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

Bilibili Inc. (NASDAQ:BILI) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $21.11.

BILI has been the topic of a number of research analyst reports. Barclays raised their target price on Bilibili from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Nomura Securities lowered shares of Bilibili from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Benchmark increased their price target on shares of Bilibili from $24.00 to $30.00 and gave the company a “buy” rating in a report on Friday, February 21st.

Bilibili Price Performance

Shares of Bilibili stock opened at $16.68 on Monday. Bilibili has a 1-year low of $10.84 and a 1-year high of $31.77. The firm has a fifty day simple moving average of $19.72 and a 200-day simple moving average of $19.83. The company has a current ratio of 1.34, a quick ratio of 1.05 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of -37.07 and a beta of 0.95.

Bilibili (NASDAQ:BILI) last released its quarterly earnings results 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. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Bilibili had a negative net margin of 5.01% and a negative return on equity of 8.23%. On average, sell-side analysts expect that Bilibili will post 0.16 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Bilibili by 26.3% in the 3rd 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 buying an additional 735 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC raised its stake in Bilibili by 3.3% during 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 in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Bilibili by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 110,560 shares of the company’s stock valued at $2,002,000 after acquiring an additional 1,140 shares during the period. Avior Wealth Management LLC boosted its stake in shares of Bilibili by 1,817.7% in the 4th quarter. Avior Wealth Management LLC now owns 1,515 shares of the company’s stock valued at $27,000 after purchasing an additional 1,436 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in Bilibili by 4.1% in the fourth quarter. Legal & General Group Plc now owns 46,629 shares of the company’s stock valued at $845,000 after buying an additional 1,839 shares in the last quarter. Institutional investors 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.