Bilibili Inc. (NASDAQ:BILI) traded at $45.67 at last check on Monday, June 29, making an upward move of 3.44% on its previous day’s price.
Looking at the stock we see that its previous close was $44.52 and the beta (5Y monthly) reads 1.14 with the day’s price range being $43.59 – 46.15. In terms of its 52-week price range, BILI has a high of $46.15 and a low of $13.23. The company’s stock has gained about 44.83% over that past 30 days.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $2.53 Billion, with a low of $2.4 Billion and a high of $2.6 Billion. The median projection represents growth adding up to 64.9% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $10.95 Billion, or +1041.5% up from figures reported last year.
On the other hand, looking at the outlook for the BILI stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 24 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the Bilibili Inc. (BILI) stock as a Hold, while 23 rate it as a Buy. 1 analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the BILI stock currently stands at 0, and the current price level is 19.58% off its SMA20 and 38.23% from its 50-day simple moving average. The RSI (14) is pointing at 74.39 while the volatility over the past week is 5.13% and jumps to 5.25% over the past one month. The beta value is 0, while the average true range (ATR) is currently pointing at 2.31. The average price target for the stock over the next 12 months is $39.26, with the estimates having a low of $31.78 and a high of $46. These price ends are -30.41% and +0.72% off the current price level respectively, although investors could be excited at the prospect of a -14.6% if the BILI share price touches on the median price of $39.
Let’s briefly compare Bilibili (BILI) stock to its peers. We find that today’s price change of +3.44% and +176.52% over the past 12 months for BILI betters that of Alphabet Cl A (GOOGL), which has seen its stock price rise 1.04% in the latest trading session and is +26.56% over the last one year. Another of its peers Alphabet Cl C (GOOG) has climbed 1.01% today, and is +26.38% up over the past year, while Facebook Inc (FB) is also up 3.44% yet its price remains in the green at 176.52% over the same period. Alphabet has a P/E ratio of 27.84 compared to Bilibili’s 0 and Alphabet’s 27.43. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 1.81% and 1.11%, respectively, in early deals.
Coming back to Bilibili Inc. (NASDAQ:BILI), we note that the average 3-month trading volume was 5.82 Million, while that of the preceding 10-day period stands at 6.64 Million. Current shares outstanding are 345.43 Million.
According to data from Thomson Reuters, insiders hold 22.4% of the company’s shares while institutions hold 37.72%. The data shows that short shares as of June 14, 2020, stood at 21.36 Million at a short ratio of 3.06. This represents a 6.18% Short interest in Shares outstanding on June 14, 2020. Shares short rose in June from the previous month at 16.59 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +139.1% up in year-to-date price movement.