FY2022 Earnings Forecast for Blackline Safety Corp. (CVE:BLN) Issued By Raymond James

Blackline Safety Corp. (CVE:BLNGet Rating) – Analysts at Raymond James lowered their FY2022 earnings per share estimates for shares of Blackline Safety in a note issued to investors on Wednesday, September 14th. Raymond James analyst B. Fast now forecasts that the company will post earnings of ($0.82) per share for the year, down from their prior forecast of ($0.78). Raymond James has a “Outperform” rating and a $6.00 price objective on the stock. The consensus estimate for Blackline Safety’s current full-year earnings is ($0.05) per share.

A number of other analysts also recently issued reports on the company. TD Securities set a C$6.00 price target on Blackline Safety and gave the company a “speculative buy” rating in a research report on Wednesday, September 7th. Canaccord Genuity Group dropped their price target on Blackline Safety from C$6.00 to C$5.00 in a research report on Thursday. Finally, Pi Financial dropped their price target on Blackline Safety from C$7.50 to C$6.75 in a research report on Wednesday, August 31st.

Blackline Safety Stock Down 0.3 %

BLN stock opened at C$8.92 on Monday. The company has a quick ratio of 3.09, a current ratio of 3.72 and a debt-to-equity ratio of 2.72. The firm has a market capitalization of C$484.79 million and a PE ratio of -42.88. Blackline Safety has a twelve month low of C$4.60 and a twelve month high of C$9.09. The stock has a 50-day simple moving average of C$8.92 and a two-hundred day simple moving average of C$8.92.

Blackline Safety Company Profile

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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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