LON:BYIT Bytes Technology Group (BYIT) Share Price, News & Analysis GBX 457.80 +6.60 (+1.46%) (As of 09/13/2024 ET) Add Compare Share Share Today's Range 449.42▼ 458.8050-Day Range 445▼ 537.5052-Week Range 440.80▼ 665Volume1.03 million shsAverage Volume849,504 shsMarket Capitalization£1.10 billionP/E Ratio2,409.47Dividend Yield1.97%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/Downside40.7% UpsideGBX 644 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares£6.81 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.1.38 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 1.89%, 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 0.6 News and Social Media Coverage News SentimentBytes Technology Group has a news sentiment score of -0.92. 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 0.59 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Bytes Technology Group this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Bytes Technology Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 165.73% more of their company's stock than they have sold. Specifically, they have bought £68,129.02 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 Institutions76.54% 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 2,409.47, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 119.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Bytes Technology Group is 2,409.47, 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 274.92.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 30.52. 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 Porter & CompanyWar on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. 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 HeadlinesSeptember 5, 2024 | finance.yahoo.comCalculating The Fair Value Of Bytes Technology Group plc (LON:BYIT)August 28, 2024 | msn.comByte Federal to Present at 150th National Investment Banking Association Conference, September 4-5September 14, 2024 | Behind the Markets (Ad)The $15 "Insider Secret" That Could Save Your RetirementWhat if I told you there's a $15 stock that a billionaire insider just poured $47 MILLION into? That's right. You can grab shares of this potential retirement-maker for less than you'd pay for lunch.July 31, 2024 | finance.yahoo.comBytes Technology Group plc (9NY.F)May 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 ExpectationsMay 24, 2024 | lse.co.ukBytes Tech Share ChatMay 23, 2024 | msn.comBytes Technology raises dividend as it looks to turn page on scandalSeptember 14, 2024 | Behind the Markets (Ad)The $15 "Insider Secret" That Could Save Your RetirementWhat if I told you there's a $15 stock that a billionaire insider just poured $47 MILLION into? That's right. You can grab shares of this potential retirement-maker for less than you'd pay for lunch.May 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 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 TodaySee 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 Dividend7/18/2024Dividend Payable8/02/2024Today9/14/2024Get 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+40.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.19 Trailing P/E Ratio2,409.47 Forward P/E Ratio39.95 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 / Sales5.33 Cash FlowGBX 17.16 per share Price / Cash Flow26.67 Book ValueGBX 15 per share Price / Book30.52Miscellaneous Outstanding Shares240,840,000Free FloatN/AMarket Cap£1.10 billion OptionableNot Optionable Beta0.65 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.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:SPTW.A.G payment solutionsLON:WPSBokuLON:BOKUView All CompetitorsInsidersSam MuddBought 5,000 shares on 8/1/2024Total: £2.53 M ($506.00/share)Andrew 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)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 start of the year. Since then, BYIT stock has decreased by 25.2% and is now trading at GBX 457.80. 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 9/14/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredThe death of Nvidia?Today, I’m warning of another looming catastrophe. 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