Analyst Ratings for Blackbaud Inc. (BLKB)

Updated: 2017-07-26

An average rating of Overweight has been given to Blackbaud Inc. (NASDAQ:BLKB) by analysts covering the stock. About 30 days ago, BLKB was issued an average rating of Overweight.

11 analysts issued ratings on the stock, where 4 gave BLKB a buy rating, 1 gave an overweight rating, 5 issued a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for BLKB. The maximum price target given was 104, implying a possible profit of 12.04 percent. The most pessimistic analyst gave a price target of 70, implying potential capital losses of -24.59 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -3.46 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.21 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

BLKB has an estimated earnings growth rate of 67.84 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. BLKB has a PEG ratio of 1.43.

In the trailing 52-weeks, BLKB hit 93.03 at the highest peak, while it's lowest trading point was 55.88. The current market price is above the trailing year's low by 66.11 percent, and 0.23 percent lower than its 52-week high. BLKB has a P/E ratio of 96.69. Investors typically compare the P/E ratio to a company's peers in the industry. The BLKB value stock report compares BLKB to some of its peers using value stock charts. The stock has a market capitalization of $4.45 billion. BLKB will post this quarters earnings in days, on 0000-00-00.