Blend Labs Inc. (BLND)
Blend Labs Statistics
Share Statistics
Blend Labs has 254.87M shares outstanding. The number of shares has increased by 5.36% in one year.
| Shares Outstanding | 254.87M |
| Shares Change (YoY) | 5.36% |
| Shares Change (QoQ) | 1.48% |
| Owned by Institutions (%) | 62.5% |
| Shares Floating | 204.12M |
| Failed to Deliver (FTD) Shares | 17.65K |
| FTD / Avg. Volume | 0.51% |
Short Selling Information
The latest short interest is 9.47M, so 3.65% of the outstanding shares have been sold short.
| Short Interest | 9.47M |
| Short % of Shares Out | 3.65% |
| Short % of Float | 3.91% |
| Short Ratio (days to cover) | 2.35 |
Valuation Ratios
The PE ratio is -21.55 and the forward PE ratio is 30.32. Blend Labs's PEG ratio is 0.29.
| PE Ratio | -21.55 |
| Forward PE | 30.32 |
| PS Ratio | 6.6 |
| Forward PS | 3.1 |
| PB Ratio | -18.97 |
| P/FCF Ratio | -46.71 |
| PEG Ratio | 0.29 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Blend Labs.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.47, with a Debt / Equity ratio of -0.07.
| Current Ratio | 3.47 |
| Quick Ratio | 3.47 |
| Debt / Equity | -0.07 |
| Debt / EBITDA | -0.08 |
| Debt / FCF | -0.17 |
| Interest Coverage | -7.35 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $300.04K |
| Profits Per Employee | $-91.86K |
| Employee Count | 540 |
| Asset Turnover | 0.91 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 109K |
| Effective Tax Rate | -0.25% |
Stock Price Statistics
The stock price has increased by 35.12% in the last 52 weeks. The beta is 1.3, so Blend Labs's price volatility has been higher than the market average.
| Beta | 1.3 |
| 52-Week Price Change | 35.12% |
| 50-Day Moving Average | 3.36 |
| 200-Day Moving Average | 3.76 |
| Relative Strength Index (RSI) | 48.21 |
| Average Volume (20 Days) | 3.44M |
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 | -50.06M |
| Earnings Per Share (EPS) | -0.2 |
Balance Sheet
The company has 42.24M in cash and 3.83M in debt, giving a net cash position of 38.41M.
| Cash & Cash Equivalents | 42.24M |
| Total Debt | 3.83M |
| Net Cash | 38.41M |
| 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 | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for BLND is $5, which is 52.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $5 |
| Price Target Difference | 52.9% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
Scores
| Altman Z-Score | -7.22 |
| Piotroski F-Score | 4 |