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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
The WORST National Security Threat To The USA Since The 1973 Arab Oil Embargo? (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
NASDAQ:BKR

Baker Hughes - BKR Stock Forecast, Price & News

$27.88
-0.50 (-1.76%)
(As of 12/7/2022 12:00 AM ET)
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Compare
Today's Range
$27.71
$28.60
50-Day Range
$20.96
$31.02
52-Week Range
$20.42
$39.78
Volume
8.25 million shs
Average Volume
10.15 million shs
Market Capitalization
$28.12 billion
P/E Ratio
N/A
Dividend Yield
2.68%
Price Target
$34.54

Baker Hughes MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
23.9% Upside
$34.54 Price Target
Short Interest
Healthy
1.99% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.21mentions of Baker Hughes in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$8.82 M Sold Last Quarter
Proj. Earnings Growth
78.49%
From $0.93 to $1.66 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Oils/Energy Sector

62nd out of 246 stocks

Oil & Gas Field Machinery Industry

4th out of 12 stocks

BKR stock logo

About Baker Hughes (NASDAQ:BKR) Stock

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. It operates through two segments: Oilfield Services & Equipment and Industrial & Energy Technology. The company offers exploration, drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, wireline services, downhole completion tools and systems, wellbore intervention tools and services, pressure pumping systems, oilfield and industrial chemicals, and artificial lift technologies for oil and natural gas, and oilfield service companies. It also provides subsea and surface wellheads, pressure control and production systems and services, flexible pipe systems for offshore and onshore applications, and life-of-field solutions, including well intervention and decommissioning solutions; and services related to onshore and offshore drilling and production operations. In addition, the company offers equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. Further, the company provides sensor-based process measurements, machine health and condition monitoring, asset strategy and management, control systems, as well as non-destructive testing and inspection, and pipeline integrity solutions. Baker Hughes Company serves upstream, midstream, downstream, onshore, offshore, and industrial customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company is based in Houston, Texas.

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BKR Stock News Headlines

Transformation, Baker Hughes-style
9 Analysts Have This to Say About Baker Hughes
Baker Hughes EVP Trades Company's Stock
Baker Hughes EVP Trades $3.63M In Company Stock
See More Headlines
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BKR Company Calendar

Last Earnings
10/19/2022
Ex-Dividend for 11/18 Dividend
11/04/2022
Dividend Payable
11/18/2022
Today
12/07/2022
Fiscal Year End
12/31/2022
Next Earnings (Confirmed)
1/23/2023

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
N/A
Current Symbol
NASDAQ:BKR
Employees
54,000
Year Founded
1987

Price Target and Rating

Average Stock Price Forecast
$34.54
High Stock Price Forecast
$43.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
+23.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
16 Analysts

Profitability

Net Income
$-219,000,000.00
Pretax Margin
1.76%

Debt

Sales & Book Value

Annual Sales
$20.54 billion
Cash Flow
$1.54 per share
Book Value
$16.32 per share

Miscellaneous

Outstanding Shares
1,008,468,000
Free Float
1,005,039,000
Market Cap
$28.12 billion
Optionable
Optionable
Beta
1.53

Social Links


Key Executives

  • Mr. Lorenzo SimonelliMr. Lorenzo Simonelli (Age 49)
    Chairman, Pres & CEO
    Comp: $4.79M
  • Ms. Maria Claudia Borras (Age 53)
    Exec. VP of The Oilfield Services & Equipment Segment
    Comp: $2.04M
  • Mr. Roderick Christie (Age 60)
    Exec. VP of Industrial & Energy Technology
    Comp: $1.85M
  • Mr. Brian WorrellMr. Brian Worrell (Age 46)
    Strategic Advisor
    Comp: $6.34M
  • Ms. Nancy K. Buese CPA (Age 52)
    Chief Financial Officer
  • Mr. Kurt CamilleriMr. Kurt Camilleri (Age 47)
    Sr. VP, Controller & Chief Accounting Officer
  • Mr. Jeff Fleece
    Chief Information Officer
  • Mr. Judson Edwin Bailey CFA
    VP of Investor Relations
  • Ms. Regina Bynote Jones (Age 51)
    Chief Legal Officer
  • Ms. Deanna L. Jones (Age 53)
    Exec. VP of People, Communications & Transformation













BKR Stock - Frequently Asked Questions

Should I buy or sell Baker Hughes stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Baker Hughes in the last twelve months. There are currently 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BKR shares.
View BKR analyst ratings
or view top-rated stocks.

What is Baker Hughes' stock price forecast for 2023?

16 Wall Street analysts have issued 12-month price targets for Baker Hughes' shares. Their BKR share price forecasts range from $29.00 to $43.00. On average, they anticipate the company's stock price to reach $34.54 in the next year. This suggests a possible upside of 23.9% from the stock's current price.
View analysts price targets for BKR
or view top-rated stocks among Wall Street analysts.

How have BKR shares performed in 2022?

Baker Hughes' stock was trading at $24.06 at the start of the year. Since then, BKR stock has increased by 15.9% and is now trading at $27.88.
View the best growth stocks for 2022 here
.

Are investors shorting Baker Hughes?

Baker Hughes saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 20,050,000 shares, an increase of 5.1% from the October 31st total of 19,080,000 shares. Based on an average daily trading volume, of 9,140,000 shares, the short-interest ratio is currently 2.2 days.
View Baker Hughes' Short Interest
.

When is Baker Hughes' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, January 23rd 2023.
View our BKR earnings forecast
.

How can I listen to Baker Hughes' earnings call?

Baker Hughes will be holding an earnings conference call on Monday, January 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Baker Hughes' earnings last quarter?

Baker Hughes (NASDAQ:BKR) posted its earnings results on Wednesday, October, 19th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.02. The business earned $5.36 billion during the quarter, compared to analyst estimates of $5.43 billion. Baker Hughes had a positive trailing twelve-month return on equity of 4.77% and a negative net margin of 2.36%. The firm's quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.16 EPS.

How often does Baker Hughes pay dividends? What is the dividend yield for Baker Hughes?

Baker Hughes announced a quarterly dividend on Thursday, October 27th. Investors of record on Monday, November 7th will be given a dividend of $0.19 per share on Friday, November 18th. This represents a $0.76 annualized dividend and a yield of 2.73%. The ex-dividend date is Friday, November 4th. This is a boost from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for BKR
.

Is Baker Hughes a good dividend stock?

Baker Hughes (NASDAQ:BKR) pays an annual dividend of $0.76 per share and currently has a dividend yield of 2.68%.
Read our dividend analysis for BKR.

What is Baker Hughes' stock symbol?

Baker Hughes trades on the NASDAQ under the ticker symbol "BKR."

Who are Baker Hughes' major shareholders?

Baker Hughes' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.84%), BlackRock Inc. (8.39%), State Street Corp (6.61%), General Electric Co. (3.25%), Bank of New York Mellon Corp (1.15%) and Alliancebernstein L.P. (0.91%). Insiders that own company stock include Baker Hughes Holdings Llc, Brian Worrell, Electric Co General, Gregory D Brenneman, Kurt Camilleri, Lorenzo Simonelli, Maria C Borras, Maria C Borras, Michael R Dumais, Neil Saunders, Paul Edward Walker, Rami Qasem, Regina Jones, Sean P Downes, Uwem Ukpong, William G Beattie and William G Beattie.
View institutional ownership trends
.

How do I buy shares of Baker Hughes?

Shares of BKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Baker Hughes' stock price today?

One share of BKR stock can currently be purchased for approximately $27.88.

How much money does Baker Hughes make?

Baker Hughes (NASDAQ:BKR) has a market capitalization of $28.12 billion and generates $20.54 billion in revenue each year. The company earns $-219,000,000.00 in net income (profit) each year or ($0.46) on an earnings per share basis.

How many employees does Baker Hughes have?

The company employs 54,000 workers across the globe.

Does Baker Hughes have any subsidiaries?
The following companies are subsidiares of Baker Hughes: Baker Hughes International Partners Holdings SCS, Avitas Systems, BJ Services Company, BJS Holdings 2 S.à r.l., Baker Hughes Holdings 3 S.à r.l., Baker Hughes Holdings 4 S.à r.l., Baker Hughes Holdings 5 S.à r.l., Baker Hughes Holdings I B.V., Baker Hughes Holdings II B.V., Baker Hughes International Coöperatief U.A., Baker Hughes International Holdings S.à r.l., Baker Hughes International Partners S.à r.l., Baker Hughes Luxembourg Holdings S.C.A., Compact Carbon Capture, JOA Oil & Gas, Luna Energy, Nova Technology Corporation, and US SCS Partner LLC.
Read More
How can I contact Baker Hughes?

Baker Hughes' mailing address is 17021 ALDINE WESTFIELD, HOUSTON TX, 77073. The official website for the company is www.bhge.com. The company can be reached via phone at (713) 439-8600, via email at investor.relations@bakerhughes.com, or via fax at 713-439-8699.

This page (NASDAQ:BKR) was last updated on 12/8/2022 by MarketBeat.com Staff