Blackbaud (NASDAQ:BLKB) Releases FY 2025 Earnings Guidance

Blackbaud (NASDAQ:BLKB) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 4.160-4.350 for the period, compared to the consensus earnings per share estimate of 4.670. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.2 billion.

Blackbaud Stock Performance

Shares of BLKB stock opened at $79.88 on Tuesday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.68 and a current ratio of 0.68. Blackbaud has a fifty-two week low of $66.47 and a fifty-two week high of $88.95. The company has a market capitalization of $3.93 billion, a P/E ratio of 78.31 and a beta of 1.08. The stock has a 50 day moving average price of $77.07 and a two-hundred day moving average price of $80.41.

Blackbaud (NASDAQ:BLKB) last announced its quarterly earnings results on Tuesday, February 18th. The technology company reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.50). Blackbaud had a net margin of 4.61% and a return on equity of 20.34%. Analysts expect that Blackbaud will post 2.6 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on BLKB shares. Robert W. Baird downgraded shares of Blackbaud from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $92.00 to $80.00 in a research note on Thursday, October 31st. Baird R W lowered Blackbaud from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $86.67.

Insider Transactions at Blackbaud

In other Blackbaud news, CFO Anthony W. Boor sold 10,000 shares of Blackbaud stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $84.85, for a total value of $848,500.00. Following the sale, the chief financial officer now owns 140,262 shares of the company’s stock, valued at $11,901,230.70. The trade was a 6.66 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Michael P. Gianoni sold 9,479 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $88.13, for a total value of $835,384.27. Following the transaction, the chief executive officer now owns 344,079 shares of the company’s stock, valued at $30,323,682.27. This represents a 2.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 20,279 shares of company stock valued at $1,750,404 over the last 90 days. Company insiders own 1.95% of the company’s stock.

Blackbaud Company Profile

Blackbaud, Inc provides cloud software solutions to nonprofits, foundations, education institutions, and healthcare organizations in the United States and internationally. The company offers fundraising and engagement solutions, such as Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud eTapestry, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving, Blackbaud Fundraiser Performance Management, Blackbaud Guided Fundraising, and Blackbaud Altru; and financial management solutions comprising Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid and Billing Management.