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

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$18.10 -0.32 (-1.74 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$18.42
Today's Range$17.93 - $18.51
52-Week Range$15.61 - $32.59
Volume364,784 shs
Average Volume811,182 shs
Market Capitalization$1.32 billion
P/E Ratio-5.29
Dividend YieldN/A
Beta1.35
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$1.30 billion
Book Value$41.13 per share

Profitability

Net Income$-260,340,000.00

Miscellaneous

Employees8,558
Market Cap$1.32 billion
Next Earnings Date3/21/2019 (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 authorized a share repurchase program on Tuesday, March 20th 2018, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

How were Bitauto's earnings last quarter?

Bitauto Hldg Ltd (NYSE:BITA) released its quarterly earnings data on Wednesday, November, 28th. The information services provider reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by $0.53. The information services provider had revenue of $396.70 million for the quarter, compared to analysts' expectations of $388.27 million. Bitauto had a negative net margin of 8.89% and a negative return on equity of 4.56%. The company's revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.26 EPS. View Bitauto's Earnings History.

When is Bitauto's next earnings date?

Bitauto is scheduled to release their next quarterly earnings announcement on Thursday, March 21st 2019. View Earnings Estimates for Bitauto.

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

Bitauto issued an update on its fourth quarter 2018 earnings guidance on Wednesday, November, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $425.2-432.4 million, compared to the consensus revenue estimate of $423.44 million.

What price target have analysts set for BITA?

5 brokerages have issued 1-year price targets for Bitauto's stock. Their forecasts range from $19.00 to $38.00. On average, they expect Bitauto's share price to reach $26.25 in the next year. This suggests a possible upside of 45.0% 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 positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Bitauto earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage about the information services provider a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future.

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), Alphabet (GOOG), Netflix (NFLX), 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 variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (0.73%), Dimensional Fund Advisors LP (0.63%), Perpetual Ltd (0.49%), River & Mercantile Asset Management LLP (0.44%), Contrarius Investment Management Ltd (0.33%) and Hsbc Holdings PLC (0.14%).

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, Penserra Capital Management LLC, Baillie Gifford & Co. and California Public Employees Retirement System.

Which institutional investors are buying Bitauto stock?

BITA stock was bought by a variety of institutional investors in the last quarter, including River & Mercantile Asset Management LLP, Westpac Banking Corp, BlackRock Inc., SG Americas Securities LLC, Wedbush Securities Inc., Bank of America Corp DE, Exane Derivatives and Intercontinental Wealth Advisors 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, Scottrade, Fidelity and Charles Schwab.

What is Bitauto's stock price today?

One share of BITA stock can currently be purchased for approximately $18.10.

How big of a company is Bitauto?

Bitauto has a market capitalization of $1.32 billion and generates $1.30 billion in revenue each year. The information services provider earns $-260,340,000.00 in net income (profit) each year or ($3.42) 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:  278 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  539
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 2/21/2019 by MarketBeat.com Staff

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