Is Blackbaud Stock a Good Investment?

Blackbaud Investment Advice

BLKB

To provide specific investment advice or recommendations on Blackbaud stock, we recommend investors consider the following general factors when evaluating Blackbaud. This will help you to make an informed decision on whether to include Blackbaud in one of your diversified portfolios:

Examine Blackbaud's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Blackbaud's leadership team and their track record. Good management can help Blackbaud navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Application Software space and any emerging trends that could impact Blackbaud's business and its evolving consumer preferences.
Compare Blackbaud's performance and market position to its competitors. Analyze how Blackbaud is positioned in terms of product offerings, innovation, and market share.
Check if Blackbaud pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Blackbaud's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Blackbaud stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Blackbaud is a good investment.

Sell

Buy

Strong Hold

Macroaxis provides advice on Blackbaud to complement and cross-verify current analyst consensus on Blackbaud. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Blackbaud is not overpriced, please confirm all Blackbaud fundamentals, including its operating margin, price to book, cash and equivalents, as well as the relationship between the shares owned by insiders and gross profit . Given that Blackbaud has a price to book of 7.25 X, we suggest you to validate Blackbaud 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.

Market Performance	Modest	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Fairly Valued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Follows the market closely	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Blackbaud Stock

Researching Blackbaud's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.11. Blackbaud last dividend was issued on the 27th of February 2020.

To determine if Blackbaud is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Blackbaud's research are outlined below:

	Blackbaud currently holds 819.75 M in liabilities with Debt to Equity (D/E) ratio of 1.38, which is about average as compared to similar companies. Blackbaud has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Blackbaud's use of debt, we should always consider it together with its cash and equity.
	Over 97.0% of Blackbaud shares are held by institutions such as insurance companies
	Latest headline from news.google.com: Raymond James Cuts Blackbaud Price Target to 95.00 - MarketBeat

Blackbaud Quarterly Accounts Payable

44.04 Million

Blackbaud uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Blackbaud. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Blackbaud's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	12th of February 2024 Upcoming Quarterly Report	View
	1st of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	12th of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact Blackbaud's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Blackbaud's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2006-10-30	2006-09-30	0.2	0.22	0.02	10
2004-10-27	2004-09-30	0.13	0.15	0.02	15
2013-02-13	2012-12-31	0.24	0.27	0.03	12
2012-05-03	2012-03-31	0.2	0.17	-0.03	15
2010-02-04	2009-12-31	0.24	0.27	0.03	12
2009-04-30	2009-03-31	0.16	0.19	0.03	18
2014-10-29	2014-09-30	0.31	0.35	0.04	12
2014-04-30	2014-03-31	0.2	0.24	0.04	20

Blackbaud Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Blackbaud target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Blackbaud's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.

Buy

Most Blackbaud analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Blackbaud stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Blackbaud, talking to its executives and customers, or listening to those companies' conference calls.

Macroaxis Advice Exposure Valuation

Blackbaud Target Price Projection

Blackbaud's current and average target prices are 81.10 and 77.40, respectively. The current price of Blackbaud is the price at which Blackbaud is currently trading. On the other hand, Blackbaud's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Blackbaud Market Quote on 9th of October 2024

Low Price	80.8	Odds
High Price	81.84	Odds

81.1 Target Price

Analyst Consensus On Blackbaud Target Price

Low Estimate	70.43	Odds
High Estimate	85.91	Odds

77.4

Historical

Lowest Forecast 70.43

Target Price 77.4

Highest Forecast 85.91

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Blackbaud and the information provided on this page.

Blackbaud Analyst Ratings

Blackbaud's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Blackbaud stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Blackbaud's financials, market performance, and future outlook by experienced professionals. Blackbaud's historical ratings below, therefore, can serve as a valuable tool for investors.

Know Blackbaud's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Blackbaud is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Blackbaud backward and forwards among themselves. Blackbaud's institutional investor refers to the entity that pools money to purchase Blackbaud's securities or originate 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
Hawk Ridge Management Llc	2024-06-30	817.9 K
Fuller & Thaler Asset Management Inc	2024-06-30	809 K
Greenhouse Funds Lllp	2024-06-30	671.5 K
Van Berkom And Associates Inc	2024-06-30	657.4 K
Northern Trust Corp	2024-06-30	646.1 K
Norges Bank	2024-06-30	640.2 K
Palisade Capital Management Llc	2024-06-30	594.9 K
American Capital Management Inc	2024-06-30	446.2 K
Bank Of New York Mellon Corp	2024-06-30	431.8 K
Clearlake Capital Group, L.p.	2024-06-30	9.8 M
Vanguard Group Inc	2024-06-30	5.5 M

Note, although Blackbaud'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.

Blackbaud's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.19 B.

Market Cap

4.78 Billion

Blackbaud's profitablity analysis

		Last Reported	Projected for Next Year
	Return On Capital Employed	0.03	0.02

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.17 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.17.

Determining Blackbaud's profitability involves analyzing its financial statements and using various financial metrics to determine if Blackbaud is a good buy. For example, gross profit margin measures Blackbaud's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Blackbaud's profitability and make more informed investment decisions.

Blackbaud's Earnings Breakdown by Geography

Please note, the presentation of Blackbaud's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Blackbaud's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Blackbaud's management manipulating its earnings.

Evaluate Blackbaud's management efficiency

Blackbaud has return on total asset (ROA) of 0.0303 % which means that it generated a profit of $0.0303 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.062 %, meaning that it created $0.062 on every $100 dollars invested by stockholders. Blackbaud's management efficiency ratios could be used to measure how well Blackbaud manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0, whereas Return On Tangible Assets are forecasted to decline to 0. At present, Blackbaud's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 976.2 M, whereas Other Assets are forecasted to decline to about 53.1 M.

	Last Reported	Projected for Next Year
Book Value Per Share	15.39	16.16
Tangible Book Value Per Share	(18.79)	(17.85)
Enterprise Value Over EBITDA	30.14	19.30
Price Book Value Ratio	5.63	5.92
Enterprise Value Multiple	30.14	19.30
Price Fair Value	5.63	5.92
Enterprise Value	4.6 B	4.9 B

The analysis of Blackbaud's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Blackbaud's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Blackbaud Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Beta

1.02

Basic technical analysis of Blackbaud Stock

As of the 9th of October, Blackbaud shows the risk adjusted performance of 0.0889, and Mean Deviation of 0.8783. Blackbaud technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Blackbaud's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Blackbaud insiders, such as employees or executives, is commonly permitted as long as it does not rely on Blackbaud's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Blackbaud insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Michael Gianoni over a week ago Disposition of 9990 shares by Michael Gianoni of Blackbaud at 70.38 subject to Rule 16b-3
		Kevin McDearis over a week ago Disposition of 1412 shares by Kevin McDearis of Blackbaud at 85.0675 subject to Rule 16b-3
		Michael Gianoni over three weeks ago Disposition of 25354 shares by Michael Gianoni of Blackbaud at 68.7748 subject to Rule 16b-3
		Nash Sarah E over two months ago Disposition of 3220 shares by Nash Sarah E of Blackbaud at 76.1828 subject to Rule 16b-3
		David Benjamin over two months ago Disposition of 2115 shares by David Benjamin of Blackbaud at 74.5 subject to Rule 16b-3
		David Benjamin over two months ago Acquisition by David Benjamin of 4320 shares of Blackbaud subject to Rule 16b-3
		Anthony Boor over three months ago Disposition of 3058 shares by Anthony Boor of Blackbaud at 68.61 subject to Rule 16b-3
		Kevin McDearis over three months ago Disposition of 2490 shares by Kevin McDearis of Blackbaud at 82.05 subject to Rule 16b-3
		Jon Olson over three months ago Disposition of 3000 shares by Jon Olson of Blackbaud at 78.6332 subject to Rule 16b-3
		Kevin McDearis over three months ago Disposition of 1437 shares by Kevin McDearis of Blackbaud at 82.65 subject to Rule 16b-3
		Michael Gianoni over six months ago Disposition of 25354 shares by Michael Gianoni of Blackbaud at 68.7748 subject to Rule 16b-3
		Zink Gerard J over a year ago Blackbaud exotic insider transaction detected

Blackbaud's Outstanding Corporate Bonds

Blackbaud issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Blackbaud uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Blackbaud bonds can be classified according to their maturity, which is the date when Blackbaud has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	Dana 575 percent Corp Bond US235822AB96	View
	Boeing Co 2196 Corp Bond US097023DG73	View
	MPLX LP 52 Corp Bond US55336VAL45	View
	International Game Technology Corp Bond US460599AD57	View
	BNP Paribas FRN Corp Bond USF1R15XK367	View
	Morgan Stanley 3591 Corp Bond US61744YAK47	View
	Morgan Stanley 3971 Corp Bond US61744YAL20	View
	MGM Resorts International Corp Bond US552953CD18	View

View All Blackbaud Corporate Bonds

Understand Blackbaud's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Blackbaud's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.0889
	Market Risk Adjusted Performance	0.1375
	Mean Deviation	0.8783
	Semi Deviation	1.01
	Downside Deviation	1.15
	Coefficient Of Variation	958.54
	Standard Deviation	1.19
	Variance	1.41
	Information Ratio	0.0157
	Jensen Alpha	0.0288
	Total Risk Alpha	(0.02)
	Sortino Ratio	0.0162
	Treynor Ratio	0.1275
	Maximum Drawdown	5.18
	Value At Risk	(1.87)
	Potential Upside	2.4
	Downside Variance	1.33
	Semi Variance	1.03
	Expected Short fall	(0.92)
	Skewness	0.3046
	Kurtosis	0.5205

	Risk Adjusted Performance	0.0889
	Market Risk Adjusted Performance	0.1375
	Mean Deviation	0.8783
	Semi Deviation	1.01
	Downside Deviation	1.15
	Coefficient Of Variation	958.54
	Standard Deviation	1.19
	Variance	1.41
	Information Ratio	0.0157
	Jensen Alpha	0.0288
	Total Risk Alpha	(0.02)
	Sortino Ratio	0.0162
	Treynor Ratio	0.1275
	Maximum Drawdown	5.18
	Value At Risk	(1.87)
	Potential Upside	2.4
	Downside Variance	1.33
	Semi Variance	1.03
	Expected Short fall	(0.92)
	Skewness	0.3046
	Kurtosis	0.5205

Consider Blackbaud's intraday indicators

Blackbaud intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Blackbaud stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0127
	Daily Balance Of Power	0.2212
	Rate Of Daily Change	1.0
	Day Median Price	81.32
	Day Typical Price	81.25
	Market Facilitation Index	1.04
	Price Action Indicator	(0.11)
	Period Momentum Indicator	0.23

Blackbaud Corporate Filings

F4	20th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
10Q	31st of July 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations	View Verify
8K	30th of July 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
	23rd of April 2024 Other Reports	View Verify

Blackbaud time-series forecasting models is one of many Blackbaud's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Blackbaud's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Blackbaud Stock media impact

Far too much social signal, news, headlines, and media speculation about Blackbaud that are available to investors today. That information is available publicly through Blackbaud media outlets and privately through word of mouth or via Blackbaud internal channels. However, regardless of the origin, that massive amount of Blackbaud data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Blackbaud news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Blackbaud relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Blackbaud's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Blackbaud alpha.

Blackbaud Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Blackbaud can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Blackbaud Historical Investor Sentiment

Investor biases related to Blackbaud's public news can be used to forecast risks associated with an investment in Blackbaud. The trend in average sentiment can be used to explain how an investor holding Blackbaud can time the market purely based on public headlines and social activities around Blackbaud. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Blackbaud's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Blackbaud and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Blackbaud news discussions. The higher the estimate score, the more favorable the investor's outlook on Blackbaud.

Blackbaud Corporate Management

David Benjamin	Executive Officer	Profile
Chris Lindner	Chief Officer	Profile
Kevin McDearis	Executive Officer	Profile
Tom Barth	Head Relations	Profile

When determining whether Blackbaud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blackbaud's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackbaud Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackbaud Stock: