Baker Hughes Co (NASDAQ: BKR) is -6.09% lower on its value in year-to-date trading and has touched a low of $26.81 and a high of $37.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BKR stock was last observed hovering at around $32.45 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $32.10, the stock is -4.20% and 2.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.85 million and changing -1.08% at the moment leaves the stock -4.10% off its SMA200. BKR registered 10.12% gain for a year compared to 6-month loss of -7.89%.
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The stock witnessed a -0.68% gain in the last 1 month and extending the period to 3 months gives it a 4.66%, and is -6.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.48% over the week and 1.92% over the month.
Baker Hughes Co (BKR) has around 58000 employees, a market worth around $32.13B and $25.51B in sales. Current P/E ratio is 16.77 and Fwd P/E is 12.48. Profit margin for the company is 7.62%. Distance from 52-week low is 19.73% and -14.57% from its 52-week high. The company has generated returns on investments over the last 12 months (8.92%).
The EPS is expected to grow by 27.85% this year.
Baker Hughes Co (BKR) Top Institutional Holders
The shares outstanding are 1.00B, and float is at 999.23M with Short Float at 2.52%.
Baker Hughes Co (BKR) Insider Activity
The most recent transaction is an insider sale by Apostolides James E,the company’sSVP, Enterprise Op Excellence. SEC filings show that Apostolides James E sold 5,000 shares of the company’s common stock on Apr 05 ’24 at a price of $33.88 per share for a total of $0.17 million. Following the sale, the insider now owns 14998.0 shares.
Baker Hughes Co disclosed in a document filed with the SEC on Mar 05 ’24 that Apostolides James E (SVP, Enterprise Op Excellence) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Mar 05 ’24 and was made at $29.44 per share for $0.29 million. Following the transaction, the insider now directly holds 14451.0 shares of the BKR stock.
Still, SEC filings show that on Dec 04 ’23, BORRAS MARIA C (EVP, Oilfield Services & Equip) disposed off 10,000 shares at an average price of $33.53 for $0.34 million. The insider now directly holds 59,463 shares of Baker Hughes Co (BKR).
