Baker Hughes (BKR) Competitors

$31.90
-0.24 (-0.75%)
(As of 05/8/2024 ET)

BKR vs. FTV, TS, FTI, WFRD, DVN, HAL, TRP, FANG, LNG, and CVE

Should you be buying Baker Hughes stock or one of its competitors? The main competitors of Baker Hughes include Fortive (FTV), Tenaris (TS), TechnipFMC (FTI), Weatherford International (WFRD), Devon Energy (DVN), Halliburton (HAL), TC Energy (TRP), Diamondback Energy (FANG), Cheniere Energy (LNG), and Cenovus Energy (CVE).

Baker Hughes vs.

Baker Hughes (NASDAQ:BKR) and Fortive (NYSE:FTV) are both large-cap oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, media sentiment, profitability, analyst recommendations, institutional ownership, earnings, dividends, risk and community ranking.

92.1% of Baker Hughes shares are owned by institutional investors. Comparatively, 94.9% of Fortive shares are owned by institutional investors. 0.3% of Baker Hughes shares are owned by company insiders. Comparatively, 1.0% of Fortive shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Baker Hughes has a beta of 1.44, indicating that its stock price is 44% more volatile than the S&P 500. Comparatively, Fortive has a beta of 1.15, indicating that its stock price is 15% more volatile than the S&P 500.

Fortive received 274 more outperform votes than Baker Hughes when rated by MarketBeat users. Likewise, 59.69% of users gave Fortive an outperform vote while only 59.36% of users gave Baker Hughes an outperform vote.

CompanyUnderperformOutperform
Baker HughesOutperform Votes
111
59.36%
Underperform Votes
76
40.64%
FortiveOutperform Votes
385
59.69%
Underperform Votes
260
40.31%

In the previous week, Baker Hughes had 6 more articles in the media than Fortive. MarketBeat recorded 14 mentions for Baker Hughes and 8 mentions for Fortive. Fortive's average media sentiment score of 0.93 beat Baker Hughes' score of 0.70 indicating that Fortive is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Baker Hughes
7 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortive
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Baker Hughes pays an annual dividend of $0.84 per share and has a dividend yield of 2.6%. Fortive pays an annual dividend of $0.32 per share and has a dividend yield of 0.4%. Baker Hughes pays out 46.9% of its earnings in the form of a dividend. Fortive pays out 12.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Fortive has a net margin of 14.68% compared to Baker Hughes' net margin of 6.95%. Fortive's return on equity of 12.22% beat Baker Hughes' return on equity.

Company Net Margins Return on Equity Return on Assets
Baker Hughes6.95% 11.42% 4.80%
Fortive 14.68%12.22%7.59%

Baker Hughes presently has a consensus target price of $40.94, suggesting a potential upside of 28.33%. Fortive has a consensus target price of $86.46, suggesting a potential upside of 12.98%. Given Baker Hughes' stronger consensus rating and higher probable upside, equities research analysts clearly believe Baker Hughes is more favorable than Fortive.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Baker Hughes
0 Sell rating(s)
3 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.80
Fortive
0 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.46

Baker Hughes has higher revenue and earnings than Fortive. Baker Hughes is trading at a lower price-to-earnings ratio than Fortive, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Baker Hughes$25.51B1.25$1.94B$1.7917.82
Fortive$6.13B4.40$865.80M$2.5330.25

Summary

Fortive beats Baker Hughes on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BKR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BKR vs. The Competition

MetricBaker HughesOil & gas field machinery IndustryEnergy SectorNASDAQ Exchange
Market Cap$31.84B$3.78B$8.06B$7.78B
Dividend Yield2.63%2.15%11.51%3.96%
P/E Ratio17.8212.3017.4519.45
Price / Sales1.251.1695.7579.90
Price / Cash11.799.7310.8728.62
Price / Book2.061.973.474.39
Net Income$1.94B$107.83M$994.26M$217.65M
7 Day Performance-0.09%4.37%1.56%1.04%
1 Month Performance-6.70%1.13%-2.45%-2.66%
1 Year Performance13.16%27.60%7.60%9.46%

Baker Hughes Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTV
Fortive
4.7035 of 5 stars
$75.27
-2.2%
$86.46
+14.9%
+18.1%$26.50B$6.07B29.7518,000
TS
Tenaris
2.1885 of 5 stars
$32.99
-3.2%
$41.93
+27.1%
+21.6%$19.47B$14.87B5.5029,134Analyst Forecast
FTI
TechnipFMC
3.4747 of 5 stars
$25.62
-3.7%
$26.14
+2.0%
+90.2%$11.20B$7.82B54.5125,027Analyst Forecast
WFRD
Weatherford International
4.3208 of 5 stars
$123.62
-4.4%
$145.00
+17.3%
+104.0%$9.04B$5.14B20.0018,500Positive News
DVN
Devon Energy
4.6532 of 5 stars
$51.18
-3.6%
$58.33
+14.0%
-0.9%$32.50B$15.26B8.781,900Insider Selling
HAL
Halliburton
4.9959 of 5 stars
$37.48
-3.6%
$48.65
+29.8%
+23.7%$33.18B$23.02B12.9748,000Analyst Revision
TRP
TC Energy
3.8256 of 5 stars
$35.84
-0.4%
$48.83
+36.3%
-9.7%$35.84B$11.80B17.667,415Dividend Cut
Analyst Revision
FANG
Diamondback Energy
4.3294 of 5 stars
$201.13
-2.3%
$202.53
+0.7%
+53.3%$35.87B$8.41B11.601,023Analyst Forecast
Insider Selling
LNG
Cheniere Energy
3.1155 of 5 stars
$157.86
-2.4%
$193.90
+22.8%
+5.1%$36.41B$20.39B3.901,605Earnings Report
Analyst Forecast
CVE
Cenovus Energy
4.6885 of 5 stars
$20.54
-4.6%
$26.67
+29.8%
+27.8%$38.31B$38.67B13.006,925Dividend Announcement
Positive News

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This page (NASDAQ:BKR) was last updated on 5/9/2024 by MarketBeat.com Staff

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