FY2025 Earnings Estimate for BlackLine Issued By DA Davidson

BlackLine (NASDAQ:BL) – Equities researchers at DA Davidson issued their FY2025 earnings per share estimates for shares of BlackLine in a research report issued on Monday, November 10th. DA Davidson analyst L. Schreiner forecasts that the technology company will earn $0.85 per share 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.

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

Several other research analysts have also commented on the stock. Morgan Stanley raised their price objective on shares of BlackLine from $68.00 to $73.00 and gave the company an “overweight” rating in a research note on Monday. Zacks Research upgraded shares of BlackLine from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. JMP Securities reiterated a “market outperform” rating and issued a $80.00 price objective on shares of BlackLine in a research note on Thursday, September 11th. Baird R W cut BlackLine from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Finally, Robert W. Baird restated a “neutral” rating and set a $55.00 price target (down previously from $64.00) on shares of BlackLine in a report on Friday, November 7th. Five equities research 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, the stock has an average rating of “Hold” and an average target price of $60.92.

BlackLine Trading Down 1.2%

Shares of NASDAQ BL opened at $55.44 on Wednesday. The company has a current ratio of 1.52, a quick ratio of 1.64 and a debt-to-equity ratio of 2.03. The stock has a market capitalization of $3.30 billion, a PE ratio of 49.95, a PEG ratio of 12.92 and a beta of 1.02. BlackLine has a twelve month low of $40.82 and a twelve month high of $66.25. The stock has a fifty day simple moving average of $53.51 and a 200-day simple moving average of $53.92.

Insider Activity

In other news, Director Thomas Unterman sold 910 shares of the stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $55.00, for a total value of $50,050.00. Following the transaction, the director owned 41,835 shares in the company, valued at approximately $2,300,925. This represents a 2.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Michelle D. Stalick sold 664 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $54.03, for a total value of $35,875.92. Following the completion of the transaction, the chief accounting officer directly owned 23,830 shares of the company’s stock, valued at $1,287,534.90. This trade represents a 2.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 3,394 shares of company stock valued at $186,026. Insiders own 8.60% of the company’s stock.

Institutional Investors Weigh In On BlackLine

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hawk Ridge Capital Management LP grew its holdings in shares of BlackLine by 124.3% during the first quarter. Hawk Ridge Capital Management LP now owns 1,959,945 shares of the technology company’s stock worth $94,901,000 after purchasing an additional 1,086,185 shares during the last quarter. Westwood Holdings Group Inc. boosted its position in shares of BlackLine by 106.4% in the 1st quarter. Westwood Holdings Group Inc. now owns 1,186,347 shares of the technology company’s stock valued at $57,443,000 after purchasing an additional 611,499 shares during the period. American Century Companies Inc. grew its stake in BlackLine by 7.2% during the 1st quarter. American Century Companies Inc. now owns 961,341 shares of the technology company’s stock worth $46,548,000 after buying an additional 64,676 shares during the last quarter. Geneva Capital Management LLC increased its position in BlackLine by 5.6% during the second quarter. Geneva Capital Management LLC now owns 924,325 shares of the technology company’s stock worth $52,335,000 after buying an additional 49,292 shares during the period. Finally, Tensile Capital Management LP increased its position in BlackLine by 17.6% during the first quarter. Tensile Capital Management LP now owns 871,485 shares of the technology company’s stock worth $42,197,000 after buying an additional 130,488 shares during the period. 95.13% of the stock is currently owned by institutional investors and hedge funds.

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.