A new trading day began on Friday, with Baker Hughes Co (NASDAQ: BKR) stock price down -2.82% from the previous day of trading, before settling in for the closing price of $42.51. BKR’s price has ranged from $28.32 to $45.17 over the past 52 weeks.
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Annual sales at Energy sector company grew by 2.77% over the past five years. Meanwhile, its annual earnings per share averaged 44.63%. With a float of $988.42 million, this company’s outstanding shares have now reached $989.09 million.
Let’s look at the performance matrix of the company that is accounted for 58000 employees. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Baker Hughes Co is 0.11%, while institutional ownership is 94.71%. 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 34.58% 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
Here are Baker Hughes Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.46. Likewise, its price to free cash flow for the trailing twelve months is 22.15.
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)
Baker Hughes Co (NASDAQ: BKR) saw its 5-day average volume 5.28 million, a negative change from its year-to-date volume of 7.15 million. As of the previous 9 days, the stock’s Stochastic %D was 8.20%. Additionally, its Average True Range was 1.03.
During the past 100 days, Baker Hughes Co’s (BKR) raw stochastic average was set at 70.12%, which indicates a significant increase from 0.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.00% in the past 14 days, which was lower than the 31.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.92, while its 200-day Moving Average is $35.13. Nevertheless, the first resistance level for the watch stands at $42.09 in the near term. At $42.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.27. If the price goes on to break the first support level at $40.90, it is likely to go to the next support level at $40.50. The third support level lies at $39.72 if the price breaches the second support level.
Baker Hughes Co (NASDAQ: BKR) Key Stats
With a market capitalization of 39.72 billion, the company has a total of 989,526K Shares Outstanding. Currently, annual sales are 25,506 M while annual income is 1,943 M. The company’s previous quarter sales were 6,908 M while its latest quarter income was 766,000 K.
