The price-to-earnings ratio for Blackbaud Inc (NASDAQ: BLKB) is 98.57x, which is above its average ratio. Moreover, the 36-month beta value for BLKB is 1.01. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for BLKB is 40.83M and currently, short sellers hold a 1.39% of that float. On August 07, 2024, BLKB’s average trading volume was 225.87K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
BLKB) stock’s latest price update
Blackbaud Inc (NASDAQ: BLKB)’s stock price has gone rise by 2.71 in comparison to its previous close of 75.43, however, the company has experienced a -2.40% decrease in its stock price over the last five trading days. prnewswire.com reported 2024-08-07 that Highlights include updated financial education courses, a new health and wellness course, and new platform features for educators CHARLESTON, S.C., Aug. 7, 2024 /PRNewswire/ — EVERFI® from Blackbaud®, the leader in powering social impact through education, is releasing new and updated K-12 digital resources to its learning platform, just in time for the new school year.
BLKB’s Market Performance
Blackbaud Inc (BLKB) has experienced a -2.40% fall in stock performance for the past week, with a 3.99% rise in the past month, and a -1.43% drop in the past quarter. The volatility ratio for the week is 3.32%, and the volatility levels for the past 30 days are at 1.99% for BLKB. The simple moving average for the past 20 days is -0.35% for BLKB’s stock, with a 0.74% simple moving average for the past 200 days.
Analysts’ Opinion of BLKB
Many brokerage firms have already submitted their reports for BLKB stocks, with Raymond James repeating the rating for BLKB by listing it as a “Outperform.” The predicted price for BLKB in the upcoming period, according to Raymond James is $88 based on the research report published on June 05, 2023 of the previous year 2023.
Robert W. Baird, on the other hand, stated in their research note that they expect to see BLKB reach a price target of $84, previously predicting the price at $66. The rating they have provided for BLKB stocks is “Outperform” according to the report published on May 04th, 2023.
Stifel gave a rating of “Hold” to BLKB, setting the target price at $75 in the report published on July 16th of the previous year.
BLKB Trading at 0.48% from the 50-Day Moving Average
After a stumble in the market that brought BLKB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.52% of loss for the given period.
Volatility was left at 1.99%, however, over the last 30 days, the volatility rate increased by 3.32%, as shares surge +3.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.98% lower at present.
During the last 5 trading sessions, BLKB fell by -2.05%, which changed the moving average for the period of 200-days by +12.80% in comparison to the 20-day moving average, which settled at $77.89. In addition, Blackbaud Inc saw -10.64% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BLKB starting from Olson Jon W, who proposed sale 4,000 shares at the price of $76.00 back on Aug 05 ’24. After this action, Olson Jon W now owns shares of Blackbaud Inc, valued at $304,000 using the latest closing price.
ELLIS GEORGE H, the Director of Blackbaud Inc, proposed sale 8,451 shares at $78.12 during a trade that took place back on Aug 02 ’24, which means that ELLIS GEORGE H is holding shares at $660,190 based on the most recent closing price.
Stock Fundamentals for BLKB
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.55 for the gross margin
The net margin for Blackbaud Inc stands at 0.04. The total capital return value is set at 0.07. Equity return is now at value 6.19, with 1.35 for asset returns.
Based on Blackbaud Inc (BLKB), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 1.78. The interest coverage ratio of the stock is 8.79.
Currently, EBITDA for the company is 154.19 million with net debt to EBITDA at 4.93. When we switch over and look at the enterprise to sales, we see a ratio of 4.42. The receivables turnover for the company is 7.31for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.80.
Conclusion
To wrap up, the performance of Blackbaud Inc (BLKB) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
