Blink Charging Co (NASDAQ: BLNK): What It’s Worth And What To Do About It

Blink Charging Co (NASDAQ:BLNK)’s traded shares stood at 0.65 million during the latest session, with the company’s beta value hitting 2.83. At the last check today, the stock’s price was $2.38, to imply an increase of 0.21% or $0.0 in intraday trading. The BLNK share’s 52-week high remains $7.82, putting it -228.57% down since that peak but still an impressive 8.4% since price per share fell to its 52-week low of $2.18. The company has a valuation of $240.86M, with an average of 6.88 million shares over the past 3 months.

Blink Charging Co (NASDAQ:BLNK) trade information

After registering a 0.21% upside in the latest session, Blink Charging Co (BLNK) has traded red over the past five days. The stock hit a weekly high of 2.59, jumping 0.21% in its intraday price action. The 5-day price performance for the stock is -7.20%, and -7.92% over 30 days. With these gigs, the year-to-date price performance is -29.65%.

Blink Charging Co (BLNK) estimates and forecasts

Looking at statistics comparing Blink Charging Co share performance against respective industry, we note that the company has outperformed competitors. Blink Charging Co (BLNK) shares are -25.47% down over the last 6 months, with its year-to-date growth rate higher than industry average at 40.85% against 15.10%. Revenue is forecast to grow 54.70% this quarter before jumping 68.70% for the next one. The rating firms project that company’s revenue will grow 21.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is $33.38 million. Meanwhile, for the quarter ending Jun 2024, a total of 5 analyst(s) estimate revenue growth to $41.37 million.Earnings reports from the last fiscal year show that sales brought in $21.92 million and $32.84 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 52.30% before jumping 26.00% in the following quarter.

BLNK Dividends

Blink Charging Co has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Blink Charging Co has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.