Baytex Energy Corp [NYSE: BTE] loss 0.00% on the last trading session, reaching $1.92 price per share at the time.
Baytex Energy Corp represents 770.04 million in outstanding shares, while the company has a total market value of $1.48 billion with the latest information. BTE stock price has been found in the range of $1.88 to $1.95.
If compared to the average trading volume of 49.79M shares, BTE reached a trading volume of 50281827 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $2.90 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 0.51, 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 3.01 with Quick ratio for the last quarter at 0.63.
Trading performance analysis for BTE stock
Baytex Energy Corp [BTE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.92. With this latest performance, BTE shares dropped by -1.54% in over the last four-week period, additionally sinking by -28.62% over the last 6 months – not to mention a drop of -25.58% in the past year of trading.
Baytex Energy Corp [BTE]: A deeper dive into fundamental analysis
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%.
Return on Equity for this stock inclined to 4.18%, with Return on Assets sitting at 4.18%.
An analysis of Institutional ownership at Baytex Energy Corp [BTE]
There are presently around $45.42%, or 45.72% of BTE stock, in the hands of institutional investors.
