Baytex Energy Corp (NYSE: BTE) kicked off on Friday, up 3.18% from the previous trading day, before settling in for the closing price of $2.83. Over the past 52 weeks, BTE has traded in a range of $2.78-$4.65.
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A company in the Energy sector has jumped its sales by 28.94% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 256.95%. With a float of $697.29 million, this company’s outstanding shares have now reached $821.68 million.
In an organization with 367 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 24.86%, operating margin of 21.22%, and the pretax margin is -12.44%.
Baytex Energy Corp (BTE) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Baytex Energy Corp is 13.38%, while institutional ownership is 25.98%.
Baytex Energy Corp (BTE) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.55 earnings per share (EPS), lower than consensus estimate (set at 0.12) by -0.67. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 256.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.20% during the next five years compared to 19.24% growth over the previous five years of trading.
Baytex Energy Corp (NYSE: BTE) Trading Performance Indicators
Take a look at Baytex Energy Corp’s (BTE) current performance indicators. Last quarter, stock had a quick ratio of 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.38. Likewise, its price to free cash flow for the trailing twelve months is 8.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.30, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.32 in one year’s time.
Technical Analysis of Baytex Energy Corp (BTE)
Let’s dig in a bit further. During the last 5-days, its volume was 13.34 million. That was better than the volume of 10.16 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.90%. Additionally, its Average True Range was 0.11.
During the past 100 days, Baytex Energy Corp’s (BTE) raw stochastic average was set at 13.21%, which indicates a significant decrease from 51.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.68% in the past 14 days, which was lower than the 42.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.12, while its 200-day Moving Average is $3.38. However, in the short run, Baytex Energy Corp’s stock first resistance to watch stands at $3.02. Second resistance stands at $3.11. The third major resistance level sits at $3.18. If the price goes on to break the first support level at $2.86, it is likely to go to the next support level at $2.79. The third support level lies at $2.70 if the price breaches the second support level.
Baytex Energy Corp (NYSE: BTE) Key Stats
The company with the Market Capitalisation of 3.40 billion has total of 787,328K Shares Outstanding. Its annual sales at the moment are 2,010 M in contrast with the sum of -172,870 K annual income. Company’s last quarter sales were recorded 652,280 K and last quarter income was 75,920 K.
