Baytex Energy Corp [NYSE: BTE] jumped around 0.05 points on Friday, while shares priced at $1.97 at the close of the session, up 2.60%.
Baytex Energy Corp stock is now -47.61% down from its year-to-date (YTD) trading value. BTE Stock saw the intraday high of $2.0 and lowest of $1.92 per share. The company’s 52-week high price is 3.76, which means current price is +44.85% above from all time high which was touched on 01/13/25.
Compared to the average trading volume of 49.46M shares, BTE reached a trading volume of 31365910 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Baytex Energy Corp [BTE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTE shares is $2.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTE stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Baytex Energy Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on October 18, 2024. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price to Market Perform. The new note on the price target was released on April 09, 2024, representing the official price target for Baytex Energy Corp stock.
The Price to Book ratio for the last quarter was 0.52, with the Price to Cash per share for the same quarter was set at 0.01. Price to Free Cash Flow for BTE in the course of the last twelve months was 3.08 with Quick ratio for the last quarter at 0.63.
How has BTE stock performed recently?
Baytex Energy Corp [BTE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.60. With this latest performance, BTE shares dropped by -7.08% in over the last four-week period, additionally sinking by -28.36% over the last 6 months – not to mention a drop of -23.64% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BTE stock in for the last two-week period is set at 57.31, with the RSI for the last a single of trading hit 0.0943, and the three-weeks RSI is set at 0.1003 for Baytex Energy Corp [BTE]. The present Moving Average for the last 50 days of trading for this stock 1.8158, while it was recorded at 1.9000 for the last single week of trading, and 2.3031 for the last 200 days.
Baytex Energy Corp [BTE]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Baytex Energy Corp [BTE] shares currently have an operating margin of 24.89% and a Gross Margin at 27.69%. Baytex Energy Corp’s Net Margin is presently recorded at 9.67%.
Baytex Energy Corp (BTE) Capital Structure & Debt Analysis
According to recent financial data for Baytex Energy Corp. ( BTE), the Return on Equity (ROE) stands at 8.02%, suggesting modest shareholder returns. The Return on Assets (ROA) is 4.18%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Baytex Energy Corp’s Return on Invested Capital (ROIC) is 5.24%, showcasing its effectiveness in deploying capital for earnings.
Baytex Energy Corp (BTE) Efficiency & Liquidity Metrics
Based on Baytex Energy Corp’s (BTE) latest financial statements, the Debt-to-Equity Ratio is 0.52%, indicating its reliance on debt financing relative to shareholder equity.
Baytex Energy Corp (BTE) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Baytex Energy Corp. (BTE) effectively leverages its workforce, generating an average of $628945.95 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.63% and a Quick Ratio of 0.63%, indicating strong ability to cover short-term liabilities.
Insider trade positions for Baytex Energy Corp [BTE]
There are presently around $45.42%, or 45.72%% of BTE stock, in the hands of institutional investors.
