With 40.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 24.5 million shares. The 52-week range on BTE shows that it touched its highest point at $4.08 and its lowest point at $2.01 during that stretch. It currently has a 1-year price target of $3.60. With its current market cap of 1.63 billion, BTE has annualized dividend of $0.07 while the current yield stands at 3.15%. Beta for the stock currently stands at 1.14.
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 -7.17%, but this was down by -13.75% over a month. Three-month performance dropped to -27.11% while six-month performance fell -43.60%. The stock lost -35.11% in the past year, while it has lost -19.77% so far this year. A look at the trailing 12-month EPS for BTE yields -0.30 with Next year EPS estimates of 0.11. For the next quarter, that number is 0.07. This implies an EPS growth rate of 26.74% for this year and -57.41% for next year. EPS is expected to decline by -27.56% 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, 787.33 million BTE shares are outstanding with a float of 680.86 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 $0.13 and the low estimate is $0.13. The average estimate for the next quarter is thus $0.13.
Summary of Insider Activity:
Insiders traded BTE stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
