Baker Hughes Company [BKR] is -36.29% lower this YTD. Is it still time to buy?

Baker Hughes Company [NYSE: BKR] plunged by -$0.04 during the normal trading session on Monday and reaching a high of $16.49 during the day while it closed the day at $16.33. The company report on July 22, 2020 that Baker Hughes Company Announces Second Quarter 2020 Results.

Baker Hughes Company (NYSE: BKR) (“Baker Hughes” or the “Company”) announced results today for the second quarter of 2020.


Baker Hughes Company stock has also gained 8.50% of its value over the past 7 days. However, BKR stock has inclined by 20.07% in the 3 months of the year. Over the past six months meanwhile, it has lost -25.94% and lost -36.29% year-on date.

The market cap for BKR stock reached $17.19 billion, with 655.00 million shares outstanding and 653.36 million shares in the current float. Compared to the average trading volume of 6.32M shares, BKR reached a trading volume of 4359807 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Baker Hughes Company [BKR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BKR shares is $20.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BKR stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Scotiabank have made an estimate for Baker Hughes Company shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on July 16, 2020. While these analysts kept the previous recommendation, Cowen raised their target price from $19 to $21. The new note on the price target was released on June 19, 2020, representing the official price target for Baker Hughes Company stock. Previously, the target price had yet another raise to $17, while Northland Capital analysts kept a Market Perform rating on BKR stock.

The Average True Range (ATR) for Baker Hughes Company is set at 0.72, with the Price to Sales ratio for BKR stock in the period of the last 12 months amounting to 0.77. The Price to Book ratio for the last quarter was 0.61, with the Price to Cash per share for the same quarter was set at 3.93. Price to Free Cash Flow for BKR in the course of the last twelve months was 23.52 with Quick ratio for the last quarter at 1.00.

BKR stock trade performance evaluation

Baker Hughes Company [BKR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.50. With this latest performance, BKR shares gained by 9.23% in over the last four-week period, additionally sinking by -25.94% over the last 6 months – not to mention a drop of -34.26% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BKR stock in for the last two-week period is set at 56.13, with the RSI for the last a single of trading hit 59.86, and the three-weeks RSI is set at 54.66 for Baker Hughes Company [BKR]. The present Moving Average for the last 50 days of trading for this stock 15.89, while it was recorded at 16.43 for the last single week of trading, and 18.34 for the last 200 days.

Baker Hughes Company [BKR]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Baker Hughes Company [BKR] shares currently have an operating margin of +6.82 and a Gross Margin at +21.49. Baker Hughes Company’s Net Margin is presently recorded at +0.54.

Return on Total Capital for BKR is now 3.86, given the latest momentum, and Return on Invested Capital for the company is 0.49. Return on Equity for this stock inclined to 0.65, with Return on Assets sitting at 0.24. When it comes to the capital structure of this company, Baker Hughes Company [BKR] has a Total Debt to Total Equity ratio set at 34.04. Additionally, BKR Total Debt to Total Capital is recorded at 25.39, with Total Debt to Total Assets ending up at 13.99. Long-Term Debt to Equity for the company is recorded at 31.66, with the Long-Term Debt to Total Capital now at 23.62.

Reflecting on the efficiency of the workforce at the company, Baker Hughes Company [BKR] managed to generate an average of $1,882 per employee. Receivables Turnover for the company is 3.85 with a Total Asset Turnover recorded at a value of 0.45.Baker Hughes Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.50.

Earnings per share (EPS) analysis for Baker Hughes Company [BKR] stock

With the latest financial reports released by the company, Baker Hughes Company posted 0.21/share EPS, while the average EPS was predicted by analysts to be reported at 0.24/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -12.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BKR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Baker Hughes Company go to 2.47%.

Baker Hughes Company [BKR]: Insider Ownership positions

There are presently around $16,322 million, or 99.40% of BKR stock, in the hands of institutional investors. The top three institutional holders of BKR stocks are: GENERAL ELECTRIC CO with ownership of 377,427,884, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; DODGE & COX, holding 93,727,915 shares of the stock with an approximate value of $1.53 billion in BKR stocks shares; and CAPITAL WORLD INVESTORS, currently with $1.06 billion in BKR stock with ownership of nearly -16.835% of the company’s market capitalization.

Positions in Baker Hughes Company stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 241 institutional holders increased their position in Baker Hughes Company [NYSE:BKR] by around 87,962,256 shares. Additionally, 271 investors decreased positions by around 86,785,618 shares, while 57 investors held positions by with 824,761,620 shares. The mentioned changes placed institutional holdings at 999,509,494 shares, according to the latest SEC report filing. BKR stock had 69 new institutional investments in for a total of 6,449,278 shares, while 94 institutional investors sold positions of 8,738,405 shares during the same period.

Share on facebook
Share on twitter
Share on linkedin
Share on skype
Share on reddit

Leave a Comment

Your email address will not be published. Required fields are marked *



Download Free eBook For


100% free. stop anytime no spam



Download Free eBook For


100% free. stop anytime no spam