Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Baker Hughes Co (NASDAQ: BKR) closed at $43.28 down -0.62% from its previous closing price of $43.55. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 7.0 million shares were traded. BKR stock price reached its highest trading level at $43.92 during the session, while it also had its lowest trading level at $42.93.
Ratios:
For a deeper understanding of Baker Hughes Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.89. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.37.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on December 19, 2024, initiated with a Overweight rating and assigned the stock a target price of $53.
Wells Fargo Upgraded its Equal Weight to Overweight on September 25, 2024, whereas the target price for the stock was revised from $40 to $42.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 28 ’25 when BORRAS MARIA C sold 67,250 shares for $43.48 per share. The transaction valued at 2,924,030 led to the insider holds 106,052 shares of the business.
BORRAS MARIA C sold 8,000 shares of BKR for $358,160 on Jan 27 ’25. The EVP, Oilfield Services & Equip now owns 173,302 shares after completing the transaction at $44.77 per share. On Jan 28 ’25, another insider, BORRAS MARIA C, who serves as the Officer of the company, bought 67,250 shares for $43.48 each.
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 42826686464 and an Enterprise Value of 46352678912. As of this moment, Baker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.38, and their Forward P/E ratio for the next fiscal year is 17.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 2.64. Its current Enterprise Value per Revenue stands at 1.698 whereas that against EBITDA is 10.688.
Stock Price History:
The Beta on a monthly basis for BKR is 1.37, which has changed by 0.51859653 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, BKR has reached a high of $47.47, while it has fallen to a 52-week low of $28.32. The 50-Day Moving Average of the stock is 0.60%, while the 200-Day Moving Average is calculated to be 17.27%.
Shares Statistics:
For the past three months, BKR has traded an average of 6.54M shares per day and 7402550 over the past ten days. A total of 989.09M shares are outstanding, with a floating share count of 988.41M. Insiders hold about 0.11% of the company’s shares, while institutions hold 94.78% stake in the company. Shares short for BKR as of 1736899200 were 15986029 with a Short Ratio of 2.44, compared to 1734048000 on 15211547. Therefore, it implies a Short% of Shares Outstanding of 15986029 and a Short% of Float of 2.09.
Dividends & Splits
According to the company, the forward annual dividend rate for BKR is 0.84, from 0.83 in the trailing year. Against a Trailing Annual Dividend Yield of 0.019058554The stock’s 5-year Average Dividend Yield is 3.01.
