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NYSE:BKR - Baker Hughes Stock Price, Forecast & News

$17.76
-0.86 (-4.62 %)
(As of 02/27/2020 07:13 AM ET)
Today's Range
$17.67
Now: $17.76
$18.78
50-Day Range
$18.62
MA: $22.43
$25.09
52-Week Range
$17.67
Now: $17.76
$28.65
Volume11.82 million shs
Average Volume5.22 million shs
Market Capitalization$18.31 billion
P/E Ratio80.73
Dividend Yield3.87%
Beta1.08
Baker Hughes 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. 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 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.

Industry, Sector and Symbol

Industry Oil & gas field machinery
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
CIKN/A
Phone713-439-8600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$23.84 billion
Cash Flow$1.76 per share
Book Value$33.46 per share

Profitability

Net Income$128 million

Miscellaneous

Employees68,000
Outstanding Shares1,030,940,000
Market Cap$18.31 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Baker Hughes (NYSE:BKR) Frequently Asked Questions

What is Baker Hughes' stock symbol?

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

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

Baker Hughes announced a quarterly dividend on Thursday, January 23rd. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.18 per share on Friday, February 14th. This represents a $0.72 annualized dividend and a yield of 4.05%. The ex-dividend date is Friday, January 31st. View Baker Hughes' Dividend History.

How were Baker Hughes' earnings last quarter?

Baker Hughes Company (NYSE:BKR) posted its quarterly earnings data on Wednesday, January, 22nd. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.31 by $0.04. The business earned $6.35 billion during the quarter, compared to analysts' expectations of $6.47 billion. Baker Hughes had a return on equity of 1.36% and a net margin of 0.54%. The firm's quarterly revenue was up 1.3% compared to the same quarter last year. View Baker Hughes' Earnings History.

When is Baker Hughes' next earnings date?

Baker Hughes is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Baker Hughes.

What price target have analysts set for BKR?

10 equities research analysts have issued 12 month target prices for Baker Hughes' shares. Their forecasts range from $19.50 to $33.00. On average, they expect Baker Hughes' stock price to reach $27.43 in the next year. This suggests a possible upside of 54.4% from the stock's current price. View Analyst Price Targets for Baker Hughes.

What is the consensus analysts' recommendation for Baker Hughes?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baker Hughes in the last year. There are currently 2 sell ratings, 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Baker Hughes.

Has Baker Hughes been receiving favorable news coverage?

Media headlines about BKR stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Baker Hughes earned a coverage optimism score of 2.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Baker Hughes.

Are investors shorting Baker Hughes?

Baker Hughes saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 14,720,000 shares, an increase of 10.1% from the January 15th total of 13,370,000 shares. Based on an average daily volume of 4,830,000 shares, the short-interest ratio is currently 3.0 days. Currently, 2.3% of the shares of the stock are sold short. View Baker Hughes' Current Options Chain.

Who are some of Baker Hughes' key competitors?

What other stocks do shareholders of Baker Hughes own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Baker Hughes investors own include Cisco Systems (CSCO), Alibaba Group (BABA), Home Depot (HD), Verizon Communications (VZ), CVS Health (CVS), Honeywell International (HON), Walmart (WMT), General Electric (GE), Johnson & Johnson (JNJ) and Procter & Gamble (PG).

Who are Baker Hughes' key executives?

Baker Hughes' management team includes the folowing 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)
  • Ms. Maria Claudia Borras, Pres & CEO of Oilfield Services (Age 50)
  • Mr. Roderick Christie, Pres and CEO of Turbomachinery & Process Solutions (Age 57)

How do I buy shares of Baker Hughes?

Shares of BKR 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' stock price today?

One share of BKR stock can currently be purchased for approximately $17.76.

How big of a company is Baker Hughes?

Baker Hughes has a market capitalization of $18.31 billion and generates $23.84 billion in revenue each year. The company earns $128 million in net income (profit) each year or $0.85 on an earnings per share basis. Baker Hughes employs 68,000 workers across the globe.View Additional Information About Baker Hughes.

What is Baker Hughes' official website?

The official website for Baker Hughes is http://www.bhge.com/.

How can I contact Baker Hughes?

Baker Hughes' 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 (NYSE BKR)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  15 (Vote Outperform)
Underperform Votes:  13 (Vote Underperform)
Total Votes:  28
MarketBeat's community ratings are surveys of what our community members think about Baker Hughes and other stocks. Vote "Outperform" if you believe BKR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BKR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/27/2020 by MarketBeat.com Staff

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