As on May 25, 2023, Baytex Energy Corp. (NYSE: BTE) started slowly as it slid -4.36% to $3.29. During the day, the stock rose to $3.40 and sunk to $3.26 before settling in for the price of $3.44 at the close. Taking a more long-term approach, BTE posted a 52-week range of $3.03-$7.24.
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It was noted that the giant of the Energy sector posted annual sales growth of 22.10% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 139.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -46.20%. This publicly-traded company’s shares outstanding now amounts to $545.06 million, simultaneously with a float of $541.73 million. The organization now has a market capitalization sitting at $2.41 billion. At the time of writing, stock’s 50-day Moving Average stood at $3.61, while the 200-day Moving Average is $4.41.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 222 workers. It has generated 10,477,842 per worker during the last fiscal year. Meanwhile, its income per employee was 3,854,077. The stock had 11.58 Receivables turnover and 0.47 Total Asset turnover. For the Profitability, stocks gross margin was +44.38, operating margin was +40.97 and Pretax Margin of +38.30.
Baytex Energy Corp. (BTE) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas E&P industry. Baytex Energy Corp.’s current insider ownership accounts for 1.17%, in contrast to 17.27% institutional ownership.
Baytex Energy Corp. (BTE) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted $0.07 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.1) by -$0.03. This company achieved a net margin of +36.78 while generating a return on equity of 32.65. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
Baytex Energy Corp.’s EPS decrease for this current 12-month fiscal period is -46.20% and is forecasted to reach 1.28 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 18.20% through the next 5 years, which can be compared against the 139.80% growth it accomplished over the previous five years trading on the market.
Baytex Energy Corp. (NYSE: BTE) Trading Performance Indicators
Let’s observe the current performance indicators for Baytex Energy Corp. (BTE). It’s Quick Ratio in the last reported quarter now stands at 0.90. The Stock has managed to achieve an average true range (ATR) of 0.14. Alongside those numbers, its PE Ratio stands at $2.16, and its Beta score is 2.91. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.08. Similarly, its price to free cash flow for trailing twelve months is now 4.34.
In the same vein, BTE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.52, a figure that is expected to reach 0.13 in the next quarter, and analysts are predicting that it will be 1.28 at the market close of one year from today.
Technical Analysis of Baytex Energy Corp. (BTE)
Through scrutinizing the latest numbers posted by the [Baytex Energy Corp., BTE], it can be observed that its last 5-days Average volume of 1.53 million was lower the volume of 1.68 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 63.44% While, its Average True Range was 0.13.
Raw Stochastic average of Baytex Energy Corp. (BTE) in the period of the previous 100 days is set at 16.21%, which indicates a major fall in contrast to 18.75% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 35.67% that was lower than 49.87% volatility it exhibited in the past 100-days period.