Bilibili Inc. provides online entertainment services for the young generations in the People's Republic of China. Its platform offers a range of content, including video services, mobile games, and value-added service, as well as ACG-related comic and audio content. The company's video services include professional user generated videos, occupationally generated videos, and live broadcasting. Bilibili Inc. was founded in 2009 and is headquartered in Shanghai, the People's Republic of China.
Bilibili Price Performance
NASDAQ:BILI traded up $0.19 during trading hours on Friday, reaching $25.40. 2,247,756 shares of the stock traded hands, compared to its average volume of 4,046,957. The stock has a 50 day simple moving average of $25.74 and a two-hundred day simple moving average of $26.25. Bilibili has a 1 year low of $14.93 and a 1 year high of $93.47. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.71 and a quick ratio of 2.71. The company has a market cap of $9.92 billion, a price-to-earnings ratio of -7.79 and a beta of 1.01.
Bilibili (NASDAQ:BILI - Get Rating) last released its quarterly earnings results on Thursday, June 9th. The company reported ($0.77) earnings per share for the quarter, missing analysts' consensus estimates of ($0.71) by ($0.06). Bilibili had a negative net margin of 39.78% and a negative return on equity of 34.71%. The firm had revenue of $5.05 billion for the quarter, compared to analysts' expectations of $5.05 billion. During the same quarter in the previous year, the business earned ($0.39) EPS. The company's revenue for the quarter was up 29.6% on a year-over-year basis. On average, analysts predict that Bilibili will post -2.91 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
BILI has been the subject of several research reports. Barclays increased their price objective on Bilibili from $24.00 to $26.00 and gave the company an "equal weight" rating in a report on Friday, June 10th. CLSA reduced their price objective on Bilibili from $33.40 to $25.30 and set an "outperform" rating for the company in a report on Wednesday, May 25th. Citigroup reduced their price objective on Bilibili from $46.00 to $45.00 and set a "buy" rating for the company in a report on Friday, June 10th. Finally, JPMorgan Chase & Co. raised their price target on Bilibili from $19.00 to $25.00 in a report on Monday, June 13th. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Bilibili currently has an average rating of "Hold" and a consensus target price of $50.73.