NYSE:BITABitauto Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Bitauto Hldg Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $13.89 +0.22 (+1.61 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$13.60Now: $13.89▼$14.4850-Day Range$10.66MA: $11.70▼$13.6052-Week Range$9.60Now: $13.89▼$15.48Volume622,320 shsAverage Volume223,347 shsMarket Capitalization$1.01 billionP/E RatioN/ADividend YieldN/ABeta0.88 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingBitauto has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.00, Bitauto has a potential upside of 29.6% from its current price of $13.89.Amount of Analyst CoverageBitauto has received no research coverage in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesBitauto has received 351 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBitauto has received 347 “underperform” votes. (Add your “underperform” vote.)Community SentimentBitauto has received 50.29% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldBitauto does not currently pay a dividend.Dividend GrowthBitauto does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bitauto insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 17.00% of the stock of Bitauto is held by insiders.Percentage Held by InstitutionsOnly 27.79% of the stock of Bitauto is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Bitauto are expected to grow by 12.88% in the coming year, from $1.63 to $1.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bitauto is -5.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Bitauto is -5.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBitauto has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.45 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Data processing & preparation Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:BITA Previous Symbol CUSIPN/A CIK1499781 Webwww.bitauto.com Phone86-10-6849-2345Debt Debt-to-Equity Ratio0.18 Current Ratio1.30 Quick Ratio1.30Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio8.52 P/E GrowthN/A Sales & Book Value Annual Sales$1.54 billion Price / Sales0.66 Cash Flow$1.11 per share Price / Cash Flow12.57 Book Value$38.52 per share Price / Book0.36Profitability EPS (Most Recent Fiscal Year)($0.45) Net Income$-169,250,000.00 Net Margins-11.05% Return on Equity-0.79% Return on Assets-0.29%Miscellaneous Employees7,935 Outstanding Shares72,740,000Market Cap$1.01 billion Next Earnings Date6/12/2020 (Confirmed) OptionableOptionable BITA Rates by TradingView 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 How has Bitauto's stock been impacted by COVID-19 (Coronavirus)? Bitauto's stock was trading at $13.44 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BITA shares have increased by 3.3% and is now trading at $13.89. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Bitauto? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bitauto in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Bitauto. When is Bitauto's next earnings date? Bitauto is scheduled to release its next quarterly earnings announcement on Friday, June 12th 2020. View our earnings forecast for Bitauto. How can I listen to Bitauto's earnings call? Bitauto will be holding an earnings conference call on Friday, June 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Bitauto's earnings last quarter? Bitauto Hldg Ltd (NYSE:BITA) announced its quarterly earnings data on Thursday, March, 26th. The information services provider reported ($8.07) earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by $8.37. The information services provider had revenue of $385.80 million for the quarter, compared to analysts' expectations of $379.46 million. Bitauto had a negative return on equity of 0.79% and a negative net margin of 11.05%. The firm's quarterly revenue was down 15.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.23 EPS. View Bitauto's earnings history. What guidance has Bitauto issued on next quarter's earnings? Bitauto updated its first quarter 2020 Pre-Market earnings guidance on Thursday, March, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $244.2-258.6 million. What price target have analysts set for BITA? 2 analysts have issued twelve-month price objectives for Bitauto's stock. Their forecasts range from $16.00 to $20.00. On average, they expect Bitauto's stock price to reach $18.00 in the next year. This suggests a possible upside of 29.6% from the stock's current price. View analysts' price targets for Bitauto. Has Bitauto been receiving favorable news coverage? News coverage about BITA stock has been trending somewhat negative on Sunday, InfoTrie reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog 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 coverage optimism score of -1.0 on InfoTrie's scale. They also gave news stories about the information services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutBitauto. Who are some of Bitauto's key competitors? Some companies that are related to Bitauto include Corelogic (CLGX), CarGurus (CARG), LiveRamp (RAMP), Inovalon (INOV), Evertec (EVTC), Yext (YEXT), SciPlay (SCPL), CSG Systems International (CSGS), 8X8 (EGHT), Change Healthcare (CHNG), Upwork (UPWK), Computer Services (CSVI), Shutterstock (SSTK), So-Young International (SY) and Trivago (TRVG). View all 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), Tesla (TSLA), IQIYI (IQ), YY (YY), Ctrip.Com International (CTRP), JD.Com (JD), Netflix (NFLX), Palo Alto Networks (PANW) and Alphabet (GOOG). Who are Bitauto's key executives? Bitauto's management team includes the following people: Mr. Bin Li, Founder & Chairman (Age 45)Mr. Xuan Zhang, CEO & Director (Age 43)Mr. Ming Xu, Chief Financial OfficerMr. Liu Xiaoke, Chief Operating Officer (Age 38)Mr. Xiangzhi Kong, Chief Strategy Officer (Age 41) What is Bitauto's stock symbol? Bitauto trades on the New York Stock Exchange (NYSE) under the ticker symbol "BITA." Who are Bitauto's major shareholders? Bitauto's stock is owned by a variety of retail and institutional investors. Top institutional investors include Maso Capital Partners Ltd (5.55%), Invesco Ltd. (4.82%), York Capital Management Global Advisors LLC (2.03%), Pentwater Capital Management LP (1.26%), BlackRock Inc. (0.78%) and Krane Funds Advisors LLC (0.70%). Which institutional investors are selling Bitauto stock? BITA stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Pentwater Capital Management LP, Athos Capital Ltd, Balyasny Asset Management LLC, Athanor Capital LP, SG Americas Securities LLC, Parametric Portfolio Associates LLC, and Canada Pension Plan Investment Board. Which institutional investors are buying Bitauto stock? BITA stock was purchased by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Maso Capital Partners Ltd, Krane Funds Advisors LLC, BlackRock Inc., QVT Financial LP, Jane Street Group LLC, State Street Corp, and Nomura Holdings Inc.. 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 $13.89. How big of a company is Bitauto? Bitauto has a market capitalization of $1.01 billion and generates $1.54 billion in revenue each year. The information services provider earns $-169,250,000.00 in net income (profit) each year or ($0.45) on an earnings per share basis. Bitauto employs 7,935 workers across the globe. What is Bitauto's official website? The official website for Bitauto is www.bitauto.com. How can I contact Bitauto? Bitauto's mailing address is NEW CENTURY HOTEL OFFICE TOWER 6/F NO 6 SOUTH CAPITAL STADIUM ROAD BEIJING, PEOPLE`S REPUBLIC OF CHINA F4, 100044. The information services provider can be reached via phone at 86-10-6849-2345 or via email at [email protected] This page was last updated on 6/7/2020 by MarketBeat.com Staff
