Shares of Bilibili Inc. (NASDAQ:BILI – Get Rating) have earned an average rating of "Moderate Buy" from the ten brokerages that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $22.44.
A number of equities research analysts have recently issued reports on BILI shares. UBS Group started coverage on shares of Bilibili in a research report on Thursday, December 8th. They set a "buy" rating for the company. Sanford C. Bernstein upgraded shares of Bilibili from an "underperform" rating to a "market perform" rating in a research report on Tuesday, December 13th. CLSA reduced their price target on shares of Bilibili from $23.30 to $14.70 in a research report on Tuesday, November 29th. Barclays lifted their price target on shares of Bilibili from $13.00 to $16.00 and gave the company an "equal weight" rating in a research report on Wednesday, November 30th. Finally, The Goldman Sachs Group lifted their price target on shares of Bilibili from $22.20 to $25.30 and gave the company a "neutral" rating in a research report on Monday, January 9th.
Get Bilibili alerts:Bilibili Price Performance
Shares of NASDAQ:BILI opened at $23.90 on Friday. The company has a quick ratio of 1.64, a current ratio of 1.43 and a debt-to-equity ratio of 0.57. The company has a market cap of $9.34 billion, a P/E ratio of -8.42 and a beta of 1.08. Bilibili has a 52 week low of $8.23 and a 52 week high of $33.78. The company has a 50-day moving average price of $23.07 and a 200 day moving average price of $19.45.
Bilibili (NASDAQ:BILI – Get Rating) last announced its quarterly earnings data on Thursday, March 2nd. The company reported ($0.58) EPS for the quarter, beating analysts' consensus estimates of ($0.63) by $0.05. The firm had revenue of $890.58 million during the quarter, compared to the consensus estimate of $887.96 million. Bilibili had a negative net margin of 34.55% and a negative return on equity of 44.38%. Research analysts predict that Bilibili will post -1.67 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. FMR LLC increased its stake in shares of Bilibili by 2.1% during the 2nd quarter. FMR LLC now owns 19,888,043 shares of the company's stock worth $509,134,000 after purchasing an additional 405,620 shares in the last quarter. Artisan Partners Limited Partnership increased its stake in shares of Bilibili by 28.0% during the 3rd quarter. Artisan Partners Limited Partnership now owns 4,690,822 shares of the company's stock worth $71,863,000 after purchasing an additional 1,027,218 shares in the last quarter. Lord Abbett & CO. LLC purchased a new position in shares of Bilibili during the 4th quarter worth approximately $40,273,000. First Manhattan Co. grew its stake in Bilibili by 7.2% in the 4th quarter. First Manhattan Co. now owns 1,233,826 shares of the company's stock worth $29,229,000 after acquiring an additional 83,172 shares during the period. Finally, Matthews International Capital Management LLC grew its stake in Bilibili by 52.3% in the 4th quarter. Matthews International Capital Management LLC now owns 1,148,007 shares of the company's stock worth $27,196,000 after acquiring an additional 394,183 shares during the period. 20.27% of the stock is owned by hedge funds and other institutional investors.
Bilibili Company Profile
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Bilibili, Inc is a holding company, which represents the iconic brand of online entertainment for young generations in China. It offers a wide array of content serving young generations' diverse interests. The firm enables broad video-based content consumption scenarios centered around professional user generated videos (PUGV) supplemented with live broadcasting, occupationally generated videos, or occupationally generated videos (OGV), and more.
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