The price of Baytex Energy Corp (NYSE: BTE) closed at $3.50 in the last session, up 1.74% from day before closing price of $3.44. In other words, the price has increased by $+0.0600 from its previous closing price. On the day, 13866960 shares were traded.
Ratios:
We take a closer look at BTE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 67.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.63.
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 2.89B and an Enterprise Value of 4.64B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 1.37 whereas that against EBITDA is 6.72.
Stock Price History:
Over the past 52 weeks, BTE has reached a high of $4.65, while it has fallen to a 52-week low of $2.89. The 50-Day Moving Average of the stock is 3.2384, while the 200-Day Moving Average is calculated to be 3.6505.
Shares Statistics:
According to the various share statistics, BTE traded on average about 8.65M shares per day over the past 3-months and 8.68M shares per day over the past 10 days. A total of 821.68M shares are outstanding, with a floating share count of 715.09M. Insiders hold about 12.97% of the company’s shares, while institutions hold 24.66% stake in the company. Shares short for BTE as of Mar 15, 2024 were 14.49M with a Short Ratio of 2.14, compared to 18.53M on Feb 15, 2024.
Dividends & Splits
The forward annual dividend rate for BTE is 0.05, which was 0.05 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.31%, it implies a Forward Annual Dividend Yield of 1.91%. The stock’s 5-year Average Dividend Yield is 9.86.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.06 and a low estimate of $0.06, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.15, with high estimates of $0.15 and low estimates of $0.15.
Analysts are recommending an EPS of between $0.5 and $0.47 for the fiscal current year, implying an average EPS of $0.49. EPS for the following year is $0.44, with 3 analysts recommending between $0.53 and $0.38.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $660.69M. It ranges from a high estimate of $660.69M to a low estimate of $660.69M. As of the current estimate, Baytex Energy Corp’s year-ago sales were $420.67M, an estimated increase of 57.10% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $700.14M, an increase of 58.70% over than the figure of $57.10% in the same quarter last year. There is a high estimate of $700.14M for the next quarter, whereas the lowest estimate is $700.14M.
A total of 3 analysts have provided revenue estimates for BTE’s current fiscal year. The highest revenue estimate was $2.94B, while the lowest revenue estimate was $47.38M, resulting in an average revenue estimate of $1.78B. In the same quarter a year ago, actual revenue was $2B, down -10.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.83B in the next fiscal year. The high estimate is $3.11B and the low estimate is $45.07M. The average revenue growth estimate for next year is up 2.60% from the average revenue estimate for this year.
