Stock Market Recap: Baytex Energy Corp (BTE) Concludes at 3.22, a 1.90 Surge/Decline

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

After finishing at $3.16 in the prior trading day, Baytex Energy Corp (NYSE: BTE) closed at $3.22, up 1.90%. In other words, the price has increased by $1.90 from its previous closing price. On the day, 14.44 million shares were traded. BTE stock price reached its highest trading level at $3.27 during the session, while it also had its lowest trading level at $3.17.

Ratios:

Our goal is to gain a better understanding of BTE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 330.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.58. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTE now has a Market Capitalization of 2477965824 and an Enterprise Value of 4476801024. As of this moment, Baytex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.19, and their Forward P/E ratio for the next fiscal year is 56.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.464 whereas that against EBITDA is 2.351.

Stock Price History:

The Beta on a monthly basis for BTE is 0.33, which has changed by 0.14184391 over the last 52 weeks, in comparison to a change of 0.1326145 over the same period for the S&P500. Over the past 52 weeks, BTE has reached a high of $3.32, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is 25.07%, while the 200-Day Moving Average is calculated to be 51.20%.

Shares Statistics:

The stock has traded on average 24.40M shares per day over the past 3-months and 25279420 shares per day over the last 10 days, according to various share statistics. A total of 768.32M shares are outstanding, with a floating share count of 669.15M. Insiders hold about 12.91% of the company’s shares, while institutions hold 29.76% stake in the company. Shares short for BTE as of 1763078400 were 23400714 with a Short Ratio of 0.96, compared to 1760486400 on 37367754.

Dividends & Splits

In the trailing 12 months, BTE’s forward annual dividend rate was 0.09, compared to 0.07 this year. Against a Trailing Annual Dividend Yield of 0.028481012. The stock’s 5-year Average Dividend Yield is 9.94.

Earnings Estimates

The market rating for Baytex Energy Corp (BTE) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.

Analysts are recommending an EPS of between $0.34 and $0.28 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.28, with 2.0 analysts recommending between $0.5 and $0.05.

Revenue Estimates

1 analysts predict $798.1M in revenue for . The current quarter. It ranges from a high estimate of $798.1M to a low estimate of $798.1M. As of . The current estimate, Baytex Energy Corp’s year-ago sales were $1.02BFor the next quarter, 1 analysts are estimating revenue of $319.9M. There is a high estimate of $319.9M for the next quarter, whereas the lowest estimate is $319.9M.

A total of 5 analysts have provided revenue estimates for BTE’s current fiscal year. The highest revenue estimate was $3.44B, while the lowest revenue estimate was $2.86B, resulting in an average revenue estimate of $3.16B. In the same quarter a year ago, actual revenue was $4.21BBased on 3 analysts’ estimates, the company’s revenue will be $1.38B in the next fiscal year. The high estimate is $1.42B and the low estimate is $1.3B.