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

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$19.92 -0.63 (-3.07 %)
(As of 12/14/2018 01:49 PM ET)
Previous Close$20.55
Today's Range$19.74 - $20.66
52-Week Range$15.61 - $39.54
Volume33,073 shs
Average Volume1.24 million shs
Market Capitalization$1.48 billion
P/E Ratio-5.84
Dividend YieldN/A
Beta2.74
Bitauto 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
Current SymbolNYSE:BITA
Previous Symbol
CUSIPN/A
Phone86-10-6849-2345

Debt

Debt-to-Equity Ratio0.51
Current Ratio1.15
Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio-5.84
Forward P/E Ratio24.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.30 billion
Price / Sales1.12
Cash FlowN/A
Price / Cash FlowN/A
Book Value$41.13 per share
Price / Book0.48

Profitability

EPS (Most Recent Fiscal Year)($3.42)
Net Income$-260,340,000.00
Net Margins-8.89%
Return on Equity-4.56%
Return on Assets-1.63%

Miscellaneous

Employees8,558
Outstanding Shares72,740,000
Market Cap$1.48 billion
OptionableOptionable

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 announced that its Board of Directors has approved a share repurchase plan on Tuesday, March 20th 2018, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were Bitauto's earnings last quarter?

Bitauto Hldg Ltd (NYSE:BITA) announced its quarterly earnings data on Wednesday, November, 28th. The information services provider reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.46 by $0.53. The information services provider had revenue of $396.70 million for the quarter, compared to the consensus estimate of $388.27 million. Bitauto had a negative return on equity of 4.56% and a negative net margin of 8.89%. The company's revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.26 earnings per share. View Bitauto's Earnings History.

When is Bitauto's next earnings date?

Bitauto is scheduled to release their next quarterly earnings announcement on Thursday, March 21st 2019. View Earnings Estimates for Bitauto.

What guidance has Bitauto issued on next quarter's earnings?

Bitauto issued an update on its fourth quarter 2018 earnings guidance on Wednesday, November, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $425.2-432.4 million, compared to the consensus revenue estimate of $423.44 million.

What price target have analysts set for BITA?

5 equities research analysts have issued 12 month price targets for Bitauto's shares. Their forecasts range from $19.00 to $38.00. On average, they expect Bitauto's stock price to reach $26.25 in the next year. This suggests a possible upside of 31.8% 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, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bitauto.

Has Bitauto been receiving favorable news coverage?

Headlines about BITA stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bitauto earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave news stories about the information services provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the near future.

Who are some of Bitauto's key competitors?

Who are Bitauto's key executives?

Bitauto's management team includes the folowing people:
  • Mr. Bin Li, 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)

Who are Bitauto's major shareholders?

Bitauto's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Credit Suisse AG (4.35%), Platinum Investment Management Ltd. (3.82%), JPMorgan Chase & Co. (2.23%), JPMorgan Chase & Co. (2.23%), Jupiter Asset Management Ltd. (1.37%) and Vanguard Group Inc. (1.21%).

Which institutional investors are selling Bitauto stock?

BITA stock was sold by a variety of institutional investors in the last quarter, including Platinum Investment Management Ltd., Credit Suisse AG, Point72 Asset Management L.P., Jupiter Asset Management Ltd., First Trust Advisors LP, Penserra Capital Management LLC and River & Mercantile Asset Management LLP.

Which institutional investors are buying Bitauto stock?

BITA stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Perpetual Ltd, Cornerstone Wealth Management LLC, Krane Funds Advisors LLC, Morgan Stanley, Vanguard Group Inc and Vanguard Group 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 $19.92.

How big of a company is Bitauto?

Bitauto has a market capitalization of $1.48 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 8,558 workers across the globe.

What is Bitauto's official website?

The official website for Bitauto is http://www.bitauto.com.

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:  2.6 out of 5 (star star)
Outperform Votes:  265 (Vote Outperform)
Underperform Votes:  242 (Vote Underperform)
Total Votes:  507
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 12/14/2018 by MarketBeat.com Staff

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