A new trading day began on Monday, with Baytex Energy Corp (NYSE: BTE) stock price down -2.46% from the previous day of trading, before settling in for the closing price of $3.25. BTE’s price has ranged from $1.36 to $3.32 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 20.07%. With a float of $669.15 million, this company’s outstanding shares have now reached $768.32 million.
Baytex Energy Corp (BTE) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Baytex Energy Corp is 12.91%, while institutional ownership is 29.76%.
Baytex Energy Corp (BTE) Earnings and Forecasts
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.05 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.07% per share during the next fiscal year.
Baytex Energy Corp (NYSE: BTE) Trading Performance Indicators
Here are Baytex Energy Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11. Likewise, its price to free cash flow for the trailing twelve months is 8.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.06 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 16.44 million, which is a drop from its year-to-date volume of 35.08 million. As of the previous 9 days, the stock’s Stochastic %D was 58.13%.
During the past 100 days, Baytex Energy Corp’s (BTE) raw stochastic average was set at 89.44%, which indicates a significant increase from 57.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.12 in the past 14 days, which was higher than the 0.10 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.66, while its 200-day Moving Average is $2.15. However, in the short run, Baytex Energy Corp’s stock first resistance to watch stands at $3.23. Second resistance stands at $3.30. The third major resistance level sits at $3.33. If the price goes on to break the first support level at $3.14, it is likely to go to the next support level at $3.11. Should the price break the second support level, the third support level stands at $3.04.
Baytex Energy Corp (NYSE: BTE) Key Stats
With a market capitalization of 2.44 billion, the company has a total of 768,300K Shares Outstanding. Currently, annual sales are 2,429 M while annual income is 172,670 K. The company’s previous quarter sales were 541,820 K while its latest quarter income was 23,210 K.
