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

$10.13
-0.29 (-2.78 %)
(As of 06/16/2019 06:56 AM ET)
Today's Range
$10.11
Now: $10.13
$10.40
50-Day Range
$9.75
MA: $11.21
$14.65
52-Week Range
$9.46
Now: $10.13
$25.79
Volume404,795 shs
Average Volume836,631 shs
Market Capitalization$736.86 million
P/E Ratio24.12
Dividend YieldN/A
Beta1.1
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$3.2783 per share
Book Value$41.44 per share

Profitability

Net Income$-87,680,000.00

Miscellaneous

Employees8,558
Market Cap$736.86 million
Next Earnings Date8/28/2019 (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 announced that its board has approved a stock repurchase plan on Tuesday, March 20th 2018, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

How were Bitauto's earnings last quarter?

Bitauto Hldg Ltd (NYSE:BITA) posted its quarterly earnings results on Thursday, May, 30th. The information services provider reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.10. The information services provider had revenue of $407.50 million for the quarter, compared to analyst estimates of $368.34 million. Bitauto had a positive return on equity of 1.93% and a negative net margin of 3.57%. The business's revenue for the quarter was up 17.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 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 28th 2019. View Earnings Estimates for Bitauto.

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

Bitauto issued an update on its second quarter 2019 earnings guidance on Thursday, May, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $402.3-417.2 million, compared to the consensus revenue estimate of $407.73 million.

What price target have analysts set for BITA?

5 equities research analysts have issued 12-month price targets for Bitauto's shares. Their predictions range from $19.00 to $38.00. On average, they anticipate Bitauto's share price to reach $24.80 in the next twelve months. This suggests a possible upside of 144.8% 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bitauto.

Has Bitauto been receiving favorable news coverage?

Media coverage about BITA stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Bitauto earned a news impact score of -1.0 on InfoTrie's scale. They also assigned media coverage about the information services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate 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), YY (YY), JD.Com (JD), Tesla (TSLA), Ctrip.Com International (CTRP), Alphabet (GOOG), Square (SQ) and Netflix (NFLX).

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)

Who are Bitauto's major shareholders?

Bitauto's stock is owned by a number of of retail and institutional investors. Top institutional investors include Snow Lake Capital HK Ltd (5.81%), FMR LLC (1.20%), Hsbc Holdings PLC (1.05%), Perpetual Ltd (1.00%), BlackRock Inc. (0.73%) and FIL Ltd (0.63%).

Which major investors are selling Bitauto stock?

BITA stock was sold by a variety of institutional investors in the last quarter, including Snow Lake Capital HK Ltd, Platinum Investment Management Ltd., FIL Ltd, First Trust Advisors LP and River & Mercantile Asset Management LLP.

Which major investors are buying Bitauto stock?

BITA stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Hsbc Holdings PLC, Perpetual Ltd, SG Americas Securities LLC, Morgan Stanley, Krane Funds Advisors LLC, BNP Paribas Arbitrage SA and Migdal Insurance & Financial Holdings Ltd..

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 $10.13.

How big of a company is Bitauto?

Bitauto has a market capitalization of $736.86 million 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 8,558 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 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:  290 (Thanks for Voting!)
Underperform Votes:  279 (Thanks for Voting!)
Total Votes:  569
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 6/16/2019 by MarketBeat.com Staff

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