During the recent session, Baytex Energy Corp (NYSE:BTE)’s traded shares were 1.97 million, with the beta value of the company hitting 1.83. At the last check today, the stock’s price was $3.86, reflecting an intraday loss of -1.15% or -$0.04. The 52-week high for the BTE share is $4.65, that puts it down -20.47 from that peak though still a striking 25.13% gain since the share price plummeted to a 52-week low of $2.89. The company’s market capitalization is $3.17B, and the average trade volume was 9.87 million shares over the past three months.
Baytex Energy Corp (NYSE:BTE) trade information
Baytex Energy Corp (BTE) registered a -1.15% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.15% in intraday trading to $3.86, hitting a weekly high. The stock’s 5-day price performance is 6.20%, and it has moved by 10.14% in 30 days. Based on these gigs, the overall price performance for the year is 7.08%.
Baytex Energy Corp (BTE) estimates and forecasts
Statistics show that Baytex Energy Corp has outperformed its competitors in share price, compared to the industry in which it operates. Baytex Energy Corp (BTE) shares have gone down -11.18% during the last six months, with a year-to-date growth rate more than the industry average at 6.12% against 1.90. In the rating firms’ projections, revenue will increase 10.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 673.6M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 693.95M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 420.67M and 441.06M respectively. In this case, analysts expect current quarter sales to grow by 60.10% and then jump by 57.30% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 19.24%. While earnings are projected to return 320.58% in 2024, the next five years will return 18.20% per annum.
BTE Dividends
Baytex Energy Corp is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Baytex Energy Corp is 0.05, with the dividend yield indicating at 1.30 percent, continuing the trend of increasing dividends in recent years.
