Blend Labs Inc. (BLND)
Blend Labs Statistics
Share Statistics
Blend Labs has 252.18M shares outstanding. The number of shares has increased by 3.99% in one year.
| Shares Outstanding | 252.18M |
| Shares Change (YoY) | 3.99% |
| Shares Change (QoQ) | 1.08% |
| Owned by Institutions (%) | 56.57% |
| Shares Floating | 204.62M |
| Failed to Deliver (FTD) Shares | 90 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 9.89M, so 3.92% of the outstanding shares have been sold short.
| Short Interest | 9.89M |
| Short % of Shares Out | 3.92% |
| Short % of Float | 4.75% |
| Short Ratio (days to cover) | 2.62 |
Valuation Ratios
The PE ratio is -3.37 and the forward PE ratio is 64.15. Blend Labs's PEG ratio is 0.04.
| PE Ratio | -3.37 |
| Forward PE | 64.15 |
| PS Ratio | 3.99 |
| Forward PS | 3 |
| PB Ratio | -32.49 |
| P/FCF Ratio | -4.88 |
| PEG Ratio | 0.04 |
Enterprise Valuation
Blend Labs Inc. has an Enterprise Value (EV) of 744.01M.
| EV / Earnings | -4.01 |
| EV / Sales | 4.74 |
| EV / EBITDA | -5.2 |
| EV / EBIT | -4.76 |
| EV / FCF | -5.8 |
Financial Position
The company has a current ratio of 5.38, with a Debt / Equity ratio of -7.78.
| Current Ratio | 5.38 |
| Quick Ratio | 5.38 |
| Debt / Equity | -7.78 |
| Total Debt / Capitalization | 114.75 |
| Cash Flow / Debt | -0.85 |
| Interest Coverage | -5.07 |
Financial Efficiency
Return on equity (ROE) is 9.63% and return on capital (ROIC) is -88.49%.
| Return on Equity (ROE) | 9.63% |
| Return on Assets (ROA) | -0.9% |
| Return on Capital (ROIC) | -88.49% |
| Revenue Per Employee | 178.03K |
| Profits Per Employee | -210.35K |
| Employee Count | 881 |
| Asset Turnover | 0.76 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 94K |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 43.5% in the last 52 weeks. The beta is 1.37, so Blend Labs's price volatility has been higher than the market average.
| Beta | 1.37 |
| 52-Week Price Change | 43.5% |
| 50-Day Moving Average | 3.96 |
| 200-Day Moving Average | 3.61 |
| Relative Strength Index (RSI) | 38.53 |
| Average Volume (20 Days) | 3.02M |
Income Statement
In the last 12 months, Blend Labs had revenue of 156.85M and earned -185.32M in profits. Earnings per share was -0.76.
| Revenue | 156.85M |
| Gross Profit | 81.14M |
| Operating Income | -156.22M |
| Net Income | -185.32M |
| EBITDA | -143.21M |
| EBIT | -156.22M |
| Earnings Per Share (EPS) | -0.76 |
Balance Sheet
The company has 30.96M in cash and 149.69M in debt, giving a net cash position of -118.73M.
| Cash & Cash Equivalents | 30.96M |
| Total Debt | 149.69M |
| Net Cash | -118.73M |
| Retained Earnings | -1.34B |
| Total Assets | 186.13M |
| Working Capital | 101.16M |
Cash Flow
In the last 12 months, operating cash flow was -127.62M and capital expenditures -587K, giving a free cash flow of -128.21M.
| Operating Cash Flow | -127.62M |
| Capital Expenditures | -587K |
| Free Cash Flow | -128.21M |
| FCF Per Share | -0.52 |
Margins
Gross margin is 51.73%, with operating and profit margins of -99.6% and -118.15%.
| Gross Margin | 51.73% |
| Operating Margin | -99.6% |
| Pretax Margin | -114.63% |
| Profit Margin | -118.15% |
| EBITDA Margin | -91.31% |
| EBIT Margin | -99.6% |
| FCF Margin | -81.74% |
Dividends & Yields
BLND does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -21.53% |
| FCF Yield | -14.4% |
Analyst Forecast
The average price target for BLND is $4.88, which is 38.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $4.88 |
| Price Target Difference | 38.2% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 1.63 |
| Piotroski F-Score | 4 |