Baytex Energy Corp (BTE) Buy or Sell Stock Guide

Last updated: May 02, '18

The analysis below may be helpful to you if you have any of the following questions about BTE stock:

  • Is BTE a buy or a sell?
  • Should I sell or hold BTE stock today?
  • Is BTE a good buy / a good investment?
  • What are BTE analyst opinions, recommendations, ratings?

Here are BTE stock buy reasons/signals:

1. BTE quarterly revenue growth was 31.10%, higher than the industry and sector average revenue growth (10.17% and 8.07%, respectively).

2. BTE profitability is improving. The YoY profit margin change was 49.27pp.

3. BTE Price/Book ratio is 0.71, and it’s low compared to its industry peers’ P/B ratios.

Here are BTE stock sell reasons/signals:

1. BTE stock price ($4.50) is close to the 52-week high ($4.54). Perhaps now is a good time to sell?

2. BTE average analyst price target ($4.35) is below its current price ($4.50).

3. BTE short interest (days to cover the shorts) ratio is 8.73. The stock garners more short interest than the average industry, sector or S&P 500 stock.

What are your thoughts on BTE?

If you liked this analysis, check out Buy or Sell Stock Guides for other stocks.

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