Blackline Stock Buy Hold or Sell Recommendation

BL Stock  USD 64.58  0.95  1.49%   
Allowing for the 90-day total investment horizon and your highly speculative risk level, our recommendation regarding Blackline is 'Strong Hold'. Macroaxis provides Blackline buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BL positions. The advice algorithm takes into account all of Blackline's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Blackline's buy or sell advice are summarized below:
Real Value
61.46
Target Price
60.18
Hype Value
64.59
Market Value
64.58
Naive Value
57.75
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Blackline given historical horizon and risk tolerance towards Blackline. When Macroaxis issues a 'buy' or 'sell' recommendation for Blackline, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Blackline Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.
In addition, we conduct extensive research on individual companies such as Blackline and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Blackline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Execute Blackline Buy or Sell Advice

The Blackline recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Blackline. Macroaxis does not own or have any residual interests in Blackline or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Blackline's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell BlacklineBuy Blackline
Strong Hold

Market Performance

WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Blackline has a Risk Adjusted Performance of 0.0184, Jensen Alpha of (0.21), Total Risk Alpha of (0.56), Sortino Ratio of (0.03) and Treynor Ratio of 0.0199
Macroaxis provides unbiased investment recommendation on Blackline that should be used to complement current analysts and expert consensus on Blackline. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Blackline is not overpriced, please confirm all Blackline fundamentals, including its operating margin, price to earning, net income, as well as the relationship between the shares owned by insiders and revenue . Given that Blackline has a price to earning of (39.93) X, we suggest you to validate Blackline market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Blackline Trading Alerts and Improvement Suggestions

Over 94.0% of the company shares are held by institutions such as insurance companies
Latest headline from zacks.com: CyberArk Makes Its Secure Browser Generally Available

Blackline Returns Distribution Density

The distribution of Blackline's historical returns is an attempt to chart the uncertainty of Blackline's future price movements. The chart of the probability distribution of Blackline daily returns describes the distribution of returns around its average expected value. We use Blackline price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Blackline returns is essential to provide solid investment advice for Blackline.
Mean Return
0.05
Value At Risk
-4.17
Potential Upside
3.90
Standard Deviation
2.67
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Blackline historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Blackline Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Blackline is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Blackline backward and forwards among themselves. Blackline's institutional investor refers to the entity that pools money to purchase Blackline's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2023-12-31
1.2 M
Bank Of America Corp2023-12-31
1.1 M
Jpmorgan Chase & Co2023-12-31
1.1 M
Geneva Capital Management2023-12-31
925.7 K
Fred Alger Management, Llc2023-12-31
830 K
Northern Trust Corp2023-12-31
810.2 K
Df Dent & Co Inc2023-12-31
705.7 K
Rivulet Capital, Llc2023-12-31
689.2 K
Baillie Gifford & Co Limited.2023-12-31
660.3 K
Vanguard Group Inc2023-12-31
6.7 M
Clearlake Capital Group, L.p.2023-12-31
5.7 M
Note, although Blackline's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Blackline Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash74.0M247.4M172.1M(338.8M)70.1M73.7M
Depreciation21.3M20.9M27.1M42.8M50.1M25.3M
Capital Expenditures9.7M19.4M23.3M30.2M27.6M15.2M
Net Income(32.1M)(39.4M)(101.0M)(33.9M)52.8M55.5M
End Period Cash Flow120.5M367.9M540.0M201.2M271.1M165.6M
Change To Inventory(5.6M)(14.9M)(19.7M)(16.7M)(15.1M)(14.3M)
Investments(398.8M)312.4M(483.7M)(395.6M)(75.4M)(79.2M)
Net Borrowings(443K)487.2M696.5M(619K)(711.9K)(676.3K)
Free Cash Flow20.0M35.3M56.8M25.8M99.0M104.0M
Other Non Cash Items11.5M27.3M64.3M(28.1M)(48.4M)(46.0M)
Change To Netincome34.3M49.8M88.0M44.7M51.4M29.9M
Change Receivables(28.0M)(5.7M)(14.3M)(23.0M)(20.7M)(21.8M)

Blackline Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Blackline or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Blackline's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Blackline stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.21
β
Beta against NYSE Composite2.03
σ
Overall volatility
2.63
Ir
Information ratio -0.03

Blackline Volatility Alert

Blackline currently demonstrates below-average downside deviation. It has Information Ratio of -0.03 and Jensen Alpha of -0.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Blackline's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Blackline's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Blackline Fundamentals Vs Peers

Comparing Blackline's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Blackline's direct or indirect competition across all of the common fundamentals between Blackline and the related equities. This way, we can detect undervalued stocks with similar characteristics as Blackline or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Blackline's fundamental indicators could also be used in its relative valuation, which is a method of valuing Blackline by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Blackline to competition
FundamentalsBlacklinePeer Average
Return On Equity0.28-0.31
Return On Asset-0.0024-0.14
Profit Margin0.09 %(1.27) %
Operating Margin0.09 %(5.51) %
Current Valuation4.12 B16.62 B
Shares Outstanding61.52 M571.82 M
Shares Owned By Insiders7.96 %10.09 %
Shares Owned By Institutions93.63 %39.21 %
Number Of Shares Shorted3.84 M4.71 M
Price To Earning(39.93) X28.72 X
Price To Book15.01 X9.51 X
Price To Sales6.71 X11.42 X
Revenue590 M9.43 B
Gross Profit394.91 M27.38 B
EBITDA46.94 M3.9 B
Net Income52.83 M570.98 M
Cash And Equivalents1.05 B2.7 B
Cash Per Share17.50 X5.01 X
Total Debt1.41 B5.32 B
Current Ratio3.74 X2.16 X
Book Value Per Share4.24 X1.93 K
Cash Flow From Operations126.61 M971.22 M
Short Ratio2.49 X4.00 X
Earnings Per Share0.81 X3.12 X
Price To Earnings To Growth5.49 X4.89 X
Target Price61.9
Number Of Employees1.75 K18.84 K
Beta0.84-0.15
Market Capitalization3.96 B19.03 B
Total Asset2.1 B29.47 B
Retained Earnings(214.8 M)9.33 B
Working Capital764.76 M1.48 B
Current Asset48.49 M9.34 B
Note: Acquisition by Morgan-prager Karole of 26200 shares of Blackline subject to Rule 16b-3 [view details]

Blackline Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Blackline . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Blackline Buy or Sell Advice

When is the right time to buy or sell Blackline? Buying financial instruments such as Blackline Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Other Current Liabilities67.4M66.6M59.7M37.2M
Total Assets1.8B1.9B2.1B2.2B

Use Investing Ideas to Build Portfolios

In addition to having Blackline in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Corona Opportunity Thematic Idea Now

Corona Opportunity
Corona Opportunity Theme
Firms that are involved in some capacity in making products or providing services to the public to buttle the virus directly or indirectly. This also includes some defencive and contrarian stocks and ETFs that are managing to avoid the big market correction coused by coronavirus. The Corona Opportunity theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corona Opportunity Theme or any other thematic opportunities.
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When determining whether Blackline is a strong investment it is important to analyze Blackline's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blackline's future performance. For an informed investment choice regarding Blackline Stock, refer to the following important reports:
Check out Blackline Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Blackline's industry 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
1.05
Earnings Share
0.81
Revenue Per Share
9.696
Quarterly Revenue Growth
0.113
Return On Assets
(0)
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.