Blink Charging (BLNK): too late to buy?

6:02 pm ET, 17 May 2018

Blink Charging (NASDAQ:BLNK) is up 36% in today's traiding upon reporting excellent Q1 results.

What can you expect now? And if you're a trader, is it too late to buy?  

Let's look at the results first.  The two main lines of business reported double-digit growth: charging service revenue increased 14% (to $306K) and network fee revenue climbed 16% ($57K).

Blink Charging Chairman Michael Farkas noted that the company is focused on the nationwide growth of charging stations at commercial and residential properties, as Electric Vehicles (EVs) gain a more significant share of the vehicle market.  

Now, let's look at the technical analysis of the stock.  While the short- and mid-term sentiment looks very strong, long-term sentiment seems to be a little more pessimistic.   

S&P Capital notes that the stock is overvalued, and its analysis of the stock also indicates low quality and stability.  The quality metric uses fundamental data to assess a company’s overall earnings quality in relation to its peers. Growth Stability is an assessment of how stable the growth of earnings and cash flow has been over time.

The traders are excited about the overall potential for the company and are by-and-large ignoring the fundamentals.  

Important to note is that this company that owns, operates and provides EV charging equipment and services, swang to profit in Q1.  Net income for the quarter was at $2.2 million (in contrast to a loss of $3.1 million in the prior-year period), and the market reacted accordingly.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

Blink Charging Co. (BLNK) Stock Guide

Updated at: 2:59 am ET, 13 Jul 2020

Before we start: if you're looking for BLNK stock price, you can quickly find it out by visiting Finny and typing "BLNK quote". If you're looking for a quick scoop on BLNK stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "BLNK". You'll get all this info in one place. Or you can just type "BLNK news" to get the latest stock news.

Looking to buy or sell Blink Charging Co. (BLNK)? Interested in getting the full scoop on BLNK, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this BLNK stock guide, we'll address key questions about BLNK, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are BLNK earnings?
2. When is BLNK earnings date?
3. BLNK buy or sell? What is BLNK Finny Score?
4. What are the reasons to buy BLNK? Why should I buy BLNK stock?
5. What are the reasons to sell BLNK? Why should I sell BLNK stock?
6. What are BLNK key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are BLNK earnings?

BLNK trailing 12-month earnings per share (EPS) is -$0.37.

2. When is BLNK earnings date?

BLNK earnings date is May 13, 2020.

Analysis

3. BLNK buy or sell? What is BLNK Finny Score?

#{finnyScore:22}Our quantitative analysis shows 2 reasons to buy and 7 reasons to sell BLNK, resulting in Finny Score of 22.

4. What are the reasons to buy BLNK? Why should I buy BLNK stock?

Here are the reasons to buy BLNK stock:

5. What are the reasons to sell BLNK? Why should I sell BLNK stock?

Let's look at the reasons to sell BLNK stock (i.e., the bear case):

Key Stats

6. What are BLNK key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for BLNK:

Metrics BLNK
Price $11.06
Average Price Target / Upside N/A
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Business Services
Sector Industrials
Number of Employees 31
Market Cap $366.78M
Forward P/E Ratio -42.32
Price/Book Ratio 105.38
Revenue (TTM) $3.48M
YoY Quarterly Revenue Growth 125.00%
Profit Margin 0.00%

If you liked this analysis, check out Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

Use Finny to ask any finance or investment question. Big or small. Personal or general.
Follow Us