NYSE:BITA - Bitauto Stock Price, Price Target & More

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

Bitauto announced that its board has approved a share buyback 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 purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

Bitauto Hldg Ltd (NYSE:BITA) posted its quarterly earnings data on Wednesday, June, 13th. The information services provider reported ($0.37) EPS for the quarter, missing analysts' consensus estimates of ($0.19) by $0.18. The information services provider earned $346.10 million during the quarter, compared to analysts' expectations of $309.85 million. Bitauto had a negative return on equity of 8.19% and a negative net margin of 16.63%. The company's revenue for the quarter was up 54.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.18 EPS. View Bitauto's Earnings History.

Bitauto is scheduled to release their next quarterly earnings announcement on Tuesday, August, 21st 2018. View Earnings Estimates for Bitauto.

5 Wall Street analysts have issued twelve-month price targets for Bitauto's shares. Their forecasts range from $40.00 to $46.00. On average, they expect Bitauto's stock price to reach $43.00 in the next year. This suggests a possible upside of 78.0% from the stock's current price. View Analyst Ratings 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, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Bitauto include Proofpoint (PFPT), YY (YY), Zendesk (ZEN), RingCentral (RNG), DST Systems (DST), Pegasystems (PEGA), Corelogic (CLGX), CarGurus (CARG), Bilibili (BILI), Zynga (ZNGA), PagSeguro Digital (PAGS), Acxiom (ACXM), Smartsheet (SMAR), Cars.com (CARS) and Globant (GLOB).

Media headlines about BITA stock have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bitauto earned a news impact score of 0.20 on Accern's scale. They also assigned news coverage about the information services provider an impact score of 46.36 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Bitauto's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include CITIC CAPITAL HOLDINGS LTD (6.52%) and Baillie Gifford & Co. (0.08%). View Institutional Ownership Trends for Bitauto.

BITA stock was acquired by a variety of institutional investors in the last quarter, including Baillie Gifford & Co.. View Insider Buying and Selling for 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.

One share of BITA stock can currently be purchased for approximately $24.16.

Bitauto has a market capitalization of $1.72 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.

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]