to be a transition year for BlackLine stock | 11/20/2024 |
15 | Heres Why BlackLine Is a Great Buy the Bottom Stock Now | 11/21/2024 |
16 | Stocks Generating Improved Relative Strength BlackLine | 11/22/2024 |
17 | Box Shares Rise percent Year to Date How Should Investors Play the Stock | 11/26/2024 |
| Begin Period Cash Flow | 201.2 M |
Blackline |
Blackline Relative Risk vs. Return Landscape
If you would invest 4,851 in Blackline on September 1, 2024 and sell it today you would earn a total of 1,350 from holding Blackline or generate 27.83% return on investment over 90 days. Blackline is generating 0.4056% of daily returns and assumes 1.763% volatility on return distribution over the 90 days horizon. Put differently, 15% of stocks are less risky than Blackline on the basis of their historical return distribution, and some 92% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Blackline Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackline's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Blackline, and traders can use it to determine the average amount a Blackline's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2301
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Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Blackline is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blackline by adding it to a well-diversified portfolio.
Blackline Fundamentals Growth
Blackline Stock prices reflect investors' perceptions of the future prospects and financial health of Blackline, and Blackline fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Blackline Stock performance.
| Return On Equity | 0.4 | ||||
| Return On Asset | 0.0095 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 3.94 B | ||||
| Shares Outstanding | 62.49 M | ||||
| Price To Earning | (39.93) X | ||||
| Price To Book | 10.51 X | ||||
| Price To Sales | 6.05 X | ||||
| Revenue | 590 M | ||||
| Gross Profit | 394.91 M | ||||
| EBITDA | 116.51 M | ||||
| Net Income | 52.83 M | ||||
| Cash And Equivalents | 1.05 B | ||||
| Cash Per Share | 17.50 X | ||||
| Total Debt | 1.41 B | ||||
| Current Ratio | 3.74 X | ||||
| Book Value Per Share | 5.89 X | ||||
| Cash Flow From Operations | 126.61 M | ||||
| Earnings Per Share | 0.98 X | ||||
| Market Capitalization | 3.87 B | ||||
| Total Asset | 2.1 B | ||||
| Retained Earnings | (214.8 M) | ||||
| Working Capital | 764.76 M | ||||
| Current Asset | 48.49 M | ||||
| Current Liabilities | 74.42 M | ||||
About Blackline Performance
By examining Blackline's fundamental ratios, stakeholders can obtain critical insights into Blackline's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Blackline is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.20 | 0.21 |
Things to note about Blackline performance evaluation
Checking the ongoing alerts about Blackline for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Blackline help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Box Shares Rise percent Year to Date How Should Investors Play the Stock |
- Analyzing Blackline's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Blackline's stock is overvalued or undervalued compared to its peers.
- Examining Blackline's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Blackline's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blackline's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Blackline's stock. These opinions can provide insight into Blackline's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackline. If investors know Blackline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.429 | Earnings Share 0.98 | Revenue Per Share 10.347 | Quarterly Revenue Growth 0.101 | Return On Assets 0.0095 |
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackline's market value can be influenced by many factors that don't directly affect Blackline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.