Baker Hughes Co (NASDAQ: BKR) is -4.73% lower on its value in year-to-date trading and has touched a low of $30.93 and a high of $49.40 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 $38.33 in the last trading session, with the day’s gains setting it 0.75%.
Currently trading at $39.08, the stock is 4.26% and 3.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.83 million and changing 1.96% at the moment leaves the stock -2.75% off its SMA200. BKR registered 23.09% gain for a year compared to 6-month loss of -8.07%. The firm has a 50-day simple moving average (SMA 50) of $37.6444 and a 200-day simple moving average (SMA200) of $40.1848.
The stock witnessed a 7.10% gain in the last 1 month and extending the period to 3 months gives it a -6.62%, and is 4.10% up 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 1.11% over the week and 1.19% over the month.
Baker Hughes Co (BKR) has around 57000 employees, a market worth around $38.72B and $27.84B in sales. Current P/E ratio is 13.35 and Fwd P/E is 14.48. Profit margin for the company is 10.51%. Distance from 52-week low is 26.35% and -20.89% from its 52-week high. The company has generated returns on investments over the last 12 months (12.72%).
The EPS is expected to grow by 0.84% this year.
Baker Hughes Co (BKR) Top Institutional Holders
1395.0 institutions hold shares in Baker Hughes Co (BKR), with institutional investors hold 101.12% of the company’s shares. The shares outstanding are 990.36M, and float is at 988.47M with Short Float at 2.72%. Institutions hold 100.97% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 121.45 million shares valued at $4.27 billion. The investor’s holdings represent 12.1941% of the BKR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 99.86 million shares valued at $3.51 billion to account for 10.0259 of the shares outstanding. The other top investors are STATE STREET CORP which holds 67.58 million shares representing 6.7848% and valued at over $2.38 billion, while JPMORGAN CHASE & CO holds 5.5236 of the shares totaling 55.02 million with a market value of $1.93 billion.
Baker Hughes Co (BKR) Insider Activity
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Baker Hughes Co disclosed in a document filed with the SEC on May 07 ’25 that Apostolides James E (SVP, Enterprise Op Excellence) sold a total of 3,800 shares of the company’s common stock. The trade occurred on May 07 ’25 and was made at $36.49 per share for $0.14 million. Following the transaction, the insider now directly holds 20349.0 shares of the BKR stock.
Still, SEC filings show that on May 07 ’25, Apostolides James E (Officer) Proposed Sale 3,800 shares at an average price of $36.49 for $0.14 million. The insider now directly holds shares of Baker Hughes Co (BKR).
