Baker Hughes Incorporated Stock Price, News & Analysis (NYSE:BHGE)

$30.91 0.76 (2.52 %)
(As of 11/18/2017 04:00 PM ET)
Previous Close$30.91
Today's Range$31.02 - $30.16
52-Week Range$29.62 - $68.59
Volume2.69 million shs
Average Volume4.27 million shs
Market Capitalization$13.23492 billion
P/E RatioN/A
Dividend Yield6.99%
Beta0.79

About Baker Hughes Incorporated (NYSE:BHGE)

Baker Hughes Incorporated logo


Industry, Sector and Symbol:
  • Industry: N/A
  • Sub-Industry: N/A
  • Sector: Oils/Energy
  • Symbol: NYSE:BHGE
  • Previous Symbol: NASDAQ:BHGE
  • CUSIP: N/A
  • Web: www.bhge.com
Debt:
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 1.90%
  • Quick Ratio: 1.29%
Price-To-Earnings:
  • Forward P/E Ratio: 75.39
  • P/E Growth: 3.8
Sales & Book Value:
  • Annual Sales: $9.841 billion
  • Price / Sales: 1.34
  • Cash Flow: $4.12 per share
  • Price / Cash: 7.51
  • Book Value: $30.13 per share
  • Price / Book: 1.03
Dividend:
  • Annual Dividend: $2.16
  • Dividend Yield: 7.0%
Profitability:
  • Trailing EPS: ($1.94)
  • Net Income: ($2,738,000,000.00)
  • Net Margins: -6.66%
  • Return on Equity: -0.84%
  • Return on Assets: -0.59%
Misc:
  • Employees: 33,000
  • Outstanding Shares: 428,180,000
 

Frequently Asked Questions for Baker Hughes Incorporated (NYSE:BHGE)

What is Baker Hughes Incorporated's stock symbol?

Baker Hughes Incorporated trades on the New York Stock Exchange (NYSE) under the ticker symbol "BHGE."

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

Baker Hughes Incorporated declared a quarterly dividend on Friday, October 27th. Stockholders of record on Monday, November 6th will be paid a dividend of $0.18 per share on Wednesday, November 22nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date is Friday, November 3rd. This is a positive change from Baker Hughes Incorporated's previous quarterly dividend of $0.17. View Baker Hughes Incorporated's Dividend History.

How were Baker Hughes Incorporated's earnings last quarter?

Baker Hughes Incorporated (NYSE:BHGE) released its quarterly earnings results on Friday, October, 20th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.07. The firm had revenue of $5.38 billion for the quarter, compared to analysts' expectations of $5.52 billion. Baker Hughes Incorporated had a negative net margin of 6.66% and a negative return on equity of 0.84%. The company's quarterly revenue was up 77.7% compared to the same quarter last year. View Baker Hughes Incorporated's Earnings History.

When will Baker Hughes Incorporated make its next earnings announcement?

Baker Hughes Incorporated is scheduled to release their next quarterly earnings announcement on Thursday, January, 25th 2018. View Earnings Estimates for Baker Hughes Incorporated.

Where is Baker Hughes Incorporated's stock going? Where will Baker Hughes Incorporated's stock price be in 2017?

19 analysts have issued 1 year target prices for Baker Hughes Incorporated's shares. Their predictions range from $30.00 to $53.00. On average, they expect Baker Hughes Incorporated's stock price to reach $40.50 in the next twelve months. View Analyst Ratings for Baker Hughes Incorporated.

What are Wall Street analysts saying about Baker Hughes Incorporated stock?

Here are some recent quotes from research analysts about Baker Hughes Incorporated stock:

  • 1. According to Zacks Investment Research, "Baker Hughes, a GE Company is a provider of integrated oilfield products, services and digital solutions. Baker Hughes a GE Company, formerly known as Baker Hughes, is based in Houston, United States. " (11/13/2017)
  • 2. Barclays PLC analysts commented, "show me story," with concerns about cash conversion and capital allocation, among others.Barclays said the bar remains quite low at least for now, with the 2018 EBITDA estimate well below the guidance."While not immune to offshore and international headwinds, the new Baker Hughes is differentiated from its Large Cap OFS peers with a defensive global full-stream energy portfolio better suited for lower-for-longer oil prices," (8/31/2017)

Are investors shorting Baker Hughes Incorporated?

Baker Hughes Incorporated saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 4,834,376 shares, a drop of 40.3% from the October 13th total of 8,103,680 shares. Based on an average daily trading volume, of 4,315,076 shares, the short-interest ratio is presently 1.1 days. Approximately 1.1% of the shares of the stock are short sold.

Who are some of Baker Hughes Incorporated's key competitors?

Who owns Baker Hughes Incorporated stock?

Baker Hughes Incorporated's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include ValueAct Holdings L.P. (7.34%), American Century Companies Inc. (1.40%), TCW Group Inc. (0.00%), Bank of New York Mellon Corp (0.00%), Janus Henderson Group PLC (0.54%) and Dimensional Fund Advisors LP (0.53%). Company insiders that own Baker Hughes Incorporated stock include Brian Worrell, John G Rice, Lorenzo Simonelli and Matthias L Heilmann. View Institutional Ownership Trends for Baker Hughes Incorporated.

Who sold Baker Hughes Incorporated stock? Who is selling Baker Hughes Incorporated stock?

Baker Hughes Incorporated's stock was sold by a variety of institutional investors in the last quarter, including South Dakota Investment Council. View Insider Buying and Selling for Baker Hughes Incorporated.

Who bought Baker Hughes Incorporated stock? Who is buying Baker Hughes Incorporated stock?

Baker Hughes Incorporated's stock was purchased by a variety of institutional investors in the last quarter, including ValueAct Holdings L.P., American Century Companies Inc., TCW Group Inc., Bank of New York Mellon Corp, Janus Henderson Group PLC, Dimensional Fund Advisors LP, Van ECK Associates Corp and Legal & General Group Plc. Company insiders that have bought Baker Hughes Incorporated stock in the last two years include Brian Worrell, John G Rice, Lorenzo Simonelli and Matthias L Heilmann. View Insider Buying and Selling for Baker Hughes Incorporated.

How do I buy Baker Hughes Incorporated stock?

Shares of Baker Hughes Incorporated can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Baker Hughes Incorporated's stock price today?

One share of Baker Hughes Incorporated stock can currently be purchased for approximately $30.91.

How big of a company is Baker Hughes Incorporated?

Baker Hughes Incorporated has a market capitalization of $13.23492 billion and generates $9.841 billion in revenue each year. The company earns ($2,738,000,000.00) in net income (profit) each year or ($1.94) on an earnings per share basis. Baker Hughes Incorporated employs 33,000 workers across the globe.

How can I contact Baker Hughes Incorporated?

Baker Hughes Incorporated's mailing address is 17021 ALDINE WESTFIELD, HOUSTON TX, 77073. The company can be reached via phone at 713-439-8600 or via email at [email protected]


MarketBeat Community Rating for Baker Hughes Incorporated (NYSE BHGE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  58 (Vote Outperform)
Underperform Votes:  65 (Vote Underperform)
Total Votes:  123
MarketBeat's community ratings are surveys of what our community members think about Baker Hughes Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Baker Hughes Incorporated (NYSE:BHGE)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 11 Hold Ratings, 6 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.21)
Consensus Price Target: $40.50 (31.03% upside)

Consensus Price Target History for Baker Hughes Incorporated (NYSE:BHGE)

Price Target History for Baker Hughes Incorporated (NYSE:BHGE)

Analysts' Ratings History for Baker Hughes Incorporated (NYSE:BHGE)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/3/2017B. RileyReiterated RatingNeutralN/AView Rating Details
10/26/2017Barclays PLCSet Price TargetBuy$43.00 -> $41.00N/AView Rating Details
10/25/2017Citigroup Inc.Lower Price TargetBuy$44.00 -> $41.00N/AView Rating Details
10/25/2017Royal Bank Of CanadaSet Price TargetOutperform -> Outperform$44.00 -> $38.00N/AView Rating Details
10/24/2017Piper Jaffray CompaniesReiterated RatingHoldN/AView Rating Details
10/23/2017Morgan StanleySet Price TargetBuy$55.00 -> $53.00N/AView Rating Details
10/23/2017Loop CapitalSet Price TargetHold$40.00 -> $37.00N/AView Rating Details
10/21/2017ScotiabankSet Price TargetHold$44.00N/AView Rating Details
10/18/2017Cowen and CompanySet Price TargetBuy$50.00N/AView Rating Details
10/10/2017Deutsche Bank AGInitiated CoverageHold$35.00N/AView Rating Details
10/2/2017Susquehanna Bancshares IncReiterated RatingPositive -> Neutral$42.00 -> $38.00LowView Rating Details
9/25/2017Bank of America CorporationInitiated CoverageUnderperform -> Underperform$36.00HighView Rating Details
9/21/2017J P Morgan Chase & CoLower Price TargetNeutral -> Neutral$32.00 -> $30.00LowView Rating Details
9/10/2017Jefferies Group LLCReiterated RatingHold$40.00MediumView Rating Details
8/27/2017ArgusInitiated CoverageBuyLowView Rating Details
7/20/2017Seaport Global SecuritiesReiterated RatingNeutralLowView Rating Details
7/18/2017Goldman Sachs Group, Inc. (The)Reiterated RatingSell -> Sell$37.00MediumView Rating Details
7/17/2017FBR & CoInitiated CoverageOutperform -> Market Perform$42.00LowView Rating Details
7/13/2017BMO Capital MarketsReiterated RatingHold$65.00 -> $43.00LowView Rating Details
(Data available from 11/19/2015 forward)

Earnings

Earnings History and Estimates Chart for Baker Hughes Incorporated (NYSE:BHGE)

Earnings by Quarter for Baker Hughes Incorporated (NYSE:BHGE)

Earnings History by Quarter for Baker Hughes Incorporated (NYSE BHGE)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/25/2018        
10/20/2017Q3 2017$0.12$0.05$5.52 billion$5.38 billionViewN/AView Earnings Details
7/28/2017Q2 2017$0.16($0.11)$2.35 billion$2.40 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Baker Hughes Incorporated (NYSE:BHGE)
Current Year EPS Consensus Estimate: $0.41 EPS
Next Year EPS Consensus Estimate: $1.06 EPS

Dividends

Current Dividend Information for Baker Hughes Incorporated (NYSE:BHGE)

Next Dividend:11/22/2017
Annual Dividend:$2.16
Dividend Yield:6.99%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-111.34% (Trailing 12 Months of Earnings)
526.83% (Based on This Year's Estimates)
203.77% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Baker Hughes Incorporated (NYSE:BHGE)

Dividend History by Quarter for Baker Hughes Incorporated (NYSE BHGE)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/27/2017quarterly$0.182.29%11/3/201711/6/201711/22/2017
8/1/2017Monthly$0.171.92%8/9/20178/11/20178/25/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Baker Hughes Incorporated (NYSE BHGE)

Insider Ownership Percentage: 0.66%
Institutional Ownership Percentage: 84.69%
Insider Trades by Quarter for Baker Hughes Incorporated (NYSE:BHGE)
Insider Trades by Quarter for Baker Hughes Incorporated (NYSE:BHGE)

Insider Trades by Quarter for Baker Hughes Incorporated (NYSE BHGE)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/26/2017Matthias L HeilmannInsiderBuy1,500$30.04$45,060.00View SEC Filing  
8/18/2017Lorenzo SimonelliInsiderBuy6,100$32.99$201,239.00View SEC Filing  
8/2/2017Brian WorrellCFOBuy2,801$35.24$98,707.24View SEC Filing  
8/2/2017John G RiceDirectorBuy5,000$35.37$176,850.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Baker Hughes Incorporated (NYSE BHGE)

Source:
DateHeadline
Baker Hughes Incorporated (BHGE) Receives Consensus Recommendation of "Hold" from AnalystsBaker Hughes Incorporated (BHGE) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - November 19 at 8:30 AM
Short Interest in Baker Hughes, a GE company (BHGE) Declines By 40.3%Short Interest in Baker Hughes, a GE company (BHGE) Declines By 40.3%
www.americanbankingnews.com - November 15 at 12:26 AM

Social Media

Financials

Financials are not available for this stock.

Chart

Baker Hughes Incorporated (NYSE BHGE) Chart for Sunday, November, 19, 2017
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This page was last updated on 11/19/2017 by MarketBeat.com Staff

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