Baker Hughes (NASDAQ:BKR) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Baker Hughes (NASDAQ:BKR - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.03, Zacks reports. Baker Hughes had a return on equity of 14.58% and a net margin of 10.70%. The company had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.54 billion. Baker Hughes updated its Q2 2025 guidance to EPS.

Baker Hughes Stock Up 0.2 %

Shares of BKR stock traded up $0.07 during trading hours on Friday, reaching $36.45. 7,102,964 shares of the company's stock were exchanged, compared to its average volume of 6,900,110. The company has a current ratio of 1.32, a quick ratio of 0.94 and a debt-to-equity ratio of 0.35. The company has a market cap of $36.09 billion, a price-to-earnings ratio of 12.23, a P/E/G ratio of 2.00 and a beta of 1.08. Baker Hughes has a fifty-two week low of $30.93 and a fifty-two week high of $49.40. The stock's 50 day moving average is $41.39 and its 200-day moving average is $42.07.

Baker Hughes Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Tuesday, May 6th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Tuesday, May 6th. This represents a $0.92 annualized dividend and a yield of 2.52%. Baker Hughes's dividend payout ratio (DPR) is 31.40%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on BKR shares. Benchmark restated a "buy" rating and set a $57.00 target price on shares of Baker Hughes in a research report on Tuesday, February 11th. Susquehanna reduced their target price on Baker Hughes from $48.00 to $46.00 and set a "positive" rating on the stock in a research note on Thursday. Citigroup lowered their target price on shares of Baker Hughes from $54.00 to $53.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Jefferies Financial Group raised their price target on shares of Baker Hughes from $48.00 to $50.00 and gave the stock a "buy" rating in a research note on Friday, January 3rd. Finally, TD Securities lowered their price objective on shares of Baker Hughes from $50.00 to $49.00 and set a "buy" rating for the company in a research report on Thursday. Two research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $49.11.

Insider Activity at Baker Hughes

In related news, EVP Maria C. Borras sold 8,000 shares of the company's stock in a transaction on Monday, January 27th. The stock was sold at an average price of $44.77, for a total value of $358,160.00. Following the transaction, the executive vice president now directly owns 173,302 shares of the company's stock, valued at $7,758,730.54. This represents a 4.41 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.27% of the stock is currently owned by corporate insiders.

Baker Hughes Company Profile

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.