Market Momentum Report: Baytex Energy Corp (BTE)’s Negative Close at 3.52

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The price of Baytex Energy Corp (NYSE: BTE) closed at $3.52 in the last session, down -5.12% from day before closing price of $3.71. In other words, the price has decreased by -$5.12 from its previous closing price. On the day, 13.48 million shares were traded. BTE stock price reached its highest trading level at $3.69 during the session, while it also had its lowest trading level at $3.468.

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 68.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.78. 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 2893274624 and an Enterprise Value of 5277126144. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 1.945 whereas that against EBITDA is 3.111.

Stock Price History:

The Beta on a monthly basis for BTE is 1.84, which has changed by 0.023255825 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 -0.92%, while the 200-Day Moving Average is calculated to be -5.17%.

Shares Statistics:

According to the various share statistics, BTE traded on average about 10.03M shares per day over the past 3-months and 10514900 shares per day over the past 10 days. A total of 821.68M shares are outstanding, with a floating share count of 712.60M. Insiders hold about 13.28% of the company’s shares, while institutions hold 24.46% stake in the company. Shares short for BTE as of 1713139200 were 16008182 with a Short Ratio of 1.60, compared to 1710460800 on 14491391.

Dividends & Splits

The forward annual dividend rate for BTE is 0.05, which was 0.045 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.01212938The stock’s 5-year Average Dividend Yield is 9.86.

Earnings Estimates

The stock of Baytex Energy Corp (BTE) is currently drawing attention from 2.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $0.09 for the current quarter, with a high estimate of $0.12 and a low estimate of $0.06, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.14, with high estimates of $0.15 and low estimates of $0.12.

Analysts are recommending an EPS of between $0.53 and $0.47 for the fiscal current year, implying an average EPS of $0.5. EPS for the following year is $0.44, with 4.0 analysts recommending between $0.53 and $0.37.

Revenue Estimates

According to 1 analysts, the current quarter’s revenue is expected to be $675.68M. It ranges from a high estimate of $675.68M to a low estimate of $675.68M. As of the current estimate, Baytex Energy Corp’s year-ago sales were $420.67MFor the next quarter, 1 analysts are estimating revenue of $696.09M. There is a high estimate of $696.09M for the next quarter, whereas the lowest estimate is $696.09M.

A total of 5 analysts have provided revenue estimates for BTE’s current fiscal year. The highest revenue estimate was $2.93B, while the lowest revenue estimate was $47.11M, resulting in an average revenue estimate of $2.2B. In the same quarter a year ago, actual revenue was $1.98BBased on 5 analysts’ estimates, the company’s revenue will be $2.28B in the next fiscal year. The high estimate is $3.27B and the low estimate is $44.81M.

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