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Bytes Technology Group Plc (DE:9NY)
FRANKFURT:9NY
RESEARCH TOOLSreports
Bytes Technology Group Plc (9NY) Stock Price & Analysis
0 Followers
9NY Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€4.45 - €7.80
Previous Close€5.75
Volume0.00
Average Volume (3M)453.00
Market Cap
€1.42B
Enterprise Value€1.33B
Total Cash (Recent Filing)£73.02M
Total Debt (Recent Filing)£992.00K
Price to Earnings (P/E)27.2
Beta0.78
Next Earnings
May 21, 2024EPS EstimateN/A
Last Dividend Ex-Date
Nov 16, 2023Dividend Yield1.54%
Share Statistics
EPS (TTM)0.21
Shares Outstanding239,482,333
10 Day Avg. Volume0
30 Day Avg. Volume453
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)14.10
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€7.21Price Target Upside25.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Bytes Technology Group Plc News
PremiumCompany Announcements
Bytes Technology Group Sees Shift in Major Holdings
PremiumCompany Announcements
Bytes Technology Group Confirms New Leadership
PremiumCompany Announcements
Bytes Technology Stake Drops Below 5%
PremiumCompany Announcements
Bytes Technology Group Announces Voting RightsBulls Say, Bears Say
Bulls Say
Demand StabilityManagement attributed unchanged resilient demand for software across both public and private sectors.
Earnings GrowthBytes's full year trading update indicates the company ended the year strongly and comfortably delivered on its double-digit growth target.
Financial PerformanceFY24 gross profit and adj. operating profits are expected to exceed 12%, implying a continuation of around mid-teens growth run rate.
Bears Say
Growth ForecastAnalyst trims growth forecast to reflect lower growth exit run rate which could be a concern for investors.
Management UncertaintyOngoing ex-CEO investigation and lack of updates on the new CEO search add uncertainties that may affect investor confidence.
Product PotentialCompany commentary around AI/Copilot suggests limited forecast upside, potentially capping share price performance.
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Options Prices
Currently, No data available
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Ownership Overview
3.42% Insiders
12.60% Mutual Funds
4.64% Other Institutional Investors
79.34% Public Companies and
Individual Investors
9NY FAQ
What was Bytes Technology Group Plc’s price range in the past 12 months?
Bytes Technology Group Plc lowest stock price was €4.45 and its highest was €7.80 in the past 12 months.
What is Bytes Technology Group Plc’s market cap?
Currently, no data Available
When is Bytes Technology Group Plc’s upcoming earnings report date?
Bytes Technology Group Plc’s upcoming earnings report date is May 21, 2024 which is in 6 days.
How were Bytes Technology Group Plc’s earnings last quarter?
Bytes Technology Group Plc released its earnings results on Oct 25, 2023. The company reported €0.136 earnings per share for the quarter, beating the consensus estimate of N/A by €0.136.
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 €0.03 which represents an annual dividend yield of 1.54%. 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 for its next earnings report is not yet available.
How many shares outstanding does Bytes Technology Group Plc have?
Bytes Technology Group Plc has 240,361,240 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 €0.136 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -6.411%.
Which hedge fund is a major shareholder of Bytes Technology Group Plc?
Currently, no hedge funds are holding shares in DE:9NY
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Bytes Technology Group Plc Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€7.21 (25.34% Upside)
€7.21 (25.34% Upside)
Insider Transactions
Sold Shares
Worth £22.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
23.69%
12-Months-Change
Fundamentals
Return on Equity
83.16%
Trailing 12-Months
Asset Growth
13.27%
Trailing 12-Months
Company Description
Bytes Technology Group Plc
Bytes Technology Group PLC provides IT solutions & services, offering software, hardware and cloud services. It enables effective and cost-efficient technology sourcing, adoption and management across software, security and cloud services. The company's brands include Bytes Software Services (BSS) & Phoenix Software. It generates a majority of its revenue from Software.
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9NY Stock 12 Month Forecast
Average Price Target
€7.21
▲(25.34% Upside)
Technical Analysis
Best Analysts Covering 9NY
1 Year
1 Year Success Rate
2/4 ratings generated profit
1 Year Average Return
-2.08%
reiterated a buy rating 3 months ago
Copying James Zaremba'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 -2.08% per trade.
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