Bytes Technology Group (BYIT) Share Price, News & Analysis

Company Overview

With a 40-year track record, Bytes Technology Group is one of the UK’s leading providers of software, security and cloud services. We enable effective and cost-efficient technology sourcing, adoption and management across software, security, hardware and cloud services. Our strong relationships with many of the world’s largest software companies enable our specialist staff to deliver the latest technology to a diverse and embedded customer base. This has resulted in our long track record of strong financial performance. Learn more at Bytesplc.com

Key Stats

• Today's Range: 490.20 to 500
• 50-Day Range: 405 to 501
• 52-Week Range: 400 to 610
• Volume: 528,423 shs
• Average Volume: 1.32 million shs
• Market Capitalization: £1.21 billion
• P/E Ratio: 23.18
• Dividend Yield: 1.80%
• Price Target: GBX 660
• Consensus Rating: Buy

BYIT Stock Analysis - Frequently Asked Questions

How have BYIT shares performed this year?

Bytes Technology Group's stock was trading at GBX 422.60 on January 1st, 2025. Since then, BYIT stock has increased by 18.0% and is now trading at GBX 498.80.
View the best growth stocks for 2025 here.

How were Bytes Technology Group's earnings last quarter?

Bytes Technology Group plc (LON:BYIT) posted its earnings results on Tuesday, October, 15th. The company reported $12.67 earnings per share (EPS) for the quarter. Bytes Technology Group had a trailing twelve-month return on equity of 66.59% and a net margin of 25.47%.
Read the conference call transcript.

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.

What other stocks do shareholders of Bytes Technology Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bytes Technology Group investors own include Prudential (PRU), ASOS (ASC), AstraZeneca (AZN), AutoZone (AZO), Babcock International Group (BAB), boohoo group (BOO) and Centamin (CEY).

Company Calendar

• Last Earnings: 10/15/2024
• Today: 4/20/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Computer and Technology
• Industry: Software - Infrastructure
• Sub-Industry: N/A
• Current Symbol: LON:BYIT
• CIK: N/A
• Web: www.bytes.co.uk
• Phone: 44 1372 418 500
• Fax: N/A
• Employees: 930
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 660
• High Stock Price Target: GBX 660
• Low Stock Price Target: GBX 660
• Potential Upside/Downside: +32.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 21.52
• Trailing P/E Ratio: 23.18
• Forward P/E Ratio: 43.96
• P/E Growth: 2.27
• Net Income: £52.30 million
• Net Margins: 25.47%
• Pretax Margin: N/A
• Return on Equity: 66.59%
• Return on Assets: 10.12%

Debt

• Debt-to-Equity Ratio: 0.67
• Current Ratio: 1.09
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: £205.34 million
• Price / Sales: 5.88
• Cash Flow: GBX 18.70 per share
• Price / Cash Flow: 26.67
• Book Value: GBX 32.30 per share
• Price / Book: 15.44

Miscellaneous

• Outstanding Shares: 242,050,765
• Free Float: N/A
• Market Cap: £1.21 billion
• Optionable: Not Optionable
• Beta: 0.65