Baker Hughes Co (NASDAQ:BKR)’s traded shares stood at 12.11 million during the last session, with the company’s beta value hitting 0.93. At the close of trading, the stock’s price was $45.72, to imply an increase of 2.33% or $1.04 in intraday trading. The BKR share’s 52-week high remains $49.40, putting it -8.05% down since that peak but still an impressive 29.46% since price per share fell to its 52-week low of $32.25. The company has a valuation of $45.30B, with an average of 9.92 million shares in intraday trading volume over the past 10 days and average of 7.80 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 1.57. 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.
Baker Hughes Co (NASDAQ:BKR) trade information
After registering a 2.33% upside in the last session, Baker Hughes Co (BKR) has traded red over the past five days. The 5-day price performance for the stock is 16.69%, and 20.41% over 30 days. With these gigs, the year-to-date price performance is 28.21%. Short interest in Baker Hughes Co (NASDAQ:BKR) saw shorts transact 25.59 million shares and set a 3.46 days time to cover.
The extremes give us $50 and $50 for target low and target high price respectively. As such, BKR has been trading -9.36% off suggested target high and -9.36% from its likely low.
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 1.19% return in earnings, projections for the next 5 years are at 6.94% annually.
BKR Dividends
Baker Hughes Co has its next earnings report out on 2025-Apr-22. 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 0.88, with the share yield ticking at 1.92% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.75%.
Baker Hughes Co (NASDAQ:BKR)’s Major holders
Baker Hughes Co insiders hold 0.15% of total outstanding shares, with institutional holders owning 100.50% of the shares at 100.65% float percentage. In total, 100.50% 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.
