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As of close of business last night, Blink Charging Co’s stock clocked out at $0.97, down -6.13% from its previous closing price of $1.03. In other words, the price has decreased by -$6.13 from its previous closing price. On the day, 2.23 million shares were traded. BLNK stock price reached its highest trading level at $1.03 during the session, while it also had its lowest trading level at $0.96.
Ratios:
To gain a deeper understanding of BLNK’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 99317064 and an Enterprise Value of 64855832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 0.593 whereas that against EBITDA is -1.166.
Stock Price History:
The Beta on a monthly basis for BLNK is 2.96, which has changed by -0.72132564 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, BLNK has reached a high of $3.75, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is 15.53%, while the 200-Day Moving Average is calculated to be -22.59%.
Shares Statistics:
It appears that BLNK traded 3.31M shares on average per day over the past three months and 4634180 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 32.47% stake in the company. Shares short for BLNK as of 1749772800 were 23460793 with a Short Ratio of 5.71, compared to 1747267200 on 25032027. Therefore, it implies a Short% of Shares Outstanding of 23460793 and a Short% of Float of 23.01.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The performance of Blink Charging Co (BLNK) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.12 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.44 and -$0.44 for the fiscal current year, implying an average EPS of -$0.44.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $22.46M. 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.
