Blink Charging Co

Company Profile

Blink Charging Co had its IPO on 2018-02-12 under the ticker symbol BLNK.

The company operates in the Industrials sector and Engineering & Construction industry. Blink Charging Co has a staff strength of 564 employees.

Stock update

Shares of Blink Charging Co opened at $6.83 at the start of the last trading session i.e. 2023-06-02.

The stocks traded within a range of $6.6 - $6.88, and closed at $6.71.

This is a -0.59% slip from the previous day's closing price.

A total volume of 1,564,159 shares were traded at the close of the day’s session.

In the last one week, shares of Blink Charging Co have slipped by -5.49%.

Blink Charging Co's Key Ratios

Blink Charging Co has a market cap of $412.90 million, indicating a price to book ratio of 2.348 and a price to sales ratio of 13.9848.

In the last 12-months Blink Charging Co’s revenue was $73.01 million with a gross profit of $17.92 million and an EBITDA of $-90728000. The EBITDA ratio measures Blink Charging Co's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Blink Charging Co’s operating margin was -138.53% while its return on assets stood at -19.09% with a return of equity of -39.8%.

In Q1, Blink Charging Co’s quarterly earnings growth was a positive 0% while revenue growth was a positive 121.1%.

Blink Charging Co’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-2.13 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Blink Charging Co’s profitability.

Blink Charging Co stock is trading at a EV to sales ratio of 12.4733 and a EV to EBITDA ratio of -7.6897. Its price to sales ratio in the trailing 12-months stood at 13.9848.

Blink Charging Co stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$441.00 million

Total Liabilities

$55.27 million

Operating Cash Flow

$-2215000.00

Capital Expenditure

$2.22 million

Dividend Payout Ratio

0%

Blink Charging Co ended 2023 with $441.00 million in total assets and $0 in total liabilities. Its intangible assets were valued at $441.00 million while shareholder equity stood at $333.66 million.

Blink Charging Co ended 2023 with $5.41 million in deferred long-term liabilities, $55.27 million in other current liabilities, 60000.00 in common stock, $-363831000.00 in retained earnings and $204.24 million in goodwill. Its cash balance stood at $103.20 million and cash and short-term investments were $103.20 million. The company’s total short-term debt was $2,348,000 while long-term debt stood at $0.

Blink Charging Co’s total current assets stands at $175.82 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $27.88 million compared to accounts payable of $28.62 million and inventory worth $39.52 million.

In 2023, Blink Charging Co's operating cash flow was $-2215000.00 while its capital expenditure stood at $2.22 million.

Comparatively, Blink Charging Co paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$6.71

52-Week High

$26.95

52-Week Low

$6.529

Analyst Target Price

$17.11

Blink Charging Co stock is currently trading at $6.71 per share. It touched a 52-week high of $26.95 and a 52-week low of $26.95. Analysts tracking the stock have a 12-month average target price of $17.11.

Its 50-day moving average was $7.33 and 200-day moving average was $12.47 The short ratio stood at 8.71 indicating a short percent outstanding of 0%.

Around 1658.8% of the company’s stock are held by insiders while 3020% are held by institutions.