Blackbaud Inc (NASDAQ: BLKB) has reported E.P.S. of $0.43 for its second fiscal quarter (ending June 30) versus $0.04 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $0.80 compared to $-0.85 a year ago.
Recent Price Action
Blackbaud Inc (NASDAQ: BLKB) stock closed at $80.36 on 7/30/24 after a modest gain of 0.4%. Moreover, above average trading volume at 126% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 2.9% during the last week.
Current PriceTarget Research Rating
BLKB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Blackbaud has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Blackbaud has a slightly negative Power Rating of 36 and a poor Appreciation Score of 26, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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