On Friday, Baker Hughes Co (NASDAQ: BKR) opened lower -0.60% from the last session, before settling in for the closing price of $38.08. Price fluctuations for BKR have ranged from $28.32 to $39.05 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 2.77%. Company’s average yearly earnings per share was noted 44.21% at the time writing. With a float of $988.44 million, this company’s outstanding shares have now reached $997.71 million.
Considering the fact that the conglomerate employs 58000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 21.09%, operating margin of 11.31%, and the pretax margin is 10.97%.
Baker Hughes Co (BKR) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Baker Hughes Co is 0.11%, while institutional ownership is 94.44%. The most recent insider transaction that took place on Oct 31 ’24, was worth 189,228. Before that another transaction happened on Oct 24 ’24, when Company’s EVP & Chief Financial Officer sold 10,000 for $37.10, making the entire transaction worth $371,010. This insider now owns 41,817 shares in total.
Baker Hughes Co (BKR) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.51 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.48) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 37.50% during the next five years compared to 33.59% growth over the previous five years of trading.
Baker Hughes Co (NASDAQ: BKR) Trading Performance Indicators
Check out the current performance indicators for Baker Hughes Co (BKR). In the past quarter, the stock posted a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36. Likewise, its price to free cash flow for the trailing twelve months is 20.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.23, a number that is poised to hit 0.63 in the next quarter and is forecasted to reach 2.60 in one year’s time.
Technical Analysis of Baker Hughes Co (BKR)
Compared to the last year’s volume of 7.23 million, its volume of 7.61 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.01%. Additionally, its Average True Range was 0.85.
During the past 100 days, Baker Hughes Co’s (BKR) raw stochastic average was set at 85.22%, which indicates a significant increase from 81.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.88% in the past 14 days, which was lower than the 28.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.98, while its 200-day Moving Average is $33.53. Nevertheless, the first resistance level for the watch stands at $38.25 in the near term. At $38.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $39.00. If the price goes on to break the first support level at $37.50, it is likely to go to the next support level at $37.14. Now, if the price goes above the second support level, the third support stands at $36.75.
Baker Hughes Co (NASDAQ: BKR) Key Stats
There are currently 989,526K shares outstanding in the company with a market cap of 37.23 billion. Presently, the company’s annual sales total 25,506 M according to its annual income of 1,943 M. Last quarter, the company’s sales amounted to 6,908 M and its income totaled 766,000 K.
