81.58 +0.65 (0.81%)
After hours: 4:11PM EDT
|Bid||77.01 x 800|
|Ask||81.58 x 800|
|Day's Range||80.88 - 82.53|
|52 Week Range||58.23 - 120.35|
|Beta (3Y Monthly)||1.44|
|PE Ratio (TTM)||149.32|
|Forward Dividend & Yield||0.48 (0.62%)|
|1y Target Est||N/A|
In 2014 Mike Gianoni was appointed CEO of Blackbaud, Inc. (NASDAQ:BLKB). First, this article will compare CEO...
Blackbaud (BLKB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Blackbaud Inc NASDAQ/NGS:BLKBView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate Bearish sentimentShort interest | PositiveShort interest is moderate for BLKB with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.06 billion over the last one-month into ETFs that hold BLKB are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Today we'll evaluate Blackbaud, Inc. (NASDAQ:BLKB) to determine whether it could have potential as an investment idea...
Blackbaud (BLKB) first-quarter results benefit from solid adoption of Raiser's Edge NXT and Financial Edge NXT offerings. However, higher investments hurt margins.
CHARLESTON, S.C. (AP) _ Blackbaud Inc. (BLKB) on Tuesday reported a first-quarter loss of $1.1 million, after reporting a profit in the same period a year earlier. The results beat Wall Street expectations. Blackbaud expects full-year earnings in the range of $2.11 to $2.28 per share, with revenue in the range of $880 million to $910 million.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! If you're interested in Blackbaud, Inc. (NASDAQ:BLKB), then you might want to consider its beta (a me...
"Value has performed relatively poorly since the 2017 shift, but we believe challenges to the S&P 500’s dominance are mounting and resulting active opportunities away from the index are growing. At some point, this fault line will break, likely on the back of rising rates, and all investors will be reminded that the best time […]
Beep Inc. now has a CEO to lead its autonomous vision in Lake Nona. The company based in the southeast Orlando neighborhood named Joe Moye its chief executive on April 23. The announcement comes as Beep works to add two self-driving shuttle vehicles for the community in the next few months, with plans to add more later.
Blackbaud (BLKB) 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.
Tech stocks have been on a roll, but that's only the headline news. Don't think that because some of the big names are going gangbusters that the good news translates to all tech firms, even similar firms in the same sectors as the winners.The one thing that happens when earnings slow is investors start looking for strength, companies that can keep their earnings strong even when the economy gets weaker.The seven risky tech stocks to purge below represent the stocks of companies that now find themselves left out of the current tech surge. And if they're struggling now, it's not likely they'll find their footing during more challenging market conditions.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 S&P 500 Stocks to Weather the Earnings Storm They may not implode, but they will find it tough to grow. And when there are plenty of sectors -- and companies -- that will benefit from the slower, steady growth ahead, there's no point in holding these stocks and hoping for upside. Risky Tech Stocks: CoreLogic (CLGX)Source: Shutterstock CoreLogic Inc (NASDAQ:CLGX) is a data firm that specializes in analytics for the real estate business. It has 99.9% of the property records for U.S. housing, covering over 3,100 counties. It is a go-to resource for financial institutions, real estate companies and the like when valuing properties or managing the investment portfolios for companies.The problem is, even with low-interest rates, the housing market isn't taking off. Baby boomers are downsizing as they get older. And the younger generations who should be the next wave of home buying still remember the real estate bust a decade ago and aren't as interested in making a home their core asset.Plus, since many are strapped with student debt, it takes a lot more effort to even afford a home. Many college grads are still paying off student loans into their 30s, a time when most previous generations were buying first homes.That may explain why, even after a year-to-date run of 26% for the stock, CLGX is still off 7% in the past year and analysts are already bearish on its Q1 earnings. International Business Machines Corp (IBM)Source: Shutterstock International Business Machines Corp (NYSE:IBM) remains a force in the big tech world, but it's now less a headliner than it was before the dot-com boom started. Its R&D has always been stellar, but Big Blue is a textbook case of a big corporation that wasn't quick enough on its feet to take advantage of all the innovation it had sitting in its pipeline.Its sheer size has kept it in the game, as well as the quality it produces. But its story is like that of the U.S. auto industry. Hungry competition came in and changed not only the rules but the playing field and getting the biggest tech firm in the world (as it once was) to adapt was almost insulting to leadership.Even after several strategic missteps over the decades, it was even slow to jump into cloud computing. * 7 Stocks to Buy for Spring Season Growth Just this week, IBM stock slid after reporting an earnings miss for Q1. The stock rallied with all the other big tech but again, it's not finding a way to compete against its peers or even smaller niche firms that are eating into its business. Baidu (BIDU)Source: Simone.Brunozzi Via FlickrBaidu Inc ADR (NASDAQ:BIDU) is the second-largest internet search company in the world and the first Chinese stock admitted into the Nasdaq-100.Although, given its size and power in China and other places around the globe, it carries a $59 billion market cap in the U.S., whereas Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) has a market cap of $860 billion. But right now this is a value trap.The Chinese economy has been slow for a while, and one quarter of solid numbers doesn't mean this monster economy is on the mend. And given the fact that these improved numbers also help in trade negotiations with the US, they may not be as improved as we're led to believe.And BIDU is having some issues of its own. Search engine growth is slowing as the business matures and now the company is spending money to keep its growth going. Also, its autonomous vehicle investments are also drawing large sums of cash with little short-term benefit.There's potential here to be sure. But now isn't the time to buy in or hope for a quick turnaround. Blackbaud (BLKB)Source: Shutterstock Blackbaud Inc (NASDAQ:BLKB) is a niche player. It offers cloud-based and software solutions for the global philanthropic community.One of its key challenges now is like many software services companies before it - transitioning its software services to a cloud services model. BLKB is doing that, but it's a challenge when it also likely involves changing the revenue model and non-profits aren't usually known for moving quickly with changes since they have their own budgetary limitations.And while it shifts its delivery and revenue models, it's also having to invest to find more growth. Last year, growth started to slow. And now, many analysts only expect significant growth to return in 2020. * 7 Consumer Stocks to Buy and Hold for Years That may well work out and BLKB may be back on a growth track, but waiting and hoping for that to happen isn't really what investing is about. Also, you have to consider that there are a growing number of alternatives out there as well and once the non-profits are put in a position to re-evaluate their contracts, it may not work in BLKB's favor. DXC Technology Co (DXC)Source: Shutterstock DXC Technology Co (NYSE:DXC) is a technology consulting firm that focuses on global enterprises. Basically, that means it helps multi-national companies build out their tech platforms to better compete and execute.And that is DXC's niche. It works in all manner of industries, from manufacturing to healthcare to financial to aerospace and defense to consumer and retail. One of its recent newsworthy projects was working with BMW to accelerate its autonomous driving efforts.One of its top contracts is working on IT systems for the U.S. Postal Service.The two challenges DXC faces are:1) It's only 2 years old.2) It is looking for contracts in a global slowdown -- Europe is weak, Asia is stabilizing and the U.S. is slowing down.Because of its youth, there's no track record on how well it will deal with these challenges. And as far as its USPS contract goes, that could be challenged from the business or the government appropriations side.There's too much risk right now, too many potential competitors and too much ground to make up. LogMeIn (LOGM)Source: Shutterstock LogMeIn Inc (NASDAQ:LOGM) specializes in remote access and collaboration tools for businesses of all sizes. It supports more than 2 million users per day on its platforms and 5 billion voice minutes per year.One of its most popular platforms is GoToMeeting. It also has a number of other 'GoTo' platforms as well as OpenVoice, Jive and Grasshopper. It also has a set of engagement and support tools as well as identity and access tools to round out its complete set of collaboration platforms.Its tools target the small and medium-sized business sectors, which is a target rich environment for these tools. However, there is plenty of competition in the space. And the challenge with remote access is that workers' connectivity isn't always ideal and maintaining good connections can be a frustrating challenge. That means companies shop vendors. * 5 Semiconductor Stocks to Buy for a Spring Charge LOGM is having troubles with its growth and its competition. Q4 came in weak and then the company guided lower for Q1. And now, competitor Zoom is headed for an IPO with stellar growth numbers. All bad timing for LOGM. FireEye (FEYE)Source: David via Flickr (Modified)FireEye Inc (NASDAQ:FEYE) is a cybersecurity company. Now, this is one of those bulletproof megatrend sectors. But FEYE is a perfect example of how a rising tide doesn't raise all boats.FEYE stock hit its record high more than 5 years ago. It was trading over 80. Now the stock is around 16. And it has been trading in the teens for the past 3 years.Now, there's no doubt that the company has some great technology. But this goes to show that running a tech company isn't all about having great technology. You have to know how to run the business, too.For most of the stocks in this article, Q1 has been very good to them, even those that are underwater for the year got a need boost in Q1.Not FEYE. It had a disappointing Q4 and then guided lower for Q1.There are some bulls out there that say the company is transitioning out of hardware and focusing on its software platforms, which can boost its paltry margins. And that may be so. But do you want to wait for that to possibly happen or put your money somewhere that is already doing just that?Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 7 Tech Stocks With Too Much Risk, Not Enough Upside appeared first on InvestorPlace.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! When you buy a stock there is always a possibilityRead More...
Blackbaud (BLKB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Blackbaud, Inc. (NASDAQ:BLKB), with a market cap of US$3.7b, often get neglectedRead More...