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Bytes Technology Group Plc (GB:BYIT)
:BYIT
RESEARCH TOOLSreports
BYIT Stock Chart & Stats
Day’s Range― - ―
52-Week Range400.00p - 610.00p
Previous CloseN/A
Volume45.35K
Average Volume (3M)784.90K
Market Cap
£1.18B
Enterprise Value1.12B
Total Cash (Recent Filing)£6.51M
Total Debt (Recent Filing)£0.00
Price to Earnings (P/E)22.6
Beta0.75
Next Earnings
May 27, 2025EPS Estimate
9.7Last Dividend Ex-Date
Nov 07, 2024Dividend Yield1.91%
Share Statistics
EPS (TTM)0.22
Shares Outstanding241,068,270
10 Day Avg. Volume682,800
30 Day Avg. Volume784,900
Financial Highlights & Ratios
PEG Ratio1.29
Price to Book (P/B)N/A
Price to Sales (P/S)5.78
Price to Cash Flow (P/CF)32.00
P/FCF Ratio35.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
581.25pPrice Target Upside19.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
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Bytes Technology Group Plc News
PremiumCompany Announcements
Coronation Fund Managers Adjusts Stake in Bytes Technology Group
PremiumCompany Announcements
Bytes Technology Group Announces Total Voting Rights
PremiumCompany Announcements
Coronation Fund Managers Increases Stake in Bytes Technology Group
PremiumCompany Announcements
Bytes Technology Group Achieves Record Financial Growth in FY25
PremiumCompany Announcements
Bytes Technology Group Announces Total Voting Rights
PremiumCompany Announcements
Coronation Fund Managers Increases Stake in Bytes Technology Group
PremiumCompany Announcements
Bytes Technology Sees Increased Stake from Coronation Fund Managers---
Bulls Say, Bears Say
Bulls Say
EarningsAdj. EBIT was in line with the trading update and slightly ahead of consensus at £38.5mn, showing approximately 13.5% growth year over year.
Financial PerformanceThe recent trading update pointed to far better than expected trading, with Bytes shaking off macro and changing MSFT commission fears.
Financial PositionCash flow dynamics were in line with prior years' seasonality, with the net cash position coming at £71.5m.
Bears Say
Customer RetentionThe customer renewal rate trended down.
Growth ForecastGrowth at Bytes has always been volatile and one good period doesn't necessarily de-risk the future.
Market VisibilityWith MSFT changes needing to annualise and the UK macro remaining soft, current visibility remains low.
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Options Prices
Currently, No data available
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Ownership Overview
0.09% Insiders
7.35%
Mutual Funds
― Other Institutional Investors
86.57% Public Companies and
Individual Investors
BYIT FAQ
What was Bytes Technology Group Plc’s price range in the past 12 months?
Bytes Technology Group Plc lowest share price was 400.00p and its highest was 610.00p in the past 12 months.
What is Bytes Technology Group Plc’s market cap?
Bytes Technology Group Plc’s market cap is £1.18B.
When is Bytes Technology Group Plc’s upcoming earnings report date?
Bytes Technology Group Plc’s upcoming earnings report date is May 27, 2025 which is in 41 days.
How were Bytes Technology Group Plc’s earnings last quarter?
Bytes Technology Group Plc released its earnings results on Oct 15, 2024. The company reported 0.122p earnings per share for the quarter, beating the consensus estimate of N/A by 0.122p.
Is Bytes Technology Group Plc overvalued?
According to Wall Street analysts Bytes Technology Group Plc’s price is currently Undervalued.
Does Bytes Technology Group Plc pay dividends?
Bytes Technology Group Plc pays a Annually dividend of 17.797p which represents an annual dividend yield of 1.91%. See more information on Bytes Technology Group Plc dividends here
What is Bytes Technology Group Plc’s EPS estimate?
Bytes Technology Group Plc’s EPS estimate is 9.7.
How many shares outstanding does Bytes Technology Group Plc have?
Bytes Technology Group Plc has 241,068,270 shares outstanding.
What happened to Bytes Technology Group Plc’s price movement after its last earnings report?
Bytes Technology Group Plc reported an EPS of 0.122p in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -3.934%.
Which hedge fund is a major shareholder of Bytes Technology Group Plc?
Currently, no hedge funds are holding shares in GB:BYIT
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Bytes Technology Group Plc Stock Smart Score
Outperform
1
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4
5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
581.25p (19.11% Upside)
581.25p (19.11% Upside)
Insider Transactions
Bought Shares
Worth £31.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.89%
12-Months-Change
Fundamentals
Return on Equity
75.46%
Trailing 12-Months
Asset Growth
15.67%
Trailing 12-Months
Company Description
Bytes Technology Group Plc
Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services. It also offers IT consulting and support services, including IT deployment and training. The company sells its products and services under the Bytes Software Services and Phoenix brands. It serves small- and medium-sized businesses, enterprises, and public sector organizations. The company was founded in 1982 and is headquartered in Leatherhead, the United Kingdom.
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BYIT Stock 12 Month Forecast
Average Price Target
581.25p
▲(19.11% Upside)
Technical Analysis
Best Analysts Covering BYIT
1 Year
1 Year Success Rate
1/2 ratings generated profit
1 Year Average Return
+1.30%
reiterated a buy rating 28 days ago
Copying Rahul Chopra's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +1.30% per trade.
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