Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Blackbaud ( BLKB) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Blackbaud as such a stock due to the following factors:

  • BLKB has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $8.4 million.
  • BLKB has traded 7,574 shares today.
  • BLKB is trading at a new lifetime high.

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More details on BLKB:

Blackbaud, Inc. provides cloud-based and on-premise software solutions, and related services for nonprofit organizations. It operates in four segments: Enterprise Customer Business Unit, General Markets Business Unit, International Business Unit, and Target Analytics. The stock currently has a dividend yield of 1.2%. BLKB has a PE ratio of 55.3. Currently there is 1 analyst that rates Blackbaud a buy, 1 analyst rates it a sell, and none rate it a hold.

The average volume for Blackbaud has been 170,500 shares per day over the past 30 days. Blackbaud has a market cap of $1.9 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 1.45 and a short float of 8.3% with 12.94 days to cover. Shares are up 9.4% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Blackbaud as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from the ratings report include:
  • BLACKBAUD INC has improved earnings per share by 33.3% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, BLACKBAUD INC increased its bottom line by earning $0.68 versus $0.14 in the prior year. This year, the market expects an improvement in earnings ($1.22 versus $0.68).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Software industry. The net income increased by 40.1% when compared to the same quarter one year prior, rising from $6.62 million to $9.28 million.
  • BLKB's revenue growth trails the industry average of 25.7%. Since the same quarter one year prior, revenues rose by 10.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Software industry and the overall market, BLACKBAUD INC's return on equity exceeds that of both the industry average and the S&P 500.
  • Net operating cash flow has increased to $31.84 million or 29.78% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 10.20%.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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