Bilibili Inc. Sponsored ADR (NASDAQ:BILI) Receives Average Recommendation of “Moderate Buy” from Analysts

Bilibili Inc. Sponsored ADR (NASDAQ:BILI) has received an average recommendation of “Moderate Buy” from the ten brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $30.7778.

A number of research firms have recently commented on BILI. Morgan Stanley raised shares of Bilibili from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $25.00 to $31.00 in a research note on Monday, April 13th. JPMorgan Chase & Co. raised shares of Bilibili from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $27.00 to $35.00 in a research note on Tuesday, March 17th. Benchmark reaffirmed a “buy” rating on shares of Bilibili in a research note on Wednesday, May 20th. Weiss Ratings cut shares of Bilibili from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. Finally, Citigroup raised shares of Bilibili from a “neutral” rating to a “buy” rating and set a $27.00 price objective for the company in a research note on Friday, March 27th.

Institutional Trading of Bilibili

Several large investors have recently bought and sold shares of the business. Morgan Stanley grew its stake in Bilibili by 187.2% during the 4th quarter. Morgan Stanley now owns 3,846,849 shares of the company’s stock valued at $94,594,000 after acquiring an additional 2,507,321 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Bilibili by 16.9% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,929,897 shares of the company’s stock valued at $54,211,000 after buying an additional 278,760 shares during the period. Man Group plc grew its stake in shares of Bilibili by 21.9% in the 2nd quarter. Man Group plc now owns 1,460,147 shares of the company’s stock valued at $31,320,000 after buying an additional 262,554 shares during the period. SIH Partners LLLP grew its stake in shares of Bilibili by 327.1% in the 4th quarter. SIH Partners LLLP now owns 1,021,800 shares of the company’s stock valued at $25,126,000 after buying an additional 782,540 shares during the period. Finally, Step Capital Management Pte. Ltd. purchased a new stake in shares of Bilibili in the 4th quarter valued at approximately $24,590,000. Hedge funds and other institutional investors own 16.08% of the company’s stock.

Bilibili Stock Down 2.7%

BILI stock opened at $17.86 on Friday. The stock has a market capitalization of $7.41 billion, a P/E ratio of 39.69 and a beta of 0.71. The firm has a 50-day simple moving average of $20.89 and a 200-day simple moving average of $25.33. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.30. Bilibili has a 52 week low of $16.92 and a 52 week high of $36.40.

Bilibili (NASDAQ:BILI) last released its earnings results on Saturday, May 16th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Bilibili had a net margin of 4.58% and a return on equity of 10.81%. The company’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.85 earnings per share. Equities analysts forecast that Bilibili will post 0.61 earnings per share for the current fiscal year.

Bilibili Company Profile

Bilibili (NASDAQ: BILI) is a leading Chinese online entertainment platform renowned for its focus on animation, comics and games (ACG) content. The company operates a video-sharing website where users can view, upload and comment on a wide range of content, from full-length anime episodes to user-generated short videos. In addition to on-demand streaming, Bilibili offers live broadcasting services that connect creators with fans through real-time interaction features such as “bullet comments” that flow across the screen.

Beyond its core video community, Bilibili generates revenue through multiple value-added services.