Analysts Issue Forecasts for BlackLine FY2025 Earnings

BlackLine (NASDAQ:BL) – DA Davidson issued their FY2025 earnings per share (EPS) estimates for shares of BlackLine in a research note issued to investors on Monday, November 10th. DA Davidson analyst L. Schreiner forecasts that the technology company will post earnings per share of $0.85 for the year. DA Davidson currently has a “Hold” rating on the stock. The consensus estimate for BlackLine’s current full-year earnings is $0.90 per share. DA Davidson also issued estimates for BlackLine’s Q4 2025 earnings at $0.26 EPS and FY2026 earnings at $1.00 EPS.

BL has been the topic of several other reports. Zacks Research upgraded BlackLine from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BlackLine in a research note on Wednesday, October 8th. Raymond James Financial upgraded BlackLine from a “market perform” rating to an “outperform” rating and set a $67.00 price objective for the company in a research note on Tuesday, July 29th. Baird R W cut BlackLine from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Finally, Morgan Stanley upped their target price on shares of BlackLine from $68.00 to $73.00 and gave the stock an “overweight” rating in a report on Monday. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, BlackLine presently has a consensus rating of “Hold” and a consensus target price of $60.92.

BlackLine Stock Performance

NASDAQ:BL opened at $55.27 on Wednesday. The firm has a market capitalization of $3.29 billion, a PE ratio of 49.79, a price-to-earnings-growth ratio of 8.99 and a beta of 1.02. The company has a quick ratio of 1.64, a current ratio of 1.52 and a debt-to-equity ratio of 2.03. BlackLine has a 12-month low of $40.82 and a 12-month high of $66.25. The firm has a 50-day moving average price of $53.39 and a 200 day moving average price of $53.90.

BlackLine (NASDAQ:BL) last announced its quarterly earnings results on Thursday, November 6th. The technology company reported $0.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.51. BlackLine had a net margin of 11.07% and a return on equity of 14.51%. The firm had revenue of $178.29 million for the quarter, compared to analyst estimates of $178.11 million. During the same quarter in the previous year, the firm posted $0.60 EPS. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. BlackLine has set its FY 2025 guidance at 2.080-2.130 EPS. Q4 2025 guidance at 0.580-0.610 EPS.

Insiders Place Their Bets

In other news, CAO Michelle D. Stalick sold 664 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $54.03, for a total transaction of $35,875.92. Following the sale, the chief accounting officer owned 23,830 shares in the company, valued at approximately $1,287,534.90. This represents a 2.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas Unterman sold 910 shares of BlackLine stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $55.00, for a total value of $50,050.00. Following the completion of the transaction, the director directly owned 41,835 shares of the company’s stock, valued at $2,300,925. This represents a 2.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 3,394 shares of company stock worth $186,026. Insiders own 8.60% of the company’s stock.

Institutional Trading of BlackLine

Several hedge funds have recently modified their holdings of BL. Bessemer Group Inc. raised its position in BlackLine by 22.9% in the 3rd quarter. Bessemer Group Inc. now owns 989 shares of the technology company’s stock worth $53,000 after purchasing an additional 184 shares during the last quarter. Amalgamated Bank increased its stake in shares of BlackLine by 1.3% in the 3rd quarter. Amalgamated Bank now owns 15,143 shares of the technology company’s stock valued at $804,000 after buying an additional 191 shares during the period. Parkside Financial Bank & Trust raised its position in shares of BlackLine by 9.4% during the second quarter. Parkside Financial Bank & Trust now owns 2,618 shares of the technology company’s stock worth $148,000 after acquiring an additional 225 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of BlackLine by 3.8% during the third quarter. Blue Trust Inc. now owns 6,901 shares of the technology company’s stock valued at $366,000 after acquiring an additional 250 shares during the period. Finally, Xponance Inc. boosted its holdings in BlackLine by 6.8% in the first quarter. Xponance Inc. now owns 4,422 shares of the technology company’s stock valued at $214,000 after acquiring an additional 280 shares during the last quarter. 95.13% of the stock is owned by institutional investors.

BlackLine Company Profile

BlackLine, Inc operates a cloud-based software platform which is designed to transform accounting and finance operations for organizations of all types and sizes. Its scalable platform supports critical accounting processes such as the financial close, account reconciliations, intercompany accounting, and controls assurance.