Market Recap Check: Baker Hughes Co (BKR)’s Negative Finish at 34.17, Up/Down -0.15

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Baker Hughes Co (NASDAQ: BKR) closed at $34.17 in the last session, down -0.15% from day before closing price of $34.22. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 4.25 million shares were traded. BKR stock price reached its highest trading level at $34.24 during the session, while it also had its lowest trading level at $33.905.

Ratios:

We take a closer look at BKR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.38.

On January 25, 2024, TD Cowen reiterated its Outperform rating and also lowered its target price recommendation from $46 to $49.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 24 ’24 when BORRAS MARIA C sold 55,980 shares for $32.00 per share. The transaction valued at 1,791,360 led to the insider holds 92,035 shares of the business.

Apostolides James E sold 5,000 shares of BKR for $169,400 on Apr 05 ’24. The SVP, Enterprise Op Excellence now owns 14,998 shares after completing the transaction at $33.88 per share. On Mar 05 ’24, another insider, Apostolides James E, who serves as the SVP, Enterprise Op Excellence of the company, sold 10,000 shares for $29.44 each. As a result, the insider received 294,400 and left with 14,451 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BKR now has a Market Capitalization of 34324105216 and an Enterprise Value of 37549580288. As of this moment, Baker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.97, and their Forward P/E ratio for the next fiscal year is 13.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at 1.433 whereas that against EBITDA is 9.64.

Stock Price History:

Over the past 52 weeks, BKR has reached a high of $37.58, while it has fallen to a 52-week low of $28.32. The 50-Day Moving Average of the stock is 4.24%, while the 200-Day Moving Average is calculated to be 4.23%.

Shares Statistics:

According to the various share statistics, BKR traded on average about 6.13M shares per day over the past 3-months and 5476030 shares per day over the past 10 days. A total of 997.71M shares are outstanding, with a floating share count of 996.63M. Insiders hold about 0.14% of the company’s shares, while institutions hold 92.79% stake in the company. Shares short for BKR as of 1718323200 were 25456507 with a Short Ratio of 4.15, compared to 1715731200 on 21891364. Therefore, it implies a Short% of Shares Outstanding of 25456507 and a Short% of Float of 3.2899998.

Dividends & Splits

The forward annual dividend rate for BKR is 0.82, which was 0.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.023378141The stock’s 5-year Average Dividend Yield is 3.11.

Most Popular