NYSE:BITABitauto Stock Price, Forecast & News

Bitauto's stock was trading at $13.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BITA stock has increased by 3.3% and is now trading at $13.89. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bitauto in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Bitauto.

Bitauto is scheduled to release its next quarterly earnings announcement on Friday, June 12th 2020. View our earnings forecast for Bitauto.

Bitauto will be holding an earnings conference call on Friday, June 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Bitauto Hldg Ltd (NYSE:BITA) posted its quarterly earnings results on Thursday, March, 26th. The information services provider reported ($8.07) earnings per share for the quarter, missing the consensus estimate of $0.30 by $8.37. The information services provider had revenue of $385.80 million for the quarter, compared to analyst estimates of $379.46 million. Bitauto had a negative net margin of 11.05% and a negative return on equity of 0.79%. The business's quarterly revenue was down 15.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.23 EPS. View Bitauto's earnings history.

Bitauto updated its first quarter 2020 Pre-Market earnings guidance on Thursday, March, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $244.2-258.6 million.

2 brokerages have issued 12-month target prices for Bitauto's stock. Their forecasts range from $16.00 to $20.00. On average, they expect Bitauto's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 29.6% from the stock's current price. View analysts' price targets for Bitauto.

News headlines about BITA stock have trended positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bitauto earned a news sentiment score of 2.4 on InfoTrie's scale. They also gave news stories about the information services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutBitauto.

Some companies that are related to Bitauto include Corelogic (CLGX), CarGurus (CARG), LiveRamp (RAMP), Inovalon (INOV), Evertec (EVTC), Yext (YEXT), SciPlay (SCPL), CSG Systems International (CSGS), 8X8 (EGHT), Change Healthcare (CHNG), Upwork (UPWK), Computer Services (CSVI), Shutterstock (SSTK), So-Young International (SY) and Trivago (TRVG). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bitauto investors own include Alibaba Group (BABA), Baidu (BIDU), Tesla (TSLA), IQIYI (IQ), YY (YY), Ctrip.Com International (CTRP), JD.Com (JD), Netflix (NFLX), Palo Alto Networks (PANW) and Alphabet (GOOG).

Bitauto trades on the New York Stock Exchange (NYSE) under the ticker symbol "BITA."

Bitauto's stock is owned by many different retail and institutional investors. Top institutional investors include Maso Capital Partners Ltd (5.55%), Invesco Ltd. (4.82%), York Capital Management Global Advisors LLC (2.03%), Pentwater Capital Management LP (1.26%), BlackRock Inc. (0.78%) and Krane Funds Advisors LLC (0.70%).

BITA stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Pentwater Capital Management LP, Athos Capital Ltd, Balyasny Asset Management LLC, Athanor Capital LP, SG Americas Securities LLC, Parametric Portfolio Associates LLC, and Canada Pension Plan Investment Board.

BITA stock was purchased by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Maso Capital Partners Ltd, Krane Funds Advisors LLC, BlackRock Inc., QVT Financial LP, Jane Street Group LLC, State Street Corp, and Nomura Holdings Inc..

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.

One share of BITA stock can currently be purchased for approximately $13.89.

Bitauto has a market capitalization of $1.01 billion and generates $1.54 billion in revenue each year. The information services provider earns $-169,250,000.00 in net income (profit) each year or ($0.45) on an earnings per share basis. Bitauto employs 7,935 workers across the globe.

The official website for Bitauto is www.bitauto.com.

Bitauto's mailing address is NEW CENTURY HOTEL OFFICE TOWER 6/F NO 6 SOUTH CAPITAL STADIUM ROAD BEIJING, PEOPLE`S REPUBLIC OF CHINA F4, 100044. The information services provider can be reached via phone at 86-10-6849-2345 or via email at [email protected]