Is Bilibili Inc ADR (BILI) Stock a Good Buy for Short-term Investors?

Bilibili Inc ADR [BILI] stock prices are up 7.67% to $11.93 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BILI shares have gain 3.47% over the last week, with a monthly amount glided 7.19%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 9, April 2024, Bilibili Inc. to Hold Annual General Meeting on June 28, 2024. In a post published today on Yahoo Finance, Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today published a circular (the “AGM Circular”) to provide shareholders with information on the proposals that will be put forward at the Company’s annual general meeting of the shareholders (the “AGM”) for shareholders’ approval and a notice of the AGM (the “AGM Notice”). The AGM will be held at Building 3, Guozheng Center, No. 485 Zhengli Road, Yangpu District, Shanghai, People’s Republic of China on June 28, 2024 at 4:30 p.m. (Hong Kong time), to consider and vote on the resolutions set forth in the AGM Notice. The AGM Circular, AGM Notice and form of proxy for the AGM are available on the Company’s investor relations website at http://ir.bilibili.com.

From an analyst’s perspective:

Bilibili Inc ADR [NASDAQ: BILI] stock has seen the most recent analyst activity on March 11, 2024, when JP Morgan upgraded its rating to a Neutral and also boosted its price target to $11 from $10. Previously, Citigroup downgraded its rating to Neutral on March 11, 2024, and dropped its price target to $12.50. On January 19, 2024, downgrade downgraded it’s rating to Neutral. UBS downgraded its rating to a Neutral and decreased its price target to $13.20 on December 04, 2023. Barclays downgraded its rating to a Underweight and reduced its price target to $10 on November 30, 2023. Nomura downgraded its rating to Neutral for this stock on November 29, 2023. In a note dated November 06, 2023, Mizuho initiated an Buy rating and provided a target price of $18 on this stock.

The stock price of Bilibili Inc ADR [BILI] has been fluctuating between $8.80 and $22.53 over the past year. Currently, Wall Street analysts expect the stock to reach $56.77 within the next 12 months. Bilibili Inc ADR [NASDAQ: BILI] shares were valued at $11.93 at the most recent close of the market. An investor can expect a potential return of 375.86% based on the average BILI price forecast.

Analyzing the BILI fundamentals

The Bilibili Inc ADR [NASDAQ:BILI] reported sales of 3.18B for trailing twelve months, representing a surge of 1.76%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.3 and Total Capital is -0.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.53.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.57 points at the first support level, and at 11.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.12, and for the 2nd resistance point, it is at 12.31.

Bilibili Inc ADR [BILI] reported earnings per share of -$0.19 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.22/share, meaning a difference of $0.03 and a surprise factor of 13.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.3 per share as compared to estimates of -$0.26 per share, a difference of -$0.04 representing a surprise of -15.40%.

Ratios To Look Out For

It’s worth pointing out that Bilibili Inc ADR [NASDAQ:BILI]’s Current Ratio is 1.03. Further, the Quick Ratio stands at 1.02, while the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 1.20, the price to book ratio is 1.93.

Related Posts