In last trading session, Baytex Energy Corp (NYSE:BTE) saw 13.84 million shares changing hands with its beta currently measuring 1.75. Company’s recent per share price level of $2.91 trading at -$0.02 or -0.68% at ring of the bell on the day assigns it a market valuation of $2.34B. That closing price of BTE’s stock is at a discount of -59.79% from its 52-week high price of $4.65 and is indicating a premium of 2.06% from its 52-week low price of $2.85. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 13.56 million shares which gives us an average trading volume of 11.70 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 1.73. 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. The company is expected to be making an EPS of 0.23 in the current quarter.

Baytex Energy Corp (NYSE:BTE) trade information

Upright in the red during last session for losing -0.68%, in the last five days BTE remained trading in the red while hitting it’s week-highest on Monday, 10/14/24 when the stock touched $2.91 price level, adding 8.78% to its value on the day. Baytex Energy Corp’s shares saw a change of -12.35% in year-to-date performance and have moved -9.63% in past 5-day. Baytex Energy Corp (NYSE:BTE) showed a performance of -7.03% in past 30-days. Number of shares sold short was 55.89 million shares which calculate 5.43 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 lost -19.83% of value to its shares in past 6 months, showing an annual growth rate of -36.73% while that of industry is -23.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 40.30% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 771.62M for the same. And 1 analysts are in estimates of company making revenue of 710.59M in the next quarter. Company posted 866.56M and 614.5M of sales in current and next quarters respectively a year earlier.

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 263.59% while estimates for its earnings growth in next 5 years are of 18.20%.

BTE Dividends

Baytex Energy Corp is more likely to be releasing its next quarterly report on 2024-Oct-31 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.28%, 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 0.83% of company’s total shares while institution are holding 40.46 percent of that, with stock having share float percentage of 40.80%. Investors also watch the number of corporate investors in a company very closely, which is 40.46% institutions for Baytex Energy Corp that are currently holding shares of the company.