Blackbaud, Inc. (BLKB):
Blackbaud, Inc. (NASDAQ:BLKB) stock finished at $98.42 and recorded change of -0.40% in Thursday trading session. The Company kept 47.7M Floating Shares and holds 48.64M shares outstanding. The recent trading activity revealed that the stock price is at 21.34% off from its 52-week low and traded with move of -15.21% from high printed in the last 52-week period.
Blackbaud (NASDAQ:BLKB), the world’s leading cloud software company powering social good, recently named Susan Connors president and general manager of its Managed Services business, which provides expertise through a range of operational services—from database, campaign and digital management to staff augmentation and more—to help customers scale their impact with measurable outcomes and increased efficiency.
Connors has a Bachelor of Science in Business Administration, Finance from George Mason University, and is currently a member of the Project Management Institute (PMI) and Worchester County Beekeepers Association.
Walter Loiselle, Blackbaud’s senior vice president of customer operations said “Many of the world’s leading enterprise nonprofits and other social good organizations have seen tremendous value-add from Blackbaud’s managed services offerings”. “As a customer champion who is relentlessly committed to helping them grow and scale their missions, Susan Connors was directly responsible for the expansion of our offerings and the increased demand for them over the last two years. Now, as president and general manager of Managed Services, she will again expand our industry-leading offerings to bring new value to customers, large and small.”
Connors brings more than 25 years of leadership experience in data sciences, services, support, operations and direct marketing prior to her leadership role at Blackbaud. Prior to joining the company in 2016, Connors served as senior vice president and general manager of data services, as well as senior vice president of operations, at Zeta Interactive. During her time at Zeta, she led its separation from eBay and the integration into Zeta for a 400-person division to include conversion of systems, services, and support of $75 million in revenue and more than 120 accounts. Prior to Zeta, she served in senior leadership roles for companies including eBay, Quaero, Merkle Inc. and Harte-Hanks Direct Marketing.
Shares price moved with -11.87% from its 50 Day high and distanced at 3.30% from 50 Day low. Analyses consensus rating score stands at 2.4. For the next one year period, the average of individual price target estimates referred by covering sell-side analysts is $106.2.
As took short look on profitability, the firm profit margin which was recorded 8.90%, and operating margin was noted at 8.70%. The company maintained a Gross Margin of 54.90%. The Insiders ownership is 1.50%. Company has kept return on investment (ROI) at 7.20% over the previous 12 months and has been able to maintain return on asset (ROA) at 5.10% for the last twelve months. Return on equity (ROE) recorded at 23.70%.
Blackbaud, Inc. (BLKB) stock recent traded volume stands with 394981 shares as compared with its average volume of 262.44K shares. The relative volume observed at 1.51.
The company’s earnings per share shows growth of 9.60% for the current year and expected to arrive earnings growth for the next year at 13.78% . Analyst projected EPS growth for the next 5 years at12.05%. The company’s EPS growth rate for past five years was 45.50%. The earnings growth rate for the next years is an important measure for investors planning to hold onto a stock for several years. The company’s earnings will usually have a direct relationship to the price of the company’s stock. The stock observed Sales growth of 12.00% during past 5 years. EPS growth quarter over quarter stands at 36.40% and Sales growth quarter over quarter is at 10.30%.
Blackbaud, Inc. (BLKB) stock moved below -2.15% in contrast to its 20 day moving average displaying short-term a downward movement of stock. It shifted -5.03% below its 50-day simple moving average. This is showing medium-term pessimistic trend based on SMA 50. The stock price went overhead 2.13% from its 200-day simple moving average identifying long-term up trend.