Brokers Set Expectations for Baker Hughes FY2025 Earnings

Baker Hughes (NASDAQ:BKR - Free Report) - Investment analysts at Atb Cap Markets lowered their FY2025 EPS estimates for Baker Hughes in a note issued to investors on Monday, June 2nd. Atb Cap Markets analyst W. Syed now expects that the company will earn $2.25 per share for the year, down from their prior forecast of $2.26. The consensus estimate for Baker Hughes' current full-year earnings is $2.59 per share. Atb Cap Markets also issued estimates for Baker Hughes' Q4 2025 earnings at $0.65 EPS, Q1 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.66 EPS, FY2026 earnings at $2.51 EPS, Q1 2027 earnings at $0.51 EPS and FY2027 earnings at $2.66 EPS.

A number of other equities research analysts have also recently weighed in on BKR. TD Cowen dropped their price objective 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. TD Securities dropped their target price on Baker Hughes from $50.00 to $49.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Piper Sandler cut their price target on shares of Baker Hughes from $53.00 to $50.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Benchmark reissued a "buy" rating and issued a $57.00 price objective on shares of Baker Hughes in a research note on Tuesday, February 11th. Finally, Barclays cut their target price on shares of Baker Hughes from $54.00 to $48.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Two investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $49.11.

Baker Hughes Trading Down 0.4%

Baker Hughes stock traded down $0.14 during trading on Wednesday, hitting $37.15. The company had a trading volume of 4,728,878 shares, compared to its average volume of 7,089,075. The stock has a market cap of $36.81 billion, a price-to-earnings ratio of 12.47, a price-to-earnings-growth ratio of 2.00 and a beta of 0.96. The company has a current ratio of 1.32, a quick ratio of 0.94 and a debt-to-equity ratio of 0.35. Baker Hughes has a 1-year low of $30.93 and a 1-year high of $49.40. The company's 50 day simple moving average is $37.58 and its 200-day simple moving average is $41.65.

Baker Hughes (NASDAQ:BKR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.03. The business had revenue of $6.43 billion during the quarter, compared to the consensus estimate of $6.54 billion. Baker Hughes had a net margin of 10.70% and a return on equity of 14.58%.

Baker Hughes Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Tuesday, May 6th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend was Tuesday, May 6th. Baker Hughes's dividend payout ratio (DPR) is 31.40%.

Institutional Trading of Baker Hughes

A number of institutional investors have recently modified their holdings of the business. Dynasty Wealth Management LLC boosted its position in shares of Baker Hughes by 2.7% during the 4th quarter. Dynasty Wealth Management LLC now owns 7,904 shares of the company's stock worth $324,000 after purchasing an additional 207 shares in the last quarter. Larson Financial Group LLC boosted its holdings in 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. Alpine Woods Capital Investors LLC grew its position in Baker Hughes by 0.7% during the fourth quarter. Alpine Woods Capital Investors LLC now owns 40,467 shares of the company's stock worth $1,660,000 after buying an additional 267 shares during the period. Cromwell Holdings LLC increased its holdings in Baker Hughes by 9.3% in the fourth quarter. Cromwell Holdings LLC now owns 3,169 shares of the company's stock valued at $130,000 after buying an additional 269 shares in the last quarter. Finally, Prosperity Consulting Group LLC increased its stake in Baker Hughes by 2.7% in the 1st quarter. Prosperity Consulting Group LLC now owns 10,533 shares of the company's stock valued at $463,000 after purchasing an additional 278 shares in the last quarter. 92.06% of the stock is currently owned by hedge funds and other institutional investors.

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.