Baker Hughes (NASDAQ:BKR) Announces Earnings Results, Beats Expectations By $0.03 EPS

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

Baker Hughes Stock Up 0.2 %

BKR stock traded up $0.07 during trading on Friday, hitting $36.45. 7,102,964 shares of the company's stock were exchanged, compared to its average volume of 6,900,110. The business has a 50-day moving average price of $41.39 and a two-hundred day moving average price of $42.07. 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 stock has a market capitalization of $36.09 billion, a price-to-earnings ratio of 12.23, a PEG ratio of 2.00 and a beta of 1.08. Baker Hughes has a 52-week low of $30.93 and a 52-week high of $49.40.

Baker Hughes Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Tuesday, May 6th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Tuesday, May 6th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.52%. Baker Hughes's payout ratio is currently 31.40%.

Analyst Ratings Changes

A number of research analysts have commented on the company. 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. TD Securities decreased their target price on Baker Hughes from $50.00 to $49.00 and set a "buy" rating on the stock in a research note on Thursday. Stifel Nicolaus set a $50.00 target price on Baker Hughes and gave the company a "buy" rating in a report on Thursday. TD Cowen cut their price target on shares of Baker Hughes from $50.00 to $49.00 and set a "buy" rating on the stock in a research note on Thursday. Finally, Susquehanna lowered their price objective on shares of Baker Hughes from $48.00 to $46.00 and set a "positive" rating for the company in a research note on Thursday. Two investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $49.11.

Insider Buying and Selling at Baker Hughes

In other news, EVP Maria C. Borras sold 8,000 shares of the business's stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $44.77, for a total transaction of $358,160.00. Following the completion of the sale, the executive vice president now owns 173,302 shares in the company, valued at approximately $7,758,730.54. The trade was a 4.41 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.27% of the stock is currently owned by insiders.

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.