Reviewing Blink Charging Co. (BLNK)’s and Its Peers results

Blink Charging Co. (NASDAQ:BLNK) is a company in the Business Services industry and that’s how we contrast it to its peers. The contrasting will be based on the analyst recommendations, profitability, risk, dividends, earnings and valuation, institutional ownership.

Insider and Institutional Ownership

9% of Blink Charging Co.’s shares are owned by institutional investors. Comparatively, 63.33% of all Business Services’s companies shares are owned by institutional investors. 12% of Blink Charging Co. shares are owned by company insiders. Comparatively, 6.71% of all Business Services companies shares are owned by company insiders.

Profitability

On first table we have Blink Charging Co. and its peers’ net margins, return on assets and return on equity.

Net Margins Return on Equity Return on Assets
Blink Charging Co. -53.36% 0.00% -292.00%
Industry Average 9.07% 35.74% 7.70%

Earnings & Valuation

In next table we are contrasting Blink Charging Co. and its peers’ net profit, top-line revenue and valuation.

Net Income Gross Revenue Price/Earnings Ratio
Blink Charging Co. 1.35M 2.53M 1.47
Industry Average 146.63M 1.62B 41.13

Blink Charging Co. has lower revenue and P/E Ratio than its competitors. The company has a lower P/E ratio which is presently more affordable in contrast to its peers.

Analyst Recommendations

Table 3 provides summary of current ratings for Blink Charging Co. and its peers.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Blink Charging Co. 0 0 1 3.00
Industry Average 1.10 2.46 3.04 2.59

With consensus target price of $5, Blink Charging Co. has a potential upside of 81.82%. The competitors have a potential upside of 60.79%. Based on the data shown earlier, Blink Charging Co.’s competitors are looking more favorable than the company itself, research analysts’ view.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of Blink Charging Co. and its competitors.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Blink Charging Co. 21.56% 69.87% 76.02% 21.56% 36.49% 126.16%
Industry Average 4.68% 14.95% 21.19% 21.63% 42.35% 28.06%

For the past year Blink Charging Co. has stronger performance than Blink Charging Co.’s peers.

Liquidity

Blink Charging Co. has a Current Ratio of 3.7 and a Quick Ratio of 3.6. Competitively, Blink Charging Co.’s competitors Current Ratio is 1.73 and has 1.64 Quick Ratio. Blink Charging Co. has better ability to pay short and long-term obligations than Blink Charging Co.’s peers.

Risk & Volatility

Blink Charging Co. has a beta of 3.54 and its 254.00% more volatile than Standard & Poor’s 500. Competitively, Blink Charging Co.’s peers’ beta is 1.26 which is 26.41% more volatile than Standard & Poor’s 500.

Dividends

Blink Charging Co. does not pay a dividend.

Summary

Blink Charging Co.’s peers show that they’re better in 4 of the 6 indicators compared to the company itself.

Blink Charging Co. owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a cloud-based software that operates, maintains, and tracks various Blink EV charging stations and associated charging data, as well as provides property owners, managers, and parking companies with cloud-based services that enable the remote monitoring and management of EV charging stations and payment processing. In addition, the company provides EV charging hardware, site recommendations, and maintenance services. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use, municipal locations, multifamily residential and condo, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. The company offers its services through field sales force and reseller partners. As of December 31, 2016, it had approximately 13,346 charging stations. The company was formerly known as Car Charging Group, Inc. and changed its name to Blink Charging Co. in August 2017. Blink Charging Co. is headquartered in Hollywood, Florida.