Bitauto Holdings Limited provides Internet content and marketing, and transaction services for the automotive industry in the People's Republic of China. The company operates in three segments: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business. The Advertising and Subscription Business segment provides advertising services, including new automobile pricing and promotional information, specifications, reviews, and consumer feedback to automakers through its bitauto.com and taoche.com Websites, as well as mobile applications. It also provides Web-based and mobile-based integrated digital marketing solutions to automobile dealers. The Transaction Services Business segment operates automotive transaction services platform that provides e-commerce transaction services to automobile dealers; and offers online automotive financial platform services to consumers and financial institutions, including banks, auto finance companies, and insurance companies. The Digital Marketing Solutions Business segment provides one-stop digital marketing solutions, such as Website creation and maintenance, online public relations, online marketing campaigns, and advertising to automakers. The company also distributes its dealer customers' automobile pricing and promotional information through its Internet service provider partners. Bitauto Holdings Limited has a strategic partnership with J.D. Power to conduct joint research and development in the area of big data and artificial intelligence. The company was founded in 2000 and is headquartered in Beijing, the People's Republic of China.
Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:BITA
CUSIPN/A
Phone86-10-6849-2345
Debt
Debt-to-Equity RatioN/A
Current Ratio1.18
Quick Ratio1.18
Price-To-Earnings
Trailing P/E Ratio-7.06
Forward P/E Ratio241.80
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.30 billion
Price / Sales1.34
Cash FlowN/A
Price / CashN/A
Book Value$41.13 per share
Price / Book0.59
Profitability
EPS (Most Recent Fiscal Year)($3.42)
Net Income$-260,340,000.00
Net Margins-16.63%
Return on Equity-8.19%
Return on Assets-2.81%
Miscellaneous
Employees7,620
Outstanding Shares71,730,000
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 authorized a stock repurchase plan on Tuesday, March 20th 2018, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.
How were Bitauto's earnings last quarter?
Bitauto Hldg Ltd (NYSE:BITA) announced its quarterly earnings data on Wednesday, June, 13th. The information services provider reported ($0.37) EPS for the quarter, missing the Zacks' consensus estimate of ($0.19) by $0.18. The information services provider had revenue of $346.10 million for the quarter, compared to the consensus estimate of $309.85 million. Bitauto had a negative net margin of 16.63% and a negative return on equity of 8.19%. The business's revenue for the quarter was up 54.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 earnings per share. View Bitauto's Earnings History.
When is Bitauto's next earnings date?
What price target have analysts set for BITA?
5 brokers have issued 12 month price targets for Bitauto's stock. Their forecasts range from $40.00 to $46.00. On average, they anticipate Bitauto's stock price to reach $43.00 in the next twelve months. View Analyst Ratings for Bitauto.
Who are some of Bitauto's key competitors?
Some companies that are related to Bitauto include Proofpoint (PFPT), Zendesk (ZEN), RingCentral (RNG), Bilibili (BILI), DST Systems (DST), Pegasystems (PEGA), Corelogic (CLGX), CarGurus (CARG), Zynga (ZNGA), PagSeguro Digital (PAGS), Smartsheet (SMAR), Acxiom (ACXM), Five9 (FIVN), Cars.com (CARS) and MINDBODY (MB).
Who are Bitauto's key executives?
Bitauto's management team includes the folowing people:
- Mr. Li Bin, Founder & Chairman (Age 44)
- Mr. Xuan Zhang, CEO & Director (Age 42)
- Ms. Kun He, Chief Financial Officer (Age 42)
- Mr. Liu Xiaoke, Chief Operating Officer (Age 37)
- Mr. Zhu Lei, Chief Technology Officer (Age 32)
Has Bitauto been receiving favorable news coverage?
News coverage about BITA stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bitauto earned a media sentiment score of 0.10 on Accern's scale. They also gave press coverage about the information services provider an impact score of 45.85 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Bitauto's major shareholders?
Bitauto's stock is owned by a variety of of institutional and retail investors. Top institutional investors include CITIC CAPITAL HOLDINGS LTD (6.52%), Cantillon Capital Management LLC (4.95%), Platinum Investment Management Ltd. (3.30%), Carmignac Gestion (3.10%), Jupiter Asset Management Ltd. (1.23%) and FIL Ltd (1.05%). View Institutional Ownership Trends for Bitauto.
Which major investors are selling Bitauto stock?
BITA stock was sold by a variety of institutional investors in the last quarter, including Bamco Inc. NY, Carmignac Gestion, Cantillon Capital Management LLC, FIL Ltd, Seven Eight Capital LP, Hsbc Holdings PLC and California Public Employees Retirement System. View Insider Buying and Selling for Bitauto.
Which major investors are buying Bitauto stock?
BITA stock was bought by a variety of institutional investors in the last quarter, including Platinum Investment Management Ltd., Millennium Management LLC, Jupiter Asset Management Ltd., Indus Capital Partners LLC, River & Mercantile Asset Management LLP, SG Americas Securities LLC, Cubist Systematic Strategies LLC and JPMorgan Chase & Co.. View Insider Buying and Selling for Bitauto.
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 $24.12.
How big of a company is Bitauto?
Bitauto has a market capitalization of $1.75 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 7,620 workers across the globe.
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 (BITA)
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.
