Baytex Energy Corp (NYSE:BTE) at last check was buoying at $2.98 on current market day with a fall of -4.18% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $3.11 and 5Y monthly beta was reading 2.572 with its price kept floating in the range of $2.97 and $3.09 on the day. Considering stock’s 52-week price range provides that BTE hit a high price of $4.10 and saw its price falling to a low level of $2.78 during that period. Over a period of past 1-month, stock came subtracting -8.02% in its value.
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With its current market valuation of $3.25 billion, Baytex Energy Corp is set to declare its quarterly results on 2025-Feb-26. BTE Stock’s Forward Dividend of 0.07 and its yield of 2.22% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of 0.08 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.32 for current year with estimates of that growing to 0.32 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 724.71M. They suggested that in the process company could generate revenue of as low as 724.71M which could climb up to 724.71M to hit a high. The average estimate is representing an increase of 17.90% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 2.22B in current fiscal year, which will be 11.20% more from revenue generated by the company last year.
In contrast, when we review BTE stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 100% Sell for it.
According to ratings assigned by 2 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 1 of them are recommending Baytex Energy Corp (BTE) as a Hold, while 1 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the BTE stock which is currently positioned at 0. It further provides that stock’s current price level is 0.71% away from its 20-day simple moving average and is -2.84% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 47.46 while volatility remained at 3.91% over the past week which changes to 3.03% when measuring it over the past month. Beta is valued at 1.77, while measure of average true range or ATR is currently at 0.12.
Having a second look at Baytex Energy Corp (NYSE:BTE) provides that stock’s average daily trading volume for 3 months was 11.31 million, while it jumped to 13637390 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 821.68 million.
The percentage of outstanding shares held by the insiders is 13.38% while it is 25.97% for the institutional holders. In October the standing of shares short improved as it was 46.5 million in the previous month. Subtraction of -10.24% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
