Blackbaud Inc (NASDAQ: BLKB) has reported E.P.S. of $0.10 for its first fiscal quarter (ending March 31) versus $-0.28 for the same period a year ago. Relative to the consensus estimate of $1.07, this was a shortfall of $-0.97. For the latest four quarters through March 31, E.P.S. were $0.41 compared to $-0.96 a year ago.
Recent Price Action
Blackbaud Inc (NASDAQ: BLKB) stock closed at $77.92 on 4/30/24 after a modest decline of -1.2%. Trading volume in this decline was normal. The stock has declined -0.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
BLKB’s future returns on capital are forecasted to be above 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 D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Blackbaud has a neutral Power Rating of 46 but a poor Appreciation Score of 24, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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