Analysis Of The Weekly Performance Of Bilibili Inc. (BILI)

Bilibili Inc. (NASDAQ:BILI) finished Wednesday with an addition of $2.34 to close at $71.34, an upside of 3.39 percent. An average of 2,861,400 shares of common stock have been traded in the last five days. There was a gain of $7.07 in the past week. The last 20 days have seen an average of 3,680,570 shares traded, while the 50-day average volume stands at 4,878,912.

BILI stock has decreased by -10.26% in the last month. The company shares reached their 1-month lowest point of $60.47 on 10/04/21. With the stock rallying to its 52-week high on 02/11/21, shares of the company touched a low of $42.70 and a high of $157.66 in 52 weeks. In spite of this, the price is down -54.75% from the 52-week high.


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Valuation Metrics

Bilibili Inc. (BILI) has a trailing price-to-earnings (P/E) ratio of 30.20 for the broader industry and 30.41 for the sector. The stock’s beta is 1.28. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 11.34, the price-to-book (PB) ratio at 6.97.

Further, the company has a long term debt to equity ratio of 0.32 and a total debt to equity ratio of 0.34 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 23.50% against a 5-year average of 7.3%. Bilibili Inc.’s EBITDA margin for the year ending June 29 is -11.03%, while its operating margin for the same period stands at -29.30%. Its gross profit as reported stood at $435.28 million compared to revenue of $1.84 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Bilibili Inc.’s return on assets was -11.90%, compared to -25.1% over the last five years. For the broader industry, ROE averaged 7.41 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Bilibili Inc. had $514.51 million in cash. The analyst consensus anticipated Bilibili Inc.’s latest quarter earnings to come in at -$0.45 per share, but it turned out to be -$0.35, a 22.20% surprise. For the quarter, EBITDA amounted to -$235.53 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Bilibili Inc. (BILI) price momentum. RSI 9-day as of the close on 13 October was 54.38%, suggesting the stock is Neutral, with historical volatility in this time frame at 60.94%.

As of today, BILI’s price is $70.45 +11.00% or $7.07 from its 5-day moving average. BILI is currently trading -6.43% lower than its 20-day SMA and -30.35% lower than its 100-day SMA. However, the stock’s current price level is -15.07% below the SMA50 and -12.34% below the SMA200.

The stochastic %K and %D were 71.62% and 69.81%, respectively, and the average true range (ATR) was 3.69. With the 14-day stochastic at 85.39% and the average true range at 4.01, the RSI (14) stands at 49.35%. The stock has reached 2.76 on the 9-day MACD Oscillator while the 14-day reading was at 2.65.

Analyst Ratings

Goldman reiterated its a Buy rating on Bilibili Inc. (NASDAQ: BILI), but raised their price target to $122, indicating a potential price increase of 71.01% for the stock.The consensus rating for Bilibili Inc. (BILI) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BILI, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 4 analysts, while 33 others rate it as a “buy”.

What is BILI’s price target for the next 12 months?

Analysts predict a range of price targets between $477.33 and $1181.75, with a median target of $708.14. Taking a look at these predictions, the average price target given by analysts for Bilibili Inc. (BILI) stock is $719.56.

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