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Baker Hughes Stock Forecast, Price & News

$23.93
-0.07 (-0.29%)
(As of 12/3/2021 02:16 PM ET)
Add
Compare
Today's Range
$23.86
$24.40
50-Day Range
$22.55
$26.96
52-Week Range
$18.75
$27.66
Volume
308,148 shs
Average Volume
8.54 million shs
Market Capitalization
$24.81 billion
P/E Ratio
104.04
Dividend Yield
3.07%
Beta
1.67
30 days | 90 days | 365 days | Advanced Chart
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Baker Hughes logo

About Baker Hughes

Baker Hughes Co. is a holding company. The firm engages in the provision of oilfield products, services, and digital solutions. It operates through the following segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS) and Digital Solutions (DS). The OFS segment provides products and services for on and offshore operations across the lifecycle of a well, ranging from drilling, evaluation, completion, production, and intervention. The OFE segment provides a broad portfolio of products and services required to facilitate the safe and reliable flow of hydrocarbons from the subsea wellhead to the surface production facilities. The TPS segment provides equipment and related services for mechanical-drive, compression and power-generation applications. The DS segment provides operating technologies helping to improve the health, productivity, and safety of asset intensive industries and enable the Industrial Internet of Things. The company was founded in April, 1987 and is headquartered in Houston, TX.

Headlines

Inflation: How consumers are navigating price hikes
December 1, 2021 |  finance.yahoo.com
Baker Hughes (NYSE:BKR) Now Covered by Benchmark
November 19, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
N/A
Employees
55,000
Year Founded
1987

Sales & Book Value

Annual Sales
$20.71 billion
Cash Flow
$16.50 per share
Book Value
$17.63 per share

Profitability

Net Income
$-9.94 billion
Pretax Margin
6.14%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
1,036,614,000
Free Float
1,033,608,000
Market Cap
$24.81 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/19/2021
Ex-Dividend
11/01/2021
Dividend Payable
11/12/2021
Today
12/03/2021
Fiscal Year End
12/31/2021
Next Earnings (Confirmed)
1/20/2022

Social Links


MarketRank

Overall MarketRank

2.89 out of 5 stars

Oils/Energy Sector

35th out of 356 stocks

Oil & Gas Field Machinery Industry

3rd out of 14 stocks

Analyst Opinion: 3.4Community Rank: 5.0Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Baker Hughes (NYSE:BKR) Frequently Asked Questions

Is Baker Hughes a buy right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Baker Hughes in the last year. There are currently 4 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Baker Hughes stock.
View analyst ratings for Baker Hughes
or view top-rated stocks.

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

Baker Hughes' stock was trading at $12.71 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BKR stock has increased by 88.3% and is now trading at $23.93.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Baker Hughes?

Baker Hughes saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 32,450,000 shares, a decrease of 56.1% from the October 31st total of 73,920,000 shares. Based on an average daily trading volume, of 9,220,000 shares, the short-interest ratio is presently 3.5 days.
View Baker Hughes' Short Interest
.

When is Baker Hughes' next earnings date?

Baker Hughes is scheduled to release its next quarterly earnings announcement on Thursday, January 20th 2022.
View our earnings forecast for Baker Hughes
.

How can I listen to Baker Hughes' earnings call?

Baker Hughes will be holding an earnings conference call on Thursday, January 20th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Baker Hughes' earnings last quarter?

Baker Hughes (NYSE:BKR) posted its quarterly earnings results on Tuesday, October, 19th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.05. The business had revenue of $5.38 billion for the quarter, compared to analyst estimates of $5.32 billion. Baker Hughes had a net margin of 0.69% and a trailing twelve-month return on equity of 1.51%. The business's revenue was up 5.6% on a year-over-year basis. During the same period last year, the company earned $0.04 earnings per share.
View Baker Hughes' earnings history
.

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

Baker Hughes declared a quarterly dividend on Friday, October 22nd. Shareholders of record on Tuesday, November 2nd will be paid a dividend of $0.18 per share on Friday, November 12th. This represents a $0.72 annualized dividend and a yield of 3.01%. The ex-dividend date of this dividend is Monday, November 1st.
View Baker Hughes' dividend history
.

Is Baker Hughes a good dividend stock?

Baker Hughes pays an annual dividend of $0.72 per share and currently has a dividend yield of 3.07%. The dividend payout ratio of Baker Hughes is 313.04%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Baker Hughes will have a dividend payout ratio of 58.54% next year. This indicates that Baker Hughes will be able to sustain or increase its dividend.
View Baker Hughes' dividend history.

What price target have analysts set for BKR?

18 brokers have issued twelve-month target prices for Baker Hughes' stock. Their forecasts range from $20.00 to $36.00. On average, they expect Baker Hughes' stock price to reach $27.63 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
View analysts' price targets for Baker Hughes
or view top-rated stocks among Wall Street analysts.

Who are Baker Hughes' key executives?

Baker Hughes' management team includes the following people:

What is Lorenzo Simonelli's approval rating as Baker Hughes' CEO?

574 employees have rated Baker Hughes CEO Lorenzo Simonelli on Glassdoor.com. Lorenzo Simonelli has an approval rating of 75% among Baker Hughes' employees.

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 AT&T (T), Pfizer (PFE), AbbVie (ABBV), Boeing (BA), Verizon Communications (VZ), Cisco Systems (CSCO), Chevron (CVX), Halliburton (HAL), Johnson & Johnson (JNJ) and Caterpillar (CAT).

What is Baker Hughes' stock symbol?

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

Who are Baker Hughes' major shareholders?

Baker Hughes' stock is owned by a number of institutional and retail investors. Top institutional shareholders include General Electric Co. (20.53%), Capital World Investors (9.76%), BlackRock Inc. (7.61%), Capital Research Global Investors (5.59%), Pzena Investment Management LLC (2.34%) and Invesco Ltd. (1.83%). Company insiders that own Baker Hughes stock include Baker Hughes Holdings Llc, Brian Worrell, Electric Co General, Kurt Camilleri, Lorenzo Simonelli, Maria C Borras, Maria C Borras, Paul Edward Walker, Rami Qasem, Sean P Downes, Uwem Ukpong and William G Beattie.
View institutional ownership trends for Baker Hughes
.

Which major investors are selling Baker Hughes stock?

BKR stock was sold by a variety of institutional investors in the last quarter, including General Electric Co., Renaissance Technologies LLC, Goldman Sachs Group Inc., Iridian Asset Management LLC CT, The Manufacturers Life Insurance Company , Squarepoint Ops LLC, AXA S.A., and KBC Group NV. Company insiders that have sold Baker Hughes company stock in the last year include Baker Hughes Holdings Llc, Brian Worrell, Electric Co General, Kurt Camilleri, Maria C Borras, Rami Qasem, Sean P Downes, and Uwem Ukpong.
View insider buying and selling activity for Baker Hughes
or view top insider-selling stocks.

Which major investors are buying Baker Hughes stock?

BKR stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, BlackRock Inc., FIL Ltd, Capital Research Global Investors, Scout Investments Inc., Geode Capital Management LLC, Invesco Ltd., and American Century Companies Inc.. Company insiders that have bought Baker Hughes stock in the last two years include Brian Worrell, Lorenzo Simonelli, Paul Edward Walker, and William G Beattie.
View insider buying and selling activity for Baker Hughes
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Baker Hughes' stock price today?

One share of BKR stock can currently be purchased for approximately $23.93.

How much money does Baker Hughes make?

Baker Hughes has a market capitalization of $24.81 billion and generates $20.71 billion in revenue each year. The company earns $-9.94 billion in net income (profit) each year or $0.23 on an earnings per share basis.

How many employees does Baker Hughes have?

Baker Hughes employs 55,000 workers across the globe.

Does Baker Hughes have any subsidiaries?

The following companies are subsidiares of Baker Hughes: Baker Hughes International Partners Holdings SCS, Avitas Systems, BJ Services Company, BJS Holdings 2 S.à r.l., Baker Hughes Holdings 3 S.à r.l., Baker Hughes Holdings 4 S.à r.l., Baker Hughes Holdings 5 S.à r.l., Baker Hughes Holdings I B.V., Baker Hughes Holdings II B.V., Baker Hughes International Coöperatief U.A., Baker Hughes International Holdings S.à r.l., Baker Hughes International Partners S.à r.l., Baker Hughes Luxembourg Holdings S.C.A., Compact Carbon Capture, JOA Oil & Gas, Luna Energy, Nova Technology Corporation, and US SCS Partner LLC.

When was Baker Hughes founded?

Baker Hughes was founded in 1987.

What is Baker Hughes' official website?

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

Where are Baker Hughes' headquarters?

Baker Hughes is headquartered at 17021 ALDINE WESTFIELD, HOUSTON TX, 77073.

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, via email at [email protected], or via fax at 713-439-8699.


This page was last updated on 12/3/2021 by MarketBeat.com Staff

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