Blackbaud Inc [BLKB] stock prices are up 0.68% to $67.03 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BLKB shares have gain 4.65% over the last week, with a monthly amount drifted -14.13%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Blackbaud Inc [NASDAQ: BLKB] stock has seen the most recent analyst activity on October 31, 2024, when Robert W. Baird downgraded its rating to a Neutral and also revised its price target to $80 from $92. Previously, Raymond James upgraded its rating to Outperform on June 05, 2023, and kept the price target unchanged to $88. On May 04, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $84 on the stock. The Benchmark Company upgraded its rating to a Buy but $88 remained the price target by the analyst firm on February 10, 2021. Stephens started tracking with a Overweight rating for this stock on August 28, 2020, and assigned it a price target of $80. In a note dated April 20, 2020, Evercore ISI upgraded an In-line rating on this stock but restated the target price of $55.
The stock price of Blackbaud Inc [BLKB] has been fluctuating between $63.69 and $88.95 over the past year. Currently, Wall Street analysts expect the stock to reach $87.5 within the next 12 months. Blackbaud Inc [NASDAQ: BLKB] shares were valued at $67.03 at the most recent close of the market. An investor can expect a potential return of 30.54% based on the average BLKB price forecast.
Analyzing the BLKB fundamentals
The Blackbaud Inc [NASDAQ:BLKB] reported sales of 1.16B for trailing twelve months, representing a surge of 2.37%. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at -0.23%, Pretax Profit Margin comes in at -0.27%, and Net Profit Margin reading is -0.25%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.64 and Total Capital is -0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of7.81.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 65.81 points at the first support level, and at 64.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.88, and for the 2nd resistance point, it is at 70.74.
Ratios To Look Out For
It’s worth pointing out that Blackbaud Inc [NASDAQ:BLKB]’s Current Ratio is 0.78. As well, the Quick Ratio is 0.78, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.86, the price to book ratio is 23.25.
Transactions by insiders
Recent insider trading involved Olson Jon W, SVP and General Counsel, that happened on Feb 24 ’25 when 3700.0 shares were sold. Officer, Olson Jon W completed a deal on Feb 24 ’25 to buy 3700.0 shares. Meanwhile, President and CEO Gianoni Michael P sold 17635.0 shares on Nov 22 ’24.
