With 33.93 million shares changed hands, the volume of the stock remained lighter than its average volume of 41.8 million shares. The 52-week range on BTE shows that it touched its highest point at $3.84 and its lowest point at $1.36 during that stretch. It currently has a 1-year price target of $2.89. With its current market cap of 1.18 billion, BTE has annualized dividend of $0.06 while the current yield stands at 4.20%. Beta for the stock currently stands at 1.01.
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 down-trending over the past week, with a drop of -7.83%, but this was down by -23.50% over a month. Three-month performance dropped to -34.89% while six-month performance fell -46.50%. The stock lost -56.53% in the past year, while it has lost -40.70% so far this year. A look at the trailing 12-month EPS for BTE yields 0.21 with Next year EPS estimates of 0.17. For the next quarter, that number is 0.09. This implies an EPS growth rate of 46.25% for this year and -43.81% for next year.
Float and Shares Shorts:
At present, 773.59 million BTE shares are outstanding with a float of 669.08 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BTE since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.50288 being high and $0.36319 being low. For BTE, this leads to a yearly average estimate of $0.43304. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
