NASDAQ:BLNK - Blink Charging Stock Price, News & Analysis

$2.85
+0.04 (+1.42 %)
(As of 09/16/2019 10:04 AM ET)
Today's Range
$2.76
Now: $2.85
$2.85
50-Day Range
$2.42
MA: $2.67
$3.16
52-Week Range
$1.56
Now: $2.85
$4.25
Volume19,781 shs
Average Volume120,998 shs
Market Capitalization$74.78 million
P/E RatioN/A
Dividend YieldN/A
Beta4.82
Blink Charging Co. owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a cloud-based software that operates, maintains, and tracks various Blink EV charging stations and associated charging data, as well as provides property owners, managers, and parking companies with cloud-based services that enable the remote monitoring and management of EV charging stations and payment processing. In addition, the company provides EV charging hardware, site recommendations, and maintenance services. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. The company offers its services through field sales force and reseller partners. As of March 20, 2018, it had approximately 14,165 charging stations. It has a strategic partnership with Hubject GmbH. The company was formerly known as Car Charging Group, Inc. and changed its name to Blink Charging Co. in August 2017. Blink Charging Co. is headquartered in Hollywood, Florida.

Industry, Sector and Symbol

Industry Power, distribution & specialty transformers
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:BLNK
CUSIPN/A
CIKN/A
Phone305-521-0200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.69 million
Book Value$0.63 per share

Profitability

Net Income$-3,420,000.00
Net Margins-309.42%

Miscellaneous

Employees39
Market Cap$74.78 million
Next Earnings Date11/13/2019 (Estimated)
OptionableOptionable

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Blink Charging (NASDAQ:BLNK) Frequently Asked Questions

What is Blink Charging's stock symbol?

Blink Charging trades on the NASDAQ under the ticker symbol "BLNK."

How were Blink Charging's earnings last quarter?

Blink Charging Co (NASDAQ:BLNK) issued its earnings results on Wednesday, August, 14th. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.04. The business earned $0.72 million during the quarter, compared to the consensus estimate of $0.71 million. Blink Charging had a negative return on equity of 58.19% and a negative net margin of 309.42%. View Blink Charging's Earnings History.

When is Blink Charging's next earnings date?

Blink Charging is scheduled to release their next quarterly earnings announcement on Wednesday, November 13th 2019. View Earnings Estimates for Blink Charging.

What price target have analysts set for BLNK?

2 equities research analysts have issued 12-month target prices for Blink Charging's shares. Their predictions range from $5.00 to $5.00. On average, they anticipate Blink Charging's share price to reach $5.00 in the next year. This suggests a possible upside of 75.4% from the stock's current price. View Analyst Price Targets for Blink Charging.

What is the consensus analysts' recommendation for Blink Charging?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blink Charging in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Blink Charging.

What are Wall Street analysts saying about Blink Charging stock?

Here are some recent quotes from research analysts about Blink Charging stock:
  • 1. According to Zacks Investment Research, "Blink Charging Co. is an owner, operator and provider of EV charging stations and services. It also offers EV charging equipment and connectivity to the Blink Network, a cloud-based software which operates, manages and tracks the Blink EV charging stations and all the associated data. The company serves multifamily residential and commercial properties, airports, colleges, municipalities, parking garages, shopping malls, retail parking, schools and workplaces sectors. Blink Charging Co. is headquartered in Florida, United States. " (8/21/2019)
  • 2. HC Wainwright analysts commented, "We believe that investors seeking access to the EV charging space should find Blink’s market position attractive. The company has capitalized on its early-mover advantage by executing a strategy of executing long-term contracts with property partners, and offering flexible payment plans to customers." (5/17/2019)

Has Blink Charging been receiving favorable news coverage?

Media coverage about BLNK stock has trended somewhat positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Blink Charging earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Blink Charging.

Are investors shorting Blink Charging?

Blink Charging saw a drop in short interest in August. As of August 31st, there was short interest totalling 1,001,700 shares, a drop of 13.8% from the July 31st total of 1,162,000 shares. Based on an average daily trading volume, of 162,500 shares, the short-interest ratio is presently 6.2 days. Currently, 5.5% of the shares of the stock are short sold. View Blink Charging's Current Options Chain.

Who are some of Blink Charging's key competitors?

What other stocks do shareholders of Blink Charging own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blink Charging investors own include Advanced Micro Devices (AMD), Micron Technology (MU), General Electric (GE), NVIDIA (NVDA), Alibaba Group (BABA), NIO (NIO), Cronos Group (CRON), Intel (INTC), IQIYI (IQ) and Bank of America (BAC).

Who are Blink Charging's key executives?

Blink Charging's management team includes the folowing people:
  • Mr. Michael D. Farkas, Founder, Chairman & CEO (Age 47)
  • Mr. James C. Christodoulou, Pres, COO & Director (Age 59)
  • Mr. Jonathan New, Chief Financial Officer (Age 59)
  • Mr. Michael J. Calise Jr., Sr. VP of Sales (Age 58)
  • Mr. Ira B. Feintuch, Advisor (Age 48)

When did Blink Charging IPO?

(BLNK) raised $23 million in an initial public offering (IPO) on the week of February 12th 2018. The company issued 4,600,000 shares at a price of $5.00 per share. Joseph Gunnar acted as the underwriter for the IPO and Benchmark and Dawson James Securities were co-managers.

Who are Blink Charging's major shareholders?

Blink Charging's stock is owned by many different of institutional and retail investors. Top institutional investors include Blue Fin Capital Inc. (4.44%), Uniplan Investment Counsel Inc. (1.77%) and BlackRock Inc. (1.43%). View Institutional Ownership Trends for Blink Charging.

Which institutional investors are selling Blink Charging stock?

BLNK stock was sold by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc.. View Insider Buying and Selling for Blink Charging.

Which institutional investors are buying Blink Charging stock?

BLNK stock was acquired by a variety of institutional investors in the last quarter, including Blue Fin Capital Inc. and BlackRock Inc.. View Insider Buying and Selling for Blink Charging.

How do I buy shares of Blink Charging?

Shares of BLNK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Blink Charging's stock price today?

One share of BLNK stock can currently be purchased for approximately $2.85.

How big of a company is Blink Charging?

Blink Charging has a market capitalization of $74.78 million and generates $2.69 million in revenue each year. The company earns $-3,420,000.00 in net income (profit) each year or ($1.30) on an earnings per share basis. Blink Charging employs 39 workers across the globe.View Additional Information About Blink Charging.

What is Blink Charging's official website?

The official website for Blink Charging is http://www.blinkcharging.com/.

How can I contact Blink Charging?

Blink Charging's mailing address is 407 LINCOLN ROAD, MIAMI BEACH FL, 33139. The company can be reached via phone at 305-521-0200.


MarketBeat Community Rating for Blink Charging (NASDAQ BLNK)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  64 (Vote Outperform)
Underperform Votes:  80 (Vote Underperform)
Total Votes:  144
MarketBeat's community ratings are surveys of what our community members think about Blink Charging and other stocks. Vote "Outperform" if you believe BLNK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BLNK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/16/2019 by MarketBeat.com Staff

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