LON:BYIT Bytes Technology Group (BYIT) Share Price, News & Analysis → This military-backed stock “owns” AI market (From Porter & Company) (Ad) Free BYIT Stock Alerts GBX 558.50 -13.00 (-2.27%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range 555▼ 58850-Day Range 477.20▼ 603.5052-Week Range 452.60▼ 665Volume1.19 million shsAverage Volume677,428 shsMarket Capitalization£1.34 billionP/E Ratio2,939.47Dividend Yield1.61%Price TargetGBX 644 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Bytes Technology Group alerts: Email Address Ad Wealthpin ProTrump’s Gift Could Unleash $51 Billion in New WealthIn January 2021, Donald Trump silently rolled out a special gift to the American public… One that top house republicans called “The Key To America’s Economic Future”.You just have to make this simple move before July 30, 2024. About Bytes Technology Group Stock (LON:BYIT)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.Read More BYIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BYIT Stock News HeadlinesMay 25, 2024 | msn.comBytes Technology Group plc Announces Positive Financial Results and Dividend IncreasesMay 25, 2024 | finance.yahoo.comBytes Technology Group Full Year 2024 Earnings: EPS Beats ExpectationsMay 24, 2024 | lse.co.ukBytes Tech Share ChatMay 23, 2024 | msn.comBytes Technology raises dividend as it looks to turn page on scandalMay 23, 2024 | americanbankingnews.comBytes Technology Group (LON:BYIT) Shares Up 3.2%May 18, 2024 | msn.comBytes Technology Group Reports Major Shareholding Change by Coronation Fund ManagersMay 18, 2024 | msn.comBytes Technology Group Completes Investigation Into Former CEO's Share DealingsApril 27, 2024 | wsj.comBytes Technology Group PLCApril 17, 2024 | msn.comBytes Technology Group Reports Shift in Voting Rights by Capital Group CompaniesApril 13, 2024 | msn.comBytes Technology Group Sees Significant Shareholding Increase by Coronation Fund ManagersApril 4, 2024 | msn.comBytes Technology Group Announces Total Voting RightsMarch 20, 2024 | msn.comBytes Technology Group Reports Double-Digit Growth in Full Year Trading UpdateMarch 19, 2024 | msn.comBytes ex-CEO secretly ‘dabbles’ in company sharesMarch 19, 2024 | finance.yahoo.comHere's Why We Think Bytes Technology Group (LON:BYIT) Might Deserve Your Attention TodayMarch 18, 2024 | marketwatch.comBytes Technology Shares Dive on Ex-Boss's Stock TradesMarch 18, 2024 | uk.investing.comLondon's FTSE 100 inches up on oil boost; inflation data eyedMarch 18, 2024 | lse.co.ukLONDON MARKET OPEN: Marshalls downgrades outlook on earnings hitMarch 18, 2024 | lse.co.ukBytes to probe former CEO, as finds further undisclosed share salesMarch 18, 2024 | msn.com‘Saddened and shocked’: Bytes Technology launches probe into 100 secret dealings of former chiefMarch 15, 2024 | msn.comBytes Technology Group Acknowledges Late Notification of Insider TransactionsMarch 3, 2024 | msn.comBytes Technology Group Announces Total Voting Rights UpdateMarch 3, 2024 | msn.comBytes Technology Group Reports Increased Holdings by Public Investment CorporationMarch 1, 2024 | morningstar.comBytes Technology Group PLC Ordinary Shares BYITMarch 1, 2024 | msn.comBytes Technology Group plc Experiences Significant Shareholding ChangeFebruary 21, 2024 | reuters.comBytes Technology shares plunge as CEO resignsSee More Headlines Receive BYIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bytes Technology Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeLON SectorComputer and Technology Industry Software - Infrastructure Sub-IndustryN/A Current SymbolLON:BYIT CUSIPN/A CIKN/A Webwww.bytes.co.uk Phone44 1372 418 500FaxN/AEmployees930Year FoundedN/APrice Target and Rating Average Stock Price TargetGBX 644 High Stock Price TargetGBX 650 Low Stock Price TargetGBX 638 Potential Upside/Downside+15.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.19 Trailing P/E Ratio2,939.47 Forward P/E Ratio50.57 P/E Growth2.27Net Income£46.85 million Net Margins22.63% Pretax MarginN/A Return on Equity67.01% Return on Assets10.12% Debt Debt-to-Equity Ratio3.50 Current Ratio1.08 Quick Ratio0.98 Sales & Book Value Annual Sales£207.02 million Price / Sales6.48 Cash FlowGBX 20.94 per share Price / Cash Flow26.67 Book ValueGBX 15 per share Price / Book37.23Miscellaneous Outstanding Shares240,360,000Free FloatN/AMarket Cap£1.34 billion OptionableNot Optionable Beta0.67 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Andrew John Holden (Age 57)CFO, COO & Executive Director Comp: $630.32kMs. Sam Mudd (Age 55)Phoenix MD, Interim CEO & Executive Director Paul EmmsDirector of Group FinanceMr. Jack Watson (Age 40)Managing Director of Bytes Software Services Ms. Lisa PrickettGroup Sustainability ManagerMr. Willem Karel Groenewald (Age 57)Company Secretary More ExecutivesKey CompetitorsDarktraceLON:DARKNetwork InternationalLON:NETWSpirent CommunicationsLON:SPTBokuLON:BOKUW.A.G payment solutionsLON:WPSView All CompetitorsInsidersSam MuddBought 4,590 shares on 12/21/2023Total: £2.75 M ($599.00/share)Neil MurphyBought 54,000 shares on 11/27/2023Total: £29.97 M ($555.00/share)Mike PhillipsSold 54,074 sharesTotal: £29.36 M ($543.00/share)Neil MurphySold 950,000 sharesTotal: £47.50 M ($50.00/share)View All Insider Transactions BYIT Stock Analysis - Frequently Asked Questions Should I buy or sell Bytes Technology Group stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bytes Technology Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BYIT shares. View BYIT analyst ratings or view top-rated stocks. What is Bytes Technology Group's stock price target for 2024? 2 analysts have issued 12 month price targets for Bytes Technology Group's shares. Their BYIT share price targets range from GBX 638 to GBX 650. On average, they anticipate the company's stock price to reach GBX 644 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price. View analysts price targets for BYIT or view top-rated stocks among Wall Street analysts. How have BYIT shares performed in 2024? Bytes Technology Group's stock was trading at GBX 612 on January 1st, 2024. Since then, BYIT stock has decreased by 8.7% and is now trading at GBX 558.50. View the best growth stocks for 2024 here. How often does Bytes Technology Group pay dividends? What is the dividend yield for Bytes Technology Group? Bytes Technology Group declared a dividend on Thursday, May 23rd. Stockholders of record on Thursday, July 18th will be paid a dividend of GBX 14.70 per share on Friday, August 2nd. This represents a dividend yield of 2.58%. The ex-dividend date of this dividend is Thursday, July 18th. This is an increase from the stock's previous dividend of GBX 2.70. The official announcement can be accessed at this link. Read our dividend analysis for BYIT. Is Bytes Technology Group a good dividend stock? Bytes Technology Group (LON:BYIT) pays an annual dividend of GBX 9 per share and currently has a dividend yield of 1.48%. The dividend payout ratio is 4,736.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for BYIT. How do I buy shares of Bytes Technology Group? Shares of BYIT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.Compare Top Brokerages Here. This page (LON:BYIT) was last updated on 6/2/2024 by MarketBeat.com Staff From Our PartnersTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProThe #1 Crypto That You Don’t Own… YetCrypto 101 MediaBiden replacement revealed?Paradigm PressBiden Nomination CANCELED?The Freeport SocietyNvidia has Apple and Microsoft within striking rangeWeiss RatingsLEAKED: Jeff Bezos' $330 Million GambleBehind the MarketsWarren Buffett, Jeff Bezos, Michael Bloomberg, & 48 Members of Congress Are Buying ONE Sector…InvestorPlaceExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Bytes Technology Group plc Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
