Baker Hughes Co (NASDAQ: BKR) has seen a decline in its stock price by -3.47 in relation to its previous close of 45.55. However, the company has experienced a -5.52% decline in its stock price over the last five trading sessions. zacks.com reported 2025-01-27 that Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Is It Worth Investing in Baker Hughes Co (NASDAQ: BKR) Right Now?
Baker Hughes Co (NASDAQ: BKR) has a price-to-earnings ratio of 19.69x that is above its average ratio. Additionally, the 36-month beta value for BKR is 1.38. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 9 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for BKR is 988.41M and currently, short sellers hold a 1.38% ratio of that float. The average trading volume of BKR on January 27, 2025 was 6.46M shares.
BKR’s Market Performance
The stock of Baker Hughes Co (BKR) has seen a -5.52% decrease in the past week, with a 9.51% rise in the past month, and a 18.84% gain in the past quarter. The volatility ratio for the week is 2.22%, and the volatility levels for the past 30 days are at 2.21% for BKR. The simple moving average for the last 20 days is 0.24% for BKR stock, with a simple moving average of 19.28% for the last 200 days.
Analysts’ Opinion of BKR
Many brokerage firms have already submitted their reports for BKR stocks, with Piper Sandler repeating the rating for BKR by listing it as a “Overweight.” The predicted price for BKR in the upcoming period, according to Piper Sandler is $53 based on the research report published on December 19, 2024 of the previous year 2024.
Wells Fargo gave a rating of “Overweight” to BKR, setting the target price at $42 in the report published on September 25th of the previous year.
BKR Trading at 2.17% from the 50-Day Moving Average
After a stumble in the market that brought BKR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.37% of loss for the given period.
Volatility was left at 2.21%, however, over the last 30 days, the volatility rate increased by 2.22%, as shares surge +7.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.39% lower at present.
During the last 5 trading sessions, BKR fell by -5.59%, which changed the moving average for the period of 200-days by +28.52% in comparison to the 20-day moving average, which settled at $43.86. In addition, Baker Hughes Co saw 7.19% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BKR starting from BORRAS MARIA C, who proposed sale 8,000 shares at the price of $44.77 back on Jan 27 ’25. After this action, BORRAS MARIA C now owns shares of Baker Hughes Co, valued at $358,160 using the latest closing price.
Buese Nancy, the EVP & Chief Financial Officer of Baker Hughes Co, sale 10,000 shares at $40.69 during a trade that took place back on Nov 06 ’24, which means that Buese Nancy is holding 26,817 shares at $406,900 based on the most recent closing price.
Stock Fundamentals for BKR
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.21 for the gross margin
The net margin for Baker Hughes Co stands at 0.08. The total capital return value is set at 0.12. Equity return is now at value 14.24, with 6.04 for asset returns.
Based on Baker Hughes Co (BKR), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 16.43.
Currently, EBITDA for the company is 3.96 billion with net debt to EBITDA at 0.78. When we switch over and look at the enterprise to sales, we see a ratio of 1.71. The receivables turnover for the company is 3.95for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.30.
Conclusion
In conclusion, Baker Hughes Co (BKR) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
