Blackline Stock Buy Hold or Sell Recommendation
BL Stock | USD 58.67 1.01 1.69% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Blackline is 'Cautious 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 52.09 | Target Price 60.18 | Hype Value 58.67 | Market Value 58.67 | Naive Value 60.33 |
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.
Blackline |
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
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Blackline Trading Alerts and Improvement Suggestions
Over 93.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from simplywall.st: Investor Optimism Abounds BlackLine, Inc. But Growth Is Lacking |
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 | 0.07 | Value At Risk | -4.17 | Potential Upside | 4.88 | Standard Deviation | 2.82 |
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, Llc | 2023-12-31 | 1.2 M | Bank Of America Corp | 2023-12-31 | 1.1 M | Jpmorgan Chase & Co | 2023-12-31 | 1.1 M | Geneva Capital Management | 2023-12-31 | 925.7 K | Fred Alger Management, Llc | 2023-12-31 | 830 K | Northern Trust Corp | 2023-12-31 | 810.2 K | Df Dent & Co Inc | 2023-12-31 | 705.7 K | Rivulet Capital, Llc | 2023-12-31 | 689.2 K | Baillie Gifford & Co Limited. | 2023-12-31 | 660.3 K | Vanguard Group Inc | 2023-12-31 | 6.7 M | Clearlake Capital Group, L.p. | 2023-12-31 | 5.7 M |
Blackline Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 74.0M | 247.4M | 172.1M | (338.8M) | 70.1M | 73.7M | |
Depreciation | 21.3M | 20.9M | 27.1M | 42.8M | 50.1M | 25.3M | |
Capital Expenditures | 9.7M | 19.4M | 23.3M | 30.2M | 27.6M | 15.2M | |
Net Income | (32.1M) | (39.4M) | (101.0M) | (33.9M) | 52.8M | 55.5M | |
End Period Cash Flow | 120.5M | 367.9M | 540.0M | 201.2M | 271.1M | 165.6M | |
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) | 487.2M | 696.5M | (619K) | (711.9K) | (676.3K) | |
Free Cash Flow | 20.0M | 35.3M | 56.8M | 25.8M | 99.0M | 104.0M | |
Other Non Cash Items | 11.5M | 27.3M | 64.3M | (28.1M) | (48.4M) | (46.0M) | |
Change To Netincome | 34.3M | 49.8M | 88.0M | 44.7M | 51.4M | 29.9M | |
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 | -0.03 | |
β | Beta against NYSE Composite | 2.02 | |
σ | Overall volatility | 2.78 | |
Ir | Information ratio | 0 |
Blackline Volatility Alert
Blackline currently demonstrates below-average downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of -0.03. 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 |
Fundamentals | Blackline | Peer Average |
Return On Equity | 0.28 | -0.31 |
Return On Asset | -0.0024 | -0.14 |
Profit Margin | 0.09 % | (1.27) % |
Operating Margin | 0.09 % | (5.51) % |
Current Valuation | 3.91 B | 16.62 B |
Shares Outstanding | 61.8 M | 571.82 M |
Shares Owned By Insiders | 7.89 % | 10.09 % |
Shares Owned By Institutions | 92.51 % | 39.21 % |
Number Of Shares Shorted | 4.22 M | 4.71 M |
Price To Earning | (39.93) X | 28.72 X |
Price To Book | 15.06 X | 9.51 X |
Price To Sales | 6.66 X | 11.42 X |
Revenue | 590 M | 9.43 B |
Gross Profit | 394.91 M | 27.38 B |
EBITDA | 46.94 M | 3.9 B |
Net Income | 52.83 M | 570.98 M |
Cash And Equivalents | 1.05 B | 2.7 B |
Cash Per Share | 17.50 X | 5.01 X |
Total Debt | 1.41 B | 5.32 B |
Current Ratio | 3.74 X | 2.16 X |
Book Value Per Share | 4.24 X | 1.93 K |
Cash Flow From Operations | 126.61 M | 971.22 M |
Short Ratio | 2.63 X | 4.00 X |
Earnings Per Share | 0.81 X | 3.12 X |
Price To Earnings To Growth | 5.49 X | 4.89 X |
Target Price | 61.9 | |
Number Of Employees | 1.75 K | 18.84 K |
Beta | 0.85 | -0.15 |
Market Capitalization | 3.69 B | 19.03 B |
Total Asset | 2.1 B | 29.47 B |
Retained Earnings | (214.8 M) | 9.33 B |
Working Capital | 764.76 M | 1.48 B |
Current Asset | 48.49 M | 9.34 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 Liabilities | 67.4M | 66.6M | 59.7M | 37.2M | Total Assets | 1.8B | 1.9B | 2.1B | 2.2B |
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 Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 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 Manufacturing Theme or any other thematic opportunities.
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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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.
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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.