Blink Charging Co [NASDAQ: BLNK] gained 17.31% on the last trading session, reaching $1.22 price per share at the time.
Blink Charging Co represents 103.10 million in outstanding shares, while the company has a total market value of $127.75 million with the latest information. BLNK stock price has been found in the range of $1.03 to $1.23.
If compared to the average trading volume of 3.18M shares, BLNK reached a trading volume of 10737445 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Blink Charging Co [BLNK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BLNK shares is $2.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BLNK stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Blink Charging Co shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 19, 2024. While these analysts kept the previous recommendation, UBS dropped their target price from $3 to $2. The new note on the price target was released on November 14, 2024, representing the official price target for Blink Charging Co stock. Previously, the target price had yet another raise to $5, while The Benchmark Company analysts kept a Buy rating on BLNK stock.
The Price to Book ratio for the last quarter was 1.78, with the Price to Cash per share for the same quarter was set at 0.24.
Trading performance analysis for BLNK stock
Blink Charging Co [BLNK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 34.07. With this latest performance, BLNK shares gained by 22.16% in over the last four-week period, additionally plugging by 20.79% over the last 6 months – not to mention a drop of -12.23% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BLNK stock in for the last two-week period is set at 70.39, with the RSI for the last a single of trading hit 0.0790, and the three-weeks RSI is set at 0.0749 for Blink Charging Co [BLNK]. The present Moving Average for the last 50 days of trading for this stock 0.9772, while it was recorded at 1.0480 for the last single week of trading, and 1.0870 for the last 200 days.
Blink Charging Co [BLNK]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Blink Charging Co [BLNK] shares currently have an operating margin of -79.30% and a Gross Margin at -30.58%. Blink Charging Co’s Net Margin is presently recorded at -203.81%.
Blink Charging Co (BLNK) Capital Structure & Debt Analysis
According to recent financial data for Blink Charging Co. ( BLNK), the Return on Equity (ROE) stands at -122.34%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -77.85%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Blink Charging Co’s Return on Invested Capital (ROIC) is -279.69%, showcasing its effectiveness in deploying capital for earnings.
Blink Charging Co (BLNK) Efficiency & Liquidity Metrics
Based on Blink Charging Co’s (BLNK) latest financial statements, the Debt-to-Equity Ratio is 0.14%, indicating its reliance on debt financing relative to shareholder equity.
Blink Charging Co (BLNK) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Blink Charging Co. (BLNK) effectively leverages its workforce, generating an average of -$359545.45 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.70% and a Quick Ratio of 1.13%, indicating strong ability to cover short-term liabilities.
Blink Charging Co [BLNK]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Blink Charging Co posted -0.16/share EPS, while the average EPS was predicted by analysts to be reported at -0.11/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.05. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BLNK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Blink Charging Co go to 47.41%.
An analysis of Institutional ownership at Blink Charging Co [BLNK]
There are presently around $20.58%, or 20.99%% of BLNK stock, in the hands of institutional investors. The top three institutional holders of BLNK stocks are: BLACKROCK INC. with ownership of 6.7 million shares, which is approximately 6.6349%. VANGUARD GROUP INC, holding 4.36 million shares of the stock with an approximate value of $$11.94 million in BLNK stocks shares; and VANGUARD GROUP INC, currently with $$11.26 million in BLNK stock with ownership which is approximately 4.0669%.
