CLSA slashes price target on Bilibili Inc. [BILI] – find out why.

Bilibili Inc. [NASDAQ: BILI] closed the trading session at $87.46 on 07/26/21. The day’s price range saw the stock hit a low of $85.71, while the highest price level was $91.315. The company report on May 13, 2021 that Bilibili Inc. Announces First Quarter 2021 Financial Results.

Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, announced its unaudited financial results for the first quarter ended March 31, 2021.

First Quarter 2021 Highlights:.

The stocks have a year to date performance of 2.03 percent and weekly performance of -19.38 percent. The stock has been moved at -34.86 percent over the last six months. The stock has performed -28.07 percent around the most recent 30 days and changed -26.17 percent over the most recent 3-months.

If compared to the average trading volume of 4.22M shares, BILI reached to a volume of 12192431 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Bilibili Inc. [BILI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BILI shares is $147.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BILI stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

CLSA have made an estimate for Bilibili Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 26, 2021. While these analysts kept the previous recommendation, China Renaissance dropped their target price from $184 to $175. The new note on the price target was released on July 13, 2021, representing the official price target for Bilibili Inc. stock. Previously, the target price had yet another raise to $128, while CLSA analysts kept a Buy rating on BILI stock. On April 08, 2021, analysts decreased their price target for BILI shares from 150 to 140.

The Average True Range (ATR) for Bilibili Inc. is set at 6.82, with the Price to Sales ratio for BILI stock in the period of the last 12 months amounting to 18.27. The Price to Book ratio for the last quarter was 8.35, with the Price to Cash per share for the same quarter was set at 9.53.

BILI stock trade performance evaluation

Bilibili Inc. [BILI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.38. With this latest performance, BILI shares dropped by -28.07% in over the last four-week period, additionally sinking by -34.86% over the last 6 months – not to mention a rise of 118.10% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BILI stock in for the last two-week period is set at 31.24, with the RSI for the last a single of trading hit 24.86, and the three-weeks RSI is set at 35.85 for Bilibili Inc. [BILI]. The present Moving Average for the last 50 days of trading for this stock 109.34, while it was recorded at 103.77 for the last single week of trading, and 98.19 for the last 200 days.

Bilibili Inc. [BILI]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Bilibili Inc. [BILI] shares currently have an operating margin of -26.18 and a Gross Margin at +23.67. Bilibili Inc.’s Net Margin is presently recorded at -25.10.

Return on Total Capital for BILI is now -22.14, given the latest momentum, and Return on Invested Capital for the company is -22.11. Return on Equity for this stock declined to -40.05, with Return on Assets sitting at -14.83. When it comes to the capital structure of this company, Bilibili Inc. [BILI] has a Total Debt to Total Equity ratio set at 113.04. Additionally, BILI Total Debt to Total Capital is recorded at 53.06, with Total Debt to Total Assets ending up at 36.00. Long-Term Debt to Equity for the company is recorded at 109.75, with the Long-Term Debt to Total Capital now at 51.51.

Reflecting on the efficiency of the workforce at the company, Bilibili Inc. [BILI] managed to generate an average of -$391,422 per employee. Receivables Turnover for the company is 9.29 with a Total Asset Turnover recorded at a value of 0.59.Bilibili Inc.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 4.20.

Earnings per share (EPS) analysis for Bilibili Inc. [BILI] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BILI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bilibili Inc. go to 13.47%.

Bilibili Inc. [BILI]: Insider Ownership positions

There are presently around $13,368 million, or 50.00% of BILI stock, in the hands of institutional investors. The top three institutional holders of BILI stocks are: CAPITAL RESEARCH GLOBAL INVESTORS with ownership of 11,788,297, which is approximately 112.355% of the company’s market cap and around 18.59% of the total institutional ownership; FMR LLC, holding 10,190,791 shares of the stock with an approximate value of $891.29 million in BILI stocks shares; and ALIBABA GROUP HOLDING LTD, currently with $874.6 million in BILI stock with ownership of nearly 0% of the company’s market capitalization.

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Positions in Bilibili Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 188 institutional holders increased their position in Bilibili Inc. [NASDAQ:BILI] by around 39,747,616 shares. Additionally, 145 investors decreased positions by around 27,316,627 shares, while 22 investors held positions by with 85,785,888 shares. The mentioned changes placed institutional holdings at 152,850,131 shares, according to the latest SEC report filing. BILI stock had 83 new institutional investments in for a total of 9,163,327 shares, while 42 institutional investors sold positions of 5,682,447 shares during the same period.

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