The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. The company is performing well in the stock market, with strong fundamentals and technicals supporting the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
BlackLine Inc's Score
Industry at a Glance
Industry Ranking
63 / 485
Overall Ranking
134 / 4611
Industry
Software & IT Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
15
analysts
Hold
Current Rating
60.583
Target Price
+13.07%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
BlackLine Inc Highlights
StrengthsRisks
BlackLine, Inc. is a holding company that conducts business through its subsidiary, BlackLine Systems, Inc. The Company provides financial accounting close solutions delivered primarily as Software as a Service (SaaS). The Company’s solutions enable its customers to address various aspects of their critical processes, including financial close, intercompany accounting, invoice-to-cash, and consolidation. The Company’s cloud-based solutions include Account Reconciliations, Transaction Matching, Task Management, Journal Entry, Variance Analysis, Consolidation Integrity Manager, Compliance, BlackLine Cash Application, Credit & Risk Management, Collections Management, Disputes & Deductions, Team & Task Management, AR Intelligence, Intercompany Create Functionality, Intercompany Processing, and Netting and Settlement. These solutions are offered to customers as scalable solutions that support critical record-to-report and invoice-to-cash processes.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 24.94% year-on-year.
Fairly Valued
The company’s latest PE is 44.65, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 65.81M shares, decreasing 11.66% quarter-over-quarter.
BlackLine, Inc. is a holding company that conducts business through its subsidiary, BlackLine Systems, Inc. The Company provides financial accounting close solutions delivered primarily as Software as a Service (SaaS). The Company’s solutions enable its customers to address various aspects of their critical processes, including financial close, intercompany accounting, invoice-to-cash, and consolidation. The Company’s cloud-based solutions include Account Reconciliations, Transaction Matching, Task Management, Journal Entry, Variance Analysis, Consolidation Integrity Manager, Compliance, BlackLine Cash Application, Credit & Risk Management, Collections Management, Disputes & Deductions, Team & Task Management, AR Intelligence, Intercompany Create Functionality, Intercompany Processing, and Netting and Settlement. These solutions are offered to customers as scalable solutions that support critical record-to-report and invoice-to-cash processes.