Baker Hughes (NASDAQ:BKR - Free Report) - Investment analysts at Zacks Research reduced their FY2026 earnings per share (EPS) estimates for shares of Baker Hughes in a report released on Wednesday, June 4th. Zacks Research analyst R. Department now forecasts that the company will earn $2.82 per share for the year, down from their previous forecast of $2.83. The consensus estimate for Baker Hughes' current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Baker Hughes' Q1 2027 earnings at $0.67 EPS.
Baker Hughes (NASDAQ:BKR - Get Free Report) last released its earnings results on Tuesday, April 22nd. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.03. Baker Hughes had a return on equity of 14.58% and a net margin of 10.70%. The business had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.54 billion.
Other analysts also recently issued research reports about the stock. 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. Morgan Stanley reduced their price objective on shares of Baker Hughes from $55.00 to $45.00 and set an "overweight" rating for the company in a research report on Friday, May 16th. Susquehanna dropped their target price on Baker Hughes from $48.00 to $46.00 and set a "positive" rating on the stock in a research report on Thursday, April 24th. TD Securities cut their target price on Baker Hughes from $50.00 to $49.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Finally, Piper Sandler decreased their price target on Baker Hughes from $53.00 to $50.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Two equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $49.11.
Read Our Latest Analysis on BKR
Baker Hughes Stock Performance
BKR traded down $0.14 during trading on Thursday, hitting $37.15. The stock had a trading volume of 4,728,878 shares, compared to its average volume of 7,098,786. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.94 and a current ratio of 1.32. The firm has a market capitalization of $36.81 billion, a P/E ratio of 12.47, a PEG ratio of 2.00 and a beta of 0.96. The company's 50-day moving average price is $37.58 and its 200 day moving average price is $41.65. Baker Hughes has a twelve month low of $30.93 and a twelve month high of $49.40.
Institutional Investors Weigh In On Baker Hughes
Institutional investors and hedge funds have recently bought and sold shares of the stock. JFS Wealth Advisors LLC boosted its stake in shares of Baker Hughes by 135.9% during the fourth quarter. JFS Wealth Advisors LLC now owns 670 shares of the company's stock valued at $27,000 after acquiring an additional 386 shares during the last quarter. Wayfinding Financial LLC acquired a new stake in shares of Baker Hughes during the 1st quarter worth about $28,000. SBI Securities Co. Ltd. acquired a new stake in shares of Baker Hughes during the 4th quarter worth about $30,000. Larson Financial Group LLC grew its holdings in shares of Baker Hughes by 41.2% during the fourth quarter. Larson Financial Group LLC now owns 740 shares of the company's stock worth $30,000 after buying an additional 216 shares in the last quarter. Finally, Golden State Wealth Management LLC raised its position in shares of Baker Hughes by 678.7% in the first quarter. Golden State Wealth Management LLC now owns 693 shares of the company's stock valued at $30,000 after buying an additional 604 shares during the last quarter. Hedge funds and other institutional investors own 92.06% of the company's stock.
Baker Hughes Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Tuesday, May 6th were given a dividend of $0.23 per share. The ex-dividend date was Tuesday, May 6th. This represents a $0.92 annualized dividend and a dividend yield of 2.48%. Baker Hughes's dividend payout ratio is currently 31.40%.
Baker Hughes Company Profile
(
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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.
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