Bilibili (NASDAQ:BILI - Get Free Report) is expected to post its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect Bilibili to post earnings of $0.19 per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.
Bilibili (NASDAQ:BILI - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.05 billion. On average, analysts expect Bilibili to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Bilibili Stock Performance
BILI stock traded down $0.36 on Friday, hitting $20.34. The company had a trading volume of 4,798,368 shares, compared to its average volume of 7,543,363. The company has a current ratio of 1.34, a quick ratio of 1.05 and a debt-to-equity ratio of 0.23. Bilibili has a 12-month low of $9.63 and a 12-month high of $31.77. The stock has a market cap of $8.43 billion, a price-to-earnings ratio of -45.20 and a beta of 0.81. The stock's 50-day simple moving average is $18.39 and its 200 day simple moving average is $18.83.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on BILI. Mizuho boosted their price objective on shares of Bilibili from $17.00 to $21.00 and gave the company an "outperform" rating in a research report on Tuesday, November 12th. Nomura Securities cut Bilibili from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Daiwa Capital Markets raised Bilibili from a "neutral" rating to a "buy" rating in a research report on Friday, November 8th. Barclays boosted their price objective on Bilibili from $24.00 to $25.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Finally, Benchmark raised their target price on shares of Bilibili from $24.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Four 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's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $20.33.
View Our Latest Stock Report on BILI
About Bilibili
(
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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.
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