Key Insights on Baker Hughes Company Stock

Shares of Baker Hughes Company have moved -1.2% today, and are now trading at a price of $33.13. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 3,308,186 compared to the stock's average volume of 6,864,319.

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. Based in Houston, United States the company has 57,000 full time employees and a market cap of $33,336,401,920. Baker Hughes Company currently offers its equity investors a dividend that yields 2.3% per year.

The company is now trading -20.25% away from its average analyst target price of $41.54 per share. The 25 analysts following the stock have set target prices ranging from $36.0 to $47.0, and on average give Baker Hughes Company a rating of buy.

Over the last 52 weeks, BKR stock has risen 18.2%, which amounts to a -4.3% difference compared to the S&P 500. The stock's 52 week high is $37.58 whereas its 52 week low is $26.12 per share. Based on Baker Hughes Company's average net margin growth of 38.1% over the last 5 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%)
2023 24,577,000 1,707,000 7
2022 21,156,000 23,000 0
2021 20,502,000 -111,000 -1
2020 20,705,000 -5,821,000 -28
2019 23,838,000 271,000 1
2018 22,877,000 283,000 1
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.