Baker Hughes (BKR) Expected to Announce Quarterly Earnings on Tuesday

Baker Hughes (NASDAQ:BKR - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Tuesday, July 22nd. Analysts expect the company to announce earnings of $0.55 per share and revenue of $6.64 billion for the quarter. Baker Hughes has set its Q2 2025 guidance at EPS.

Baker Hughes (NASDAQ:BKR - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.03. Baker Hughes had a net margin of 10.51% and a return on equity of 14.70%. The company had revenue of $6.43 billion during the quarter, compared to analysts' expectations of $6.54 billion. On average, analysts expect Baker Hughes to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Baker Hughes Trading Down 2.2%

Shares of Baker Hughes stock traded down $0.88 during mid-day trading on Tuesday, hitting $38.99. The stock had a trading volume of 5,068,356 shares, compared to its average volume of 7,193,140. The firm has a 50-day moving average of $38.12 and a two-hundred day moving average of $40.98. Baker Hughes has a 12-month low of $32.25 and a 12-month high of $49.40. The company has a quick ratio of 0.93, a current ratio of 1.34 and a debt-to-equity ratio of 0.35. The firm has a market cap of $38.63 billion, a P/E ratio of 13.31, a price-to-earnings-growth ratio of 5.08 and a beta of 0.91.

Baker Hughes Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Tuesday, May 6th were given a $0.23 dividend. The ex-dividend date of this dividend was Tuesday, May 6th. This represents a $0.92 annualized dividend and a yield of 2.36%. Baker Hughes's dividend payout ratio is presently 31.40%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Citigroup cut their price target on shares of Baker Hughes from $54.00 to $53.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Royal Bank Of Canada lowered their target price on shares of Baker Hughes from $50.00 to $46.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th. Piper Sandler lowered their target price on shares of Baker Hughes from $53.00 to $50.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Morgan Stanley lowered their target price on shares of Baker Hughes from $55.00 to $45.00 and set an "overweight" rating on the stock in a research report on Friday, May 16th. Finally, The Goldman Sachs Group dropped their price target on Baker Hughes from $42.00 to $41.00 and set a "buy" rating for the company in a research report on Wednesday, July 2nd. Two research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat.com, Baker Hughes presently has a consensus rating of "Moderate Buy" and a consensus price target of $48.50.

Hedge Funds Weigh In On Baker Hughes

A hedge fund recently raised its stake in Baker Hughes stock. Woodline Partners LP raised its stake in shares of Baker Hughes Company (NASDAQ:BKR - Free Report) by 40.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,650 shares of the company's stock after buying an additional 24,225 shares during the period. Woodline Partners LP's holdings in Baker Hughes were worth $3,676,000 as of its most recent SEC filing. Institutional investors own 92.06% of the company's stock.

About Baker Hughes

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations.