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

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$15.46 0.00 (0.00 %)
(As of 03/26/2019 04:20 AM ET)
Previous Close$15.46
Today's Range$15.05 - $15.63
52-Week Range$15.05 - $30.72
Volume521,663 shs
Average Volume811,389 shs
Market Capitalization$1.12 billion
P/E Ratio11.04
Dividend YieldN/A
Beta1.19
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.

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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
Book Value$41.44 per share

Profitability

Net Income$-87,680,000.00

Miscellaneous

Employees8,558
Market Cap$1.12 billion
Next Earnings Date6/12/2019 (Estimated)
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 announced that its Board of Directors has authorized a share buyback program 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 reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

How were Bitauto's earnings last quarter?

Bitauto Hldg Ltd (NYSE:BITA) announced its quarterly earnings data on Tuesday, March, 19th. The information services provider reported $0.23 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.22 by $0.01. The information services provider earned $453.70 million during the quarter, compared to analysts' expectations of $425.94 million. Bitauto had a negative net margin of 5.67% and a negative return on equity of 0.42%. The company's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.12 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, June 12th 2019. View Earnings Estimates for Bitauto.

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

Bitauto updated its first quarter 2019 earnings guidance on Tuesday, March, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $359.2-366.5 million, compared to the consensus revenue estimate of $364.11 million.

What price target have analysts set for BITA?

5 brokers have issued 12 month price targets for Bitauto's stock. Their forecasts range from $19.00 to $38.00. On average, they anticipate Bitauto's share price to reach $26.25 in the next year. This suggests a possible upside of 69.8% 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 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bitauto.

Has Bitauto been receiving favorable news coverage?

Press coverage about BITA stock has been trending somewhat negative recently, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog 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 -1.8 on InfoTrie's scale. They also gave media headlines about the information services provider a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the next several days.

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), YY (YY), Tesla (TSLA), JD.Com (JD), Netflix (NFLX), Alphabet (GOOG), Micron Technology (MU), Vipshop (VIPS) and Skyworks Solutions (SWKS).

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.73%), Dimensional Fund Advisors LP (0.63%), Dimensional Fund Advisors LP (0.63%), Norges Bank (0.51%), Perpetual Ltd (0.49%) and River & Mercantile Asset Management LLP (0.44%).

Which institutional investors are selling Bitauto stock?

BITA stock was sold by a variety of institutional investors in the last quarter, including Contrarius Investment Management Ltd, Perpetual Ltd, Hsbc Holdings PLC, First Trust Advisors LP, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Penserra Capital Management LLC and Baillie Gifford & Co..

Which institutional investors are buying Bitauto stock?

BITA stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, River & Mercantile Asset Management LLP, Westpac Banking Corp, BlackRock Inc., SG Americas Securities LLC, Wedbush Securities Inc., Bank of America Corp DE and Exane Derivatives.

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 $15.46.

How big of a company is Bitauto?

Bitauto has a market capitalization of $1.12 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.

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:  282 (Vote Outperform)
Underperform Votes:  269 (Vote Underperform)
Total Votes:  551
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 3/26/2019 by MarketBeat.com Staff

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