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Blackbaud (BLKB)
NASDAQ:BLKB
Blackbaud (BLKB) Stock Price & Analysis
214 Followers
BLKB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$64.32 - $88.56
Previous Close$77.52
Volume217.61K
Average Volume (3M)298.13K
Market Cap
$4.15B
Enterprise Value$4.93B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)3355.8
Beta0.87
Next Earnings
Apr 30, 2024EPS Estimate
$0.89Last Dividend Ex-Date
Feb 27, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)0.02
Shares Outstanding53,475,414
10 Day Avg. Volume369,357
30 Day Avg. Volume298,135
Standard Deviation0.09
R-Squared0.35
Alpha-0.00914
Financial Highlights & Ratios
Price to Book (P/B)-5.06
Price to Sales (P/S)3.75
Price to Cash Flow (P/CF)-312.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$79.33Price Target Upside3.42% Upside
Rating ConsensusHold
Number of Analyst Covering4
Blackbaud News
PremiumCompany Announcements
Blackbaud Receives Non-Binding Takeover Offer from Clearlake
Bulls Say, Bears Say
Bulls Say
Acquisition InterestClearlake, the company's largest shareholder, is in the process of speaking with advisors about a potential bid for the company.
Financial Growth OutlookRevenue guidance shows approximately 7.2% year-over-year organic growth, indicating a healthy increase in sales.
Share Buyback ProgramBlackbaud, Inc. intends to repurchase 7-10% of shares during 2024 under its $500M authorization, signaling confidence in the company's financial stability.
Bears Say
Financial Performance2024 EBITDA margin guidance is slightly below Street's estimates, reflecting increased cybersecurity investment costs.
Financial StrategyThe majority of the benefit from the accelerated share repurchase in 2024 will be offset by elevated interest expenses from the revolving credit facility.
Market CompetitionRisks for Blackbaud, Inc. include competition in a highly fragmented market and the dependency on non-profit organizations, which often have tight operating budgets.
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Ownership Overview
17.36% Insiders
31.11% Mutual Funds
24.00% Other Institutional Investors
27.53% Public Companies and
Individual Investors
BLKB FAQ
What was Blackbaud’s price range in the past 12 months?
Blackbaud lowest stock price was $64.32 and its highest was $88.56 in the past 12 months.
What is Blackbaud’s market cap?
Currently, no data Available
When is Blackbaud’s upcoming earnings report date?
Blackbaud’s upcoming earnings report date is Apr 30, 2024 which is in 11 days.
How were Blackbaud’s earnings last quarter?
Blackbaud released its earnings results on Feb 12, 2024. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.09.
Is Blackbaud overvalued?
According to Wall Street analysts Blackbaud’s price is currently Undervalued.
Does Blackbaud pay dividends?
Blackbaud pays a Quarterly dividend of $0.12 which represents an annual dividend yield of N/A. See more information on Blackbaud dividends here
What is Blackbaud’s EPS estimate?
Blackbaud’s EPS estimate is $0.89.
How many shares outstanding does Blackbaud have?
Blackbaud has 53,475,414 shares outstanding.
What happened to Blackbaud’s price movement after its last earnings report?
Blackbaud reported an EPS of $1.14 in its last earnings report, beating expectations of $1.05. Following the earnings report the stock price went down -14.846%.
Which hedge fund is a major shareholder of Blackbaud?
Among the largest hedge funds holding Blackbaud’s share is P2 Capital Partners, Llc. It holds Blackbaud’s shares valued at 143M.
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Blackbaud Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$79.33 (3.42% Upside)
$79.33 (3.42% Upside)
Blogger Sentiment
Neutral
BLKB Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 317.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 15.1%
Last 30 Days ▲ 12.3%
Last 30 Days ▲ 12.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
15.56%
12-Months-Change
Fundamentals
Return on Equity
0.23%
Trailing 12-Months
Asset Growth
-2.69%
Trailing 12-Months
Company Description
Blackbaud
Blackbaud, Inc. engages in the provision of cloud-based and on-premises software solutions and related services for the global philanthropic community. It offers solutions for fundraising and constituent relationship management (CRM), marketing, advocacy, accounting, peer-to-peer fundraising, corporate social responsibility (CSR), school management, ticketing, grantmaking, financial management, payment processing, and analytics. The company was founded by Anthony E. Bakker in 1981 and is headquartered in Charleston, SC.
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BLKB Company Deck
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BLKB Earnings Call
Q4 2024
0:00 / 0:00
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BLKB Revenue Breakdown
86.38% Social Sector
13.62% Corporate Sector
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BLKB Stock 12 Months Forecast
Average Price Target
$79.33
▲(3.42% Upside)
Technical Analysis
Best Analysts Covering BLKB
1 Year
1 Year Success Rate
7/9 ratings generated profit
1 Year Average Return
+5.87%
reiterated a buy rating 4 days ago
Copying Robert Oliver's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +5.87% per trade.
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