Reviewing Blink Charging (BLNK) & Its Rivals

Blink Charging (NASDAQ:BLNK) is one of 11 publicly-traded companies in the “Miscellaneous transportation equipment” industry, but how does it contrast to its peers? We will compare Blink Charging to related companies based on the strength of its analyst recommendations, valuation, risk, profitability, institutional ownership, earnings and dividends.

Profitability

This table compares Blink Charging and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Blink Charging	-132.55%	-35.41%	-25.69%
Blink Charging Competitors	-111.99%	23.68%	-13.91%

Analyst Ratings

This is a summary of current ratings and price targets for Blink Charging and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Blink Charging	0	3	1	0	2.25
Blink Charging Competitors	13	278	360	25	2.59

Blink Charging currently has a consensus price target of $17.29, suggesting a potential upside of 336.51%. As a group, “Miscellaneous transportation equipment” companies have a potential upside of 30.47%. Given Blink Charging’s higher possible upside, equities analysts plainly believe Blink Charging is more favorable than its peers.

Insider & Institutional Ownership

35.0% of Blink Charging shares are owned by institutional investors. Comparatively, 45.1% of shares of all “Miscellaneous transportation equipment” companies are owned by institutional investors. 15.7% of Blink Charging shares are owned by company insiders. Comparatively, 16.9% of shares of all “Miscellaneous transportation equipment” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Risk and Volatility

Blink Charging has a beta of 2.75, meaning that its share price is 175% more volatile than the S&P 500. Comparatively, Blink Charging’s peers have a beta of 1.82, meaning that their average share price is 82% more volatile than the S&P 500.

Earnings & Valuation

This table compares Blink Charging and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Blink Charging	$61.14 million	-$91.56 million	-1.75
Blink Charging Competitors	$2.17 billion	$28.20 million	4.04

Blink Charging’s peers have higher revenue and earnings than Blink Charging. Blink Charging is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Blink Charging peers beat Blink Charging on 11 of the 13 factors compared.

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. It also provides Blink Network, a cloud-based system that operates, maintains, and manages various Blink charging stations and associated charging data, back-end operations, and payment processing, as well as offers property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations; and EV drivers with station information, including station location, availability, and applicable fees. In addition, the company offers EV charging hardware, software services, and service plans. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use and municipal locations, multifamily residential and condos, 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 direct sales force and resellers, as well as sells residential Level 2 chargers through various internet channels. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida.