BLKB

Blackbaud Inc

TMT


Presented:04/25/2017
Price:$78.83
Cap:$3.74B
Current Price:$85.22
Cap:$4.40B

Presented

Date04/25/2017
Price$78.83
Market Cap$3.74B
Ent Value$3.01B
P/E Ratio94.98x
Book Value$5.21
Div Yield0.62%
Shares O/S47.44M
Ave Daily Vol327,144
Short Int14.06%

Current

Price$85.22
Market Cap$4.40B
Blackbaud, Inc. engages in the provision of cloud-based and on-premises software solutions and related services for the global philanthropic community. It operates through the following business units: General Markets, Enterprise Customer, International, and Other. The General Markets business unit focuses on marketing, sales, delivery, and support to emerging and mid-sized prospects and customers in North America. The Enterprise Customer business unit covers large and strategic prospects and customers in North America. The International business unit deals with prospects and customers outside of North America. The Other segment includes revenue and related costs from the sale of solutions and services not directly attributable to a reportable segment. The company was founded by Anthony E. Bakker in 1981 and is headquartered in Charleston, SC.

Publicly traded companies mentioned herein: Blackbaud Inc (BLKB), Salesforce.com Inc (CRM)

Highlights

The presenter is short shares of Blackbaud (BLKB), a software provider to non-profits, identifying a significant competitive threat from Salesforce.org, Salesforce’s non-profit targeted product. The presenter targets $60 for BLKB shares, a 20% decline from current levels.

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Idea Discussion

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