NYSE:BHGEBaker Hughes A GE Stock Price, Forecast & News

$16.51

+0.12 (+0.73 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$16.03

Now: $16.51▼

$16.73

50-Day Range

$12.41

MA: $13.91▼

$16.56

52-Week Range

$20.09

Now: $16.51▼

$31.26

Volume11.85 million shs

Average Volume7.48 million shs

Market Capitalization$17.14 billion

P/E Ratio25.02

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 7 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.67, Baker Hughes A GE has a potential upside of 79.7% from its current price of $16.51.
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 292 “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 50.78% “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.

2.5 Dividend Strength

Dividend Leadership
Baker Hughes A GE is a leading dividend payer. It pays a dividend yield of 3.26%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Baker Hughes A GE has only been increasing its dividend for 1 years.
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 25.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Baker Hughes A GE is 25.02, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.22.
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 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.40 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 Ratio25.02

Forward P/E Ratio17.02

P/E Growth2.86

Sales & Book Value

Annual Sales$22.88 billion

Price / Sales0.75

Cash Flow$1.28 per share

Price / Cash Flow12.91

Book Value$33.83 per share

Price / Book0.49

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 Shares1,037,920,000

Market Cap$17.14 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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

How has Baker Hughes A GE's stock been impacted by COVID-19 (Coronavirus)?

Baker Hughes A GE's stock was trading at $13.76 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BHGE shares have increased by 20.0% and is now trading at $16.51. View which stocks have been most impacted by Coronavirus.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baker Hughes A GE in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Baker Hughes A GE.

When is Baker Hughes A GE's next earnings date?

Baker Hughes A GE is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Baker Hughes A GE.

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

Baker Hughes A GE Co (NYSE:BHGE) announced its quarterly earnings data on Tuesday, October, 30th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.02. The business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.88 billion. Baker Hughes A GE had a return on equity of 1.07% and a net margin of 0.71%. The business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.05 EPS. View Baker Hughes A GE's earnings history.

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

Baker Hughes A GE declared a quarterly dividend on Friday, August 2nd. Stockholders of record on Tuesday, August 13th will be paid a dividend of $0.18 per share on Friday, August 23rd. This represents a $0.72 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend is Monday, August 12th. View Baker Hughes A GE's dividend history.

What price target have analysts set for BHGE?

7 brokerages have issued twelve-month price objectives for Baker Hughes A GE's stock. Their forecasts range from $27.00 to $32.00. On average, they anticipate Baker Hughes A GE's share price to reach $29.67 in the next year. This suggests a possible upside of 79.7% from the stock's current price. View analysts' price targets for Baker Hughes A GE.

Has Baker Hughes A GE been receiving favorable news coverage?

Press coverage about BHGE stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Baker Hughes A GE earned a news sentiment score of 2.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutBaker 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), Newpark Resources (NR), Forum Energy Technologies (FET), Weatherford International (WFTIF), QS Energy (QSEP), Deep Down (DPDW), Freestone Resources (FSNR) and Weatherford International (WFTIQ). 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), Schlumberger (SLB), Halliburton (HAL), Intelsat (I), Cisco Systems (CSCO), Advanced Micro Devices (AMD) 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."

Who are Baker Hughes A GE's major shareholders?

Baker Hughes A GE's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Capital World Investors (6.26%), Capital Research Global Investors (5.49%), State Street Corp (3.31%), Pzena Investment Management LLC (1.43%), Invesco Ltd. (1.10%) and The Manufacturers Life Insurance Company (1.04%). Company insiders that own Baker Hughes A GE stock include Clarence P Cazalot Jr, Electric Co General, John G Rice, Kurt Camilleri, Lorenzo Simonelli, Matthias L Heilmann, Uwem Ukpong and William D Marsh. View institutional ownership trends for Baker Hughes A GE.

Which institutional investors are selling Baker Hughes A GE stock?

BHGE stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Capital World Investors, Franklin Resources Inc., Mackenzie Financial Corp, Invesco Ltd., Two Sigma Investments LP, Wellington Management Group LLP, and Two Sigma Advisers LP. Company insiders that have sold Baker Hughes A GE company stock in the last year include Electric Co General, and Uwem Ukpong. View insider buying and selling activity for Baker Hughes A GE.

Which institutional investors are buying Baker Hughes A GE stock?

BHGE stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Pzena Investment Management LLC, JPMorgan Chase & Co., State Street Corp, Kiltearn Partners LLP, Scout Investments Inc., Carillon Tower Advisers Inc., and Alyeska Investment Group L.P.. Company insiders that have bought Baker Hughes A GE stock in the last two years include Clarence P Cazalot Jr, John G Rice, and Lorenzo Simonelli. View insider buying and selling activity for Baker Hughes A GE.

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 $16.51.

How big of a company is Baker Hughes A GE?

Baker Hughes A GE has a market capitalization of $17.14 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 5/31/2020 by MarketBeat.com Staff