Bilibili Inc. (NASDAQ:BILI - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $24.10, but opened at $22.67. Bilibili shares last traded at $22.24, with a volume of 1,979,645 shares changing hands.
Analyst Ratings Changes
A number of research firms recently commented on BILI. Benchmark upped their price objective on Bilibili from $24.00 to $30.00 and gave the company a "buy" rating in a report on Friday, February 21st. Barclays upped their price target on Bilibili from $24.00 to $25.00 and gave the stock an "overweight" rating in a research note on Friday, February 21st. Finally, Nomura Securities cut Bilibili from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Bilibili presently has an average rating of "Moderate Buy" and an average target price of $21.11.
Read Our Latest Analysis on BILI
Bilibili Stock Up 2.1 %
The business has a 50-day moving average price of $19.04 and a two-hundred day moving average price of $19.35. The company has a quick ratio of 1.05, a current ratio of 1.34 and a debt-to-equity ratio of 0.23. The firm has a market cap of $8.88 billion, a PE ratio of -47.64 and a beta of 0.93.
Bilibili (NASDAQ:BILI - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.05 billion. Bilibili had a negative return on equity of 8.23% and a negative net margin of 5.01%. On average, equities research analysts expect that Bilibili Inc. will post 0.16 EPS for the current year.
Hedge Funds Weigh In On Bilibili
Several large investors have recently bought and sold shares of BILI. Assetmark Inc. purchased a new position in shares of Bilibili during the third quarter worth about $159,000. Venturi Wealth Management LLC purchased a new position in shares of Bilibili during the third quarter worth about $63,000. KBC Group NV grew its holdings in shares of Bilibili by 90.9% during the third quarter. KBC Group NV now owns 10,683 shares of the company's stock worth $250,000 after purchasing an additional 5,086 shares during the last quarter. Natixis Advisors LLC purchased a new position in shares of Bilibili during the third quarter worth about $272,000. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in shares of Bilibili during the third quarter worth about $1,189,000. Hedge funds and other institutional investors own 16.08% of the company's stock.
About Bilibili
(
Get Free Report)
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.
Featured Articles
Before you consider Bilibili, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bilibili wasn't on the list.
While Bilibili currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
