Bilibili Inc. (NASDAQ:BILI) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Bilibili Inc. (NASDAQ:BILI) have been given a consensus rating of “Moderate Buy” by the thirteen analysts that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $21.11.

Several analysts have recently weighed in on BILI shares. Barclays lifted their target price on shares of Bilibili from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Friday, February 21st. Nomura Securities cut Bilibili from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, Benchmark boosted their price objective on Bilibili from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, February 21st.

Hedge Funds Weigh In On Bilibili

Several large investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio acquired a new stake in Bilibili during the 4th quarter worth $2,689,000. Vise Technologies Inc. bought a new position in shares of Bilibili in the 4th quarter worth $329,000. Vident Advisory LLC boosted its position in shares of Bilibili by 15.1% in the 4th quarter. Vident Advisory LLC now owns 17,226 shares of the company’s stock worth $312,000 after purchasing an additional 2,263 shares during the last quarter. Quantinno Capital Management LP grew its stake in shares of Bilibili by 37.1% during the fourth quarter. Quantinno Capital Management LP now owns 32,296 shares of the company’s stock worth $585,000 after purchasing an additional 8,739 shares during the period. Finally, Nomura Holdings Inc. bought a new stake in Bilibili in the fourth quarter valued at about $272,000. Institutional investors and hedge funds own 16.08% of the company’s stock.

Bilibili Stock Performance

Bilibili stock opened at $16.55 on Monday. The firm has a market capitalization of $6.86 billion, a P/E ratio of -36.78 and a beta of 0.95. The stock has a fifty day moving average price of $19.92 and a two-hundred day moving average price of $19.93. Bilibili has a 52-week low of $10.84 and a 52-week high of $31.77. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.34 and a quick ratio of 1.05.

Bilibili (NASDAQ:BILI) last announced its earnings results on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.05 billion. As a group, analysts anticipate that Bilibili will post 0.16 EPS for the current fiscal year.

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.