Baytex Energy Corp Stock Analysis

Baytex Stock Analysis Notes

About 39.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.11. Some equities with similar Price to Book (P/B) outperform the market in the long run. Baytex Energy Corp recorded a loss per share of 0.32. The entity last dividend was issued on the 14th of June 2024. Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada. Baytex Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 231 people. For more info on Baytex Energy Corp please contact Eric Greager at 587 952 3000 or go to https://www.baytexenergy.com.

Baytex Energy Corp Investment Alerts

Baytex Energy Corp Upcoming and Recent Events

Baytex Largest EPS Surprises

View All Earnings Estimates

Baytex Energy Thematic Classifications

Baytex Stock Institutional Investors

Note, although Baytex Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Baytex Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.68 B.

Baytex Profitablity

The company has Net Profit Margin of (0.1) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.13 %, which entails that for every 100 dollars of revenue, it generated $0.13 of operating income.

Management Efficiency

Baytex Energy Corp has Return on Asset of (0.0197) % which means that on every $100 spent on assets, it lost $0.0197. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0856) %, meaning that it generated no profit with money invested by stockholders. Baytex Energy's management efficiency ratios could be used to measure how well Baytex Energy manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.11, whereas Return On Tangible Assets are projected to grow to (0.03). At present, Baytex Energy's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 462 M, whereas Return On Tangible Assets are projected to grow to (0.03).

Technical Drivers

As of the 14th of June 2024, Baytex Energy shows the Mean Deviation of 2.04, risk adjusted performance of 0.0269, and Downside Deviation of 3.24. Baytex Energy Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Baytex Energy Corp jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Baytex Energy Corp is priced correctly, providing market reflects its regular price of 3.26 per share. Given that Baytex Energy has jensen alpha of 0.0904, we suggest you to validate Baytex Energy Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Baytex Energy Corp Price Movement Analysis

Baytex Energy Predictive Daily Indicators

Baytex Energy Forecast Models

Baytex Energy's time-series forecasting models are one of many Baytex Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Baytex Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Baytex Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Baytex shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Baytex Energy. By using and applying Baytex Stock analysis, traders can create a robust methodology for identifying Baytex entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Baytex analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Baytex analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Baytex Energy Corp stock analysis indicators help investors evaluate how Baytex Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Baytex Energy shares will generate the highest return on investment. By understating and applying Baytex Energy stock analysis, traders can identify Baytex Energy position entry and exit signals to maximize returns.

When running Baytex Energy's price analysis, check to measure Baytex Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baytex Energy is operating at the current time. Most of Baytex Energy's value examination focuses on studying past and present price action to predict the probability of Baytex Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baytex Energy's price. Additionally, you may evaluate how the addition of Baytex Energy to your portfolios can decrease your overall portfolio volatility.