In the latest trading session, 5.04 million Baytex Energy Corp (NYSE:BTE) shares changed hands as the company’s beta touched 1.70. With the company’s most recent per share price at $2.72 changing hands around $0.02 or 0.74% at last look, the market valuation stands at $2.14B. BTE’s current price is a discount, trading about -50.0% off its 52-week high of $4.08. The share price had its 52-week low at $2.19, which suggests the last value was 19.49% up since then. When we look at Baytex Energy Corp’s average trading volume, we note the 10-day average is 20.02 million shares, with the 3-month average coming to 13.04 million.
Analysts gave the Baytex Energy Corp (BTE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.91. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended BTE as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Baytex Energy Corp’s EPS for the current quarter is expected to be 0.07.
Baytex Energy Corp (NYSE:BTE) trade information
Instantly BTE is in green as seen in intraday trades today. With action 1.12%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 5.43%, with the 5-day performance at 1.12% in the green. However, in the 30-day time frame, Baytex Energy Corp (NYSE:BTE) is 7.51% up. Looking at the short shares, we see there were 51.07 million shares sold at short interest cover period of 4.25 days.
Baytex Energy Corp (BTE) estimates and forecasts
Data shows that the Baytex Energy Corp share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -27.66% over the past 6 months, a -36.73% in annual growth rate that is considerably lower than the industry average of -15.00%. Year-over-year growth is forecast to reach 13.70% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 1.01B. 1 analysts are of the opinion that Baytex Energy Corp’s revenue for the current quarter will be 943.3M. The company’s revenue for the corresponding quarters a year ago was 1.07B and 984.19M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -5.13%. The estimates for the next quarter sales put growth at -4.15%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 19.24%. The 2025 estimates are for Baytex Energy Corp earnings to increase by 219.74%.
BTE Dividends
Baytex Energy Corp is expected to release its next quarterly earnings report in February. The 2.41% annual yield figure for the share gives it an annual dividend of 0.07. It is important to note, however, that the 2.41% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 9.86 per year.
Baytex Energy Corp (NYSE:BTE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.85% of Baytex Energy Corp shares while 41.76% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 42.12%.
Among Mutual Funds, the top two as of Oct 31, 2024 were Vanguard International Stock Index-Total Intl Stock Indx and Avantis International Small Cap Value ETF. With 9.78 shares estimated at $26.55 million under it, the former controlled 1.26% of total outstanding shares. On the other hand, Avantis International Small Cap Value ETF held about 1.00% of the shares, roughly 7.71 shares worth around $20.93 million.
