Holdings of Baytex Energy Corp (BTE) are aligned with the stars

With 10.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.76 million shares. The 52-week range on BTE shows that it touched its highest point at $4.65 and its lowest point at $2.89 during that stretch. It currently has a 1-year price target of $4.67. With its current market cap of 3.05 billion, BTE has annualized dividend of $0.05 while the current yield stands at 1.35%. Beta for the stock currently stands at 1.89.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BTE was up-trending over the past week, with a rise of 6.61%, but this was up by 16.30% over a month. Three-month performance surged to 12.42% while six-month performance fell -13.92%. The stock lost -0.54% in the past year, while it has gained 11.75% so far this year. A look at the trailing 12-month EPS for BTE yields -0.10 with Next year EPS estimates of 0.45. For the next quarter, that number is 0.08. This implies an EPS growth rate of 306.95% for this year and -11.36% for next year. EPS is expected to grow by 18.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 19.24%.

Float and Shares Shorts:

At present, 821.68 million BTE shares are outstanding with a float of 715.11 million shares on hand for trading. On Mar 15, 2024, short shares totaled 14.49 million, which was 1.76% higher than short shares on Feb 15, 2024. In addition to BTF as the firm’s BTF, BTC serves as its BTC.

Institutional Ownership:

Through their ownership of 36.63% of BTE’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BTE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.