Blackline Stock Fundamentals
| BL Stock | USD 57.85 0.82 1.40% |
Blackline fundamentals help investors to digest information that contributes to Blackline's financial success or failures. It also enables traders to predict the movement of Blackline Stock. The fundamental analysis module provides a way to measure Blackline's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blackline stock.
At this time, Blackline's Income Tax Expense is quite stable compared to the past year. Net Income From Continuing Ops is expected to rise to about 47.6 M this year, although the value of EBIT will most likely fall to (3.3 M). Blackline | Select Account or Indicator |
Blackline Company Operating Margin Analysis
Blackline's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Blackline Operating Margin | 0.09 % |
Most of Blackline's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blackline is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Blackline Pretax Profit Margin
Pretax Profit Margin |
|
Based on the recorded statements, Blackline has an Operating Margin of 0.0905%. This is 101.02% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The operating margin for all United States stocks is 101.64% lower than that of the firm.
Blackline Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Blackline's current stock value. Our valuation model uses many indicators to compare Blackline value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blackline competition to find correlations between indicators driving Blackline's intrinsic value. More Info.Blackline is rated fifth in return on equity category among related companies. It is rated below average in return on asset category among related companies . At this time, Blackline's Return On Equity is quite stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Blackline by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Blackline's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Blackline's earnings, one of the primary drivers of an investment's value.Blackline Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blackline's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blackline could also be used in its relative valuation, which is a method of valuing Blackline by comparing valuation metrics of similar companies.Blackline is currently under evaluation in operating margin category among related companies.
Blackline Fundamentals
| Return On Equity | 0.28 | ||||
| Return On Asset | -0.0024 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 3.91 B | ||||
| Shares Outstanding | 61.8 M | ||||
| Shares Owned By Insiders | 7.89 % | ||||
| Shares Owned By Institutions | 92.51 % | ||||
| Number Of Shares Shorted | 4.22 M | ||||
| Price To Earning | (39.93) X | ||||
| Price To Book | 15.06 X | ||||
| Price To Sales | 6.66 X | ||||
| Revenue | 590 M | ||||
| Gross Profit | 394.91 M | ||||
| EBITDA | 46.94 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 | 4.24 X | ||||
| Cash Flow From Operations | 126.61 M | ||||
| Short Ratio | 2.63 X | ||||
| Earnings Per Share | 0.81 X | ||||
| Price To Earnings To Growth | 5.49 X | ||||
| Target Price | 61.9 | ||||
| Number Of Employees | 1.75 K | ||||
| Beta | 0.85 | ||||
| Market Capitalization | 3.69 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 | ||||
| Net Asset | 2.1 B |
About Blackline Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blackline's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackline using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackline based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 320.1 M | 175.9 M | |
| Total Revenue | 590 M | 619.5 M | |
| Cost Of Revenue | 147.7 M | 155.1 M | |
| Stock Based Compensation To Revenue | 0.13 | 0.08 | |
| Sales General And Administrative To Revenue | 0.12 | 0.22 | |
| Research And Ddevelopement To Revenue | 0.17 | 0.19 | |
| Capex To Revenue | (0.05) | (0.05) | |
| Revenue Per Share | 9.70 | 10.18 | |
| Ebit Per Revenue | (0.01) | (0.01) |
Pair Trading with Blackline
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackline position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackline will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackline Stock
| 0.85 | DJCO | Daily Journal Corp | PairCorr |
Moving against Blackline Stock
| 0.67 | VCSA | Vacasa Inc Financial Report 14th of May 2024 | PairCorr |
| 0.65 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.63 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.61 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.56 | DMAN | Innovativ Media Group | PairCorr |
The ability to find closely correlated positions to Blackline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackline when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackline - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackline to buy it.
The correlation of Blackline is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackline moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackline can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Blackline Piotroski F Score and Blackline Altman Z Score 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Blackline Stock analysis
When running Blackline's price analysis, check to measure Blackline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
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.