LON:BYIT Bytes Technology Group (BYIT) Share Price, News & Analysis GBX 489.80 +7.60 (+1.58%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range 480.20▼ 492.8050-Day Range 482.20▼ 603.5052-Week Range 452.60▼ 665Volume247,932 shsAverage Volume703,939 shsMarket Capitalization£1.18 billionP/E Ratio2,577.89Dividend Yield1.84%Price TargetGBX 644 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Bytes Technology Group alerts: Email Address Bytes Technology Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside31.5% UpsideGBX 644 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.22Based on 3 Articles This WeekInsider TradingAcquiring Shares£9.28 M Bought Last QuarterProj. 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.2.17 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 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageBytes Technology Group has received no research coverage in the past 90 days.Read more about Bytes Technology Group's stock forecast and price target. 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 1.48%, 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 4,736.84%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Bytes Technology Group's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BYIT. Previous Next 2.3 News and Social Media Coverage News SentimentBytes Technology Group has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Bytes Technology Group this week, compared to 0 articles on an average week.MarketBeat Follows2 people have added Bytes Technology Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bytes Technology Group insiders have bought 261.80% more of their company's stock than they have sold. Specifically, they have bought £92,758.02 in company stock and sold £25,638.24 in company stock.Percentage Held by InsidersOnly 9.52% of the stock of Bytes Technology Group is held by insiders.Percentage Held by Institutions66.61% 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.Read more about Bytes Technology Group's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Bytes Technology Group is 2,577.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 143.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Bytes Technology Group is 2,577.89, 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 271.95.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 32.65. 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 Behind the MarketsJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."Click here to see why Wall Street is in PANIC mode >>> 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 HeadlinesJuly 19, 2024 | insidertrades.comInsider Selling: Bytes Technology Group plc (LON:BYIT) Insider Sells 5,169 Shares of StockJune 27, 2024 | insidertrades.comAnna Vikstrom Persson Acquires 1,109 Shares of Bytes Technology Group plc (LON:BYIT) StockJuly 27, 2024 | Porter & Company (Ad)I’m giving you the name of this investment for freeThis key unlocks a new pathway to wealth that has been kept hidden from you for decades. In my new documentary I will provide you with all the details of this one-of-a-kind investment.July 23, 2024 | americanbankingnews.comBytes Technology Group (LON:BYIT) Sets New 52-Week Low at $4.95July 20, 2024 | americanbankingnews.comAndrew Holden Sells 5,169 Shares of Bytes Technology Group plc (LON:BYIT) StockJuly 16, 2024 | americanbankingnews.comBytes Technology Group plc (LON:BYIT) Raises Dividend to GBX 14.70 Per ShareMay 25, 2024 | msn.comBytes Technology Group plc Announces Positive Financial Results and Dividend IncreasesMay 25, 2024 | finance.yahoo.comBytes Technology Group Full Year 2024 Earnings: EPS Beats ExpectationsJuly 27, 2024 | Porter & Company (Ad)I’m giving you the name of this investment for freeThis key unlocks a new pathway to wealth that has been kept hidden from you for decades. In my new documentary I will provide you with all the details of this one-of-a-kind investment.May 24, 2024 | lse.co.ukBytes Tech Share ChatMay 23, 2024 | msn.comBytes Technology raises dividend as it looks to turn page on scandalMay 18, 2024 | msn.comBytes Technology Group Reports Major Shareholding Change by Coronation Fund ManagersMay 18, 2024 | msn.comBytes Technology Group Completes Investigation Into Former CEO's Share DealingsApril 27, 2024 | wsj.comBytes Technology Group PLCApril 17, 2024 | msn.comBytes Technology Group Reports Shift in Voting Rights by Capital Group CompaniesApril 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 UpdateSee 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 Company Calendar Ex-Dividend for 8/2 Dividend7/18/2024Today7/27/2024Dividend Payable8/02/2024Get Stock AlertsIndustry, 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 644 High Stock Price TargetGBX 650 Low Stock Price TargetGBX 638 Potential Upside/Downside+31.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.19 Trailing P/E Ratio2,577.89 Forward P/E Ratio44.35 P/E Growth2.27Net Income£46.85 million Net Margins22.63% Pretax MarginN/A Return on Equity67.01% Return on Assets10.12% Debt Debt-to-Equity Ratio3.50 Current Ratio1.08 Quick Ratio0.98 Sales & Book Value Annual Sales£207.02 million Price / Sales5.69 Cash FlowGBX 18.36 per share Price / Cash Flow26.67 Book ValueGBX 15 per share Price / Book32.65Miscellaneous Outstanding Shares240,360,000Free FloatN/AMarket Cap£1.18 billion OptionableNot Optionable Beta0.67 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.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 CompetitorsDarktraceLON:DARKNetwork InternationalLON:NETWSpirent CommunicationsLON:SPTBokuLON:BOKUPayPointLON:PAYView All CompetitorsInsidersAndrew HoldenSold 5,169 sharesTotal: £2.56 M ($496.00/share)Anna Vikstrom PerssonBought 1,109 shares on 6/25/2024Total: £605,514.00 ($546.00/share)Ross PatersonBought 6,429 shares on 6/20/2024Total: £3.68 M ($572.00/share)Sam MuddBought 8,900 shares on 6/3/2024Total: £4.99 M ($561.00/share)Sam MuddBought 4,590 shares on 12/21/2023Total: £2.75 M ($599.00/share)View All Insider Transactions BYIT Stock Analysis - Frequently Asked Questions How have BYIT shares performed this year? Bytes Technology Group's stock was trading at GBX 612 at the beginning of 2024. Since then, BYIT shares have decreased by 20.0% and is now trading at GBX 489.80. View the best growth stocks for 2024 here. 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 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Ru...Colonial Metals | SponsoredFormer Hedge Fund Manager Issues Crash PredictionOur No. 1 stock for the rare "millionaire window" opening NOW According to Wall Street legend Whitney Tilso...Stansberry Research | SponsoredBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range...Crypto 101 Media | SponsoredBreaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Bytes Technology Group plc Please log in to your account or sign up in order to add this asset to your watchlist. Share Bytes Technology Group With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Free BYIT Stock Alerts