In the latest trading session, 6.23 million Baytex Energy Corp (NYSE:BTE) shares changed hands as the company’s beta touched 1.72. With the company’s most recent per share price at $2.22 changed hands at -$0.01 or -0.22% at last look, the market valuation stands at $1.75B. BTE’s current price is a discount, trading about -83.78% 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 1.35% up since then.
Analysts gave the Baytex Energy Corp (BTE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.20. 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 was in red as seen in intraday trades today. With action -12.40%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -13.76%, with the 5-day performance at -12.40% in the red. However, in the 30-day time frame, Baytex Energy Corp (NYSE:BTE) is -10.28% down.
Baytex Energy Corp (BTE) estimates and forecasts
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 224.84%.
BTE Dividends
Baytex Energy Corp is expected to release its next quarterly earnings report in March. The 2.94% annual yield figure for the share gives it an annual dividend of 0.07. It is important to note, however, that the 2.94% 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.
Baytex Energy Corp (NYSE:BTE)’s Major holders
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 $21.81 million under it, the former controlled 1.27% of total outstanding shares. On the other hand, Avantis International Small Cap Value ETF held about 0.99% of the shares, roughly 7.66 shares worth around $17.09 million.
