B. Riley Analysts Cut Earnings Estimates for Blackline Safety Corp. (CVE:BLN)

Blackline Safety Corp. (CVE:BLNGet Rating) – Equities research analysts at B. Riley decreased their FY2022 EPS estimates for Blackline Safety in a research note issued on Thursday, September 15th. B. Riley analyst R. Sharma now expects that the company will post earnings per share of ($0.80) for the year, down from their prior estimate of ($0.77). The consensus estimate for Blackline Safety’s current full-year earnings is ($0.05) per share.

A number of other research analysts have also weighed in on BLN. Pi Financial dropped their price target on shares of Blackline Safety from C$7.50 to C$6.75 in a research report on Wednesday, August 31st. TD Securities set a C$6.00 price target on shares of Blackline Safety and gave the company a “speculative buy” rating in a research report on Wednesday, September 7th. Raymond James dropped their price target on shares of Blackline Safety from C$9.00 to C$6.00 and set an “outperform” rating on the stock in a research report on Thursday, September 1st. Finally, Canaccord Genuity Group dropped their price target on shares of Blackline Safety from C$6.00 to C$5.00 in a research report on Thursday, September 15th.

Blackline Safety Stock Down 0.3 %

Blackline Safety stock opened at C$8.92 on Monday. Blackline Safety has a 1-year low of C$4.60 and a 1-year high of C$9.09. The firm has a market capitalization of C$484.79 million and a price-to-earnings ratio of -42.88. The firm’s fifty day moving average price is C$8.92 and its two-hundred day moving average price is C$8.92. The company has a current ratio of 3.72, a quick ratio of 3.09 and a debt-to-equity ratio of 2.72.

About Blackline Safety

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Blackline Safety Corp., a global connected safety technology company, develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, Australia, New Zealand, and internationally. The company offers connected safety devices, including G7c, a safety wearable for indoor and outdoor locations covered by 3G wireless; G7x, a safety wearable for remote locations; G7 EXO, a cloud connected area monitor; G7 Dock, an accessory product used to calibrate G7c and G7x devices; standard cartridge for lone worker monitoring; diffusion cartridge for gas detection; pump cartridge for confined space entry and leak check gas detection services; and cloud-connected sensors that helps to customize gas detectors at work environments, as well as automated industrial contact tracing solutions.

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Earnings History and Estimates for Blackline Safety (CVE:BLN)

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