BlackLine (NASDAQ:BL) Issues FY 2025 Earnings Guidance

BlackLine (NASDAQ:BL) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 2.080-2.130 for the period, compared to the consensus EPS estimate of 1.590. 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.

BlackLine Stock Performance

BL stock opened at $57.76 on Friday. The stock’s 50 day simple moving average is $56.28 and its 200 day simple moving average is $54.68. The company has a current ratio of 1.52, a quick 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 stock has a market capitalization of $3.44 billion, a PE ratio of 52.04, a price-to-earnings-growth ratio of 13.74 and a beta of 0.88.

BlackLine (NASDAQ:BL) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported $0.51 earnings per share for the quarter, hitting the consensus estimate of $0.51. The firm had revenue of $178.29 million during the quarter, compared to analysts’ expectations of $178.11 million. BlackLine had a return on equity of 14.51% and a net margin of 11.07%.The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 earnings per share. BlackLine has set its FY 2025 guidance at 2.080-2.130 EPS and its Q4 2025 guidance at 0.580-0.610 EPS. As a group, research analysts forecast that BlackLine will post 0.9 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BL has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of BlackLine in a research note on Monday, December 22nd. Citigroup restated a “market outperform” rating on shares of BlackLine in a report on Tuesday, October 28th. JMP Securities reiterated a “market outperform” rating and set a $80.00 target price on shares of BlackLine in a research note on Thursday, September 11th. Zacks Research raised BlackLine from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Finally, Robert W. Baird restated a “neutral” rating and issued a $55.00 price target (down from $64.00) on shares of BlackLine in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $61.23.

Insider Buying and Selling at BlackLine

In related news, Director Thomas Unterman sold 910 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $55.00, for a total transaction of $50,050.00. Following the completion of the transaction, the director directly owned 41,835 shares in the company, valued at approximately $2,300,925. The trade was a 2.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.60% of the stock is owned by corporate insiders.

Institutional Trading of BlackLine

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Boothbay Fund Management LLC purchased a new position in BlackLine during the second quarter valued at $212,000. Brevan Howard Capital Management LP lifted its stake in BlackLine by 103.5% in the 2nd quarter. Brevan Howard Capital Management LP now owns 10,323 shares of the technology company’s stock worth $584,000 after purchasing an additional 5,250 shares in the last quarter. Balyasny Asset Management L.P. bought a new position in shares of BlackLine during the 2nd quarter valued at about $1,322,000. Ameriprise Financial Inc. grew its position in shares of BlackLine by 10.9% during the second quarter. Ameriprise Financial Inc. now owns 482,790 shares of the technology company’s stock valued at $27,336,000 after purchasing an additional 47,469 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new stake in shares of BlackLine in the second quarter worth about $283,000. Institutional investors own 95.13% of the company’s stock.

About BlackLine

BlackLine, Inc is a leading provider of cloud-based software solutions designed to automate and modernize the finance and accounting function. The company’s flagship offering, the BlackLine Finance Controls and Automation Platform, enables organizations to streamline critical processes such as account reconciliations, journal entry management, intercompany accounting, and transaction matching. By delivering a centralized, real-time view of financial data, BlackLine helps companies improve operational efficiency, enhance compliance and strengthen internal controls.

Key products and services within the BlackLine platform include Account Reconciliation, Task Management, Transaction Matching, Journal Entry, and Intercompany Hub.