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Blackline Inc (BL)

Upturn stock ratingUpturn stock rating
$49.13
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: BL (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -55.58%
Avg. Invested days 30
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.08B USD
Price to earnings Ratio 33.39
1Y Target Price 64.18
Price to earnings Ratio 33.39
1Y Target Price 64.18
Volume (30-day avg) 782649
Beta 1.03
52 Weeks Range 43.37 - 69.09
Updated Date 04/1/2025
52 Weeks Range 43.37 - 69.09
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.45

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 24.67%
Operating Margin (TTM) 3.68%

Management Effectiveness

Return on Assets (TTM) 0.65%
Return on Equity (TTM) 43.35%

Valuation

Trailing PE 33.39
Forward PE 48.54
Enterprise Value 3084857957
Price to Sales(TTM) 4.71
Enterprise Value 3084857957
Price to Sales(TTM) 4.71
Enterprise Value to Revenue 4.72
Enterprise Value to EBITDA 16.78
Shares Outstanding 63076600
Shares Floating 52272832
Shares Outstanding 63076600
Shares Floating 52272832
Percent Insiders 7.89
Percent Institutions 102.64

Analyst Ratings

Rating 3
Target Price 65.7
Buy 2
Strong Buy 1
Buy 2
Strong Buy 1
Hold 6
Sell 4
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Blackline Inc

stock logo

Company Overview

overview logo History and Background

BlackLine, Inc. was founded in 2001 by Therese Tucker. It began as a reconciliation tool and has evolved into a cloud-based accounting software provider. BlackLine went public in 2016.

business area logo Core Business Areas

  • Unified Accounting Automation Platform: BlackLine's core business revolves around its Unified Accounting Automation platform, which streamlines and automates various accounting processes.

leadership logo Leadership and Structure

The CEO is Owen Ryan. The company operates with a functional organizational structure, with departments such as sales, marketing, product development, and customer support.

Top Products and Market Share

overview logo Key Offerings

  • Account Reconciliation: Automates and streamlines the reconciliation process. BlackLine claims to be a leader in this space. Competitors include FloQast, Adra by Trintech, and OneStream.
  • Task Management: Provides a centralized platform for managing accounting tasks. Competitors include FloQast, and some ERP task management modules.
  • Variance Analysis: Automates the analysis of financial variances. Competitors include Adaptive Insights (Workday), and Vena Solutions.

Market Dynamics

industry overview logo Industry Overview

The accounting software market is experiencing growth due to increasing regulatory complexity and the need for automation. Cloud-based solutions are gaining traction.

Positioning

BlackLine positions itself as a leader in the UAA (Unified Accounting Automation) market, targeting large and mid-sized organizations. They focus on improving accuracy and efficiency in financial close processes.

Total Addressable Market (TAM)

Estimated TAM is in the tens of billions. BlackLine is positioned to capture a significant portion by offering end to end platform to automate the financial process.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition in the UAA market
  • Comprehensive suite of accounting automation solutions
  • Scalable cloud-based platform
  • Established customer base
  • Partnerships with major ERP vendors

Weaknesses

  • High subscription costs can deter smaller companies
  • Dependence on ERP systems integration
  • Competition from larger ERP vendors offering similar functionality
  • Implementation can be complex and time-consuming

Opportunities

  • Expansion into new geographic markets
  • Development of new features and integrations
  • Increased adoption of cloud-based accounting solutions
  • Strategic partnerships with other technology providers
  • Growth in the demand for automation solutions in accounting

Threats

  • Intense competition from established ERP vendors and niche players
  • Economic downturn affecting IT spending
  • Data security and privacy concerns
  • Rapid technological advancements requiring constant innovation
  • Changes in accounting regulations

Competitors and Market Share

competitor logo Key Competitors

  • WK (Wolters Kluwer)
  • ADSK (Autodesk)
  • NOW (ServiceNow)

Competitive Landscape

BlackLine benefits from its specialization in UAA, but faces challenges from larger ERP vendors and other niche players, all seeking to win market share.

Major Acquisitions

Rimilia

  • Year: 2020
  • Acquisition Price (USD millions): 150
  • Strategic Rationale: Expanded BlackLine's accounts receivable automation capabilities.

Growth Trajectory and Initiatives

Historical Growth: BlackLine has experienced significant growth in revenue due to the increasing demand for automation in accounting processes.

Future Projections: Future growth projections require analyst estimates. However, growth is expected to continue.

Recent Initiatives: Recent initiatives include product enhancements, expansion into new markets, and strategic partnerships.

Summary

BlackLine has a strong position in the UAA market, leveraging its comprehensive solutions and established customer base. While facing competition from larger ERP vendors, its specialization offers an advantage. Future success relies on continued innovation, strategic partnerships, and effective market penetration in a growing market. They will need to keep an eye on pricing to remain competitive.

Similar Companies

  • WORK
  • NOW
  • ADSK
  • INTU
  • Oracle
  • SAP

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Analyst Reports
  • Industry Reports

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Market share data is approximate and based on available estimates.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Blackline Inc

Exchange NASDAQ
Headquaters Woodland Hills, CA, United States
IPO Launch date 2016-10-28
Founder, Co-CEO & Executive Director Ms. Therese Tucker
Sector Technology
Industry Software - Application
Full time employees 1830
Full time employees 1830

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. It offers financial close and consolidation solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching, which analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company also provides journal entry, which allows users to generate, review, and post manual journal entries; variance analysis that offers anomalous fluctuations in balance sheet and income statement account balances; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers credit and risk, collection, dispute and deduction, and team and task management, as well as AR intelligence, electronic invoicing and payment, and cash application solutions. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization's intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. Additionally, it offers implementation, optimization, live and web-based training, and support services. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.

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