A new trading day began on Tuesday, with BlackLine Inc (NASDAQ: BL) stock price up 3.28% from the previous day of trading, before settling in for the closing price of $55.76. BL’s price has ranged from $40.82 to $66.25 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 17.72%. Meanwhile, its annual earnings per share averaged -2.02%. With a float of $51.02 million, this company’s outstanding shares have now reached $62.26 million.
The extent of productivity of a business whose workforce counts for 1830 workers is very important to gauge. In terms of profitability, gross margin is 75.29%, operating margin of 3.21%, and the pretax margin is 17.95%.
BlackLine Inc (BL) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of BlackLine Inc is 18.13%, while institutional ownership is 95.01%. The most recent insider transaction that took place on May 28 ’25, was worth 43,836. In this transaction Chief Accounting Officer of this company sold 795 shares at a rate of $55.14, taking the stock ownership to the 25,235 shares. Before that another transaction happened on May 21 ’25, when Company’s Chief Revenue Officer sold 1,856 for $54.65, making the entire transaction worth $101,430. This insider now owns 61,390 shares in total.
BlackLine Inc (BL) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.02% per share during the next fiscal year.
BlackLine Inc (NASDAQ: BL) Trading Performance Indicators
Here are BlackLine Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.41. Likewise, its price to free cash flow for the trailing twelve months is 20.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.17, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 2.29 in one year’s time.
Technical Analysis of BlackLine Inc (BL)
The latest stats from [BlackLine Inc, BL] show that its last 5-days average volume of 0.72 million was inferior to 0.75 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 90.29%. Additionally, its Average True Range was 1.40.
During the past 100 days, BlackLine Inc’s (BL) raw stochastic average was set at 65.95%, which indicates a significant decrease from 96.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.67% in the past 14 days, which was lower than the 47.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.77, while its 200-day Moving Average is $54.53. Now, the first resistance to watch is $58.47. This is followed by the second major resistance level at $59.35. The third major resistance level sits at $60.96. If the price goes on to break the first support level at $55.98, it is likely to go to the next support level at $54.37. Assuming the price breaks the second support level, the third support level stands at $53.49.
BlackLine Inc (NASDAQ: BL) Key Stats
With a market capitalization of 3.59 billion, the company has a total of 62,320K Shares Outstanding. Currently, annual sales are 653,340 K while annual income is 165,810 K. The company’s previous quarter sales were 166,930 K while its latest quarter income was 4,880 K.
