Baker Hughes Co (NASDAQ: BKR) is -3.46% 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 $38.99 in the last trading session, with the day’s gains setting it 0.61%.
Currently trading at $39.60, the stock is 4.83% and 6.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.54 million and changing 1.56% at the moment leaves the stock -1.70% off its SMA200. BKR registered 25.20% gain for a year compared to 6-month loss of -6.45%.
The stock witnessed a 4.79% gain in the last 1 month and extending the period to 3 months gives it a -9.38%, and is 1.33% 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 1.17% over the week and 1.22% over the month.
Baker Hughes Co (BKR) has around 57000 employees, a market worth around $39.23B and $27.84B in sales. Current P/E ratio is 13.53 and Fwd P/E is 14.68. Profit margin for the company is 10.51%. Distance from 52-week low is 28.03% and -19.84% from its 52-week high. The company has generated returns on investments over the last 12 months (12.72%).
with sales reaching $6.64B over the same period.The EPS is expected to grow by 0.85% this year, but quarterly earnings will post -3.01% year-over-year. Quarterly sales are estimated to shrink -7.02% in year-over-year returns.
Baker Hughes Co (BKR) Top Institutional Holders
The shares outstanding are 990.36M, and float is at 988.52M with Short Float at 3.04%.
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
Baker Hughes Co disclosed in a document filed with the SEC on Jun 12 ’25 that Charlton Rebecca L (SVP, Controller & CAO) sold a total of 6,000 shares of the company’s common stock. The trade occurred on Jun 12 ’25 and was made at $38.74 per share for $0.23 million. Following the transaction, the insider now directly holds 13272.0 shares of the BKR stock.
Still, SEC filings show that on Jun 12 ’25, Charlton Rebecca L (Officer) Proposed Sale 6,000 shares at an average price of $38.74 for $0.23 million. The insider now directly holds shares of Baker Hughes Co (BKR).
