Blend Labs Inc. (BLND)
Blend Labs Statistics
Share Statistics
Blend Labs has 255.91M shares outstanding. The number of shares has increased by 3.99% in one year.
| Shares Outstanding | 255.91M |
| Shares Change (YoY) | 3.99% |
| Shares Change (QoQ) | 1.08% |
| Owned by Institutions (%) | 62.5% |
| Shares Floating | 204.96M |
| Failed to Deliver (FTD) Shares | 11.46K |
| FTD / Avg. Volume | 0.34% |
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 -21.55 and the forward PE ratio is 64.15. Blend Labs's PEG ratio is 0.29.
| PE Ratio | -21.55 |
| Forward PE | 64.15 |
| PS Ratio | 6.6 |
| Forward PS | 3.4 |
| PB Ratio | -18.97 |
| P/FCF Ratio | -46.71 |
| PEG Ratio | 0.29 |
Enterprise Valuation
Blend Labs Inc. has an Enterprise Value (EV) of 744.01M.
| EV / Earnings | -15 |
| EV / Sales | 4.59 |
| EV / EBITDA | -14.99 |
| EV / EBIT | -14.99 |
| EV / FCF | -32.51 |
Financial Position
The company has a current ratio of 3.47, with a Debt / Equity ratio of -0.01.
| Current Ratio | 3.47 |
| Quick Ratio | 3.47 |
| Debt / Equity | -0.01 |
| Total Debt / Capitalization | -1.44 |
| Cash Flow / Debt | -16.28 |
| Interest Coverage | -7.35 |
Financial Efficiency
Return on equity (ROE) is 0.88% and return on capital (ROIC) is 1564.3%.
| Return on Equity (ROE) | 0.88% |
| Return on Assets (ROA) | -0.28% |
| Return on Capital (ROIC) | 1564.3% |
| Revenue Per Employee | $300,035.19 |
| Profits Per Employee | $-91,859.26 |
| Employee Count | 540 |
| Asset Turnover | 0.91 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 109K |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 9.54% in the last 52 weeks. The beta is 1.4, so Blend Labs's price volatility has been higher than the market average.
| Beta | 1.4 |
| 52-Week Price Change | 9.54% |
| 50-Day Moving Average | 3.64 |
| 200-Day Moving Average | 3.66 |
| Relative Strength Index (RSI) | 50.25 |
| Average Volume (20 Days) | 3.39M |
Income Statement
In the last 12 months, Blend Labs had revenue of 162.02M and earned -49.6M in profits. Earnings per share was -0.2.
| Revenue | 162.02M |
| Gross Profit | 90.54M |
| Operating Income | -49.62M |
| Net Income | -49.6M |
| EBITDA | -49.62M |
| EBIT | -49.62M |
| Earnings Per Share (EPS) | -0.2 |
Balance Sheet
The company has 42.24M in cash and 801K in debt, giving a net cash position of 41.44M.
| Cash & Cash Equivalents | 42.24M |
| Total Debt | 801K |
| Net Cash | 41.44M |
| Retained Earnings | -1.38B |
| Total Assets | 178.01M |
| Working Capital | 96.22M |
Cash Flow
In the last 12 months, operating cash flow was -13.04M and capital expenditures -9.84M, giving a free cash flow of -22.89M.
| Operating Cash Flow | -13.04M |
| Capital Expenditures | -9.84M |
| Free Cash Flow | -22.89M |
| FCF Per Share | -0.09 |
Margins
Gross margin is 55.88%, with operating and profit margins of -30.63% and -30.62%.
| Gross Margin | 55.88% |
| Operating Margin | -30.63% |
| Pretax Margin | -26.73% |
| Profit Margin | -30.62% |
| EBITDA Margin | -30.63% |
| EBIT Margin | -30.63% |
| FCF Margin | -14.13% |
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 | -5.62% |
| FCF Yield | -2.51% |
Analyst Forecast
The average price target for BLND is $5.25, which is 47.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $5.25 |
| Price Target Difference | 47.5% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
Scores
| Altman Z-Score | -7.11 |
| Piotroski F-Score | 4 |