Blink Charging Co Stock Forecast:
According to 6 analysts’ predictions for Blink Charging Co‘s shares, the company’s average 12-month target price is USD 12.14. The typical analyst rating for Blink Charging Co. is Hold. Blink Charging Co’s stock analysis by Stock Target Advisor, which is based on 2 positive indications and 5 negative signals, is Bearish. The stock price of Blink Charging Co at the most recent close was USD 7.19. The price of Blink Charging Co’s stock has moved over the course of the last week, month, and year by -7.23%, -6.14%, and -66.08%, respectively.
Analysts Coverage Change:
Stifel Nicolaus just released a research report on April 25th, maintaining the investment firm’s “Hold” rating on Blink Charging Co. and lowering the price target to $9 from $23 on the company’s stock.
Positive Fundamentals:
Underpriced compared to earnings
On a price to earnings metric, the stock is trading at a low price compared to its peers and is in the top quartile. Although it can be priced too low, be sure there isn’t a specific explanation by looking at its financial performance.
Superior Revenue Growth
Compared to its industry, this stock’s revenue growth over the previous five years has been in the top quartile.
Negative Fundamentals:
High volatility
Over the past five years, this company’s total returns have been erratic and higher above the industry average. If you plan to invest in such a stock, be sure your risk tolerance is adequate.
Overpriced compared to book value
On a price to book value basis, the stock is selling at a premium to the median of its peer group.
Poor cash flow
The last four quarters saw a negative total cash flow for the organisation.
Negative free-cash flow
In the last four quarters, the company’s overall free cash flow was negative.
Low growth in earnings
Compared to its sector, this stock’s five-year median earnings growth was lower than average.
