Blackbaud Inc [NASDAQ: BLKB] closed the trading session at $84.23.
The stocks have a year to date performance of -2.85 percent and weekly performance of 1.46 percent. The stock has been moved at 9.39 percent over the last six months. The stock has performed -3.72 percent around the most recent 30 days and changed 0.93 percent over the most recent 3-months.
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If compared to the average trading volume of 196.53K shares, BLKB reached to a volume of 133882 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Blackbaud Inc [BLKB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BLKB shares is $83.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BLKB stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Blackbaud Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 31, 2024. The new note on the price target was released on June 05, 2023, representing the official price target for Blackbaud Inc stock. Previously, the target price had yet another raise from $66 to $84, while Robert W. Baird kept a Outperform rating on BLKB stock.
The Average True Range (ATR) for Blackbaud Inc is set at 2.55, with the Price to Sales ratio for BLKB stock in the period of the last 12 months amounting to 3.72. The Price to Book ratio for the last quarter was 7.87, with the Price to Cash per share for the same quarter was set at 0.68. Price to Free Cash Flow for BLKB in the course of the last twelve months was 20.21 with Quick ratio for the last quarter at 0.68.
BLKB stock trade performance evaluation
Blackbaud Inc [BLKB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.46. With this latest performance, BLKB shares dropped by -3.72% in over the last four-week period, additionally plugging by 9.39% over the last 6 months – not to mention a rise of 11.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BLKB stock in for the last two-week period is set at 50.57, with the RSI for the last a single of trading hit 49.33, and the three-weeks RSI is set at 51.03 for Blackbaud Inc [BLKB]. The present Moving Average for the last 50 days of trading for this stock 83.70, while it was recorded at 86.09 for the last single week of trading, and 78.32 for the last 200 days.
Blackbaud Inc [BLKB]: An insightful look at the core fundamentals
Blackbaud Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.68 and a Current Ratio set at 0.68.
Earnings per share (EPS) analysis for Blackbaud Inc [BLKB] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BLKB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Blackbaud Inc go to 9.80%.
Blackbaud Inc [BLKB]: Institutional Ownership
There are presently around $96.47%, or 98.20%% of BLKB stock, in the hands of institutional investors. The top three institutional holders of BLKB stocks are: CLEARLAKE CAPITAL GROUP, L.P. with ownership of 9.75 million shares, which is approximately 18.7347%. VANGUARD GROUP INC, holding 5.51 million shares of the stock with an approximate value of $$419.82 million in BLKB stocks shares; and VANGUARD GROUP INC, currently with $$401.29 million in BLKB stock with ownership which is approximately 10.1212%.
