Baker Hughes Co (NASDAQ: BKR) on Monday, soared 0.30% from the previous trading day, before settling in for the closing price of $42.94. Within the past 52 weeks, BKR’s price has moved between $28.32 and $44.49.
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A company in the Energy sector has jumped its sales by 2.77% annually for the last half of the decade. The company achieved an average annual earnings per share of 44.63%. With a float of $988.42 million, this company’s outstanding shares have now reached $997.71 million.
In an organization with 58000 employees, it is important to assess its efficiency. 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) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Baker Hughes Co is 0.11%, while institutional ownership is 94.65%. The most recent insider transaction that took place on Nov 06 ’24, was worth 406,900. In this transaction EVP & Chief Financial Officer of this company sold 10,000 shares at a rate of $40.69, taking the stock ownership to the 26,817 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 10,000 for $40.51, making the entire transaction worth $405,101.
Baker Hughes Co (BKR) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 44.63% 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
Baker Hughes Co (BKR) is currently performing well based on its current performance indicators. A quick ratio of 0.88 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55. Likewise, its price to free cash flow for the trailing twelve months is 23.64.
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 2.58 in one year’s time.
Technical Analysis of Baker Hughes Co (BKR)
Let’s dig in a bit further. During the last 5-days, its volume was 6.18 million. That was inferior than the volume of 7.23 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 74.28%. Additionally, its Average True Range was 1.07.
During the past 100 days, Baker Hughes Co’s (BKR) raw stochastic average was set at 88.36%, which indicates a significant increase from 80.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.98% in the past 14 days, which was higher than the 31.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.67, while its 200-day Moving Average is $34.21. However, in the short run, Baker Hughes Co’s stock first resistance to watch stands at $43.59. Second resistance stands at $44.11. The third major resistance level sits at $44.43. If the price goes on to break the first support level at $42.75, it is likely to go to the next support level at $42.43. The third support level lies at $41.91 if the price breaches the second support level.
Baker Hughes Co (NASDAQ: BKR) Key Stats
Market capitalization of the company is 42.38 billion based on 989,526K outstanding shares. Right now, sales total 25,506 M and income totals 1,943 M. The company made 6,908 M in profit during its latest quarter, and 766,000 K in sales during its previous quarter.
