With 2.4 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.3 million shares. The 52-week range on BLNK shows that it touched its highest point at $3.75 and its lowest point at $0.63 during that stretch. It currently has a 1-year price target of $2.40. Beta for the stock currently stands at 3.28.
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 down-trending over the past week, with a drop of -1.32%, but this was down by -3.62% over a month. Three-month performance dropped to -21.45% while six-month performance fell -54.10%. The stock lost -76.52% in the past year, while it has lost -48.82% so far this year. A look at the trailing 12-month EPS for BLNK yields -1.99 with Next year EPS estimates of -0.44. For the next quarter, that number is -0.16. This implies an EPS growth rate of 69.64% for this year and 26.39% for next year. EPS is expected to grow by 48.04% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -39.82%.
Float and Shares Shorts:
At present, 102.72 million BLNK shares are outstanding with a float of 93.43 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 -$1.38331 being high and -$1.46469 being low. For BLNK, this leads to a yearly average estimate of -$1.424.
