Baytex Energy Corp (NYSE:BTE) shares traded -4.46% down during most recent session to reach at the closing price of $2.57. The stock exchanged hands 1.85 Million shares versus average trading capacity of 1.56 Million shares, yielding a market cap of $601.9 Million. Wall Street analysts covering the stock are projecting that the stock will reach $3.72 within the next 52-weeks. The mean target projections are based on 8 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Baytex Energy Corp (NYSE:BTE) high price target of $5.76 and with a conservative view have low price target of $2.78.
Scotiabank “Downgrades” Baytex Energy Corp (NYSE:BTE) in a research note issued to investors on 6/29/17 to Sector Perform with price target of $0.
Additionally on 7/29/16 Barclays “Maintained” Baytex Energy Corp (NYSE:BTE) to Equal-Weight setting price target at $8 and on 6/30/16 BMO Capital “Upgrades” the stock to Market Perform. Furthermore on 8/24/15 Canaccord Genuity “Upgrades” the stock to Buy at $.
On the other hand the company has Relative Strength Index (RSI 14) of 44.71 along with Average True Range (ATR 14) of 0.14, Consequently Baytex Energy Corp (NYSE:BTE)’s weekly and monthly volatility is 5.67%, 5.14% respectively. The company’s beta value is at 3.28.
In terms of Buy, Sell or Hold recommendations, Baytex Energy Corp (NYSE:BTE) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Baytex Energy Corp (NYSE:BTE)’s minimum EPS for the current quarter is at $-0.18 and can go high up to $0.16. The consensus mean EPS for the current quarter is at $-0.05 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.15 earnings per share for the same quarter during last year.
Previously Baytex Energy Corp (NYSE:BTE) reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.12 by $0.15. The company posted an earnings surprise of 125%.
While considering growth estimates of the company, it has next quarter growth estimates of 96.2% whereas during current quarter it has 66.7% estimations over growth, comparing to the estimations of 90.1% during current year and -16.7% for next year. Past 5 years growth of Baytex Energy Corp (NYSE:BTE) observed at -32.68%, looking forward for the next 5 years it has a strong prediction of 18.2% over growth.
Baytex Energy Corp (NYSE:BTE)’s revenue estimates for the current quarter are $209.11 Million according to 1 number of analysts, for the current quarter the company has high revenue estimates of $209.11 Million in contradiction of low revenue estimates of $209.11 Million. For the current year the company’s revenue estimates are $801.55 Million compared to low analyst estimates of $782.59 Million and high estimates of $822.15 Million according to 4 number of analysts.
Currently Baytex Energy Corp (NYSE:BTE)’s shares owned by insiders are 1.2%, whereas shares owned by institutional owners are 49.7%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.66%.
Baytex Energy Corp (NYSE:BTE) 52-week high price stands at $5.64 and low price stands at $2.13, its price distance from 52-week high is -54.43% while its distance from 52-week low price is 20.66%. The stock hit its 52-week high on 08/18/16, and 52-week low on 07/07/17.
Baytex Energy Corp (NYSE:BTE)’s trailing twelve month revenues are $593.9 Million, whereas its price to sales ratio for the same period is 1.01. Its book value per share for the most recent quarter is $6.55 while its price to book ratio for the same period is 0.39, as for as the company’s cash per share for the most recent quarter is $0.01, however its price to cash per share ratio for the same period is 316.79. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.