Baker Hughes Co (NASDAQ:BKR)’s traded shares stood at 0.81 million during the latest session, with the company’s beta value hitting 0.90. At the last check today, the stock’s price was $36.67, to imply an increase of 1.33% or $0.48 in intraday trading. The BKR share’s 52-week high remains $49.40, putting it -34.72% down since that peak but still an impressive 15.65% since price per share fell to its 52-week low of $30.93. The company has a valuation of $36.33B, with an average of 8.55 million shares in intraday trading volume over the past 10 days and average of 8.43 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Baker Hughes Co (BKR), translating to a mean rating of 1.52. Of 12 analyst(s) looking at the stock, 0 analyst(s) give BKR a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.56.
Baker Hughes Co (NASDAQ:BKR) trade information
After registering a 1.33% upside in the latest session, Baker Hughes Co (BKR) has traded red over the past five days. The 5-day price performance for the stock is 0.60%, and -18.37% over 30 days. With these gigs, the year-to-date price performance is -10.60%. Short interest in Baker Hughes Co (NASDAQ:BKR) saw shorts transact 27.92 million shares and set a 2.9 days time to cover.
The extremes give us $50 and $52 for target low and target high price respectively. As such, BKR has been trading -41.81% off suggested target high and -36.35% from its likely low.
Baker Hughes Co (BKR) estimates and forecasts
The rating firms project that company’s revenue will shrink -2.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 19 analysts is 6.65B. Meanwhile, for the current quarter, a total of 19 analyst(s) estimate revenue growth to 6.81B.Earnings reports from the last fiscal year show that sales brought in 7.14B and 6.91B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -6.79% before dropping -1.39% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 66.90% for the past 5-year period. While 2025 is set for a 1.97% return in earnings, projections for the next 5 years are at 8.32% annually.
BKR Dividends
Baker Hughes Co has its next earnings report out on 2025-Apr-21. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Baker Hughes Co has a forward dividend ratio of 0.86, with the share yield ticking at 2.35% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.82%.
Baker Hughes Co (NASDAQ:BKR)’s Major holders
Baker Hughes Co insiders hold 0.15% of total outstanding shares, with institutional holders owning 98.44% of the shares at 98.59% float percentage. In total, 98.44% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 121.45 million shares (or 12.1941% of shares), all amounting to roughly $4.27 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 99.86 million shares, or about 10.0259% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.51 billion.
We also have Dodge & Cox Funds-Dodge & Cox Stock Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Baker Hughes Co (BKR) shares. Going by data provided on Dec 31, 2024 , Dodge & Cox Funds-Dodge & Cox Stock Fund holds roughly 33.52 shares. This is just over 4.05% of the total shares, with a market valuation of $1.24 billion. Data from the same date shows that the other fund manager holds a little less at 30.95, or 3.74% of the shares, all valued at about 1.14 billion.
