BL - BlackLine, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
51.04
-0.22 (-0.43%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close51.26
Open50.44
Bid50.72 x 800
Ask51.05 x 1200
Day's Range50.59 - 51.56
52 Week Range34.01 - 58.11
Volume366,187
Avg. Volume616,759
Market Cap2.824B
Beta (3Y Monthly)0.87
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • 5 More Cloud Stocks With Plenty of Potential
    InvestorPlace

    5 More Cloud Stocks With Plenty of Potential

    As we said before, cloud stocks are the stocks to buy these days. From accessing your photos on your phone to performing complex data analysis at work, hardly a day goes by that you aren't harnessing the power of the cloud. Cloud computing has taken both the enterprise and consumer world by storm. Plenty of money has been made by investors playing the trend.However, it isn't just the big boys like Adobe (NASDAQ:ADBE) or Microsoft (NASDAQ:MSFT) that are winning in the cloud. There are plenty of smaller cloud stocks as well.It's in those smaller cloud stocks where future gains can be had. Many of the smaller cloud stocks feature double-digit revenue growth and operate in some necessary niches. Moreover, the growth is showing no signs of slowing as many of the addressable markets for these smaller cloud players are massive. Adding in the buyout potential from larger software stocks and you have a recipe for long-term gains.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Safe Dividend Stocks for Investors to Buy Right Now When it comes to the cloud, think smaller is better. With that, here are five more cloud stocks to buy with wonderful potential. Cloud Stocks to Buy: Blackline Inc (BL)Cloud stocks work best when they tackle a boring segment of the business, remove redundancies and simplifying processes. Nothing could be more boring than accounting. And one of the most tedious and time-consuming processes in accounting continues to be the month-end close.That's where Software-as-a-Service (SaaS) firm BlackLine (NYSE:BL) comes in.Right now, most accounting departments collect data on a monthly or quarterly basis and then process it. Transactions are recorded, reconciliations are made, and the journal entries are posted. It creates this blitzkrieg of long hours and sleepless nights each month.BL's software is revolutionizing that arduous process. It collects data in real-time and then automatically processes it accordingly. This eliminates the workload and allows accountants to focus on bigger picture things.It's no wonder why BL's sales and customer numbers are surging. Last quarter alone, Blackline managed to score 106 new customers to reach a total of 2,813. Meanwhile, revenues jumped 26% year-over-year. And this isn't just a one-off thing. BL has had several quarters in a row of new customer and sales growth. Its process works and is helping the firm move quickly towards profitability.The best part is that the addressable market is huge. There are plenty of companies -- both big and small -- that will benefit from Blackline's software. Given the long-term potential, BL could be one of the best cloud stocks to buy for today and tomorrow. HubSpot (HUBS)These days, it can be hard for businesses and services to score new customers. Inbound marketing firm HubSpot (NASDAQ:HUBS) is making that process of acquiring new customers and keeping existing ones a breeze.HUBS offers a suite of cloud tools that allow businesses to connect with customers. This includes creating content, sending out emails, social media functions, blogs, marketing automation, and even SEO tools. Its sales and services hubs allow its users the ability to track future potential customers as well as take care of them once they are on board. And it turns out, HubSpot's platform is very good. More than 60,500 customers -- including names like Subaru and Doordash -- use it.The key for HUBS is its business model. The firm uses what's called a "freemium" model. This allows a business to use some features of HubSpot's platform gratis. However, extras and additional capabilities require a monthly subscription. The idea is that firms will like what they see and then stick around. And they do: HUBS features retention rates near 100%, while subscription revenues jumped more than 34% last quarter. Clearly, HubSpot's model is working and it should continue to work. * 7 Stocks Under $7 to Invest in Now The firm is profitable and features nearly $1 billion in cash on its balance sheet. This reduces the risk in shares. When it comes to cloud stocks, HUBS is providing a much-needed service to a growing client base and it's doing it right. Veeva Systems (VEEV)Given the numerous regulations that govern healthcare, cutting through the clutter can be very hard. It takes a deft hand to dot all the I's and cross all the T's. One misstep and the FDA won't approve a drug, or you'll end up getting sued by a patient.Because of this Veeva Systems (NASDAQ:VEEV) is quickly becoming a giant among the cloud stocks.VEEV produces various applications for the life sciences and biotech industry, drug producers, as well as hospitals. These solutions include everything from collecting trial data during drug development to customer management tools for pharmaceutical companies. From development to commercial processes, VEEV really does it all in healthcare.Because of the necessity of Veeva's products, the firm's customer list reads like a who's who of biotechs and big pharma. This includes top customers like Merck (NYSE:MRK) and Takeda, which use VEEV's products across a variety of lines. The best part is they pay some big bucks to do that.During its last reported quarter, total revenues jumped 25%, while key subscription revenues gained more than 27%. That's helped Veeva see its profits jump 62% year-over-year. What's nuts is that VEEV still has plenty of more opportunities to add additional customers and expand. Upselling and new products keep customers coming back for more. Veeva's future profit potential is very good indeed.For investors, VEEV is a prime example of how cloud stocks can successfully win in niches. Zuora Inc (ZUO)Source: Shutterstock You've probably noticed that you're paying a lot more in subscriptions these days rather than outright ownership. From music and software to even your morning coffee, we're shelling out plenty of monthly checks to run our lives. Heck, even most of the cloud stocks on this list run on a subscription model. From a business point of view, this reoccurring revenue provides plenty of stable cash flows to build upon.Helping other companies transition to this subscription economy is Zuora (NASDAQ:ZUO).ZUO provides SaaS applications that are designed get firms into the subscription mindset. This includes automating recurring billing, collections, quoting, and revenue recognition. Where Zuora differentiates itself is that its software is complimentary to Financial Accounting Standards Board rules. The problem is switching from standard invoicing to subscriptions is difficult when it comes to accounting practices and recognizing revenues over the life of a contract. The cloud stock's Zuora Billing and Zuora RevPro products allow this to happen with ease and provide real data-driven insight as to what's happening.Given that some analysts think even your dishwasher will be run via a subscription in future, ZUO has plenty of potential. It just might take a bit to get there. The stock has struggled recently as it recognizes its sales staff. However, the firm continues to see swift revenue growth from its operations. * 10 Stocks to Buy on the Trade War Dip This is one cloud stock to buy now for gains later. Elastic N.V. (ESTC)Source: Shutterstock Everyone would love to go back and buy Google (NASDAQ:GOOG, NASDAQ:GOOGL) stock when it first IPO'd. With the cloud, we finally have our chance. This is courtesy of Elastic N.V. (NASDQ:ESTC).ESTC is like Google in that it also operates a search engine. However, the firm doesn't comb the internet for terms, it looks through the billions of data points companies generate each day. The part that's exciting is that Elastic's various products highlight this data via search terms and presents it in an easy-to-read interface. ESTC uses standard API protocols to comb through a firm's data. This allows users to really take a look at all the various vendors it uses to pull exactly what they need when they need it.ESTC's search capabilities can be expanded into applications for consumers as well. Uber (NASDAQ:UBER) uses Elastic's capabilities to match drivers and riders, while dating app Tinder uses it for a similar function. But the potential is there for both enterprise and consumer-facing applications to dig deep into data for desired outcomes.And like the early days of GOOG, ESTC is growing like a weed -- with revenues increasing at a rate of approximately 70% annually. This has come from both existing customers expanding their relationships with the firm as well as plenty of new additions to its umbrella.For investors, the addressable market and end use for ESTC's products are huge and we're still in the early innings. Given Google's massive long-term runup, Elastic could be a very fruitful investment.At the time of writing, Aaron Levitt did not own a position in any of the stocks mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Real Estate Investments to Ride Out the Current Storm * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * 7 Safe Dividend Stocks for Investors to Buy Right Now The post 5 More Cloud Stocks With Plenty of Potential appeared first on InvestorPlace.

  • The Secret to BlackLine's Success
    Motley Fool

    The Secret to BlackLine's Success

    When this accounting software-as-a-service company gains customers, it knows how to keep them.

  • GuruFocus.com

    Blackline Inc (BL) CFO Mark Partin Sold $1.1 million of Shares

    CFO of Blackline Inc (30-Year Financial, Insider Trades) Mark Partin (insider trades) sold 20,000 shares of BL on 08/05/2019 at an average price of $54.75 a share. Continue reading...

  • Here's Why BlackLine Soared 30% Friday
    Motley Fool

    Here's Why BlackLine Soared 30% Friday

    This under-the-radar SaaS company is a game changer for the accounting profession.

  • TheStreet.com

    BlackLine Climbs on Second-Quarter Earnings Beat

    BlackLine shares are surging Friday after the financial accounting software company beat Wall Street's second-quarter earnings and revenue expectations.

  • Why BlackLine Stock Is Soaring Today
    Motley Fool

    Why BlackLine Stock Is Soaring Today

    Shares pop after the company reports upbeat second-quarter results and issues bullish guidance.

  • BlackLine, Inc. (BL) Q2 2019 Earnings Call Transcript
    Motley Fool

    BlackLine, Inc. (BL) Q2 2019 Earnings Call Transcript

    BL earnings call for the period ending June 30, 2019.

  • BLACKLINE INC (BL) Surpasses Q2 Earnings and Revenue Estimates
    Zacks

    BLACKLINE INC (BL) Surpasses Q2 Earnings and Revenue Estimates

    BLACKLINE INC (BL) delivered earnings and revenue surprises of 400.00% and 2.42%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • BLACKLINE INC (BL) Earnings Expected to Grow: Should You Buy?
    Zacks

    BLACKLINE INC (BL) Earnings Expected to Grow: Should You Buy?

    BLACKLINE INC (BL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • What Makes BLACKLINE INC (BL) a New Buy Stock
    Zacks

    What Makes BLACKLINE INC (BL) a New Buy Stock

    BLACKLINE INC (BL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).

  • 3 Stocks to Hold for the Next 20 Years
    Motley Fool

    3 Stocks to Hold for the Next 20 Years

    These businesses are likely to be better than ever two decades from now.

  • GuruFocus.com

    Watch These Fintech Stocks Closely

    Fintech is a growing industry with plenty of opportunities for investors

  • Why EOG Resources, Acuity Brands, and BlackLine Slumped Today
    Motley Fool

    Why EOG Resources, Acuity Brands, and BlackLine Slumped Today

    Find out what left these stocks struggling.

  • At US$53.93, Is It Time To Put BlackLine, Inc. (NASDAQ:BL) On Your Watch List?
    Simply Wall St.

    At US$53.93, Is It Time To Put BlackLine, Inc. (NASDAQ:BL) On Your Watch List?

    BlackLine, Inc. (NASDAQ:BL), which is in the software business, and is based in United States, saw a decent share...

  • Zacks

    Dow Closes Above 26K on 6th Straight Day of Gains

    Dow Closes Above 26K on 6th Straight Day of Gains

  • Did You Miss BlackLine's (NASDAQ:BL) 20% Share Price Gain?
    Simply Wall St.

    Did You Miss BlackLine's (NASDAQ:BL) 20% Share Price Gain?

    The simplest way to invest in stocks is to buy exchange traded funds. But investors can boost returns by picking...

  • The Best Fintech Stocks to Buy in 2019 and Beyond
    Motley Fool

    The Best Fintech Stocks to Buy in 2019 and Beyond

    Fintech is transforming the financial industry from the inside out, and there will be lots of winners and losers. Before you invest, know these basic guidelines to this growing industry.

  • Is BlackLine, Inc. (BL) A Good Stock To Buy?
    Insider Monkey

    Is BlackLine, Inc. (BL) A Good Stock To Buy?

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]

  • 3 Big Takeaways From BlackLine's First Quarter
    Motley Fool

    3 Big Takeaways From BlackLine's First Quarter

    The company is carving out a profitable niche by disrupting legacy accounting services with a cloud-based, software-as-a-service platform.

  • BlackLine, Inc. (BL) Q1 2019 Earnings Call Transcript
    Motley Fool

    BlackLine, Inc. (BL) Q1 2019 Earnings Call Transcript

    BL earnings call for the period ending March 31, 2019.

  • Benzinga

    Oppenheimer Takes Wait-And-See Approach To BlackLine

    BlackLine Inc (NASDAQ: BL ) reported first-quarter revenue and EPS ahead of expectations Thursday and raised its full-year guidance. Billings continued to underwhelm in the quarter due to few new customer ...

  • 3 Top Small-Cap Stocks to Buy Right Now
    Motley Fool

    3 Top Small-Cap Stocks to Buy Right Now

    Small-cap stocks can be an exciting place to invest, and here are three that could produce huge long-term returns.

  • BLACKLINE INC (BL) Tops Q1 Earnings and Revenue Estimates
    Zacks

    BLACKLINE INC (BL) Tops Q1 Earnings and Revenue Estimates

    BLACKLINE INC (BL) delivered earnings and revenue surprises of 300.00% and 1.28%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Analysts Estimate BLACKLINE INC (BL) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate BLACKLINE INC (BL) to Report a Decline in Earnings: What to Look Out for

    BLACKLINE INC (BL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • 'More work' needs to be done for female entrepreneurs: BlackLine CEO
    CNBC Videos

    'More work' needs to be done for female entrepreneurs: BlackLine CEO

    Therese Tucker of BlackLine discusses the gender gap in the technology sector. She also explains why she says BlackLine "should have failed."