Blend Labs Inc Ordinary Shares - Class A BLND
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Michigan Schools and Government Credit Union Selects Blend to Evolve its Digital Lending Experience
-
Randolph-Brooks Federal Credit Union Selects Blend to Transform its Loan Origination Experience
-
UPDATING and REPLACING Blend Announces Fourth Quarter and Full Year 2023 Financial Results
-
Blend to Announce Fourth Quarter and Full Year 2023 Financial Results on March 14, 2024
Trading Information
- Previous Close Price
- $2.40
- Day Range
- $2.31–2.43
- 52-Week Range
- $0.53–3.41
- Bid/Ask
- $2.30 / $2.58
- Market Cap
- $589.79 Mil
- Volume/Avg
- 1.0 Mil / 1.9 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 3.75
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are; Blend Platform segment which comprises a suite of products that power the entire origination process from back-end workflows to consumer experience, and the Title segment enables customers to streamline the title, settlement, and closing process at scale for mortgages, home equity lines of credit, and home equity loans. The majority of the revenue for the company is generated from the Blend Platform segment.
- Sector
- Technology
- Industry
- Software - Application
- Stock Style Box
- Small Value
- Total Number of Employees
- 881
- Website
- https://www.blend.com
Comparables
Valuation
|
Metric
|
BLND
|
RDVT
|
EVCM
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 10.13 | — |
Price/Book Value | — | 2.90 | 1.97 |
Price/Sales | 3.75 | 4.20 | 2.44 |
Price/Cash Flow | — | 13.21 | 16.61 |
Price/Earnings
BLND
RDVT
EVCM
Financial Strength
|
Metric
|
BLND
|
RDVT
|
EVCM
|
|---|---|---|---|
Quick Ratio | 4.97 | 8.03 | 1.31 |
Current Ratio | 5.38 | 8.26 | 1.53 |
Interest Coverage | −4.84 | — | 0.05 |
Quick Ratio
BLND
RDVT
EVCM
Profitability
|
Metric
|
BLND
|
RDVT
|
EVCM
|
|---|---|---|---|
Return on Assets (Normalized) | −35.64% | 9.54% | −1.01% |
Return on Equity (Normalized) | −270.78% | 10.21% | −1.82% |
Return on Invested Capital (Normalized) | −31.76% | 8.69% | 1.50% |
Return on Assets
BLND
RDVT
EVCM
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