Baker Hughes Co (NASDAQ:BKR) has a beta value of 0.90 and has seen 6.89 million shares traded in the last trading session. The company, currently valued at $37.62B, closed the last trade at $37.97 per share which meant it gained $0.14 on the day or 0.37% during that session. The BKR stock price is -30.1% off its 52-week high price of $49.40 and 15.06% above the 52-week low of $32.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.04 million shares traded. The 3-month trading volume is 8.26 million shares.
The consensus among analysts is that Baker Hughes Co (BKR) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 12 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.55.
Baker Hughes Co (NASDAQ:BKR) trade information
Sporting 0.37% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BKR stock price touched $37.97 or saw a rise of 5.12%. Year-to-date, Baker Hughes Co shares have moved 15.17%, while the 5-day performance has seen it change -2.62%. Over the past 30 days, the shares of Baker Hughes Co (NASDAQ:BKR) have changed 3.77%. Short interest in the company has seen 30.1 million shares shorted with days to cover at 3.91.
Wall Street analysts have a consensus price target for the stock at $50, which means that the shares’ value could jump 24.06% from current levels. The projected low price target is $50.0 while the price target rests at a high of $52.0. In that case, then, we find that the current price level is -36.95% off the targeted high while a plunge would see the stock gain -31.68% from current levels.
Baker Hughes Co (BKR) estimates and forecasts
The company’s shares have lost -5.17% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -3.01%.
19 analysts offering their estimates for the company have set an average revenue estimate of 6.64B for the current quarter. 19 have an estimated revenue figure of 6.79B for the next ending quarter. Year-ago sales stood 7.14B and 6.91B respectively for this quarter and the next, and analysts expect sales will shrink by -7.02% for the current quarter and -3.01% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 66.90% over the past 5 years. Earnings growth for 2025 is a modest 0.85% while over the next 5 years, the company’s earnings are expected to increase by 8.13%.
BKR Dividends
Baker Hughes Co is expected to release its next earnings report on 2025-Apr-22 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.88 at a share yield of 2.32%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.79%.
Baker Hughes Co (NASDAQ:BKR)’s Major holders
Insiders own 0.15% of the company shares, while shares held by institutions stand at 100.95% with a share float percentage of 101.11%. Investors are also buoyed by the number of investors in a company, with Baker Hughes Co having a total of 1395.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 121.45 million shares worth more than $4.27 billion. As of 2024-06-30, VANGUARD GROUP INC held 12.1941% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 99.86 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.51 billion and represent 10.0259% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Dodge & Cox Funds-Dodge & Cox Stock Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 3.98% shares in the company for having 32.96 shares of worth $1.25 billion while later fund manager owns 31.29 shares of worth $1.19 billion as of Mar 31, 2025 , which makes it owner of about 3.78% of company’s outstanding stock.
