The stock of Bilibili Inc. (NASDAQ:BILI) increased by $0.36 on Monday to finish at $16.39, up 2.25 percent. The last five days have seen an average of 6,316,800 shares of common stock traded. 3 times new highs were reached in the current year, with a fall of -$7.30. The average number of shares traded over the last 20 days was 8,103,565, while the average volume over the last 50 days totaled 6,745,304.
BILI stock dropped -2.09% since last month. On 07/18/23, the company’s shares reached a one-month low of $15.17. The stock touched a high of $29.46 on 01/05/23, after rallying from a low of $8.23 in 52 weeks. The price of BILI stock has declined by -30.81% or -$7.30 this year, reaching a new high 3 times. Still, the stock price is down -44.37% from the 52-week high.
Valuation Metrics
Beta for the stock is 1.11. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.34, the price-to-book (PB) ratio of 2.76.
Financial Health
For the three months ended March 30, Bilibili Inc.’s quick ratio was 1.40, while its current ratio was 1.40, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending March 30 is 0.34, and the total debt to equity ratio is 0.73. As far as profitability goes, gross margin for the trailing twelve months is 18.90% percent. Bilibili Inc.’s EBITDA margin for the year ended March 30 was -21.88%, whereas its operating margin stood at -27.80% for the same period. Based on annual data, it had gross profit of $558.1 million and revenue of $3.18 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. BILI’s return on assets (ROA) during the last 12 months has been -13.10%. There was a -23.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -34.70%.
Earnings Surprise
According to Bilibili Inc.’s quarterly financial report for the quarter that ended March 30, it had $1.26 billion in total debt versus $670.34 million in cash and short-term investments. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.18 billion, while revenues rose by 4.2% to $0.0. It was predicted that Bilibili Inc.’s quarterly earnings would be -$0.35, but it ended up being -$0.41, beating the consensus by 14.60%. EBITDA was -$200.98 million for the quarter. At the end of Bilibili Inc.’s most recent quarter ended March 30, its liabilities totaled 3.42 billion, while its total debt was $12.81 billion.
Technical Picture
Here’s a quick look at Bilibili Inc.’s (BILI) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 43.98%, suggesting the stock is Neutral, with a 63.56% historical volatility rate.
The stochastic %K and %D were 20.59% and 32.25% respectively, while the average true range (ATR) was 1.08. Based on the 14-day stochastic reading of 17.76%, the RSI (14) reading is 46.98%. On the 9-day MACD Oscillator, the stock is at -0.76, and the 14-day reading is at -0.98.
Analyst Ratings
Bilibili Inc. (NASDAQ: BILI) was downgraded by JP Morgan to a an Underweight rating in its latest research report. The stock was previously rated as a an Overweight. Analysts have assigned Bilibili Inc. (BILI) an Overweight rating. BILI is a stock that is recommended for selling by 3 brokerage firms, while 8 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 3 rates it overweight and 30 others recommend it as a buy.
What is BILI’s price target for the next 12 months?
The current consensus forecast for the stock is between $89.14 and $249.12, with a median target price of $163.77. In analyzing these forecasts, the average price target given by analysts for Bilibili Inc. (BILI) is $157.70.
