LON:BYIT Bytes Technology Group (BYIT) Share Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free BYIT Stock Alerts GBX 603.50 +14.50 (+2.46%) (As of 05/24/2024 ET) Add Compare Share Share Today's Range 562▼ 603.5050-Day Range 477.20▼ 603.5052-Week Range 451▼ 665Volume839,558 shsAverage Volume678,149 shsMarket Capitalization£1.45 billionP/E Ratio3,176.32Dividend Yield1.49%Price TargetGBX 644 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Bytes Technology Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside6.7% UpsideGBX 644 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.73Based on 8 Articles This WeekInsider 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.0.16 out of 5 stars 1.3 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 2.1 News and Social Media Coverage News SentimentBytes Technology Group has a news sentiment score of 0.73. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Bytes Technology Group this week, compared to 0 articles on an average week. 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 9.52% 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 3,176.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 135.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Bytes Technology Group is 3,176.32, 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 247.11.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 40.23. 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 Crypto 101 Media[FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks Did you see bitcoin crossed $70k again? Don't miss the next bull run. Because while Bitcoin and Ethereum steal all the headlines… It’s often the cryptos flying under the radar that turn small stakes into life-changing windfalls. Claim your free seat by clicking here now. 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 HeadlinesMay 25 at 10:25 AM | msn.comBytes Technology Group plc Announces Positive Financial Results and Dividend IncreasesMay 25 at 10:25 AM | finance.yahoo.comBytes Technology Group Full Year 2024 Earnings: EPS Beats ExpectationsMay 24 at 3:58 AM | lse.co.ukBytes Tech Share ChatMay 23 at 12:56 PM | msn.comBytes Technology raises dividend as it looks to turn page on scandalMay 23 at 1:57 AM | americanbankingnews.comBytes Technology Group (LON:BYIT) Shares Up 3.2%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 TodayMarch 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 resignsSee More Headlines 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 644 High Stock Price TargetGBX 650 Low Stock Price TargetGBX 638 Potential Upside/Downside+6.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.19 Trailing P/E Ratio3,176.32 Forward P/E Ratio54.64 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 / Sales7.01 Cash FlowGBX 22.63 per share Price / Cash Flow26.67 Book ValueGBX 15 per share Price / Book40.23Miscellaneous Outstanding Shares240,360,000Free FloatN/AMarket Cap£1.45 billion OptionableNot Optionable Beta0.67 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:SPTNetwork InternationalLON:NETWBokuLON:BOKUW.A.G payment solutionsLON:WPSPayPointLON:PAYView 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? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bytes Technology Group in the last twelve months. There are currently 1 hold rating and 1 buy rating 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? 2 analysts have issued 1-year price targets for Bytes Technology Group's shares. Their BYIT share price targets range from GBX 638 to GBX 650. On average, they predict the company's stock price to reach GBX 644 in the next twelve months. This suggests a possible upside of 6.7% 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 start of the year. Since then, BYIT shares have decreased by 1.4% and is now trading at GBX 603.50. 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 announced a dividend on Thursday, May 23rd. Investors of record on Thursday, July 18th will be given a dividend of GBX 14.70 per share on Friday, August 2nd. This represents a dividend yield of 2.58%. The ex-dividend date is Thursday, July 18th. This is a positive change from the stock's previous dividend of GBX 2.70. The official announcement can be viewed 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 9 per share and currently has a dividend yield of 1.48%. The dividend payout ratio is 4,736.84%. 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 5/25/2024 by MarketBeat.com Staff From Our PartnersThis could mean the end of the U.S dollar…Colonial MetalsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsBiden FINISHED On June 13th?Paradigm PressJust $9 for a Year of Winning Market InsightsBehind the MarketsElon’s New Device is About to Shock the WorldInvestorPlaceUrgent Nvidia WarningAltimetryShocking $16T Elon Musk Crypto LeakCrypto 101 MediaNew Options need New Trading StrategiesNetpicks Adding Choose a watchlist: Watchlist My Default Watchlist Adding Bytes Technology Group plc You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Please log in to your account or sign up in order to add this asset to your watchlist. 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