Where Does Baker Hughes Company (BKR) Rank When It Comes To Price-To-Earnings Ratio?

Baker Hughes Company (NYSE:BKR) finished Wednesday with an addition of $0.5 to close at $26.25, an upside of 1.94 percent. An average of 9,443,220 shares of common stock have been traded in the last five days. There was a gain of $1.47 in the past week. The last 20 days have seen an average of 10,596,955 shares traded, while the 50-day average volume stands at 8,098,982.

BKR stock has increased by 7.85% in the last month. The company shares reached their 1-month lowest point of $22.53 on 09/20/21. With the stock rallying to its 52-week high on 05/18/21, shares of the company touched a low of $12.74 and a high of $26.57 in 52 weeks. In spite of this, the price is down -1.20% from the 52-week high.


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Insider Transactions

3 days have passed since Baker Hughes Company (BKR) last reported insider trading activity. BORRAS MARIA C, who is EVP, Oilfield Services, most recently acquired $14,000 shares at $25.42 per share on Oct 11. In this transaction, the insider spent $355,880. EVP, Regions and Alliances, Ukpong Uwem, disposed of 10,000 shares at a price of $23.12 on Sep 21. The insider now owns more than $231,200 worth of shares. Prior to that, EVP, Regions and Alliances Ukpong Uwem went on to Sale 10,000 shares at $23.05 each on Sep 07. An amount of $230,500 was transacted.

Valuation Metrics

Baker Hughes Company (BKR) has a trailing price-to-earnings (P/E) ratio of 18.90 for the broader industry and 19.70 for the sector. In the last five years, Baker Hughes Company’s PE ratio has ranged between 422.88 and 42.41. The stock’s beta is 1.69. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.31, the price-to-book (PB) ratio at 1.23, and the price-to-cash flow ratio at 55.53.

Baker Hughes Company pays a $0.72 dividend per share annually. It offers a dividend yield of 2.74%. The company’s most recent quarterly dividend payment took place on Aug. 20, and it was $0.18 a share, without any change from last year. Its latest increase dividend $0.02 reported on Thursday May 2 2013.

Baker Hughes Company will next go ex-dividend on 8-Nov. The next dividend payment Baker Hughes Company will make is expected to be $0.18.

The quick ratio of Baker Hughes Company for the three months ended June 29 was 1.20, and the current ratio was 1.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.39 and a total debt to equity ratio of 0.39 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 17.60% against a 5-year average of 18.3%. Baker Hughes Company’s EBITDA margin for the year ending June 29 is 9.61%, while its operating margin for the same period stands at 3.00%. Its gross profit as reported stood at $3.2 billion compared to revenue of $20.7 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Baker Hughes Company’s return on assets was -0.10%, compared to -4.3% over the last five years. In the past year, the return on investment has been -64.70%, and the 5-year average is -7.4%. Meanwhile, the return on equity (ROE) for the past 12 months has been -0.20% and the 5-year average holds at -11.2%. For the broader industry, ROE averaged 12.45 over the past year.

Earnings Surprise

In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $5.14 billion in the quarter, while revenues of $4.78 billion were grew 7.9%. The analyst consensus anticipated Baker Hughes Company’s latest quarter earnings to come in at $0.16 per share, but it turned out to be $0.1, a -37.50% surprise. For the quarter, EBITDA amounted to $472.0 million. Shareholders own equity worth $1.04 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Baker Hughes Company (BKR) price momentum. RSI 9-day as of the close on 13 October was 73.34%, suggesting the stock is Overbought, with historical volatility in this time frame at 19.49%.

As of today, BKR’s price is $25.50 +5.93% or $1.47 from its 5-day moving average. BKR is currently trading +4.46% higher than its 20-day SMA and +2.78% higher than its 100-day SMA. However, the stock’s current price level is +23.18% above the SMA50 and +25.72% above the SMA200.

The stochastic %K and %D were 87.45% and 81.00%, respectively, and the average true range (ATR) was 0.82. With the 14-day stochastic at 95.31% and the average true range at 0.81, the RSI (14) stands at 68.67%. The stock has reached 0.46 on the 9-day MACD Oscillator while the 14-day reading was at 0.67.

Analyst Ratings

The consensus rating for Baker Hughes Company (BKR) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BKR, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 23 others rate it as a “buy”.

What is BKR’s price target for the next 12 months?

Analysts predict a range of price targets between $21.10 and $36.00, with a median target of $29.00. Taking a look at these predictions, the average price target given by analysts for Baker Hughes Company (BKR) stock is $28.48.

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