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The closing price of Blink Charging Co (NASDAQ: BLNK) was $1.16 for the day, up 2.65% from the previous closing price of $1.13. In other words, the price has increased by $2.65 from its previous closing price. On the day, 4.58 million shares were traded. BLNK stock price reached its highest trading level at $1.25 during the session, while it also had its lowest trading level at $1.11.
Ratios:
Our analysis of BLNK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.06.
On November 14, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3 to $2.
On July 31, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $5.The Benchmark Company initiated its Buy rating on July 31, 2024, with a $5 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 26 ’24 when LEVINE JACK bought 20,000 shares for $1.70 per share. The transaction valued at 34,000 led to the insider holds 175,718 shares of the business.
Peterson Kristina A. sold 24,077 shares of BLNK for $43,377 on Sep 19 ’24. The Director now owns 0 shares after completing the transaction at $1.80 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLNK now has a Market Capitalization of 119151720 and an Enterprise Value of 87463872. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 0.8 whereas that against EBITDA is -1.572.
Stock Price History:
The Beta on a monthly basis for BLNK is 2.97, which has changed by -0.6363636 over the last 52 weeks, in comparison to a change of 0.16260707 over the same period for the S&P500. Over the past 52 weeks, BLNK has reached a high of $3.52, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is 32.62%, while the 200-Day Moving Average is calculated to be -5.32%.
Shares Statistics:
BLNK traded an average of 3.24M shares per day over the past three months and 3283740 shares per day over the past ten days. A total of 102.72M shares are outstanding, with a floating share count of 92.27M. Insiders hold about 10.17% of the company’s shares, while institutions hold 32.45% stake in the company. Shares short for BLNK as of 1751241600 were 18901004 with a Short Ratio of 5.84, compared to 1748563200 on 23827062. Therefore, it implies a Short% of Shares Outstanding of 18901004 and a Short% of Float of 18.540001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The firm’s stock currently is rated by 1.0 analysts. The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.16 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.64 and -$0.64 for the fiscal current year, implying an average EPS of -$0.64. EPS for the following year is -$0.52, with 1.0 analysts recommending between -$0.52 and -$0.52.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $24.03M to a low estimate of $20.4M. As of the current estimate, Blink Charging Co’s year-ago sales were $33.26MFor the next quarter, 4 analysts are estimating revenue of $25.09M. There is a high estimate of $28.95M for the next quarter, whereas the lowest estimate is $21.1M.
A total of 4 analysts have provided revenue estimates for BLNK’s current fiscal year. The highest revenue estimate was $110.21M, while the lowest revenue estimate was $85.2M, resulting in an average revenue estimate of $97.78M. In the same quarter a year ago, actual revenue was $126.2MBased on 5 analysts’ estimates, the company’s revenue will be $139.3M in the next fiscal year. The high estimate is $183.5M and the low estimate is $119.4M.
