LON:BYIT Bytes Technology Group (BYIT) Share Price, News & Analysis → His win rate puts Warren Buffett to shame… (From Investing Daily) (Ad) Free BYIT Stock Alerts GBX 495.20 +1.00 (+0.20%) (As of 05:57 AM ET) Add Compare Share Share Today's Range 490.20▼ 50250-Day Range 477.20▼ 618.5052-Week Range 394.80▼ 665Volume84,084 shsAverage Volume713,206 shsMarket Capitalization£1.19 billionP/E Ratio2,751.11Dividend Yield1.62%Price TargetGBX 642.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Bytes Technology Group alerts: Email Address Bytes Technology Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside29.8% UpsideGBX 642.67 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.01 out of 5 stars 3.3 Analyst's Opinion Consensus RatingBytes Technology Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageBytes Technology Group has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for BYIT. Previous Next 0.8 Dividend Strength Dividend YieldBytes Technology Group pays a meaningful dividend of 1.53%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBytes Technology Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Bytes Technology Group is 4,444.44%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BYIT. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Bytes Technology Group this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Bytes Technology Group to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bytes Technology Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.23% of the stock of Bytes Technology Group is held by insiders.Percentage Held by Institutions70.32% of the stock of Bytes Technology Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Bytes Technology Group is 2,751.11, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 132.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Bytes Technology Group is 2,751.11, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 206.20.Price to Earnings Growth RatioBytes Technology Group has a PEG Ratio of 2.27. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBytes Technology Group has a P/B Ratio of 33.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…Click For My #1 FREE Crypto for 2024 About Bytes Technology Group Stock (LON:BYIT)Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services. It also offers IT consulting and support services, including IT deployment and training. The company sells its products and services under the Bytes Software Services and Phoenix brands. It serves small- and medium-sized businesses, enterprises, and public sector organizations. The company was founded in 1982 and is headquartered in Leatherhead, the United Kingdom.Read More BYIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BYIT Stock News HeadlinesApril 27, 2024 | wsj.comBytes Technology Group PLCApril 17, 2024 | msn.comBytes Technology Group Reports Shift in Voting Rights by Capital Group CompaniesApril 29, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.April 13, 2024 | msn.comBytes Technology Group Sees Significant Shareholding Increase by Coronation Fund ManagersApril 4, 2024 | msn.comBytes Technology Group Announces Total Voting RightsMarch 20, 2024 | msn.comBytes Technology Group Reports Double-Digit Growth in Full Year Trading UpdateMarch 19, 2024 | msn.comBytes ex-CEO secretly ‘dabbles’ in company sharesMarch 19, 2024 | finance.yahoo.comHere's Why We Think Bytes Technology Group (LON:BYIT) Might Deserve Your Attention TodayApril 29, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.March 18, 2024 | marketwatch.comBytes Technology Shares Dive on Ex-Boss's Stock TradesMarch 18, 2024 | uk.investing.comLondon's FTSE 100 inches up on oil boost; inflation data eyedMarch 18, 2024 | lse.co.ukLONDON MARKET OPEN: Marshalls downgrades outlook on earnings hitMarch 18, 2024 | lse.co.ukBytes to probe former CEO, as finds further undisclosed share salesMarch 18, 2024 | msn.com‘Saddened and shocked’: Bytes Technology launches probe into 100 secret dealings of former chiefMarch 15, 2024 | msn.comBytes Technology Group Acknowledges Late Notification of Insider TransactionsMarch 3, 2024 | msn.comBytes Technology Group Announces Total Voting Rights UpdateMarch 3, 2024 | msn.comBytes Technology Group Reports Increased Holdings by Public Investment CorporationMarch 1, 2024 | morningstar.comBytes Technology Group PLC Ordinary Shares BYITMarch 1, 2024 | msn.comBytes Technology Group plc Experiences Significant Shareholding ChangeFebruary 21, 2024 | reuters.comBytes Technology shares plunge as CEO resignsFebruary 13, 2024 | finance.yahoo.comEstimating The Intrinsic Value Of Bytes Technology Group plc (LON:BYIT)February 1, 2024 | finance.yahoo.comBytes Technology Group plc (BYIT.L)January 18, 2024 | msn.comGothic dev Piranha Bytes surrounded by closure rumors as part of Embracer cutsJanuary 16, 2024 | uk.investing.comLondon midday: Stocks stay down as rate cut hopes dashed; Ocado surgesJanuary 11, 2024 | finance.yahoo.comAre Robust Financials Driving The Recent Rally In Bytes Technology Group plc's (LON:BYIT) Stock?November 12, 2023 | finance.yahoo.comBytes Technology Group plc (LON:BYIT) Looks Interesting, And It's About To Pay A DividendNovember 3, 2023 | finance.yahoo.comBytes Technology Group (LON:BYIT) Has Announced That It Will Be Increasing Its Dividend To £0.027See More Headlines Receive BYIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bytes Technology Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeLON SectorComputer and Technology Industry Software - Infrastructure Sub-IndustryN/A Current SymbolLON:BYIT CUSIPN/A CIKN/A Webwww.bytes.co.uk Phone44 1372 418 500FaxN/AEmployees930Year FoundedN/APrice Target and Rating Average Stock Price TargetGBX 642.67 High Stock Price TargetGBX 650 Low Stock Price TargetGBX 638 Potential Upside/Downside+29.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.18 Trailing P/E Ratio2,751.11 Forward P/E Ratio46.32 P/E Growth2.27Net Income£44.10 million Net Margins22.10% Pretax MarginN/A Return on Equity83.16% Return on Assets11.86% Debt Debt-to-Equity Ratio3.50 Current Ratio1.02 Quick Ratio0.98 Sales & Book Value Annual Sales£199.59 million Price / Sales5.96 Cash FlowGBX 18.57 per share Price / Cash Flow26.67 Book ValueGBX 15 per share Price / Book33.01Miscellaneous Outstanding Shares240,360,000Free FloatN/AMarket Cap£1.19 billion OptionableNot Optionable Beta0.69 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Andrew John Holden (Age 57)CFO, COO & Executive Director Comp: $630.32kMs. Sam Mudd (Age 55)Phoenix MD, Interim CEO & Executive Director Paul EmmsDirector of Group FinanceMr. Jack Watson (Age 40)Managing Director of Bytes Software Services Ms. Lisa PrickettGroup Sustainability ManagerMr. Willem Karel Groenewald (Age 57)Company Secretary More ExecutivesKey CompetitorsSpirent CommunicationsLON:SPTBokuLON:BOKUW.A.G payment solutionsLON:WPSPayPointLON:PAYNetwork InternationalLON:NETWView All CompetitorsInsidersSam MuddBought 4,590 shares on 12/21/2023Total: £2.75 M ($599.00/share)Neil MurphyBought 54,000 shares on 11/27/2023Total: £29.97 M ($555.00/share)Mike PhillipsSold 54,074 sharesTotal: £29.36 M ($543.00/share)Neil MurphySold 950,000 sharesTotal: £47.50 M ($50.00/share)View All Insider Transactions BYIT Stock Analysis - Frequently Asked Questions Should I buy or sell Bytes Technology Group stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bytes Technology Group in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BYIT shares. View BYIT analyst ratings or view top-rated stocks. What is Bytes Technology Group's stock price target for 2024? 3 brokers have issued 12 month price objectives for Bytes Technology Group's shares. Their BYIT share price targets range from GBX 638 to GBX 650. On average, they anticipate the company's share price to reach GBX 642.67 in the next twelve months. This suggests a possible upside of 29.8% from the stock's current price. View analysts price targets for BYIT or view top-rated stocks among Wall Street analysts. How have BYIT shares performed in 2024? Bytes Technology Group's stock was trading at GBX 612 at the beginning of 2024. Since then, BYIT shares have decreased by 19.1% and is now trading at GBX 495.20. View the best growth stocks for 2024 here. How often does Bytes Technology Group pay dividends? What is the dividend yield for Bytes Technology Group? Bytes Technology Group declared a dividend on Wednesday, October 25th. Investors of record on Thursday, November 16th will be given a dividend of GBX 2.70 per share on Friday, December 1st. This represents a dividend yield of 0.59%. The ex-dividend date is Thursday, November 16th. The official announcement can be seen at this link. Read our dividend analysis for BYIT. Is Bytes Technology Group a good dividend stock? Bytes Technology Group (LON:BYIT) pays an annual dividend of GBX 8 per share and currently has a dividend yield of 1.53%. The dividend payout ratio is 4,444.44%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for BYIT. How do I buy shares of Bytes Technology Group? Shares of BYIT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.Compare Top Brokerages Here. This page (LON:BYIT) was last updated on 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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