Skip to Content
Morningstar

Blackbaud Inc BLKB

Morningstar Rating
Unlock
Stock XNAS Rating as of
$76.71 −0.81 (1.04%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Blackbaud: Clearlake Makes a New $80-Per-Share Offer

Dan Romanoff

On April 14, Clearlake Capital made a new and unsolicited offer to acquire all of the outstanding shares of Blackbaud for $80 per share, or $4.1 billion in total, in cash, representing a 4% premium to the most recent closing price. In a statement, Blackbaud said its board of directors will review this offer. We think $80 per share is reasonable given our fair value estimate of $77 per share, and we view shares as fairly valued at current levels.

Read Full Report

Price vs Fair Value

View History
BLKB is trading at a 0% discount.
Price
$76.71
Fair Value
$59.00
Uncertainty
High
1-Star Price
$277.54
5-Star Price
$27.60
Economic Moat
Wvpgpf
Capital Allocation
Fscqdqx

Bulls Say, Bears Say

Bulls

Blackbaud is a clear leader in the niche fundraising and nonprofit market, with gold standard CRM, financial management, and numerous other modules that create a comprehensive suite of offerings.

Bears

Blackbaud has structurally lower margins compared with other software peers and is more susceptible to cyclical downturns, given its nonprofit customer base.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if BLKB is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$77.52
Day Range
$76.44–78.40
52-Week Range
$64.32–88.56
Bid/Ask
$30.84 / $80.95
Market Cap
$4.10 Bil
Volume/Avg
217,612 / 318,452

Key Statistics

Price/Earnings (Normalized)
19.37
Price/Sales
3.73
Dividend Yield (Trailing)
—
Dividend Yield (Forward)
—
Total Yield
0.46%

Company Profile

Founded in 1981, Blackbaud provides software solutions designed to serve the “social good” community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside core fundraising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Core
Total Number of Employees
3,000
Website
https://www.blackbaud.com

Competitors

Valuation

View More
Metric
BLKB
CRM
SAP
Price/Earnings (Normalized)
 19.3733.0032.99
Price/Book Value
 5.094.434.37
Price/Sales
 3.737.686.24
Price/Cash Flow
 18.2320.4531.23
Price/Earnings
BLKB
CRM
SAP

Financial Strength

Metric
BLKB
CRM
SAP
Quick Ratio
 0.110.961.26
Current Ratio
 0.781.091.40
Interest Coverage
 1.2218.877.17
Quick Ratio
BLKB
CRM
SAP

Profitability

Metric
BLKB
CRM
SAP
Return on Assets (Normalized)
 7.50%8.50%8.36%
Return on Equity (Normalized)
 27.86%13.87%14.10%
Return on Invested Capital (Normalized)
 14.56%11.66%11.17%
Return on Assets
BLKB
CRM
SAP
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Software - Application Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
CRM
Salesforce IncYwlndcxDwbyv$263.8 Bil
SAP
SAP SE ADRRgkwgVrhpbbf$210.7 Bil
INTU
Intuit IncSfwknjnfhvHkdv$171.7 Bil
NOW
ServiceNow IncLwbmcqzmcSrbl$151.3 Bil
UBER
Uber Technologies IncMmlmhlndMfsxrp$149.7 Bil
SHOP
Shopify Inc Registered Shs -A- Subord VtgFgfxlrpyDjjvvp$89.5 Bil
CDNS
Cadence Design Systems IncTxzjvqmfzRjlrh$77.9 Bil
WDAY
Workday Inc Class ACltzmydprsRwpgq$67.5 Bil
ROP
Roper Technologies IncCzqcxqvjfzKssz$56.4 Bil
DASTY
Dassault Systemes SE ADRPmwmpgrjqCshrj$53.9 Bil

Sponsor Center