Bilibili Inc. (NASDAQ:BILI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Bilibili Inc. (NASDAQ:BILI) have earned an average recommendation of “Moderate Buy” from the thirteen analysts that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $21.11.

A number of equities analysts have recently issued reports on the stock. Nomura Securities downgraded shares of Bilibili from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Benchmark increased their price objective on shares of Bilibili from $24.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Finally, Barclays increased their target price on shares of Bilibili from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, February 21st.

Bilibili Price Performance

Shares of BILI stock opened at $22.28 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.34 and a quick ratio of 1.05. The company’s 50-day simple moving average is $19.15 and its two-hundred day simple moving average is $19.48. Bilibili has a one year low of $10.37 and a one year high of $31.77. The company has a market capitalization of $9.23 billion, a P/E ratio of -49.51 and a beta of 0.93.

Bilibili (NASDAQ:BILI) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. Bilibili had a negative net margin of 5.01% and a negative return on equity of 8.23%. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.05 billion. As a group, equities analysts anticipate that Bilibili will post 0.16 EPS for the current year.

Institutional Trading of Bilibili

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Bilibili by 26.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,528 shares of the company’s stock worth $82,000 after acquiring an additional 735 shares during the period. Laird Norton Wetherby Wealth Management LLC increased its stake in shares of Bilibili by 3.3% in the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 23,109 shares of the company’s stock worth $419,000 after acquiring an additional 749 shares during the period. Geode Capital Management LLC increased its stake in shares of Bilibili by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 110,560 shares of the company’s stock worth $2,002,000 after acquiring an additional 1,140 shares during the period. Avior Wealth Management LLC increased its stake in shares of Bilibili by 1,817.7% in the fourth quarter. Avior Wealth Management LLC now owns 1,515 shares of the company’s stock worth $27,000 after acquiring an additional 1,436 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of Bilibili by 4.1% in the fourth quarter. Legal & General Group Plc now owns 46,629 shares of the company’s stock worth $845,000 after acquiring an additional 1,839 shares during the period. Institutional investors and hedge funds own 16.08% of the company’s stock.

Bilibili Company Profile

Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.