Analysts See $0.44 EPS for Blackbaud, Inc. (BLKB)

January 20, 2018 - By Winifred Garcia

 Analysts See $0.44 EPS for Blackbaud, Inc. (BLKB)
Investors sentiment decreased to 1.35 in 2017 Q3. Its down 0.07, from 1.42 in 2017Q2. It is negative, as 21 investors sold Blackbaud, Inc. shares while 59 reduced holdings. 29 funds opened positions while 79 raised stakes. 52.08 million shares or 0.90% less from 52.56 million shares in 2017Q2 were reported.
Ameriprise reported 338,542 shares or 0.01% of all its holdings. Bluemountain Ltd Liability Corp holds 0% or 1,076 shares in its portfolio. Glenmede Na holds 0% or 5,054 shares in its portfolio. Goldman Sachs Grp holds 0% in Blackbaud, Inc. (NASDAQ:BLKB) or 206,940 shares. 24,525 are owned by Sit Associate. Weaver C Barksdale And Associates Inc reported 0% stake. Fmr Limited Liability Com invested 0% in Blackbaud, Inc. (NASDAQ:BLKB). Raymond James Tru Na holds 0.02% or 2,804 shares. Legal & General Public Ltd Company owns 41,988 shares for 0% of their portfolio. Voya Inv Management Limited Liability Company owns 0% invested in Blackbaud, Inc. (NASDAQ:BLKB) for 21,942 shares. California State Teachers Retirement has invested 0.01% in Blackbaud, Inc. (NASDAQ:BLKB). Guggenheim Cap Limited Liability Corp accumulated 0% or 16,755 shares. Diversified Trust Co has invested 0.05% in Blackbaud, Inc. (NASDAQ:BLKB). Champlain Invest Partners Ltd Company invested in 2.37 million shares or 2.46% of the stock. Huntington Financial Bank invested in 0% or 2,526 shares.

Since August 8, 2017, it had 0 buys, and 6 insider sales for $1.77 million activity. Nash Sarah E had sold 1,105 shares worth $93,682. 5,282 shares valued at $444,956 were sold by Olson Jon W on Thursday, August 31. Shares for $351,080 were sold by Gianoni Michael P. 3,000 shares were sold by ELLIS GEORGE H, worth $256,200.

Analysts expect Blackbaud, Inc. (NASDAQ:BLKB) to report $0.44 EPS on February, 14.They anticipate $0.06 EPS change or 12.00 % from last quarter’s $0.5 EPS. BLKB’s profit would be $20.68 million giving it 54.43 P/E if the $0.44 EPS is correct. After having $0.42 EPS previously, Blackbaud, Inc.’s analysts see 4.76 % EPS growth. The stock increased 1.40% or $1.32 during the last trading session, reaching $95.8. About 302,137 shares traded or 23.42% up from the average. Blackbaud, Inc. (NASDAQ:BLKB) has risen 35.80% since January 20, 2017 and is uptrending. It has outperformed by 19.10% the S&P500.

Blackbaud, Inc. (NASDAQ:BLKB) Ratings Coverage

Among 12 analysts covering Blackbaud Inc (NASDAQ:BLKB), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Blackbaud Inc has $112 highest and $66 lowest target. $88.86’s average target is -7.24% below currents $95.8 stock price. Blackbaud Inc had 25 analyst reports since October 13, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Blackbaud, Inc. (NASDAQ:BLKB) on Wednesday, October 18 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, February 10. The stock of Blackbaud, Inc. (NASDAQ:BLKB) has “Hold” rating given on Friday, February 10 by Wunderlich. As per Thursday, June 30, the company rating was maintained by Stifel Nicolaus. The company was initiated on Tuesday, March 22 by Pacific Crest. On Thursday, February 18 the stock rating was initiated by Wunderlich with “Buy”. The firm earned “Neutral” rating on Tuesday, October 13 by B. Riley & Co. The firm earned “Outperform” rating on Thursday, December 10 by Robert W. Baird. The company was initiated on Thursday, November 19 by Benchmark. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, September 12.

Blackbaud, Inc. provides cloud software solutions to nonprofits, foundations, firms, education institutions, healthcare organizations, and other charitable giving entities in the United States, Canada, Europe, and Australia. The company has market cap of $4.50 billion. It operates in three divisions: General Markets Business Unit, Enterprise Customer Business Unit, and International Business Unit. It has a 86.38 P/E ratio. The firm offers Raiser's Edge NXT and Blackbaud CRM , which are fundraising and relationship management solutions; Luminate CRM for campaign management, constituent relations, business intelligence, and analytics; eTapestry, a cloud fundraising and donor management solution; and everydayhero, a cloud crowdfundraising solution.

More important recent Blackbaud, Inc. (NASDAQ:BLKB) news were published by: Postandcourier.com which released: “Outgoing Blackbaud board member central to bid to take over Qualcomm” on January 01, 2018, also Prnewswire.com published article titled: “Blackbaud Names Catherine Cook LaCour as Chief Marketing Officer”, Nasdaq.com published: “Blackbaud Becomes Oversold (BLKB)” on January 10, 2018. More interesting news about Blackbaud, Inc. (NASDAQ:BLKB) was released by: Prnewswire.com and their article: “Blackbaud Announces Date of Fourth Quarter and Full-Year 2017 Financial Results” with publication date: January 12, 2018.

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