We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now


It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BYIT Bytes Technology Group Plc

-4.00 (-0.73%)
28 Nov 2023 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bytes Technology Group Plc LSE:BYIT London Ordinary Share GB00BMH18Q19 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -4.00 -0.73% 547.50 219,280 16:35:10
Bid Price Offer Price High Price Low Price Open Price
545.00 555.00 555.00 545.00 553.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Prepackaged Software 184.42M 40.42M 0.1688 32.46 1.31B
Last Trade Time Trade Type Trade Size Trade Price Currency
17:46:54 O 2,952 555.00 GBX

Bytes Technology (BYIT) Latest News (3)

Smart Money!
BYIT is a large holding in the following funds:
 Fund  Percentage of Fund  Last Updated 

Bytes Technology (BYIT) Discussions and Chat

Bytes Technology Forums and Chat

Date Time Title Posts
25/10/202310:39Bytes Technology plc34

Add a New Thread

Bytes Technology (BYIT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-11-28 17:47:14555.002,95216,383.60O
2023-11-28 17:32:08552.062,90216,020.78O
2023-11-28 17:32:08552.8119105.03O
2023-11-28 17:26:43547.778824,831.32O
2023-11-28 17:26:27550.953461,906.27O

Bytes Technology (BYIT) Top Chat Posts

Top Posts
Posted at 28/11/2023 08:20 by Bytes Technology Daily Update
Bytes Technology Group Plc is listed in the Prepackaged Software sector of the London Stock Exchange with ticker BYIT. The last closing price for Bytes Technology was 551.50p.
Bytes Technology currently has 239,482,333 shares in issue. The market capitalisation of Bytes Technology is £1,312,363,185.
Bytes Technology has a price to earnings ratio (PE ratio) of 32.46.
This morning BYIT shares opened at 553.50p
Posted at 25/10/2023 07:34 by faz
Good figures, bear market otherwise the share price would be much higher imo
Posted at 30/6/2023 20:38 by adthorn
Posted at 30/6/2023 20:37 by adthorn
Posted at 23/3/2023 23:03 by boozey
thanks again Tole. We need the ftse 250 to stage a recovery to support price improvement here.
Posted at 23/3/2023 06:25 by tole
Numis upgrades Bytes Technology, notes 'strong rebound' in 2H cash conversionBy Sharecast NewsSharecast News | 22 Mar, 2023Analysts at Numis upgraded their recommendation for shares of Bytes Technology from 'add' to 'buy' after the software reseller guided towards full-year operating earnings ahead of their expectations.Adjusted earnings before interest and taxes were seen growing by roughly 20% or two percentage points quicker than Numis had estimated.In particular, the analysts noted the "strong rebound" in cash conversion, which saw Bytes end the second half with approximately £73m of cash on hand an no debt (Numis: £60.7m)."At a time when investors are sensitive to changes in the demand landscape, it is reassuring to see the group continue to see healthy demand levels across both private and public companies," they said in a research note sent to clients."At 375p, the shares are trading on Feb'24 EV/NOPAT of 18.3x, supported by a 4% FCF yield, which we believe is attractive given its growth."Numis kept its target price for the shares at 500.0p.
Posted at 23/3/2023 05:39 by tole
Liberum: Bytes offers value and tech exposureComputer software reseller Bytes Technology (BYIT) is offering 'reasonable value' as well as providing investors with exposure to Microsoft and cybersecurity, says Liberum.Analyst Andrew Ripper reiterated his 'buy' recommendation and target price of 550p on the stock, which rose 1.9%, or 6.9p, to 382.5p on Wednesday.'Bytes is a leading UK value-added reseller which offers investors a way to gain exposure to Microsoft, cybersecurity, and other software vendors, which have good structural growth and pricing power,' he said.A year-end update from the group indicated that 'trading has been better than we and consensus expected, beating the fade in the second half', Ripper added, leading him to update hit profit and loss estimates by 3-4%.'The shares trade on current year 2023 enterprise value/ebitda of 14 times and a free cashflow yield of 5%, which we think is reasonable value for 13% three-year ebitda compound annual growth rate, with scope to return surplus capital via special dividends,' he concluded
Posted at 26/10/2022 13:54 by skyracer
Not holder. Just a brief look. This is a £1bn business. "growing our share of wallet", what sort of spivvy remark is this to appear in a large plc accounts ?
Posted at 04/5/2022 10:28 by mbds01
Does anyone any background as to why the prolonged shared price drop over the last few weeks, especially following a positive statement.
Posted at 23/3/2022 12:41 by km18
Bytes Technology Group issued a trading update a few days ago. Bytes enjoyed another upbeat year with results ahead of expectations. The Group recorded double-digit growth throughout the year in its three key financial performance metrics, with accelerated growth in the second half of the year. Gross Invoiced Income increased more than 26% to around £1.2 billion, Gross Profit growth was approximately 20% and Adjusted Operating Profit growth was around 23%. The business has a history of solid growth and that growth is profitable, profitability ratios are impressive for the sector. Valuation looks unhelpful with forward PE ratio over 30 a little expensive even for Software & IT Services sector. But the PS ratio at 2.75 is a little more favourable, while the balance sheet is healthy and the share price had momentum before the Q1 market sell-off. BUY...

...from WealthOracleAM
Posted at 25/1/2022 19:45 by scobak
Seems a simple company to understand. Now looking to get in on this price pullback.
My only concern is the high P/E of around 50. Is that likely to be wrong as we head towards next year or is there some valuation issue?
Bytes Technology share price data is direct from the London Stock Exchange

Your Recent History

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 |