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

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$11.10 -0.47 (-4.06 %)
(As of 05/20/2019 03:06 AM ET)
Previous Close$11.10
Today's Range$11.10 - $11.43
52-Week Range$10.52 - $30.72
Volume581,407 shs
Average Volume860,915 shs
Market Capitalization$807.41 million
P/E Ratio7.93
Dividend YieldN/A
Beta1.04
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
Cash Flow$3.2840 per share
Book Value$41.44 per share

Profitability

Net Income$-87,680,000.00

Miscellaneous

Employees8,558
Market Cap$807.41 million
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 declared that its Board of Directors has initiated a share repurchase program on Tuesday, March 20th 2018, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically 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 data on Tuesday, March, 19th. The information services provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.01. The information services provider had revenue of $453.70 million for the quarter, compared to analyst estimates of $425.94 million. Bitauto had a negative return on equity of 0.42% and a negative net margin of 5.67%. Bitauto's quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.12 earnings per share. 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 earnings per share 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?

4 Wall Street analysts have issued 1-year target prices for Bitauto's shares. Their forecasts range from $19.00 to $38.00. On average, they expect Bitauto's stock price to reach $26.25 in the next year. This suggests a possible upside of 136.5% from the stock's current price. View Analyst Price Targets for Bitauto.

What is the consensus analysts' recommendation for Bitauto?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bitauto in the last year. There are currently 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?

Media coverage about BITA stock has been trending somewhat positive this week, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing 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 coverage optimism score of 1.9 on InfoTrie's scale. They also assigned news coverage about the information services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock'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), 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 variety 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 acquired 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 $11.10.

How big of a company is Bitauto?

Bitauto has a market capitalization of $807.41 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.

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:  287 (Vote Outperform)
Underperform Votes:  276 (Vote Underperform)
Total Votes:  563
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 5/20/2019 by MarketBeat.com Staff

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