NYSE:BHGE

Baker Hughes A GE Stock Forecast, Price & News

$13.13

-0.19 (-1.43 %)

(As of 09/25/2020 12:00 AM ET)

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Today's Range

$13.01

Now: $13.13▼

$13.25

50-Day Range

$13.53

MA: $15.50▼

$22.08

52-Week Range

$20.09

Now: $13.13▼

$31.26

Volume6.25 million shs

Average Volume5.32 million shs

Market Capitalization$13.63 billion

P/E Ratio19.89

Dividend Yield3.26%

Beta0.95

Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. Its Oilfield Services segment offers drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, completions tools and systems, wellbore intervention tools and services, artificial lift systems, pressure pumping systems, and oilfield and industrial chemicals for integrated oil and natural gas, and oilfield service companies. The company's Oilfield Equipment segment designs and manufactures products and services, including pressure control equipment and services, subsea production systems and services, drilling equipment, and flexible pipeline systems; and onshore and offshore drilling and production systems, and equipment for floating production platforms, as well as provides a range of services related to onshore and offshore drilling activities. Its Turbomachinery & Process Solutions segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry, as well as products and services to serve the downstream segments of industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, onshore and offshore, industrial, engineering, procurement, and construction companies. The company's Digital Solutions segment provides sensor-based measurement, non-destructive testing and inspection, turbine, generator and plant controls, and condition monitoring, as well as pipeline integrity solutions for a range of industries, including oil and gas, power generation, aerospace, metals, and transportation. It serves through direct and indirect channels. The company is based in Houston, Texas. Baker Hughes, a GE company is a subsidiary of General Electric Company.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Baker Hughes A GE has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.50, Baker Hughes A GE has a forecasted upside of 38.1% from its current price of $22.08.
Amount of Analyst Coverage
Baker Hughes A GE has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
Baker Hughes A GE has received 293 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Baker Hughes A GE has received 283 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Baker Hughes A GE has received 50.87% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Baker Hughes A GE and other stocks. Vote “Outperform” if you believe BHGE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BHGE will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Baker Hughes A GE pays a meaningful dividend of 3.26%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Baker Hughes A GE does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Baker Hughes A GE is 109.09%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Baker Hughes A GE will have a dividend payout ratio of 51.80% next year. This indicates that Baker Hughes A GE will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Baker Hughes A GE insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.21% of the stock of Baker Hughes A GE is held by insiders.
Percentage Held by Institutions
48.39% of the stock of Baker Hughes A GE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Baker Hughes A GE are expected to grow by 43.30% in the coming year, from $0.97 to $1.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Baker Hughes A GE is 33.45, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Baker Hughes A GE is 33.45, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.21.
Price to Earnings Growth Ratio
Baker Hughes A GE has a PEG Ratio of 2.86. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Baker Hughes A GE has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.23 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Oil & gas field machinery

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:BHGE

Previous SymbolNASDAQ:BHGE

CUSIPN/A

CIK1701605

Webwww.bhge.com

Phone713-439-8600

Debt

Debt-to-Equity Ratio0.18

Current Ratio1.60

Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio19.89

Forward P/E Ratio13.54

P/E Growth2.86

Sales & Book Value

Annual Sales$22.88 billion

Price / Sales0.60

Cash Flow$1.02 per share

Price / Cash Flow12.91

Book Value$33.83 per share

Price / Book0.39

Profitability

EPS (Most Recent Fiscal Year)$0.66

Net Income$195 million

Net Margins0.71%

Return on Equity1.07%

Return on Assets0.71%

Miscellaneous

Employees66,000

Outstanding Shares1,037,915,000

Market Cap$13.63 billion

Next Earnings DateN/A

OptionableOptionable

$13.13

-0.19 (-1.43 %)

(As of 09/25/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Baker Hughes A GE (NYSE:BHGE) Frequently Asked Questions

How has Baker Hughes A GE's stock been impacted by Coronavirus?

Baker Hughes A GE's stock was trading at $13.76 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BHGE stock has decreased by 4.6% and is now trading at $13.13.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Baker Hughes A GE?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baker Hughes A GE in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Baker Hughes A GE.

How were Baker Hughes A GE's earnings last quarter?

Baker Hughes A GE Co (NYSE:BHGE) issued its quarterly earnings results on Tuesday, October, 30th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.21 by $0.02. The company earned $5.67 billion during the quarter, compared to the consensus estimate of $5.88 billion. Baker Hughes A GE had a return on equity of 1.07% and a net margin of 0.71%. The company's revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the company posted $0.05 EPS.
View Baker Hughes A GE's earnings history.

What price target have analysts set for BHGE?

2 brokers have issued twelve-month price objectives for Baker Hughes A GE's stock. Their forecasts range from $30.00 to $31.00. On average, they expect Baker Hughes A GE's stock price to reach $30.50 in the next twelve months. This suggests a possible upside of 132.3% from the stock's current price.
View analysts' price targets for Baker Hughes A GE.

Who are some of Baker Hughes A GE's key competitors?

Some companies that are related to Baker Hughes A GE include Baker Hughes (BKR), National-Oilwell Varco (NOV), TechnipFMC (FTI), Cactus (WHD), Dril-Quip (DRQ), NOW (DNOW), Solaris Oilfield Infrastructure (SOI), Oil States International (OIS), Jutal Offshore Oil Services (JUTOY), Newpark Resources (NR), Forum Energy Technologies (FET), Profire Energy (PFIE), Weatherford International (WFTIF), QS Energy (QSEP) and Deep Down (DPDW).
View all competitors.

What other stocks do shareholders of Baker Hughes A GE own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Baker Hughes A GE investors own include General Electric (GE), Bank of America (BAC), Micron Technology (MU), Intel (INTC), Advanced Micro Devices (AMD), Halliburton (HAL), Schlumberger (SLB), Intelsat (I), Cisco Systems (CSCO) and Oracle (ORCL).

Who are Baker Hughes A GE's key executives?

Baker Hughes A GE's management team includes the following people:

Mr. Lorenzo Simonelli, Chairman, Pres & CEO (Age 46)
Mr. Brian Worrell, Chief Financial Officer (Age 43)
Mr. Derek M. Mathieson, Chief Marketing & Technology Officer (Age 49)
Mr. William D. Marsh, Chief Legal Officer (Age 56)
Mr. Uwem Ukpong, Chief Global Operations Officer (Age 47)

What is Baker Hughes A GE's stock symbol?

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

How do I buy shares of Baker Hughes A GE?

Shares of BHGE 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, Robinhood, Fidelity, and Charles Schwab.

What is Baker Hughes A GE's stock price today?

One share of BHGE stock can currently be purchased for approximately $13.13.

How big of a company is Baker Hughes A GE?

Baker Hughes A GE has a market capitalization of $13.63 billion and generates $22.88 billion in revenue each year. The company earns $195 million in net income (profit) each year or $0.66 on an earnings per share basis. Baker Hughes A GE employs 66,000 workers across the globe.

What is Baker Hughes A GE's official website?

The official website for Baker Hughes A GE is www.bhge.com.

How can I contact Baker Hughes A GE?

Baker Hughes A GE'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]

This page was last updated on 9/28/2020 by MarketBeat.com Staff

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