NYSE:BITA - Bitauto Stock Price, News & Analysis

$15.02
+0.07 (+0.47 %)
(As of 09/16/2019 12:01 PM ET)
Today's Range
$14.88
Now: $15.02
$15.06
50-Day Range
$10.80
MA: $11.83
$14.89
52-Week Range
$9.46
Now: $15.02
$25.34
Volume3.04 million shs
Average Volume809,481 shs
Market Capitalization$1.09 billion
P/E Ratio10.73
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$3.5847 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

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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 share repurchase plan on Tuesday, March 20th 2018, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

How were Bitauto's earnings last quarter?

Bitauto Hldg Ltd (NYSE:BITA) announced its quarterly earnings data on Thursday, September, 5th. The information services provider reported $0.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.28. The information services provider earned $406.60 million during the quarter, compared to the consensus estimate of $388.27 million. Bitauto had a negative net margin of 4.86% and a positive return on equity of 2.95%. The firm's quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $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 earnings per share guidance of for the period. The company issued revenue guidance of $386-400.6 million.

What price target have analysts set for BITA?

3 brokers have issued 1 year price targets for Bitauto's stock. Their predictions range from $16.00 to $20.00. On average, they anticipate Bitauto's share price to reach $18.3333 in the next year. This suggests a possible upside of 22.2% 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?

Media coverage about BITA stock has been trending somewhat positive recently, InfoTrie reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Bitauto earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the information services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. 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 institutional and retail 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 institutional 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 institutional investors are buying Bitauto stock?

BITA stock was purchased 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 $15.00.

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:  306 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  598
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 9/16/2019 by MarketBeat.com Staff

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