In recent trading session, Baytex Energy Corp (NYSE:BTE) saw 6.7 million shares changing hands at last check today with its beta currently measuring 1.77. Company’s recent per share price level of $3.40 trading at -$0.27 or -7.36% at last check today assigns it a market valuation of $2.75B. That most recent trading price of BTE’s stock is at a discount of -36.76% from its 52-week high price of $4.65 and is indicating a premium of 14.12% from its 52-week low price of $2.92. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 11.79 million shares which gives us an average trading volume of 9.23 million if we extend that period to 3-months.
For Baytex Energy Corp (BTE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.60. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
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Baytex Energy Corp (NYSE:BTE) trade information
Upright in the red during last session for losing -7.36%, in the last five days BTE remained trading in the red while hitting it’s week-highest on Monday, 07/22/24 when the stock touched $3.40 price level, adding 9.09% to its value on the day. Baytex Energy Corp’s shares saw a change of 2.41% in year-to-date performance and have moved -8.36% in past 5-day. Baytex Energy Corp (NYSE:BTE) showed a performance of 0.59% in past 30-days. Number of shares sold short was 34.19 million shares which calculate 4.14 days to cover the short interests.
Baytex Energy Corp (BTE) estimates and forecasts
Statistics highlight that Baytex Energy Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company added 6.25% of value to its shares in past 6 months, showing an annual growth rate of -32.65% while that of industry is -1.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.24% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 230.77% while estimates for its earnings growth in next 5 years are of 18.20%.
BTE Dividends
With an annual yield of 1.96%, the share has a forward dividend of 0.07 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 9.86%.
Baytex Energy Corp (NYSE:BTE)’s Major holders
Insiders are in possession of 0.81% of company’s total shares while institution are holding 39.26 percent of that, with stock having share float percentage of 39.58%. Investors also watch the number of corporate investors in a company very closely, which is 39.26% institutions for Baytex Energy Corp that are currently holding shares of the company.
