The vast majority (30 of 35) brokers rate the stock a Buy or Strong Buy, with the rest having a Hold rating. At a share price of around $32.70, the upside potential based on a median price target of $89.48 is 174%. At the high target of $131.31, the implied upside is a whopping 300%.

The consensus estimates call for fourth-quarter revenue of $911.79 million, up nearly 13% sequentially and 55% higher year over year. Analysts forecast an adjusted loss per share of $0.67, slightly worse than the prior quarter’s loss per share of $0.65 and considerably worse than the year-ago loss of $0.29 per share. For full fiscal 2021, analysts are expecting Bilibili to post a per-share loss of $2.24, compared to a loss last year of $1.14, on sales of $3.07 billion, up nearly 67%.

Bilibili is not expected to post a profit in 2021, 2022 or 2023. The stock trades at a 2021 sales to enterprise value multiple of 3.3 times. The estimated multiple for 2022 is 2.3 and for 2023 it is 1.8. The stock’s 52-week range is $28.01 to $145.91. Total shareholder return for the past year is negative 77.8%.

Canadian Natural Resources

Calgary-based oil and gas producer Canadian Natural Resources Ltd. (NYSE: CNQ) has seen its share price rise by about 115% over the past 12 months. That’s not a big surprise given the rising prices for both oil and gas. In late January, the stock’s total return to shareholders was around 80% for the prior 12 months. That return is 30% higher currently. About the only suspense for investors is whether the company decides to raise its dividend or buy back more stock.

Of 23 analysts covering the company, seven rate the shares at Hold and the remaining 16 have a Buy or Strong Buy rating. At a share price of around $55.95, the stock has outrun its median price target of $54.17. Shares also trade above the high price target of $54.78.

Fourth-quarter revenue is forecast at $6.75 billion, up almost 11% sequentially and 34.5% year over year. Adjusted EPS are forecast at $1.64, or 33.3% higher sequentially and up from just $0.12  year over year. For full fiscal 2021, analysts are looking for EPS of $4.76, up from a year-ago loss of $0.50 per share, on sales of $23.56 billion, up 77.5%.

The stock trades at 11.7 times expected 2021 EPS, 9.7 times estimated 2022 earnings of $5.75 and 10.3 times estimated 2023 earnings of $5.42 per share. The stock’s 52-week range is $27.71 to $56.88, and the high was posted earlier in the morning. Canadian Natural Resources pays an annual dividend of $1.45 (yield of 2.87%). Total shareholder return for the past year is about 104%.

Kroger

Grocery store operator Kroger Co. (NYSE: KR) has added about 51% to its share price over the past 12 months. The company’s efforts to improve its digital channel are paying off, according to Telsey Advisory analyst Joseph Feldman, who raised his rating on the stock to Outperform and his price target to $54 Tuesday morning. Kroger expects fiscal 2023 (which began on February 1) to include $20 billion in revenue, an amount equal to about 15% of expected total revenue for the 2022 fiscal year.

Of 27 analysts covering the stock, 15 have a Hold rating on the shares. The other 12 are evenly divided by Buy/Strong Buy and Sell/Strong Sell ratings. At a share price of around $47.70, the stock has outrun its median price target of $46.00. At the high price target of $56.00, the upside potential is 17.4%.

Fourth-quarter revenue is forecast at $32.62 billion, up about 2.4% sequentially and 8.0% year over year. Adjusted EPS are tabbed at $0.74, down 5.6% sequentially and 8.6% year over year. For the full 2022 fiscal year that ended in January, Kroger is expected to post EPS of $3.52, up 1.4%, on sales of $137.27 billion, up 3.6%.

The stock trades at 13.5 times expected 2022 EPS, 13.8 times estimated 2023 earnings of $3.44 and 13.5 times estimated 2024 earnings of $3.54 per share. The stock’s 52-week range is $32.00 to $50.15. Kroger pays an annual dividend of $0.74 (yield of 1.76%). Total shareholder return for the past year is 47.6%.

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