CAD3.52
1.15% yesterday
Toronto, Dec 30, 10:00 pm CET
ISIN
CA07317Q1054
Symbol
BTE
Sector
Industry

Baytex Energy Corp. Target price 2024 - Analyst rating & recommendation

Baytex Energy Corp. Classifications & Recommendation:

Buy
64%
Hold
36%

Baytex Energy Corp. Price Target

Target Price CAD5.79
Price CAD3.52
Potential
Number of Estimates 11
11 Analysts have issued a price target Baytex Energy Corp. 2025 . The average Baytex Energy Corp. target price is CAD5.79. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 11 analysts: 7 Analysts recommend Baytex Energy Corp. to buy, 4 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Baytex Energy Corp. stock has an average upside potential 2025 of . Most analysts recommend the Baytex Energy Corp. stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion CAD 2.71 3.69
16.63% 36.09%
EBITDA Margin 63.09% 58.78%
5.68% 6.83%
Net Margin -9.58% 8.74%
118.49% 191.26%

5 Analysts have issued a sales forecast Baytex Energy Corp. 2024 . The average Baytex Energy Corp. sales estimate is

CAD3.7b
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. This is
10.03% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
CAD4.2b 24.07%
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, the lowest is
CAD3.1b 8.68%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 CAD2.7b 16.63%
2024
CAD3.7b 36.09%
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2025
CAD3.5b 6.34%
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2026
CAD3.2b 6.33%
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2027
CAD3.1b 5.42%
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4 Analysts have issued an Baytex Energy Corp. EBITDA forecast 2024. The average Baytex Energy Corp. EBITDA estimate is

CAD2.2b
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. This is
1.37% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
CAD2.2b 0.35%
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, the lowest is
CAD2.1b 2.79%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 CAD1.7b 10.00%
2024
CAD2.2b 26.81%
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2025
CAD2.0b 7.09%
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2026
CAD1.9b 5.41%
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2027
CAD1.4b 24.03%
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EBITDA Margin

2023 63.09% 5.68%
2024
58.78% 6.83%
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2025
58.32% 0.78%
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2026
58.89% 0.98%
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2027
47.30% 19.68%
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1 Analyst has issued a net profit forecast Baytex Energy Corp. 2024 . The average Baytex Energy Corp. net profit estimate is

CAD323m
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. This is
200.00% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
CAD323m 200.00%
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, the lowest is
CAD323m 200.00%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 CAD-260m 121.57%
2024
CAD323m 224.24%
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2025
CAD157m 51.22%
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2026
CAD7.9m 95.00%
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Net Margin

2023 -9.58% 118.49%
2024
8.74% 191.26%
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2025
4.55% 47.94%
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2026
0.24% 94.73%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Dec '23 2024
Estimates
Earnings Per Share CAD -0.33 0.41
121.57% 224.24%
P/E 8.49
EV/Sales 1.35

1 Analysts have issued a Baytex Energy Corp. forecast for earnings per share. The average Baytex Energy Corp. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

CAD0.41
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. This is
200.00% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
CAD0.41 200.00%
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, the lowest is
CAD0.41 200.00%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 CAD-0.33 121.57%
2024
CAD0.41 224.24%
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2025
CAD0.20 51.22%
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2026
CAD0.01 95.00%
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P/E ratio

Current -8.55 340.17%
2024
8.49 199.30%
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2025
17.40 104.95%
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2026
348.00 1,900.00%
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Based on analysts' sales estimates for 2024, the Baytex Energy Corp. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.49 44.19%
2024
1.35 9.07%
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2025
1.45 6.78%
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2026
1.54 6.76%
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2027
1.63 5.74%
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P/S ratio

Current 0.82 48.08%
2024
0.74 9.11%
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2025
0.79 6.78%
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2026
0.85 6.76%
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2027
0.89 5.73%
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