Blink Charging Co (NASDAQ:BLNK)’s traded shares stood at 0.5 million during the latest session, with the company’s beta value hitting 2.91. At the last check today, the stock’s price was $1.03, to imply a decrease of -0.33% or $0.0 in intraday trading. The BLNK share’s 52-week high remains $3.75, putting it -264.08% down since that peak but still an impressive 15.53% since price per share fell to its 52-week low of $0.87. The company has a valuation of $103.87M, with an average of 4.71 million shares in intraday trading volume over the past 10 days and average of 4.42 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Blink Charging Co (BLNK), translating to a mean rating of 2.25. Of 4 analyst(s) looking at the stock, 0 analyst(s) give BLNK a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.12.
Blink Charging Co (NASDAQ:BLNK) trade information
After registering a -0.33% downside in the latest session, Blink Charging Co (BLNK) has traded red over the past five days. The 5-day price performance for the stock is 14.03%, and -5.82% over 30 days. With these gigs, the year-to-date price performance is -26.14%. Short interest in Blink Charging Co (NASDAQ:BLNK) saw shorts transact 25.32 million shares and set a 6.22 days time to cover.
The extremes give us $1.5 and $2 for target low and target high price respectively. As such, BLNK has been trading -94.17% off suggested target high and -45.63% from its likely low.
Blink Charging Co (BLNK) estimates and forecasts
The rating firms project that company’s revenue will grow 1.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 27.74M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 29.94M.Earnings reports from the last fiscal year show that sales brought in 37.57M and 33.26M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -26.16% before dropping -9.98% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -39.82% for the past 5-year period. While 2025 is set for a 75.24% return in earnings, projections for the next 5 years are at 55.85% annually.
BLNK Dividends
Blink Charging Co has its next earnings report out on 2025-Mar-12. 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 (NASDAQ:BLNK)’s Major holders
Blink Charging Co insiders hold 5.93% of total outstanding shares, with institutional holders owning 34.04% of the shares at 36.19% float percentage. In total, 34.04% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 6.7 million shares (or 6.7085% of shares), all amounting to roughly $18.36 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 4.36 million shares, or about 4.3635% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.94 million.
We also have SPDR S&P Kensho New Economies Composite ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Blink Charging Co (BLNK) shares. Going by data provided on Dec 31, 2024 , SPDR S&P Kensho New Economies Composite ETF holds roughly 2.89 shares. This is just over 11.72% of the total shares, with a market valuation of $2.96 million. Data from the same date shows that the other fund manager holds a little less at 2.87, or 11.61% of the shares, all valued at about 2.94 million.
