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

Bilibili Inc. Sponsored ADR (NASDAQ:BILI) has been given an average rating of “Moderate Buy” by the nine analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $30.4444.

A number of research firms recently weighed in on BILI. Morgan Stanley reaffirmed an “overweight” rating and set a $27.00 price objective on shares of Bilibili in a research report on Thursday, August 27th. Piper Sandler set a $29.00 target price on shares of Bilibili in a research report on Friday, August 28th. Benchmark reiterated a “buy” rating on shares of Bilibili in a research note on Friday, August 28th. Finally, Weiss Ratings raised shares of Bilibili from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, August 31st.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its position in shares of Bilibili by 76.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,628 shares of the company’s stock valued at $37,000 after acquiring an additional 706 shares during the last quarter. Nykredit A S purchased a new position in shares of Bilibili during the second quarter valued at approximately $110,000. Parallel Advisors LLC grew its stake in shares of Bilibili by 24.0% during the first quarter. Parallel Advisors LLC now owns 6,257 shares of the company’s stock valued at $141,000 after buying an additional 1,211 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Bilibili by 61.7% in the fourth quarter. Hantz Financial Services Inc. now owns 5,886 shares of the company’s stock worth $145,000 after buying an additional 2,247 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Bilibili by 20.0% in the first quarter. PNC Financial Services Group Inc. now owns 12,078 shares of the company’s stock worth $272,000 after buying an additional 2,010 shares during the period. Hedge funds and other institutional investors own 16.08% of the company’s stock.

Bilibili Stock Performance

Bilibili stock opened at $14.90 on Monday. Bilibili has a fifty-two week low of $14.39 and a fifty-two week high of $36.40. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.32 and a current ratio of 1.32. The stock has a market cap of $6.18 billion, a P/E ratio of 30.41, a price-to-earnings-growth ratio of 1.30 and a beta of 0.71. The firm’s fifty day moving average price is $17.09 and its 200-day moving average price is $19.67.

Bilibili (NASDAQ:BILI) last released its earnings results on Saturday, August 15th. The company reported $0.23 EPS for the quarter. Bilibili had a net margin of 4.88% and a return on equity of 11.42%. The company had revenue of $1.17 billion for the quarter. On average, equities research analysts expect that Bilibili will post 0.6 earnings per share for the current fiscal year.

Bilibili Company Profile

Bilibili Inc (NASDAQ: BILI) operates an online entertainment platform in China focused on video content and community engagement. The company is known for serving younger audiences and for its strong roots in anime, comics and games, while also offering content covering entertainment, lifestyle, knowledge, technology and other interests.

Its platform includes professionally produced and user-generated videos, live streaming, mobile games and other value-added services. Bilibili also generates revenue through advertising, paid memberships, game publishing and distribution, and related digital content and merchandise activities.