Bitauto Stock Price, News & Analysis (NYSE:BITA)

$15.01
0.00 (0.00 %)
(As of 09/23/2019 07:11 AM ET)
Today's Range
$14.9850
Now: $15.01
$15.10
50-Day Range
$10.80
MA: $12.33
$15.03
52-Week Range
$9.46
Now: $15.01
$25.34
Volume1.40 million shs
Average Volume1.36 million shs
Market Capitalization$1.09 billion
P/E Ratio10.72
Dividend YieldN/A
Beta0.74
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. 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$3.2773 per share
Book Value$41.44 per share

Profitability

Net Income$-87,680,000.00

Miscellaneous

Employees8,558
Market Cap$1.09 billion
Next Earnings Date11/27/2019 (Estimated)
OptionableOptionable

Receive BITA News and Ratings via Email

Sign-up to receive the latest news and ratings for BITA and its competitors with MarketBeat's FREE daily newsletter.


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 stock buyback plan on Tuesday, March 20th 2018, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

How were Bitauto's earnings last quarter?

Bitauto Hldg Ltd (NYSE:BITA) released its quarterly earnings results on Thursday, September, 5th. The information services provider reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.59 by $0.28. The information services provider had revenue of $406.60 million for the quarter, compared to analyst estimates of $388.27 million. Bitauto had a positive return on equity of 2.21% and a negative net margin of 4.86%. Bitauto's revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 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, November 27th 2019. View Earnings Estimates for Bitauto.

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

Bitauto issued an update on its third quarter 2019 earnings guidance on Thursday, September, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $386-400.6 million.

What price target have analysts set for BITA?

3 brokerages have issued twelve-month price targets for Bitauto's shares. Their forecasts range from $16.00 to $20.00. On average, they expect Bitauto's stock price to reach $18.3333 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View Analyst Price Targets for Bitauto.

What is the consensus analysts' recommendation for Bitauto?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bitauto in the last year. There are currently 1 hold rating and 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 coverage about BITA stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bitauto earned a daily sentiment score of -1.3 on InfoTrie's scale. They also gave news articles about the information services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. 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), Ctrip.Com International (CTRP), Alphabet (GOOG), Square (SQ), JD.Com (JD) 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 many different of retail and institutional investors. Top institutional shareholders include Invesco Ltd. (8.66%), Vanguard Group Inc. (1.40%), Perpetual Ltd (0.91%), BlackRock Inc. (0.82%), River & Mercantile Asset Management LLP (0.76%) and Krane Funds Advisors LLC (0.44%).

Which major investors are selling Bitauto stock?

BITA stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Krane Funds Advisors LLC, SG Americas Securities LLC, Perpetual Ltd, BNP Paribas Arbitrage SA and Wedbush Securities Inc..

Which major investors are buying Bitauto stock?

BITA stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., River & Mercantile Asset Management LLP, Parametric Portfolio Associates LLC, D. E. Shaw & Co. Inc., Athos Capital Ltd, BlackRock Inc., Exane Derivatives and Jefferies 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, Robinhood, Fidelity and Charles Schwab.

What is Bitauto's stock price today?

One share of BITA stock can currently be purchased for approximately $15.01.

How big of a company is Bitauto?

Bitauto has a market capitalization of $1.09 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 8,558 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:  2.6 out of 5 (star star)
Outperform Votes:  307 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  600
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 9/23/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel