About Bitauto (NYSE:BITA)
Bitauto Holdings Limited provides Internet content and marketing, and transaction services for the automotive industry in the People's Republic of China. The company operates in three segments: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business. The Advertising and Subscription Business segment provides advertising services, including new automobile pricing and promotional information, specifications, reviews, and consumer feedback to automakers through its bitauto.com and taoche.com Websites, as well as mobile applications. It also provides Web-based and mobile-based integrated digital marketing solutions to automobile dealers. The Transaction Services Business segment operates automotive transaction services platform that provides e-commerce transaction services to automobile dealers; and offers online automotive financial platform services to consumers and financial institutions, including banks, auto finance companies, and insurance companies. The Digital Marketing Solutions Business segment provides one-stop digital marketing solutions, such as Website creation and maintenance, online public relations, online marketing campaigns, and advertising to automakers. The company also distributes its dealer customers' automobile pricing and promotional information through its Internet service provider partners. Bitauto Holdings Limited has a strategic partnership with J.D. Power to conduct joint research and development in the area of big data and artificial intelligence. The company was founded in 2000 and is headquartered in Beijing, the People's Republic of China.
Industry, Sector and Symbol
Industry Data processing & preparation
SectorComputer and Technology
Trailing P/E Ratio-5.68
Forward P/E Ratio188.20
Sales & Book Value
Annual Sales$1.30 billion
Price / Sales1.04
Cash Flow$2.0819 per share
Price / Cash9.04
Book Value$41.13 per share
Price / Book0.46
EPS (Most Recent Fiscal Year)($3.42)
Return on Equity-7.37%
Return on Assets-2.59%
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 initiated a share repurchase plan on Tuesday, March 20th 2018, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign 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 Thursday, March, 15th. The information services provider reported ($1.52) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $1.62. The information services provider earned $413.50 million during the quarter, compared to analysts' expectations of $378.73 million. Bitauto had a negative net margin of 17.41% and a negative return on equity of 7.37%. Bitauto's revenue was up 64.2% on a year-over-year basis. During the same period last year, the company earned $0.03 earnings per share. View Bitauto's Earnings History.
When is Bitauto's next earnings date?
What price target have analysts set for BITA?
3 brokers have issued 1-year price objectives for Bitauto's stock. Their forecasts range from $40.00 to $46.00. On average, they anticipate Bitauto's share price to reach $43.00 in the next twelve months. View Analyst Ratings for Bitauto.
Who are some of Bitauto's key competitors?
Some companies that are related to Bitauto include RingCentral (RNG), Zendesk (ZEN), DST Systems (DST), Pegasystems (PEGA), PagSeguro (PAGS), CoreLogic (CLGX), CarGurus (CARG), Bilibili (BILI), Zynga (ZNGA), Trivago (TRVG), Longfin (LFIN), Fang (SFUN), Acxiom (ACXM), Classified Ventures (CARS) and Mindbody (MB).
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)
- Ms. Kun He, Chief Financial Officer (Age 42)
- 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 trended somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bitauto earned a news sentiment score of 0.18 on Accern's scale. They also gave news stories about the information services provider an impact score of 46.30 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
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 $18.63.
How big of a company is Bitauto?
Bitauto has a market capitalization of $1.42 billion and generates $1.30 billion in revenue each year. The information services provider earns $-189,290,000.00 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 (BITA)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.
Bitauto (NYSE:BITA) Dividend History by Quarter
(Data available from 1/1/2013 forward)
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Bitauto (NYSE BITA) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 27.25%
Bitauto (NYSE BITA) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
Bitauto (NYSE BITA) News Headlines
Bitauto (NYSE:BITA) SEC Filings
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Bitauto (NYSE:BITA) Income Statement, Balance Sheet and Cash Flow Statement
Bitauto (NYSE BITA) Stock Chart for Wednesday, April, 25, 2018