Blink Charging (BLNK) to Release Earnings on Thursday

Blink Charging (NASDAQ:BLNK) is projected to issue its quarterly earnings data after the market closes on Thursday, March 13th. Analysts expect the company to announce earnings of ($0.17) per share and revenue of $30.77 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Blink Charging Trading Up 2.5 %

Shares of BLNK stock opened at $0.98 on Thursday. The company has a market capitalization of $99.15 million, a price-to-earnings ratio of -0.65 and a beta of 2.86. The firm has a 50-day moving average price of $1.26 and a 200 day moving average price of $1.61. Blink Charging has a twelve month low of $0.87 and a twelve month high of $3.75.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BLNK. UBS Group lowered their price target on Blink Charging from $2.00 to $1.70 and set a “neutral” rating for the company in a report on Monday, January 27th. Barclays cut their price target on Blink Charging from $3.00 to $1.50 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Benchmark reiterated a “buy” rating and set a $5.00 price objective on shares of Blink Charging in a research note on Tuesday, November 12th. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Blink Charging in a research note on Wednesday, January 15th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Blink Charging has an average rating of “Hold” and a consensus price target of $5.09.

About Blink Charging

Blink Charging Co, through its subsidiaries, owns, operates, manufactures, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types.