BlackLine (NASDAQ:BL) Releases Q1 2025 Earnings Guidance

BlackLine (NASDAQ:BLGet Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.360-0.390 for the period, compared to the consensus earnings per share estimate of 0.520. The company issued revenue guidance of $166.0 million-$168.0 million, compared to the consensus revenue estimate of $170.6 million. BlackLine also updated its FY 2025 guidance to 1.970-2.100 EPS.

BlackLine Stock Down 1.6 %

Shares of NASDAQ:BL traded down $1.01 during midday trading on Tuesday, hitting $63.40. 811,202 shares of the company’s stock traded hands, compared to its average volume of 562,401. BlackLine has a twelve month low of $43.37 and a twelve month high of $69.31. The company has a market cap of $3.96 billion, a PE ratio of 64.69, a P/E/G ratio of 9.14 and a beta of 0.92. The company has a debt-to-equity ratio of 2.42, a quick ratio of 2.69 and a current ratio of 2.69. The firm’s fifty day moving average price is $61.84 and its two-hundred day moving average price is $56.69.

BlackLine (NASDAQ:BLGet Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.29). BlackLine had a return on equity of 31.02% and a net margin of 19.83%. On average, equities research analysts anticipate that BlackLine will post 1 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Citigroup upgraded shares of BlackLine from a “neutral” rating to a “buy” rating and set a $73.00 target price for the company in a research note on Thursday, January 16th. Bank of America upgraded shares of BlackLine from an “underperform” rating to a “buy” rating and increased their price objective for the stock from $50.00 to $75.00 in a research note on Thursday, January 30th. StockNews.com downgraded BlackLine from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Piper Sandler cut BlackLine from a “neutral” rating to an “underweight” rating and set a $60.00 price target on the stock. in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. boosted their price objective on BlackLine from $47.00 to $50.00 and gave the company an “underweight” rating in a research report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $68.10.

View Our Latest Report on BL

Insider Activity at BlackLine

In related news, CRO Mark Woodhams sold 24,408 shares of BlackLine stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $64.32, for a total value of $1,569,922.56. Following the transaction, the executive now owns 72,920 shares in the company, valued at $4,690,214.40. This trade represents a 25.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 9.93% of the stock is owned by company insiders.

BlackLine Company Profile

(Get Free Report)

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.

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