With 2.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.53 million shares. The 52-week range on BLNK shows that it touched its highest point at $3.75 and its lowest point at $0.87 during that stretch. It currently has a 1-year price target of $3.67. Beta for the stock currently stands at 2.92.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BLNK was up-trending over the past week, with a rise of 1.96%, but this was down by -9.57% over a month. Three-month performance dropped to -33.76% while six-month performance fell -37.35%. The stock lost -64.98% in the past year, while it has lost -25.18% so far this year. A look at the trailing 12-month EPS for BLNK yields -1.45 with Next year EPS estimates of -0.48. For the next quarter, that number is -0.17. This implies an EPS growth rate of 55.94% for this year and 66.34% for next year. EPS is expected to grow by 56.66% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -19.80%.
Float and Shares Shorts:
At present, 101.15 million BLNK shares are outstanding with a float of 92.07 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLNK since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.37388 being high and -$1.4547 being low. For BLNK, this leads to a yearly average estimate of -$1.41429. Based on analyst estimates, the high estimate for the next quarter is -$0.09 and the low estimate is -$0.12. The average estimate for the next quarter is thus -$0.1.
