On Monday, Baytex Energy Corp (NYSE: BTE) was -1.05% drop from the session before settling in for the closing price of $2.85. A 52-week range for BTE has been $2.78 – $4.08.
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During the last 5-year period, the sales growth of Energy Sector giant was 28.94%. When this article was written, the company’s average yearly earnings per share was at 256.78%. With a float of $681.11 million, this company’s outstanding shares have now reached $787.33 million.
Let’s determine the extent of company efficiency that accounts for 367 employees. In terms of profitability, gross margin is 33.82%, operating margin of 30.58%, and the pretax margin is -12.44%.
Baytex Energy Corp (BTE) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Baytex Energy Corp stocks. The insider ownership of Baytex Energy Corp is 13.49%, while institutional ownership is 26.83%.
Baytex Energy Corp (BTE) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.35 earnings per share (EPS) during the time that was less than consensus figure (set at 0.14) by -0.49. 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 256.78% 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
You can see what Baytex Energy Corp (BTE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.90. Likewise, its price to free cash flow for the trailing twelve months is 5.27.
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)
Looking closely at Baytex Energy Corp (NYSE: BTE), its last 5-days average volume was 10.44 million, which is a jump from its year-to-date volume of 10.21 million. As of the previous 9 days, the stock’s Stochastic %D was 17.43%. Additionally, its Average True Range was 0.10.
During the past 100 days, Baytex Energy Corp’s (BTE) raw stochastic average was set at 4.67%, which indicates a significant decrease from 15.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.20% in the past 14 days, which was lower than the 42.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.00, while its 200-day Moving Average is $3.36. However, in the short run, Baytex Energy Corp’s stock first resistance to watch stands at $2.86. Second resistance stands at $2.89. The third major resistance level sits at $2.94. If the price goes on to break the first support level at $2.78, it is likely to go to the next support level at $2.73. Should the price break the second support level, the third support level stands at $2.70.
Baytex Energy Corp (NYSE: BTE) Key Stats
There are 783,626K outstanding shares of the company, which has a market capitalization of 2.22 billion. As of now, sales total 2,010 M while income totals -172,870 K. Its latest quarter income was 623,650 K while its last quarter net income were 135,770 K.
