Baker Hughes Incorporated is engaged in the oilfield services industry. The Company is a supplier of oilfield services, products, technology and systems used in the oil and natural gas industry around the world. The Company also provides products and services for other businesses, including downstream chemicals, and process and pipeline services. It operates through four segments: North America; Latin America; Europe/Africa/Russia Caspian, and Middle East/Asia Pacific. In addition, the Company also has an Industrial Services segment, which includes the downstream chemicals business and the process and pipeline services business. Its oilfield products and services fall into one of the two categories, Drilling and Evaluation or Completion and Production. It also provides project solutions to its customers through its Integrated Operations group, which is focused on the execution of projects. As of December 31, 2016, it had conducted business in more than 80 countries around the world.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil Related Services and Equipment - NEC
- Sub-Industry: Oil & Gas Equipment & Services
- Symbol: NYSE:BHI
- CUSIP: 05722410
- Web: www.bakerhughes.com
- Market Cap: $22.97184 billion
- Outstanding Shares: 425,463,000
- 50 Day Moving Avg: $56.93
- 200 Day Moving Avg: $60.37
- 52 Week Range: $41.74 - $68.59
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 31.22
- P/E Growth: 117.63
- Annual Revenue: $9.43 billion
- Price / Sales: 2.42
- Book Value: $29.31 per share
- Price / Book: 1.83
- Annual Dividend: $0.68
- Dividend Yield: 1.3%
- EBIDTA: $131 million
- Net Margins: -19.99%
- Return on Equity: -4.55%
- Return on Assets: -3.08%
- Debt-to-Equity Ratio: 0.23%
- Current Ratio: 4.21%
- Quick Ratio: 3.31%
- Average Volume: 2.66 million shs.
- Beta: 0.8
- Short Ratio: 5.22
Frequently Asked Questions for Baker Hughes Incorporated (NYSE:BHI)
What is Baker Hughes Incorporated's stock symbol?
Baker Hughes Incorporated trades on the New York Stock Exchange (NYSE) under the ticker symbol "BHI."
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 Thursday, April 27th. Stockholders of record on Monday, May 8th will be paid a dividend of $0.17 per share on Friday, May 19th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date is Thursday, May 4th. View Baker Hughes Incorporated's Dividend History.
How were Baker Hughes Incorporated's earnings last quarter?
Baker Hughes Incorporated (NYSE:BHI) announced its earnings results on Tuesday, April, 25th. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.17. The business earned $2.26 billion during the quarter, compared to analyst estimates of $2.27 billion. Baker Hughes Incorporated had a negative net margin of 19.99% and a negative return on equity of 4.55%. The firm's revenue for the quarter was down 15.3% compared to the same quarter last year. During the same quarter last year, the business earned ($1.58) earnings per share. View Baker Hughes Incorporated's Earnings History.
When will Baker Hughes Incorporated make its next earnings announcement?
Where is Baker Hughes Incorporated's stock going? Where will Baker Hughes Incorporated's stock price be in 2017?
30 brokerages have issued twelve-month target prices for Baker Hughes Incorporated's stock. Their forecasts range from $37.00 to $72.00. On average, they expect Baker Hughes Incorporated's stock price to reach $61.78 in the next twelve months. View Analyst Ratings for Baker Hughes Incorporated.
What are 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 has excessive exposure to the North American market from where it generates nearly half of its sales. Business in the continent is most volatile and highly competitive.This increases the risk exposure for the company as any disruptions in the continent will affect its financials. Also, the broader business scenario for the company is not favorable. As the U.S. shale players have been gathering on oil resources adding more crude in the already oversupplied market, the commodity has been trading in the bearish territory. Most importantly, shale players are not inclined to cut down production despite the free fall in oil price. If the trend continues, oil could drop below the $40 per barrel threshold which might slow down activity for many U.S. shale drillers. This will likely get translated into fewer contracts for oilfield service players like Baker Hughes." (6/15/2017)
- 2. Jefferies Group LLC analysts commented, "Our in-depth review of GE Oil & Gas (GEOG) operating segments makes us more comfortable in how it has managed acquired businesses. We introduce a pro-forma combined PT of $73 (from $57), which includes guided cost synergies, the special dividend and incremental credit for GE helping BHI’s competitiveness longer term." (12/21/2016)
Who are some of Baker Hughes Incorporated's key competitors?
Some companies that are related to Baker Hughes Incorporated include Halliburton Company (HAL), National Oilwell Varco (NOV), Core Laboratories N.V. (CLB), RPC (RES), Antero Midstream GP LP (AMGP), John Wood Group PLC (WG), Oceaneering International (OII), McDermott International (MDR), Frank's International N.V. (FI), Superior Energy Services (SPN), Petrofac Limited (PFC), Forum Energy Technologies (FET), NCS Multistage Holdings (NCSM), USA Compression Partners, LP (USAC), Exterran Corporation (EXTN), Archrock Partners, L.P. (APLP), Fairmount Santrol Holdings (FMSA) and Helix Energy Solutions Group (HLX).
Who are Baker Hughes Incorporated's key executives?
Baker Hughes Incorporated's management team includes the folowing people:
- Martin S. Craighead, Chairman of the Board, President, Chief Executive Officer
- Belgacem Chariag, President - Global Operations
- Arthur L. Soucy, President - Products and Technology
- Murali Kuppuswamy, Chief Human Resource Officer
- Kelly C. Janzen, Chief Accounting Officer, Vice President, Controller
- Archana Deskus, Chief Information Officer, Vice President
- Jay G. Martin, Vice President, Chief Compliance Officer, Senior Deputy General Counsel
- William D. Marsh, Vice President, General Counsel
- Jack Hinton, Vice President - Health, Safety and Environment
- Derek Mathieson, Chief Commercial Officer
Who owns Baker Hughes Incorporated stock?
Baker Hughes Incorporated's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.72%), FMR LLC (7.63%), ValueAct Holdings L.P. (7.38%), Vanguard Group Inc. (6.83%), State Street Corp (5.03%) and Wellington Management Group LLP (3.63%). Company insiders that own Baker Hughes Incorporated stock include Alan J Keifer, Alan R Crain Jr, Arthur L Soucy, Belgacem Chariag, Gregory D Brenneman, Khalid M Nouh, Richard D Ward and William D Marsh. 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 Wellington Management Group LLP, FMR LLC, Principal Financial Group Inc., State Street Corp, RidgeWorth Capital Management LLC, Teachers Advisors LLC, Point72 Asset Management L.P. and Westfield Capital Management Co. LP. Company insiders that have sold Baker Hughes Incorporated stock in the last year include Alan J Keifer, Alan R Crain Jr and Belgacem Chariag. 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., ValueAct Holdings L.P., Janus Capital Management LLC, Vanguard Group Inc., Wells Fargo & Company MN, State of New Jersey Common Pension Fund D, Van ECK Associates Corp and Wexford Capital LP. 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 include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Baker Hughes Incorporated's stock price today?
MarketBeat Community Rating for Baker Hughes Incorporated (NYSE BHI)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.
One share of Baker Hughes Incorporated stock can currently be purchased for approximately $53.70.
Consensus Ratings for Baker Hughes Incorporated (NYSE:BHI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 17 Hold Ratings, 12 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.37)|
|Consensus Price Target: ||$61.78 (15.05% upside)|
Analysts' Ratings History for Baker Hughes Incorporated (NYSE:BHI)
(Data available from 6/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/27/2017||Guggenheim||Downgrade||Buy -> Neutral||Low|
|6/23/2017||Tudor Pickering||Downgrade||Buy -> Hold||Medium|
|6/22/2017||Barclays PLC||Reiterated Rating||Buy||Medium|
|6/22/2017||HSBC Holdings plc||Reiterated Rating||Hold||$60.00 -> $58.00||Medium|
|6/22/2017||BMO Capital Markets||Reiterated Rating||Hold||$65.00||Medium|
|6/21/2017||Seaport Global Securities||Downgrade||Buy -> Neutral||$64.00 -> $52.00||Medium|
|5/31/2017||Jefferies Group LLC||Set Price Target||Hold||$67.00||Low|
|5/26/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$72.00||N/A|
|4/26/2017||Evercore ISI||Set Price Target||Outperform||$76.00 -> $72.00||Low|
|3/22/2017||Scotiabank||Set Price Target||Hold||$69.00||Medium|
|3/11/2017||Citigroup Inc.||Reiterated Rating||Buy||$75.00 -> $70.00||N/A|
|2/22/2017||FBR & Co||Boost Price Target||Outperform -> Outperform||$62.00 -> $65.00||N/A|
|2/9/2017||Susquehanna Bancshares Inc||Upgrade||Neutral -> Positive||$71.00||N/A|
|1/19/2017||Societe Generale||Downgrade||Buy -> Hold||$61.74 -> $65.00||N/A|
|1/18/2017||SunTrust Banks, Inc.||Initiated Coverage||Hold||$66.00||N/A|
|1/4/2017||Credit Suisse Group||Downgrade||Outperform -> Neutral||$61.00 -> $65.00||N/A|
|12/15/2016||Howard Weil||Downgrade||Outperform -> Sector Perform||$64.00 -> $71.00||N/A|
|12/1/2016||Sanford C. Bernstein||Initiated Coverage||Market Perform||$65.00||N/A|
|11/30/2016||KeyCorp||Boost Price Target||Overweight||$63.00 -> $70.00||N/A|
|11/14/2016||DA Davidson||Reiterated Rating||Buy||N/A|
|11/1/2016||Argus||Reiterated Rating||Buy||$56.00 -> $65.00||N/A|
|11/1/2016||Raymond James Financial, Inc.||Reiterated Rating||Strong-Buy -> Outperform||$62.00 -> $65.00||N/A|
|10/31/2016||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Neutral||$41.50||N/A|
|10/26/2016||Cowen and Company||Upgrade||Market Perform -> Outperform||$47.00 -> $65.00||N/A|
|10/25/2016||Stephens||Upgrade||Equal Weight -> Overweight||N/A|
|9/30/2016||Loop Capital||Initiated Coverage||Hold||$52.00||N/A|
|8/16/2016||Nomura||Boost Price Target||Neutral||$38.00 -> $43.00||N/A|
|8/8/2016||Atlantic Securities||Initiated Coverage||Underweight||$37.00||N/A|
|8/1/2016||Deutsche Bank AG||Boost Price Target||Hold||$38.00 -> $52.00||N/A|
|7/11/2016||GMP Securities||Downgrade||Buy -> Hold||N/A|
|5/4/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||N/A|
|4/28/2016||Iberia Capital||Downgrade||Outperform -> Sector Perform||$53.00 -> $50.00||N/A|
|4/19/2016||Morgan Stanley||Boost Price Target||Equal Weight||$47.00 -> $53.00||N/A|
|4/6/2016||Wells Fargo & Company||Reiterated Rating||Buy||N/A|
|1/21/2016||Robert W. Baird||Lower Price Target||$60.00 -> $51.00||N/A|
|1/3/2016||Sterne Agee CRT||Reiterated Rating||Buy||N/A|
|7/22/2015||Oppenheimer Holdings, Inc.||Reiterated Rating||Hold||N/A|
Earnings History for Baker Hughes Incorporated (NYSE:BHI)Earnings History by Quarter for Baker Hughes Incorporated (NYSE BHI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017|| || || || || || || || |
|4/25/2017||Q1 2017||($0.21)||($0.04)||$2.27 billion||$2.26 billion||View||N/A|
|1/26/2017||Q416||($0.11)||($0.30)||$2.36 billion||$2.40 billion||View||Listen|
|10/25/2016||Q316||($0.44)||($0.15)||$2.41 billion||$2.40 billion||View||Listen|
|7/28/2016||Q216||($0.59)||($0.90)||$2.34 billion||$2.40 billion||View||Listen|
|4/27/2016||Q116||($0.33)||($1.58)||$2.85 billion||$2.67 billion||View||Listen|
|1/28/2016||Q415||($0.10)||($0.21)||$3.47 billion||$3.40 billion||View||N/A|
|10/21/2015||Q315||($0.14)||($0.05)||$3.85 billion||$3.80 billion||View||N/A|
|7/21/2015||Q215||($0.14)||($0.14)||$3.88 billion||$3.97 billion||View||N/A|
|4/21/2015||Q115||$0.52||($0.07)||$5.46 billion||$4.60 billion||View||N/A|
|1/20/2015||Q414||$1.08||$1.44||$6.41 billion||$6.60 billion||View||Listen|
|10/16/2014||Q314||$1.15||$1.02||$6.28 billion||$6.25 billion||View||Listen|
|7/17/2014||Q214||$0.89||$0.92||$5.86 billion||$5.90 billion||View||Listen|
|4/17/2014||Q114||$0.78||$0.84||$5.72 billion||$5.73 billion||View||Listen|
|1/21/2014||Q413||$0.82||$0.62||$5.95 billion||$5.86 billion||View||Listen|
|10/18/2013||Q313||$0.78||$0.81||$5.76 billion||$5.79 billion||View||Listen|
|7/19/2013||Q2 2013||$0.65||$0.54||$5.26 billion||$5.49 billion||View||Listen|
|4/19/2013||Q1 2013||$0.63||$0.65||$5.18 billion||$5.23 billion||View||Listen|
|1/23/2013||Q4 2012||$0.76||$0.62||$5.29 billion||$5.22 billion||View||N/A|
Earnings Estimates for Baker Hughes Incorporated (NYSE:BHI)
2017 EPS Consensus Estimate: $0.29
2018 EPS Consensus Estimate: $1.74
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Baker Hughes Incorporated (NYSE:BHI)
|Most Recent Dividend:||5/19/2017|
|Dividend Growth:||4.30% (3 Year Average)|
|Payout Ratio:||-15.60% (Trailing 12 Months of Earnings) |
971.43% (Based on This Year's Estimates)
39.53% (Based on Next Year's Estimates)
Dividend History by Quarter for Baker Hughes Incorporated (NYSE BHI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Baker Hughes Incorporated (NYSE:BHI)
Insider Ownership Percentage: 0.66%Insider Trades by Quarter for Baker Hughes Incorporated (NYSE:BHI)
Institutional Ownership Percentage: 91.32%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/14/2016||Gregory D Brenneman||Director||Buy||85,000||$58.84||$5,001,400.00|| |
|11/9/2016||Belgacem Chariag||VP||Sell||15,000||$58.09||$871,350.00|| |
|10/7/2016||Alan R Crain Jr||SVP||Sell||3,000||$53.00||$159,000.00|| |
|8/19/2016||Alan J Keifer||VP||Sell||17,434||$52.70||$918,771.80|| |
|8/16/2016||Alan R Crain Jr||SVP||Sell||25,999||$50.93||$1,324,129.07|| |
|8/8/2016||Alan R Crain Jr||SVP||Sell||1,226||$48.00||$58,848.00|| |
|8/3/2016||Alan R Crain Jr||SVP||Sell||7,000||$47.01||$329,070.00|| |
|6/6/2016||William D Marsh||VP||Sell||1,500||$49.10||$73,650.00|| |
|6/3/2016||Khalid M Nouh||VP||Sell||17,000||$46.15||$784,550.00|| |
|5/23/2016||Alan R Crain Jr||SVP||Sell||20,000||$44.80||$896,000.00|| |
|11/23/2015||Richard D Ward||VP||Sell||1,440||$51.47||$74,116.80|| |
|10/22/2015||Arthur L Soucy||VP||Sell||26,676||$55.72||$1,486,386.72|| |
|7/22/2015||Khalid M Nouh||VP||Sell||16,937||$60.73||$1,028,584.01|| |
|5/22/2015||Mario Ruscev||VP||Sell||27,294||$65.75||$1,794,580.50|| |
|5/5/2015||Pierre H Dr Jungels||Director||Sell||3,082||$68.05||$209,730.10|| |
|4/28/2015||Alan R Crain Jr||SVP||Sell||15,643||$68.18||$1,066,539.74|| |
|4/24/2015||Derek Mathieson||VP||Sell||100,488||$68.11||$6,844,237.68|| |
|4/6/2015||Martin S Craighead||CEO||Sell||8,000||$65.00||$520,000.00|| |
|3/5/2015||William D Marsh||VP||Sell||4,485||$62.27||$279,280.95|| |
|3/4/2015||Arthur L Soucy||VP||Sell||11,971||$62.19||$744,476.49|| |
|2/25/2015||Claire W Gargalli||Director||Sell||4,066||$63.51||$258,231.66|| |
|2/3/2015||Archana Deskus||VP||Sell||2,571||$61.62||$158,425.02|| |
|1/26/2015||Archana Deskus||VP||Sell||1,670||$58.74||$98,095.80|| |
|11/17/2014||Martin S Craighead||CEO||Sell||8,000||$66.01||$528,080.00|| |
|9/3/2014||James W Stewart||Director||Sell||35,000||$69.26||$2,424,100.00|| |
|9/2/2014||Peter A Ragauss||CFO||Sell||12,931||$68.82||$889,911.42|| |
|8/26/2014||Khalid M Nouh||VP||Sell||3,250||$69.99||$227,467.50|| |
|8/5/2014||Maria C Borras||VP||Sell||22,647||$68.66||$1,554,943.02|| |
|8/1/2014||Martin S Craighead||CEO||Sell||8,000||$68.30||$546,400.00|| |
|8/1/2014||Peter A Ragauss||CFO||Sell||10,000||$68.30||$683,000.00|| |
|7/29/2014||James A Lash||Director||Sell||1,500||$72.34||$108,510.00|| |
|7/18/2014||Didier Charreton||VP||Sell||6,536||$73.41||$479,807.76|| |
|7/18/2014||Martin S Craighead||CEO||Sell||85,489||$73.16||$6,254,375.24|| |
|7/18/2014||Pierre H Dr Jungels||Director||Sell||3,870||$73.39||$284,019.30|| |
|7/1/2014||Peter A Ragauss||CFO||Sell||10,000||$74.65||$746,500.00|| |
|6/20/2014||Alan R Crain Jr||SVP||Sell||16,796||$73.69||$1,237,697.24|| |
|6/6/2014||William D Marsh||VP||Sell||11,321||$71.95||$814,545.95|| |
|6/3/2014||Derek Mathieson||VP||Sell||52,126||$70.12||$3,655,075.12|| |
|6/2/2014||Peter A Ragauss||CFO||Sell||10,000||$70.83||$708,300.00|| |
|5/30/2014||Jay G Martin||VP||Sell||6,823||$70.71||$482,454.33|| |
|5/29/2014||Alan J Keifer||VP||Sell||10,620||$70.78||$751,683.60|| |
|5/29/2014||James A Lash||Director||Sell||2,200||$70.85||$155,870.00|| |
|5/19/2014||Khalid Nouh||VP||Sell||13,019||$69.24||$901,435.56|| |
|5/14/2014||James Stewart||Director||Sell||50,981||$69.90||$3,563,571.90|| |
|5/1/2014||Claire Gargalli||Director||Sell||5,603||$69.13||$387,335.39|| |
|5/1/2014||Peter Ragauss||CFO||Sell||10,000||$69.70||$697,000.00|| |
|4/25/2014||James Lash||Director||Sell||2,275||$69.63||$158,408.25|| |
|4/21/2014||Alan Crain, Jr.||SVP||Sell||3,000||$69.67||$209,010.00|| |
|4/21/2014||Jay Martin||VP||Sell||3,336||$70.29||$234,487.44|| |
|4/1/2014||Peter Ragauss||CFO||Sell||10,000||$65.03||$650,300.00|| |
|3/6/2014||Alan Keifer||VP||Sell||6,419||$63.60||$408,248.40|| |
|3/3/2014||Peter Ragauss||CFO||Sell||10,000||$63.09||$630,900.00|| |
|2/3/2014||James Lash||Director||Sell||2,700||$56.14||$151,578.00|| |
|1/29/2014||Alan Crain, Jr.||SVP||Sell||4,500||$55.77||$250,965.00|| |
|12/10/2013||Didier Charreton||VP||Sell||2,156||$53.37||$115,065.72|| |
|12/10/2013||James Lash||Director||Sell||11,804||$53.33||$629,507.32|| |
|11/13/2013||Belgacem Chariag||VP||Sell||41,835||$57.35||$2,399,237.25|| |
|8/12/2013||William Marsh||VP||Sell||1,645||$47.54||$78,203.30|| |
|6/7/2013||Didier Charreton||VP||Sell||3,297||$46.47||$153,211.59|| |
Headline Trends for Baker Hughes Incorporated (NYSE:BHI)
Latest Headlines for Baker Hughes Incorporated (NYSE:BHI)
Baker Hughes Incorporated (BHI) Chart for Tuesday, June, 27, 2017