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Baker Hughes Company (BKR)
NASDAQ:BKR
Baker Hughes Company (BKR) Stock Price & Analysis
1,311 Followers
BKR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$26.14 - $37.09
Previous Close$32.46
Volume4.99M
Average Volume (3M)8.90M
Market Cap
$32.49B
Enterprise Value$38.66B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$6.02B
Price to Earnings (P/E)17.0
Beta0.88
Next Earnings
Apr 23, 2024EPS Estimate
$0.39Last Dividend Ex-Date
Feb 12, 2024Dividend Yield2.45%
Share Statistics
EPS (TTM)1.91
Shares Outstanding1,000,881,406
10 Day Avg. Volume5,288,472
30 Day Avg. Volume8,898,618
Standard Deviation0.14
R-Squared0.29
Alpha-0.00144
Financial Highlights & Ratios
Price to Book (P/B)6.35
Price to Sales (P/S)4.77
Price to Cash Flow (P/CF)8.80
P/FCF Ratio13.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.66
Enterprise Value/Gross Profit3.17
Enterprise Value/Ebitda10.78
Forecast
1Y Price Target
$41.06Price Target Upside26.49% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
Baker Hughes Company News
PremiumCompany Announcements
Baker Hughes Company Sparks Interest with Informal Update
PremiumPress Releases
Baker Hughes Declares Quarterly Dividend
Bulls Say, Bears Say
Bulls Say
Growth PotentialCompany's ability to secure significant LNG orders and maintain a constructive global activity outlook is expected to contribute to robust future revenue growth.
Guidance ConfirmationAnalyst recommends a Buy rating with a $43 price target and anticipates sustained strong performance as the company reiterates its revenue and EBITDA guidance for the year.
Service Segment StrengthBaker Hughes' aftermarket services in Industrial and Energy Technology (IET) are seen as a high-margin segment with long-term growth potential, signaling a reliable and expanding revenue stream.
Bears Say
Financial PerformanceBKR's 2024 EBITDA guide was below expectations, contributing to a decline in share price.
Market PerceptionInvestor sentiment has turned incrementally more negative given concerns around softening LNG demand.
Regulatory ImpactThe Biden Administration's decision to delay incremental LNG export permits pending a full environmental and economic review.
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Ownership Overview
0.84% Insiders
35.25% Mutual Funds
30.43% Other Institutional Investors
33.48% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BKR FAQ
What was Baker Hughes Company’s price range in the past 12 months?
Baker Hughes Company lowest stock price was $26.14 and its highest was $37.09 in the past 12 months.
What is Baker Hughes Company’s market cap?
Currently, no data Available
When is Baker Hughes Company’s upcoming earnings report date?
Baker Hughes Company’s upcoming earnings report date is Apr 23, 2024 which is today.
How were Baker Hughes Company’s earnings last quarter?
Baker Hughes Company released its earnings results on Jan 23, 2024. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.476 by $0.034.
Is Baker Hughes Company overvalued?
According to Wall Street analysts Baker Hughes Company’s price is currently Undervalued.
Does Baker Hughes Company pay dividends?
Baker Hughes Company pays a Quarterly dividend of $0.21 which represents an annual dividend yield of 2.45%. See more information on Baker Hughes Company dividends here
What is Baker Hughes Company’s EPS estimate?
Baker Hughes Company’s EPS estimate is $0.39.
How many shares outstanding does Baker Hughes Company have?
Baker Hughes Company has 1,000,881,400 shares outstanding.
What happened to Baker Hughes Company’s price movement after its last earnings report?
Baker Hughes Company reported an EPS of $0.51 in its last earnings report, beating expectations of $0.476. Following the earnings report the stock price went down -4.728%.
Which hedge fund is a major shareholder of Baker Hughes Company?
Among the largest hedge funds holding Baker Hughes Company’s share is Dodge & Cox. It holds Baker Hughes Company’s shares valued at 1B.
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Baker Hughes Company Stock Smart Score
Outperform
1
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Analyst Consensus
Strong Buy
Average Price Target:
$41.06 (26.49% Upside)
$41.06 (26.49% Upside)
Blogger Sentiment
Bullish
BKR Sentiment 92%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 3.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 0.1%
Last 30 Days ▲ 0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.25%
12-Months-Change
Fundamentals
Return on Equity
13.06%
Trailing 12-Months
Asset Growth
8.09%
Trailing 12-Months
Company Description
Baker Hughes Company
Texas-based Baker Hughes Co. provides a portfolio of technologies and services worldwide. The company operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS).
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BKR Company Deck
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BKR Earnings Call
Q4 2024
0:00 / 0:00
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BKR Revenue Breakdown
17.20% Well Construction
16.59% Gas Technology - Equipment
16.35% Completions, Intervention & Measurements
15.11% Production Solutions
34.74% Other
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BKR Stock 12 Months Forecast
Average Price Target
$41.06
▲(26.49% Upside)
Technical Analysis
Best Analysts Covering BKR
1 Year
1 Year Success Rate
15/18 ratings generated profit
1 Year Average Return
+22.40%
reiterated a buy rating last month
Copying Scott Gruber's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +22.40% per trade.
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