Event-Driven Stocks

BLACKBOARD INC

Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕

Signs4 good1 severedetails ↓

Financials

SEC XBRL · annual
 FY10FY09FY08
Revenue$447.3M$377.0M$312.1M
Operating income$34.0M$18.9M$376,000
Net income$16.6M$7.9M−$1.9M
Total assets$847.1M$724.9M
Total liabilities$439.1M$393.5M
Equity$408.1M$331.5M$273.5M
EPS (diluted)$0.48$0.24$-0.06
Shares out.34.7M33.1M30.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2010
Operating margin
7.6%
Net margin
3.7%
Return on equity
4.1%
Return on assets
2.0%
Return on capital (ROCE)
7.9%
Liabilities / assets
51.8%
Debt / equity
1.08×
Book value / share
$11.77
Revenue growth (YoY)
18.7%
Net income growth (YoY)
110.4%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2010
Altman Z″ (distress)
-0.77distress
Accruals / assets
11.2%clean
Piotroski F-Score
7/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
77
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 severe4 good
  • Altman Z″ in the distress zone
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
1 acquisitions7 disposalsnet 387,863 shares · last 8
InsiderDateTypeSharesPrice
Novak E Rogers JrDirectorOct 4, 2011D35,219$45.00
Kinzer John EdwardOfficer — Chief Financial OfficerOct 4, 2011D32,547$45.00
Henderson Raymond P. IiiOfficer — President, Blackboard LearnOct 4, 2011Sell5,000$45.00
Gatti Frank RDirectorOct 4, 2011D18,000$45.00
Chasen Michael LOfficer — CEO, PresidentOct 4, 2011D160,157$45.00
Walsh JonathanOfficer — VP - Finance &amp; AccountingOct 4, 2011D12,460$45.00
Small Matthew HOfficer — Chief Business OfficerOct 4, 2011D128,855$45.00
Small Matthew HOfficer — Chief Business OfficerOct 3, 2011Option exercise4,375$27.96

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.