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BYIT Stock Chart & Stats
413.80 p
-4.66 p(-1.12%)
At close: 4:00 PM EDT
413.80 p
-4.66 p(-1.12%)
Day’s Range― - ―
52-Week Range248.60 p - 473.00 p
Previous CloseN/A
Volume197.09K
Average Volume (3M)836.45K
Market Cap
£1.02B
Enterprise Value643.15 p
Total Cash (Recent Filing)£98.65M
Total Debt (Recent Filing)£1.98M
Price to Earnings (P/E)20.8
Beta0.77
Next Earnings
Oct 13, 2026EPS Estimate
0.12Next Dividend Ex-DateN/A
Dividend Yield2.3%
Share Statistics
EPS (TTM)0.21
Shares Outstanding230,098,790
10 Day Avg. Volume1,037,176
30 Day Avg. Volume836,450
Financial Highlights & Ratios
PEG Ratio-1.66
Price to Book (P/B)8.96
Price to Sales (P/S)3.30
P/FCF Ratio12.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£438.33Price Target Upside5.93% Upside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)0.22
Revenue Forecast (FY)£248.37M
Bulls Say, Bears Say
Bulls Say
Strong Revenue And Profit GrowthRapid revenue expansion alongside robust net income indicates strong customer demand and effective execution across software, cloud, hardware, and services. If sustained, this growth can broaden the customer base, support reinvestment, and strengthen Bytes’ position with enterprise and public-sector buyers.
Very Low LeverageThe very low debt burden gives Bytes substantial financial flexibility and reduces exposure to interest costs or refinancing pressure. A conservative balance sheet can support investment in growth, withstand weaker trading periods, and preserve capacity for shareholder distributions or strategic initiatives.
Consistently Positive Cash GenerationStrong conversion of earnings into operating and free cash flow supports the quality of reported profits and gives Bytes internally generated funds for investment, distributions, and working-capital needs. This cash-generative model is a durable advantage for a recurring software and cloud services provider.
Bears Say
Volatile Free Cash Flow GrowthAlthough cash generation remains positive, uneven year-to-year free cash flow growth reduces predictability for capital allocation and shareholder returns. The volatility may reflect changing working-capital timing or conversion dynamics, making near-term cash planning less dependable despite strong underlying generation.
2026 Equity DeclineThe reduction in equity while assets continued to grow indicates a less straightforward balance-sheet progression and may reflect distributions or other movements not detailed in the financial summary. This warrants monitoring because it could reduce the cushion supporting future expansion or resilience.
Negative EPS GrowthNegative EPS growth suggests that per-share earnings have not kept pace with the company’s broader operating expansion. If this persists, it could indicate pressure from profitability, share-count, or other earnings-per-share dynamics and would weaken the translation of revenue growth into shareholder-level earnings.
BYIT FAQ
What was Bytes Technology Group Plc’s price range in the past 12 months?
Bytes Technology Group Plc lowest share price was 248.60 p and its highest was 473.00 p in the past 12 months.
What is Bytes Technology Group Plc’s market cap?
Bytes Technology Group Plc’s market cap is £1.02B.
When is Bytes Technology Group Plc’s upcoming earnings report date?
Bytes Technology Group Plc’s upcoming earnings report date is Oct 13, 2026 which is in 11 days.
How were Bytes Technology Group Plc’s earnings last quarter?
Bytes Technology Group Plc released its earnings results on May 12, 2026. The company reported 0.094 p earnings per share for the quarter, beating the consensus estimate of 0.093 p by 0.001 p.
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 7 p which represents an annual dividend yield of 2.3%. 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 0.12.
How many shares outstanding does Bytes Technology Group Plc have?
Bytes Technology Group Plc has 230,098,790 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 0.094 p in its last earnings report, beating expectations of 0.093 p. Following the earnings report the stock price went up 4.403%.
Which hedge fund is a major shareholder of Bytes Technology Group Plc?
Currently, no hedge funds are holding shares in GB:BYIT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Bytes Technology Group Plc Stock Smart Score
Neutral
1
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3
4
5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
£438.33 (5.93% Upside)
£438.33 (5.93% Upside)
Insider Transactions
Bought Shares
Worth £519.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.81%
12-Months-Change
Fundamentals
Return on Equity
2.30%
Trailing 12-Months
Asset Growth
4.15%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Bytes Technology Group Plc
Bytes Technology Group Plc engages in the provision of IT software offerings and solutions. operates through the following segments: Software, IT Services, and Hardware. The Software segment sells cloud software. The IT services segment includes IT-managed services around a wide range of vendor technologies, including for security offerings. The Hardware segment offers IT hardware. The company was founded in 1982 and is headquartered in Leatherhead, the United Kingdom.
BYIT Stock 12 Month Forecast
Average Price Target
438.33 p
▲(5.93% Upside)
Technical Analysis
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