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NYSE:BITA - Bitauto Stock Price, Forecast & News

$14.72
-0.22 (-1.47 %)
(As of 01/26/2020 12:05 PM ET)
Today's Range
$14.69
Now: $14.72
$15.00
50-Day Range
$14.71
MA: $15.06
$15.32
52-Week Range
$9.46
Now: $14.72
$20.19
Volume394,932 shs
Average Volume287,015 shs
Market Capitalization$1.07 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.65
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. Read More…

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone86-10-6849-2345

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.54 billion
Cash Flow$3.24 per share
Book Value$41.44 per share

Profitability

Net Income$-87,680,000.00

Miscellaneous

Employees8,316
Market Cap$1.07 billion
Next Earnings Date3/17/2020 (Estimated)
OptionableOptionable

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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 has authorized a share buyback program on Tuesday, March 20th 2018, which authorizes the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

How were Bitauto's earnings last quarter?

Bitauto Hldg Ltd (NYSE:BITA) released its quarterly earnings results on Tuesday, November, 26th. The information services provider reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by $0.32. The information services provider had revenue of $355.50 million for the quarter, compared to the consensus estimate of $375.88 million. Bitauto had a positive return on equity of 2.60% and a negative net margin of 6.16%. Bitauto's revenue for the quarter was down 6.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.53 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 Tuesday, March 17th 2020. View Earnings Estimates for Bitauto.

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

Bitauto issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Tuesday, November, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$342.8-356.8 million, compared to the consensus revenue estimate of $$412.8 million.

What price target have analysts set for BITA?

2 brokerages have issued twelve-month price objectives for Bitauto's shares. Their forecasts range from $16.00 to $20.00. On average, they anticipate Bitauto's share price to reach $18.00 in the next year. This suggests a possible upside of 22.3% from the stock's current price. View Analyst Price Targets for Bitauto.

What is the consensus analysts' recommendation for Bitauto?

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

Has Bitauto been receiving favorable news coverage?

News stories about BITA stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog 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 -4.5 on InfoTrie's scale. They also gave media coverage about the information services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Bitauto.

Who are some of Bitauto's key competitors?

What other stocks do shareholders of Bitauto own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bitauto investors own include Alibaba Group (BABA), Baidu (BIDU), IQIYI (IQ), Tesla (TSLA), YY (YY), Alphabet (GOOG), JD.Com (JD), Ctrip.Com International (CTRP), Netflix (NFLX) and Square (SQ).

Who are Bitauto's key executives?

Bitauto's management team includes the folowing people:
  • Mr. Bin Li, Founder & Chairman (Age 45)
  • Mr. Xuan Zhang, CEO & Director (Age 43)
  • Mr. Ming Xu, Chief Financial Officer
  • Mr. Liu Xiaoke, Chief Operating Officer (Age 38)
  • Mr. Xiangzhi Kong, Chief Strategy Officer (Age 41)

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, Robinhood, Fidelity and Charles Schwab.

What is Bitauto's stock price today?

One share of BITA stock can currently be purchased for approximately $14.72.

How big of a company is Bitauto?

Bitauto has a market capitalization of $1.07 billion and generates $1.54 billion in revenue each year. The information services provider earns $-87,680,000.00 in net income (profit) each year or $1.40 on an earnings per share basis. Bitauto employs 8,316 workers across the globe.View Additional Information About Bitauto.

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, 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:  2.5 out of 5 (star star half star)
Outperform Votes:  327 (Vote Outperform)
Underperform Votes:  319 (Vote Underperform)
Total Votes:  646
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 1/26/2020 by MarketBeat.com Staff

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