BlackLine (NASDAQ:BL) Releases FY 2025 Earnings Guidance

BlackLine (NASDAQ:BL) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.080-2.130 for the period, compared to the consensus EPS estimate of 1.640. The company issued revenue guidance of $699.0 million-$701.0 million, compared to the consensus revenue estimate of $700.2 million. BlackLine also updated its Q4 2025 guidance to 0.580-0.610 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BL. Weiss Ratings restated a “hold (c)” rating on shares of BlackLine in a report on Wednesday, October 8th. BMO Capital Markets reduced their price target on BlackLine from $63.00 to $57.00 and set a “market perform” rating for the company in a research report on Friday. Citigroup reaffirmed a “market outperform” rating on shares of BlackLine in a research report on Tuesday, October 28th. Baird R W downgraded BlackLine from a “strong-buy” rating to a “hold” rating in a report on Friday. Finally, Truist Financial raised their target price on shares of BlackLine from $45.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, August 7th. Five research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $60.50.

BlackLine Trading Down 5.7%

Shares of BlackLine stock traded down $3.24 during midday trading on Friday, reaching $53.58. 1,618,453 shares of the company’s stock traded hands, compared to its average volume of 1,324,922. The stock has a 50 day moving average of $53.37 and a 200-day moving average of $53.67. BlackLine has a 12 month low of $40.82 and a 12 month high of $66.25. The company has a market cap of $3.32 billion, a PE ratio of 48.27, a price-to-earnings-growth ratio of 9.32 and a beta of 1.02. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.64 and a current ratio of 1.64.

BlackLine (NASDAQ:BL) last issued its quarterly earnings data on Thursday, November 6th. The technology company reported $0.51 earnings per share (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 13.68%. The business had revenue of $178.29 million for the quarter, compared to the consensus estimate of $178.11 million. During the same period in the previous year, the firm earned $0.60 EPS. The company’s quarterly revenue 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. As a group, equities analysts expect that BlackLine will post 0.9 EPS for the current fiscal year.

Insider Transactions at BlackLine

In other BlackLine news, CAO Michelle D. Stalick sold 664 shares of the company’s stock in a transaction that occurred 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 transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas Unterman sold 910 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was 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 position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 3,394 shares of company stock valued at $186,026. 8.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. grew its stake in shares of BlackLine by 44.9% in the second quarter. Osaic Holdings Inc. now owns 1,542 shares of the technology company’s stock worth $87,000 after acquiring an additional 478 shares during the period. Strs Ohio bought a new stake in BlackLine in the 1st quarter worth approximately $82,000. Boothbay Fund Management LLC purchased a new stake in BlackLine during the 2nd quarter valued at $212,000. Corient Private Wealth LLC bought a new position in shares of BlackLine during the 2nd quarter valued at $232,000. Finally, Quantinno Capital Management LP purchased a new position in shares of BlackLine in the 2nd quarter worth $283,000. Institutional investors own 95.13% of the company’s stock.

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.