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Blink Charging Co (BLNK)
NASDAQ:BLNK
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BLNK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.53 - $4.66
Previous Close$2.11
Volume1.60M
Average Volume (3M)4.63M
Market Cap
$209.38M
Enterprise Value$149.47M
Total Cash (Recent Filing)$73.89M
Total Debt (Recent Filing)$9.92M
Price to Earnings (P/E)―
Beta2.87
Next Earnings
Nov 07, 2024EPS Estimate
-$0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.33
Shares Outstanding101,151,449
10 Day Avg. Volume4,580,653
30 Day Avg. Volume4,630,725
Standard Deviation0.49
R-Squared0.08
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)0.77
Price to Sales (P/S)1.37
Price to Cash Flow (P/CF)-12.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.95
Enterprise Value/Gross Profit3.76
Enterprise Value/Ebitda-2.48
Forecast
1Y Price Target
$4.25Price Target Upside105.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Blink Charging Co News
Bulls Say, Bears Say
Bulls Say
Growth PotentialBlink and its diversified business model are well positioned for growth when market enthusiasm towards EV charging station growth returns.
Operational EfficiencyBlink's vertically integrated and in-house manufacturing has improved margins and afforded management better control over production processes, giving the company a significant competitive advantage.
Strategic ExpansionBlink's integration of its international networks under the Blink Network umbrella should result in cost synergies and help in implementing feature updates and modifications.
Bears Say
Earnings PerformanceThe company's gross margin declined to 32% in the second quarter from 36% in the first quarter, highlighting a shift in sales to third-party manufactured products.
Profitability OutlookThe expectation for achieving positive adjusted EBITDA has been pushed back to 2025, later than the previously anticipated December 2024.
Revenue GuidanceThe company has lowered its revenue guidance for 2024 to $145-155 million from the previous forecast of $165-175 million.
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Ownership Overview
2.29% Insiders
6.93% Mutual Funds
0.67% Other Institutional Investors
74.85% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BLNK FAQ
What was Blink Charging Co’s price range in the past 12 months?
Blink Charging Co lowest stock price was $1.53 and its highest was $4.66 in the past 12 months.
What is Blink Charging Co’s market cap?
Currently, no data Available
When is Blink Charging Co’s upcoming earnings report date?
Blink Charging Co’s upcoming earnings report date is Nov 07, 2024 which is in 17 days.
How were Blink Charging Co’s earnings last quarter?
Blink Charging Co released its earnings results on Aug 07, 2024. The company reported -$0.2 earnings per share for the quarter, missing the consensus estimate of -$0.172 by -$0.028.
Is Blink Charging Co overvalued?
According to Wall Street analysts Blink Charging Co’s price is currently Undervalued.
Does Blink Charging Co pay dividends?
Blink Charging Co does not currently pay dividends.
What is Blink Charging Co’s EPS estimate?
Blink Charging Co’s EPS estimate is -$0.15.
How many shares outstanding does Blink Charging Co have?
Blink Charging Co has 101,151,450 shares outstanding.
What happened to Blink Charging Co’s price movement after its last earnings report?
Blink Charging Co reported an EPS of -$0.2 in its last earnings report, missing expectations of -$0.172. Following the earnings report the stock price went down -15.476%.
Which hedge fund is a major shareholder of Blink Charging Co?
Among the largest hedge funds holding Blink Charging Co’s share is Fisher Asset Management LLC. It holds Blink Charging Co’s shares valued at 58K.
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Blink Charging Co Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$4.25 (105.31% Upside)
$4.25 (105.31% Upside)
Blogger Sentiment
Bullish
BLNK Sentiment 73%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 8.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $34.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 4.4%
Last 30 Days ▼ 4.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-28.23%
12-Months-Change
Fundamentals
Return on Equity
-56.65%
Trailing 12-Months
Asset Growth
-18.82%
Trailing 12-Months
Company Description
Blink Charging Co
Blink Charging Co. owns, operates, and provides electric vehicle, charging equipment, and networked EV charging services. Its products and services include Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services. The company was founded by Michael D. Farkas and Eric Greenberg on October 3, 2006 and is headquartered in Hollywood, FL.
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BLNK Company Deck
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BLNK Earnings Call
Q2 2024
0:00 / 0:00
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BLNK Stock 12 Month Forecast
Average Price Target
$4.25
▲(105.31% Upside)
Technical Analysis
Best Analysts Covering BLNK
1 Year
1 Year Success Rate
6/23 ratings generated profit
1 Year Average Return
+43.80%
reiterated a buy rating 2 months ago
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