Bilibili Inc. (NASDAQ:BILI) has a beta value of 0 and has seen 3,448,639 shares traded in the last trading session. The company, currently valued at $15.14 Billion, closed the last trade at $43.82 per share which meant it gained $0.06 on the day or 0.14% during that session. The BILI stock price is -23.23% off its 52-week high price of $54 and 67.48% above the 52-week low of $14.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.13 Million shares traded. The 3-month trading volume is 4.63 Million shares.
The consensus among analysts is that Bilibili Inc. (BILI) is a Buy stock at the moment, with a recommendation rating of 1.8. None of the analysts rate the stock as a Sell, while 2 rate it as Overweight. 2 out of 24 have rated it as a Hold, with 20 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.36.
Bilibili Inc. (NASDAQ:BILI) trade information
Sporting 0.14% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Oct 12 when the BILI stock price touched $49.57- or saw a rise of 11.6%. Year-to-date, Bilibili Inc. shares have moved 135.34%, while the 5-day performance has seen it change -9.5%. Over the past 30 days, the shares of Bilibili Inc. (NASDAQ:BILI) have changed -0.75%. Short interest in the company has seen 20.78 Million shares shorted with days to cover at 4.49.
Wall Street analysts have a consensus price target for the stock at $56.15, which means that the shares’ value could jump 28.14% from current levels. The projected low price target is $48 while the price target rests at a high of $78.57. In that case, then, we find that the current price level is +79.3% off the targeted high while a plunge would see the stock lose 9.54% from current levels.
Bilibili Inc. (BILI) estimates and forecasts
Figures show that Bilibili Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +47.64% over the past 6 months, with this year growth rate of 138.3%, compared to 11.3% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -140% and -128.6% for the next quarter. Revenue growth from the last financial year stood is estimated to be +73.4%.
11 analysts offering their estimates for the company have set an average revenue estimate of $458.48 Million for the current quarter. 8 have an estimated revenue figure of $489.81 Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $265.63 Million and $286.89 Million respectively for this quarter and the next, and analysts expect sales will grow by 72.6% for the current quarter and 70.7% for the next.
Earnings growth for 2020 is a modest -50.8%.
Bilibili Inc. (NASDAQ:BILI)’s Major holders
Insiders own 22.4% of the company shares, while shares held by institutions stand at 37.72% with a share float percentage of 48.61%. Investors are also buoyed by the number of investors in a company, with Bilibili Inc. having a total of 211 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 11.21 Million shares worth more than $519.16 Million. As of June 29, 2020, FMR, LLC held 26.69% of shares outstanding.
The other major institutional holder is Alibaba Group Holding Ltd, with the holding of over 10Million shares as of June 29, 2020. The firm’s total holdings are worth over $463.2 Million and represent 23.81% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Series Emerging Markets Opportunities Fund and Wells Fargo Emerging Markets Equity Fd. As of July 30, 2020, the former fund manager holds about 13.84% shares in the company for having 5812558 shares of worth $253.31 Million while later fund manager owns 2.6 Million shares of worth $113.11 Million as of July 30, 2020, which makes it owner of about 6.18% of company’s outstanding stock.