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

$15.30
+0.01 (+0.07 %)
(As of 10/23/2019 06:07 AM ET)
Today's Range
$15.30
Now: $15.30
$15.48
50-Day Range
$11.60
MA: $14.65
$15.40
52-Week Range
$9.46
Now: $15.30
$25.34
Volume938,574 shs
Average Volume697,911 shs
Market Capitalization$1.11 billion
P/E Ratio10.93
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$3.28 per share
Book Value$41.44 per share

Profitability

Net Income$-87,680,000.00

Miscellaneous

Employees8,316
Market Cap$1.11 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 announced that its board has approved a share buyback 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. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

How were Bitauto's earnings last quarter?

Bitauto Hldg Ltd (NYSE:BITA) released 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 analysts' expectations 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 for the quarter was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.49 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, 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 (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 brokers have issued 12 month target prices for Bitauto's shares. Their forecasts range from $16.00 to $20.00. On average, they anticipate Bitauto's share price to reach $18.33 in the next twelve months. This suggests a possible upside of 19.8% 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 stories about BITA stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring 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 coverage optimism score of 2.0 on InfoTrie's scale. They also gave news stories about the information services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. 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), JD.Com (JD), 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)

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 $15.30.

How big of a company is Bitauto?

Bitauto has a market capitalization of $1.11 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 8,316 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, 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:  312 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  611
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 10/23/2019 by MarketBeat.com Staff

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