The trading price of Baytex Energy Corp (NYSE:BTE) closed higher on current market day and closing at $2.22, 1.37% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $2.2 and $2.25. The company’s P/E ratio in the trailing 12-month period was 10.36, while its 5Y monthly beta was 2.529. In examining the 52-week price action we see that the stock hit a 52-week high of $4.08 and a 52-week low of $1.90. Over the past month, the stock has lost -8.64% in value.
Baytex Energy Corp, whose market valuation is $1.72 billion at the time of this writing, is expected to release its quarterly earnings report on 2025-Mar-03. The dividend yield on the company stock is 2.90%, while its Forward Dividend ratio is 0.06. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.12 per share this quarter, however they have predicted annual earnings per share of 0.36 for current year and 0.22 for next year.
Analysts have forecast the company to bring in revenue of 927.1M for the current quarter, with the likely lows of 927.1M and highs of 927.1M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 3.38B.
On the technical side, indicators suggest BTE has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned BTE a recommendation rating is 2. Out of them, 1 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Baytex Energy Corp (BTE) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that BTE’s price is currently 4.57% off the SMA20 and -6.19% off the SMA50. The RSI metric on the 14-day chart is currently showing 50.41, and weekly volatility stands at 3.69%. When measured over the past 30 days, the indicator reaches 5.28%. Baytex Energy Corp (NYSE:BTE)’s beta value is currently sitting at 1.13, while the Average True Range indicator is currently displaying 0.10.
To see how Baytex Energy Corp stock has been performing in comparison to its peers in the industry, here are the numbers: BTE stock’s performance was 1.37% in the latest trading, and -37.29% in the past year. Baytex Energy Corp has a P/E ratio of 10.36.
An evaluation of the daily trading volume of Baytex Energy Corp (NYSE:BTE) indicates that the 3-month average is 32.99 million. However, this figure has increased over the past 10 days to an average of 45.81.
Currently, records show that 773.59 million of the company’s shares remain outstanding. The insiders hold 13.51% of outstanding shares, whereas institutions hold 26.40%. The stats also highlight that short interest as of 2025-02-28, stood at 38.39 million shares, resulting in a short ratio of 1.14 at that time. It is noteworthy that short shares in February were down slightly from the previous month’s figure, which was 41.95 million. However, since the stock’s price has seen -13.95% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
