Atb Cap Markets Forecasts Weaker Earnings for Baker Hughes

Baker Hughes (NASDAQ:BKR - Free Report) - Research analysts at Atb Cap Markets reduced their Q1 2026 earnings estimates for Baker Hughes in a research note issued to investors on Tuesday, June 10th. Atb Cap Markets analyst W. Syed now forecasts that the company will earn $0.45 per share for the quarter, down from their previous forecast of $0.46. The consensus estimate for Baker Hughes' current full-year earnings is $2.59 per share. Atb Cap Markets also issued estimates for Baker Hughes' Q2 2026 earnings at $0.63 EPS, Q3 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.47 EPS and FY2027 earnings at $2.62 EPS.

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

Several other equities analysts also recently commented on the stock. Royal Bank of Canada decreased their price objective 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. Susquehanna decreased their price target on shares of Baker Hughes from $48.00 to $46.00 and set a "positive" rating on the stock in a research note on Thursday, April 24th. Piper Sandler decreased 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. TD Cowen decreased 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, April 24th. Finally, Citigroup cut their price objective on shares of Baker Hughes from $54.00 to $53.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $49.11.

Baker Hughes Stock Down 1.0%

BKR traded down $0.40 during trading on Thursday, reaching $38.63. 4,991,040 shares of the stock were exchanged, compared to its average volume of 7,058,754. The stock has a market cap of $38.27 billion, a P/E ratio of 12.96, a price-to-earnings-growth ratio of 2.00 and a beta of 0.91. Baker Hughes has a twelve month low of $30.93 and a twelve month high of $49.40. The stock's 50 day moving average price is $37.21 and its two-hundred day moving average price is $41.46. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.94 and a current ratio of 1.32.

Hedge Funds Weigh In On Baker Hughes

Several large investors have recently bought and sold shares of the stock. Dynasty Wealth Management LLC increased its holdings in Baker Hughes by 2.7% in the 4th quarter. Dynasty Wealth Management LLC now owns 7,904 shares of the company's stock worth $324,000 after acquiring an additional 207 shares during the last quarter. Larson Financial Group LLC increased its holdings in Baker Hughes by 41.2% in the 4th quarter. Larson Financial Group LLC now owns 740 shares of the company's stock worth $30,000 after acquiring an additional 216 shares during the last quarter. Alpine Woods Capital Investors LLC increased its holdings in Baker Hughes by 0.7% in the 4th quarter. Alpine Woods Capital Investors LLC now owns 40,467 shares of the company's stock worth $1,660,000 after acquiring an additional 267 shares during the last quarter. Cromwell Holdings LLC increased its holdings in Baker Hughes by 9.3% in the 4th quarter. Cromwell Holdings LLC now owns 3,169 shares of the company's stock worth $130,000 after acquiring an additional 269 shares during the last quarter. Finally, Prosperity Consulting Group LLC increased its holdings in Baker Hughes by 2.7% in the 1st quarter. Prosperity Consulting Group LLC now owns 10,533 shares of the company's stock worth $463,000 after acquiring an additional 278 shares during the last quarter. 92.06% of the stock is currently owned by institutional investors.

Baker Hughes Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Tuesday, May 6th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 2.38%. The ex-dividend date of this dividend was Tuesday, May 6th. Baker Hughes's dividend payout ratio (DPR) is presently 31.40%.

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.