Baker Hughes Co (BKR) poses a Brand-New Opportunity for Investors with beta value of 1.36

As on Wednesday, Baker Hughes Co (NASDAQ: BKR) got off with the flyer as it spiked 10.78% to $42.74, before settling in for the price of $38.58 at the close. Taking a more long-term approach, BKR posted a 52-week range of $28.32-$39.05.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

In the past 5-years timespan, the Energy sector firm’s annual sales growth was 2.77%. Meanwhile, its Annual Earning per share during the time was 33.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 44.37%. This publicly-traded company’s shares outstanding now amounts to $997.71 million, simultaneously with a float of $988.44 million. The organization now has a market capitalization sitting at $42.29 billion. At the time of writing, stock’s 50-day Moving Average stood at $36.25, while the 200-day Moving Average is $33.66.

Baker Hughes Co (BKR) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Equipment & Services industry. Baker Hughes Co’s current insider ownership accounts for 0.11%, in contrast to 94.42% institutional ownership. Preceding that transaction, on Oct 31 ’24, Company’s EVP & Chief Financial Officer sold 5,000 for 38.02, making the whole transaction’s value amount to 190,100. This particular insider is now the holder of 36,817 in total.

Baker Hughes Co (BKR) Earnings and Revenue Records

Baker Hughes Co’s EPS increase for this current 12-month fiscal period is 44.37% and is forecasted to reach 2.59 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 37.50% through the next 5 years, which can be compared against the 33.59% growth it accomplished over the previous five years trading on the market.

Baker Hughes Co (NASDAQ: BKR) Trading Performance Indicators

Let’s observe the current performance indicators for Baker Hughes Co (BKR). It’s Quick Ratio in the last reported quarter now stands at 0.88. The Stock has managed to achieve an average true range (ATR) of 1.11. Alongside those numbers, its PE Ratio stands at $19.14, and its Beta score is 1.36. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.55. Similarly, its price to free cash flow for trailing twelve months is now 23.59.

In the same vein, BKR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.23, a figure that is expected to reach 0.63 in the next quarter, and analysts are predicting that it will be 2.59 at the market close of one year from today.

Technical Analysis of Baker Hughes Co (BKR)

Through scrutinizing the latest numbers posted by the [Baker Hughes Co, BKR], it can be observed that its last 5-days Average volume of 8.31 million was better the volume of 7.24 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 89.73% While, its Average True Range was 1.24.

Raw Stochastic average of Baker Hughes Co (BKR) in the period of the previous 100 days is set at 96.02%, which indicates a major rise in contrast to 93.30% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 44.30% that was higher than 32.02% volatility it exhibited in the past 100-days period.