NYSE:BITA - Bitauto Stock Price, News, & Analysis

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$20.86 +0.37 (+1.81 %)
(As of 08/22/2018 03:39 AM ET)
Previous Close$20.49
Today's Range$20.72 - $21.37
52-Week Range$18.47 - $54.42
Volume748,200 shs
Average Volume1.21 million shs
Market Capitalization$1.44 billion
P/E Ratio-6.10
Dividend YieldN/A
Beta3.11
Bitauto logoBitauto Holdings Limited, through its subsidiaries, provides Internet content and marketing services, and transaction services for the automobile industry in the People's Republic of China. It operates in three segments: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business. The Advertising and Subscription Business segment offers advertising services, including automobile pricing and promotional information, specifications, reviews, and consumer feedback to automakers through its bitauto.com Website and related mobile applications. It also provides transaction-focused online advertisement and promotional services for automakers, automobile dealers, auto finance partners, and insurance companies; and Web-based and mobile-based integrated digital marketing solutions to automobile dealers. The Transaction Services Business segment operates an online automobile retail transaction platform, which provides transaction platform and self-operated financing services. The Digital Marketing Solutions Business segment offers one-stop digital marketing solutions, including Website creation and maintenance, online public relation, online marketing campaign, advertising agency, big data application, and digital image creation services for automakers. The company also distributes its dealer customers' automobile pricing and promotional information through its Internet service provider partners. Bitauto Holdings Limited was founded in 2000 and is headquartered in Beijing, the People's Republic of China.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:BITA
CUSIPN/A
Phone86-10-6849-2345

Debt

Debt-to-Equity RatioN/A
Current Ratio1.18
Quick Ratio1.18

Price-To-Earnings

Trailing P/E Ratio-6.10
Forward P/E Ratio-21.96
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.30 billion
Price / Sales1.16
Cash FlowN/A
Price / CashN/A
Book Value$41.13 per share
Price / Book0.51

Profitability

EPS (Most Recent Fiscal Year)($3.42)
Net Income$-260,340,000.00
Net Margins-16.63%
Return on Equity-8.19%
Return on Assets-2.81%

Miscellaneous

Employees7,620
Outstanding Shares71,730,000
Market Cap$1.44 billion

Bitauto (NYSE:BITA) Frequently Asked Questions

What is Bitauto's stock symbol?

Bitauto trades on the New York Stock Exchange (NYSE) under the ticker symbol "BITA."

How will Bitauto's stock buyback program work?

Bitauto declared that its Board of Directors has approved a stock buyback plan on Tuesday, March 20th 2018, which allows the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its stock is undervalued.

How were Bitauto's earnings last quarter?

Bitauto Hldg Ltd (NYSE:BITA) announced its quarterly earnings data on Wednesday, June, 13th. The information services provider reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.18. The information services provider had revenue of $346.10 million for the quarter, compared to analysts' expectations of $309.85 million. Bitauto had a negative net margin of 16.63% and a negative return on equity of 8.19%. The company's quarterly revenue was up 54.2% on a year-over-year basis. During the same period last year, the firm earned $0.18 EPS. View Bitauto's Earnings History.

When is Bitauto's next earnings date?

Bitauto is scheduled to release their next quarterly earnings announcement on Wednesday, August, 22nd 2018. View Earnings Estimates for Bitauto.

What price target have analysts set for BITA?

5 brokerages have issued 12-month target prices for Bitauto's stock. Their predictions range from $25.00 to $46.00. On average, they anticipate Bitauto's share price to reach $35.50 in the next twelve months. This suggests a possible upside of 70.2% from the stock's current price. View Analyst Price Targets for Bitauto.

What is the consensus analysts' recommendation for Bitauto?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bitauto in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bitauto.

Who are some of Bitauto's key competitors?

Who are Bitauto's key executives?

Bitauto's management team includes the folowing people:
  • Mr. Li Bin, Founder & Chairman (Age 44)
  • Mr. Xuan Zhang, CEO & Director (Age 42)
  • Mr. Ming Xu, Chief Financial Officer
  • Mr. Liu Xiaoke, Chief Operating Officer (Age 37)
  • Mr. Zhu Lei, Chief Technology Officer (Age 32)

Has Bitauto been receiving favorable news coverage?

Press coverage about BITA stock has been trending somewhat positive on Wednesday, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bitauto earned a daily sentiment score of 0.16 on Accern's scale. They also gave media headlines about the information services provider an impact score of 45.18 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Bitauto.

Who are Bitauto's major shareholders?

Bitauto's stock is owned by many different of retail and institutional investors. Top institutional investors include CITIC CAPITAL HOLDINGS LTD (6.52%), Platinum Investment Management Ltd. (6.10%), Jupiter Asset Management Ltd. (1.40%), Contrarius Investment Management Ltd (0.69%), Dimensional Fund Advisors LP (0.67%) and Macquarie Group Ltd. (0.65%).

Which major investors are selling Bitauto stock?

BITA stock was sold by a variety of institutional investors in the last quarter, including Perpetual Ltd, Krane Funds Advisors LLC, SG Americas Securities LLC, Cubist Systematic Strategies LLC, Dimensional Fund Advisors LP, Point72 Asset Management L.P., Tower Research Capital LLC TRC and BNP Paribas Arbitrage SA.

Which major investors are buying Bitauto stock?

BITA stock was bought by a variety of institutional investors in the last quarter, including Platinum Investment Management Ltd., Contrarius Investment Management Ltd, Jupiter Asset Management Ltd., Bank of America Corp DE, River & Mercantile Asset Management LLP, Raymond James Financial Services Advisors Inc., Baillie Gifford & Co. and BlackRock Inc..

How do I buy shares of Bitauto?

Shares of BITA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Bitauto's stock price today?

One share of BITA stock can currently be purchased for approximately $20.86.

How big of a company is Bitauto?

Bitauto has a market capitalization of $1.44 billion and generates $1.30 billion in revenue each year. The information services provider earns $-260,340,000.00 in net income (profit) each year or ($3.42) on an earnings per share basis. Bitauto employs 7,620 workers across the globe.

How can I contact Bitauto?

Bitauto's mailing address is NO 6 SOUTH CAPITAL STADIUM ROAD, BEIJING F4, 100044. The information services provider can be reached via phone at 86-10-6849-2345 or via email at [email protected]


MarketBeat Community Rating for Bitauto (NYSE BITA)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  246 (Vote Outperform)
Underperform Votes:  211 (Vote Underperform)
Total Votes:  457
MarketBeat's community ratings are surveys of what our community members think about Bitauto and other stocks. Vote "Outperform" if you believe BITA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BITA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/22/2018 by MarketBeat.com Staff

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