In last trading session, Blink Charging Co (NASDAQ:BLNK) saw 2.16 million shares changing hands with its beta currently measuring 2.83. Company’s recent per share price level of $1.09 trading at -$0.01 or -0.91% at ring of the bell on the day assigns it a market valuation of $110.28M. That closing price of BLNK’s stock is at a discount of -244.04% from its 52-week high price of $3.75 and is indicating a premium of 15.6% from its 52-week low price of $0.92.
For Blink Charging Co (BLNK), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.25. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.16 in the current quarter.
Blink Charging Co (NASDAQ:BLNK) trade information
Upright in the red during last session for losing -0.91%, in the last five days BLNK remained trading in the green while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $1.09 price level, adding 8.4% to its value on the day. Blink Charging Co’s shares saw a change of -21.58% in year-to-date performance and have moved 2.83% in past 5-day. Blink Charging Co (NASDAQ:BLNK) showed a performance of -25.85% in past 30-days.
Wall Street analysts have assigned a consensus price target of 1.75 to the stock, which implies a rise of 37.71% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 2. It follows that stock’s current price would drop -37.61% in reaching the projected high whereas dropping to the targeted low would mean a loss of -37.61% for stock’s current value.
Blink Charging Co (BLNK) estimates and forecasts
This year revenue growth is estimated to fall -9.82% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 30.77M for the same. And 5 analysts are in estimates of company making revenue of 34.43M in the next quarter. Company posted 42.71M and 37.57M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -19.80% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 55.97% while estimates for its earnings growth in next 5 years are of 56.66%.
Blink Charging Co (NASDAQ:BLNK)’s Major holders
BLACKROCK INC. is the top institutional holder at BLNK for having 6.7 million shares of worth $18.36 million. And as of 2024-06-30, it was holding 6.7085 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.36 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.3635 of outstanding shares, having a total worth of $11.94 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 3.28 shares of worth $3.57 million or 13.27% of the total outstanding shares. The later fund manager was in possession of 2.7 shares on Nov 30, 2024 , making its stake of worth around $2.94 million in the company or a holder of 10.92% of company’s stock.