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.
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 Ratio0.48
Current Ratio1.16
Quick Ratio1.16
Price-To-Earnings
Trailing P/E Ratio-5.27
Forward P/E Ratio21.70
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.30 billion
Price / Sales1.00
Cash FlowN/A
Price / CashN/A
Book Value$41.13 per share
Price / Book0.44
Profitability
EPS (Most Recent Fiscal Year)($3.42)
Net Income$-260,340,000.00
Net Margins-15.08%
Return on Equity-8.60%
Return on Assets-2.90%
Miscellaneous
Employees8,558
Outstanding Shares71,730,000
Market Cap$1.29 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 declared that its Board of Directors has initiated a share repurchase program 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 reacquire shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's leadership believes its shares are undervalued.
How were Bitauto's earnings last quarter?
Bitauto Hldg Ltd (NYSE:BITA) issued its earnings results on Wednesday, August, 22nd. The information services provider reported $0.01 EPS for the quarter. The information services provider had revenue of $402.35 million for the quarter, compared to analyst estimates of $398.80 million. Bitauto had a negative return on equity of 8.60% and a negative net margin of 15.08%. View Bitauto's Earnings History.
When is Bitauto's next earnings date?
How can I listen to Bitauto's earnings call?
Bitauto will be holding an earnings conference call on Wednesday, November 28th at 7:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8665194004.
What price target have analysts set for BITA?
6 equities research analysts have issued 12-month target prices for Bitauto's stock. Their forecasts range from $23.00 to $38.00. On average, they anticipate Bitauto's stock price to reach $28.6667 in the next year. This suggests a possible upside of 59.2% from the stock's current price. View Analyst Price Targets for Bitauto.
What is the consensus analysts' recommendation for Bitauto?
6 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 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?
Headlines about BITA stock have trended positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 2.8 on InfoTrie's scale. They also gave news coverage about the information services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.
Who are some of Bitauto's key competitors?
Some companies that are related to Bitauto include Proofpoint (PFPT), YY (YY), CarGurus (CARG), Pegasystems (PEGA), Bilibili (BILI), Corelogic (CLGX), Zynga (ZNGA), PagSeguro Digital (PAGS), Smartsheet (SMAR), Five9 (FIVN), Trivago (TRVG), Upwork (UPWK), Evertec (EVTC), Globant (GLOB) and Cars.com (CARS).
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 institutional and retail investors. Top institutional investors 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 BlackRock Inc. (0.66%).
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, BlackRock Inc., Hsbc Holdings PLC, Thompson Siegel & Walmsley LLC and Jane Street Group LLC.
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 $18.01.
How big of a company is Bitauto?
Bitauto has a market capitalization of $1.29 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?
How can I contact Bitauto?
Bitauto's mailing address is NO. 6 SOUTH CAPITAL STADIUM ROAD NEW CENTURY HOTEL OFFICE TOWER 6TH FLOOR, 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)
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.
