Baker Hughes Co (NASDAQ: BKR): Performance Review And Growth Outlook

In the last trading session, 5.85 million Baker Hughes Co (NASDAQ:BKR) shares changed hands as the company’s beta touched 1.44. With the company’s per share price at $32.10 changed hands at -$0.35 or -1.08% during last session, the market valuation stood at $32.13B. BKR’s last price was a discount, traded about -17.07% off its 52-week high of $37.58. The share price had its 52-week low at $26.81, which suggests the last value was 16.48% up since then. When we look at Baker Hughes Co’s average trading volume, we note the 3-month average coming to 9.11 million.

Baker Hughes Co (NASDAQ:BKR) trade information

Instantly BKR was in red as seen at the end of in last trading. With action -6.11%, the performance over the past five days has been red. The drop to weekly highs of 34.28 subtracted -1.08% to the stock’s daily price. The company’s shares are showing year-to-date downside of -6.09%, with the 5-day performance at -6.11% in the red. However, in the 30-day time frame, Baker Hughes Co (NASDAQ:BKR) is -0.68% down.

Baker Hughes Co (BKR) estimates and forecasts

Data shows that the Baker Hughes Co share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -7.89% over the past 6 months, a 29.38% in annual growth rate that is considerably higher than the industry average of 3.50%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 33.59%. The 2024 estimates are for Baker Hughes Co earnings to increase by 27.85%, but the outlook for the next 5-year period is at 30.20% per year.

BKR Dividends

Baker Hughes Co is expected to release its next quarterly earnings report between April 17 and April 22. The 2.49% annual yield figure for the share gives it an annual dividend of 0.80. It is important to note, however, that the 2.49% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.