BLKB - Blackbaud, Inc.
| Previous Close | 78.25 |
| Open | 77.81 |
| Bid | 78.92 x 800 |
| Ask | 78.98 x 800 |
| Day's Range | 77.09 - 79.05 |
| 52 Week Range | 58.23 - 120.35 |
| Volume | 273,728 |
| Avg. Volume | 313,756 |
| Market Cap | 3.736B |
| Beta (3Y Monthly) | 1.59 |
| PE Ratio (TTM) | 84.91 |
| EPS (TTM) | 0.93 |
| Earnings Date | Apr 29, 2019 - May 3, 2019 |
| Forward Dividend & Yield | 0.48 (0.60%) |
| Ex-Dividend Date | 2019-02-26 |
| 1y Target Est | 76.50 |
- InvestorPlace•22 hours ago
7 Tech Stocks With Too Much Risk, Not Enough Upside
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.
- PR Newswire•2 days ago
Blackbaud Named One of America's Best Midsize Employers by Forbes
CHARLESTON, S.C., April 17, 2019 /PRNewswire/ -- Blackbaud (BLKB), the world's leading cloud software company powering social good, today announced that it has been named one of America's Best Midsize Employers by Forbes for the fourth consecutive year in the IT, Internet, Software & Services category. Blackbaud holds a unique position at the intersection of technology and social good, providing cloud software, services, expertise and data intelligence with a guiding vision to build a better world and a goal of powering transformative outcomes for its customers. To accomplish those ends, Blackbaud aspires to create an environment where employees feel not only connected to customers and invested in their success but also inspired to support the causes they care about personally.
- PR Newswire•3 days ago
Blackbaud Announces Date of First Quarter 2019 Financial Results
CHARLESTON, S.C. , April 16, 2019 /PRNewswire/ -- Blackbaud, Inc. (NASDAQ: BLKB), the world's leading cloud software company powering social good, will report its first quarter 2019 financial results ...
- PR Newswire•4 days ago
Allan Hoffmann Joins Blackbaud as President and General Manager, Canada
CHARLESTON, S.C., April 15, 2019 /PRNewswire/ -- Blackbaud (BLKB), the world's leading cloud software company powering social good, is pleased to announce that Allan Hoffmann will join the company as president and general manager leading its Canadian operations. Hoffmann joins Blackbaud with more than 20 years of experience building and leading high-performing teams to bring complex enterprise SaaS and cloud infrastructure solutions to new markets across commercial, public sector and nonprofit organizations. Most recently, he served as Canada's general manager of the education, nonprofit, and healthcare business at Amazon Web Services (AWS), providing on-demand cloud computing platforms to individuals, companies and governments on a metered pay-as-you-go basis.
- Simply Wall St.•7 days ago
Are Insiders Selling Blackbaud, Inc. (NASDAQ:BLKB) Stock?
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...
- PR Newswire•8 days ago
Blackbaud CTO Westmoreland Named One of Top 50 Most Powerful Women in Technology by the National Diversity Council
CHARLESTON, S.C., April 11, 2019 /PRNewswire/ -- Blackbaud (BLKB), the world's leading cloud software company powering social good, today announced that Mary Beth Westmoreland, the company's chief technology officer, has been named one of the 2019 Top 50 Most Powerful Women in Technology by the National Diversity Council (NDC). This distinctive list of female executives, influencers and achievers who impact the technology industry recognizes women who are molding the future of technology with their insight and leadership. Westmoreland, who was also named to the list in 2017, accepted the award today at the National Diversity and Leadership Conference in Dallas, Texas.
- Markit•10 days ago
See what the IHS Markit Score report has to say about Blackbaud Inc.
Blackbaud Inc NASDAQ/NGS:BLKBView full report here! Summary * ETFs holding this stock are seeing positive inflows * 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 | PositiveETF activity is positive. Over the last month, ETFs holding BLKB are favorable with net inflows of $72.32 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText 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 score@ihsmarkit.com.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.
- PR Newswire•16 days ago
Blackbaud and YourCause Release Comprehensive Global Report on Employee Engagement, Corporate Social Responsibility Trends
CHARLESTON, S.C., April 3, 2019 /PRNewswire/ -- YourCause, a Blackbaud (BLKB) company and a leader in corporate social responsibility software solutions, today announced the release of its seventh Industry Review, a comprehensive analysis of employee engagement and corporate social responsibility (CSR) programs. YourCause introduced the new report at its CSRworks client conference, an annual gathering of more than 300 clients, CSR and employee engagement professionals being held this week in Austin, Texas. Corporate citizenship formalizes a company's commitment towards positively impacting the community through workplace giving, employee volunteering, corporate grantmaking and ethical operations.
- Simply Wall St.•25 days ago
Did You Miss Blackbaud’s (NASDAQ:BLKB) Impressive 148% Share Price Gain?
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...
- PR Newswire•last month
Blackbaud Welcomes Students from South Carolina HBCUs for STEM Program
CHARLESTON, S.C., March 11, 2019 /PRNewswire/ -- Blackbaud (BLKB), the world's leading cloud software company powering social good, today will host a group of students from South Carolina historically black colleges and universities (HBCUs) at the company's world headquarters in Charleston, S.C. The students are part of the South Carolina Chamber of Commerce Education & Workforce Foundation's SC HBCU STEM program, which gives students hands-on experience and exposure to STEM (Science, Technology, Engineering, and Mathematics) careers.
- Zacks•last month
Why Is Blackbaud (BLKB) Up 5.5% Since Last Earnings Report?
Blackbaud (BLKB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- PR Newswire•last month
Blackbaud Partners with Fortune and U.S. State Department to Welcome Emerging Woman Leader from Poland
CHARLESTON, S.C., March 8, 2019 /PRNewswire/ -- Blackbaud (BLKB), the world's leading cloud software company powering social good, today announced that the company will host a rising business leader mentee as part of the Fortune – U.S. Department of State Global Women's Mentoring Partnership for the third consecutive year. Blackbaud will welcome Hanna Hieronimczuk, general manager of operations at StepStone.pl, an e-recruiting firm in Warsaw, Poland, for 10 days of onsite mentoring at the company's world headquarters in Charleston, S.C. The announcement was made in conjunction with Blackbaud's celebration of International Women's Day. The Fortune – U.S. Department of State Global Women's Mentoring Partnership is a public-private partnership between Fortune Most Powerful Women, the U.S. Department of State, and Vital Voices Global Partnership.
- GlobeNewswire•2 months ago
Report: Developing Opportunities within General Dynamics, Blackbaud, Sanofi, Magellan Midstream Partners, Air Transport Services Group, and Entergy — Future Expectations, Projections Moving into 2019
NEW YORK, March 04, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
- Simply Wall St.•2 months ago
Are Blackbaud, Inc.’s (NASDAQ:BLKB) Interest Costs Too High?
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...
- PR Newswire•2 months ago
Blackbaud Brings Internationally-Renowned Peer-to-Peer Fundraising Solution to U.S. at No Subscription Cost
CHARLESTON, S.C., Feb. 27, 2019 /PRNewswire/ -- Blackbaud (BLKB), the world's leading cloud software company powering social good, today announced the U.S. launch of the world's most trusted peer-to-peer fundraising solution—at no subscription cost. Blackbaud Peer-to-Peer Fundraising™, powered by JustGiving™, delivers an unparalleled opportunity for social good organizations, such as nonprofits, schools, healthcare institutions, and churches, to empower supporters to fundraise on their behalf.
- GuruFocus.com•2 months ago
Blackbaud Inc (BLKB) Files 10-K for the Fiscal Year Ended on December 31, 2018
Blackbaud Inc provides cloud software, services, expertise, and data intelligence. The dividend yield of Blackbaud Inc stocks is 0.63%. Blackbaud Inc had annual average EBITDA growth of 9.40% over the past ten years.
- PR Newswire•2 months ago
Blackbaud Institute Releases 2018 Charitable Giving Report
CHARLESTON, S.C., Feb. 20, 2019 /PRNewswire/ -- Blackbaud (BLKB), the world's leading cloud software company powering social good, today announced the release of the 2018 Charitable Giving Report by the Blackbaud Institute for Philanthropic Impact™. "The 2018 Charitable Giving Report shows the continuation of the longest sustained period of charitable giving growth since the last recession," said Steve MacLaughlin, Blackbaud's vice president of Data & Analytics and senior advisor to the Blackbaud Institute."Online giving is entering a new phase in which mobile and other digital channels continue to change how donors engage with nonprofit organizations, while Donor-Advised Funds (DAFs) continue to grow in response to supporter preferences and changes in incentives.
- Market Realist•2 months ago
Why Did the Moat Index Increase Its IT Exposure?
What Did 2018 Bring for Moat Stocks?(Continued from Prior Part)VanEck The most notable shift in the portfolio was the increase in information technology exposure. The U.S. Moat Index weighting of roughly 20% to information technology is now back to
- Morningstar•2 months ago
Blackbaud Sees Growth in Social Good
The company provides market-leading software that supports nonprofits, healthcare organizations, and educational institutions. Although we expect some near-term lumpiness in financial performance due to the transition, we think the company's ability to maintain its industry-leading longevity remains secure and we see better lifetime value from customers as they move to Blackbaud's cloud platform. As Blackbaud focuses on selling integrated cloud solutions to its markets, we think it can reinforce the stickiness of its solutions as it becomes easier for clients to add additional products.
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of BLKB earnings conference call or presentation 7-Feb-19 1:00pm GMT
Q4 2018 Blackbaud Inc Earnings Call
