Blackline Safety (BLN) Stock Price, News & Analysis

Company Overview

Blackline Safety Corp. develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally. It offers G6 zero-maintenance single-gas cloud-connected gas monitors, G7c safety wearable for indoor and outdoor locations covered by 4G wireless, G7x safety wearable for remote locations, and G7 EXO area gas monitors; field-replaceable cartridges; G7 Bridge, a portable satellite base station; G7 Dock and G6 Dock; accessories used to calibrate G6, G7c, and G7x devices; and Loner Mobile, a safety monitoring application for smartphones. The company also provides Blackline Location Beacon, an indoor/outdoor location technology; Blackline monitoring, a live monitoring service; Blackline Live, a cloud-hosted live safety monitoring portal for safety alert management; Blackline Analytics, a second-generation data analytics package; and Blackline Vision, a data science consulting and software. In addition, it offers electrochemical, infrared, and photoionization-based gas sensors; portable compact gas sensors; 4G cellular, LTE-M, satellite, 900 MHz spread spectrum, and Bluetooth data communication products; GNSS, cellular, and proprietary indoor/outdoor location beacon positioning products; inertial sensors; two-way voice calling and text messaging; push-to-talk real-time voice collaboration; Bluetooth audio accessory interface; cloud-hosted Blackline safety cloud monitoring infrastructure and Blackline live monitoring user account; and cloud-hosted data analytics and reporting software. Further, it engages in securitization of vehicles; and Internet of Things design, engineering, and product research and development support activities. It serves utilities, renewable energy, pharma, education, and other industries. The company was formerly known as Blackline GPS Corp. and changed its name to Blackline Safety Corp. in July 2015. Blackline Safety Corp. was founded in 2004 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$6.61 to C$6.85
• 50-Day Range: C$5.44 to C$6.85
• 52-Week Range: C$3.36 to C$6.86
• Volume: 33,200 shs
• Average Volume: 41,957 shs
• Market Capitalization: C$559.44 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$7.00
• Consensus Rating: Buy

BLN Stock Analysis - Frequently Asked Questions

How have BLN shares performed this year?

Blackline Safety's stock was trading at C$8.92 at the start of the year. Since then, BLN stock has decreased by 23.2% and is now trading at C$6.85.
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How do I buy shares of Blackline Safety?

Shares of BLN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Blackline Safety own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Blackline Safety investors own include Facedrive (FDVRF), Jack in the Box (JACK), Knight-Swift Transportation (KNX), kneat.com (KSI), Lightspeed Commerce (LSPD), Mitsubishi UFJ Financial Group (MTU) and MediaValet (MVP).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Computer and Technology
• Industry: Software - Application
• Sub-Industry: N/A
• Current Symbol: TSE:BLN
• Previous Symbol: CVE:BLN
• CUSIP: N/A
• CIK: N/A
• Web: www.blacklinesafety.com
• Phone: +1-403-4510327
• Fax: N/A
• Employees: 496
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$7.00
• High Stock Price Target: C$8.00
• Low Stock Price Target: C$5.50
• Potential Upside/Downside: +2.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.23)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-16,980,000.00
• Net Margins: -13.96%
• Pretax Margin: N/A
• Return on Equity: -36.36%
• Return on Assets: -8.43%

Debt

• Debt-to-Equity Ratio: 36.48
• Current Ratio: 2.07
• Quick Ratio: 3.09

Sales & Book Value

• Annual Sales: C$121.63 million
• Price / Sales: 4.60
• Cash Flow: C$0.66 per share
• Price / Cash Flow: 10.32
• Book Value: C$0.70 per share
• Price / Book: 9.79

Miscellaneous

• Outstanding Shares: 81,670,000
• Free Float: N/A
• Market Cap: C$559.44 million
• Optionable: Not Optionable
• Beta: 1.54