With 16.94 million shares changed hands, the volume of the stock remained lighter than its average volume of 44.7 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 $2.87. With its current market cap of 1.28 billion, BTE has annualized dividend of $0.06 while the current yield stands at 3.85%. 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 -4.57%, but this was down by -4.02% over a month. Three-month performance dropped to -33.99% while six-month performance fell -42.01%. The stock lost -51.17% in the past year, while it has lost -35.27% so far this year. A look at the trailing 12-month EPS for BTE yields 0.29 with Next year EPS estimates of 0.14. For the next quarter, that number is 0.02. This implies an EPS growth rate of 7.54% for this year and -34.77% for next year.
Float and Shares Shorts:
At present, 770.04 million BTE shares are outstanding with a float of 664.77 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.
