Baker Hughes Co (NASDAQ: BKR) on Friday, plunged -0.43% from the previous trading day, before settling in for the closing price of $42.33. Within the past 52 weeks, BKR’s price has moved between $28.32 and $45.17.
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
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 2.77%. 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 $989.09 million.
The extent of productivity of a business whose workforce counts for 58000 workers is very important to gauge. 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 Updates
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 94.71%. 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) Performance Highlights and Predictions
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
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 1.52. Likewise, its price to free cash flow for the trailing twelve months is 23.16.
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)
The latest stats from [Baker Hughes Co, BKR] show that its last 5-days average volume of 6.61 million was inferior to 7.14 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 50.60%. Additionally, its Average True Range was 1.03.
During the past 100 days, Baker Hughes Co’s (BKR) raw stochastic average was set at 76.63%, which indicates a significant increase from 41.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.63% in the past 14 days, which was lower than the 31.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.44, while its 200-day Moving Average is $35.44. Now, the first resistance to watch is $42.57. This is followed by the second major resistance level at $43.00. The third major resistance level sits at $43.27. If the price goes on to break the first support level at $41.87, it is likely to go to the next support level at $41.60. Assuming the price breaks the second support level, the third support level stands at $41.17.
Baker Hughes Co (NASDAQ: BKR) Key Stats
Market capitalization of the company is 41.53 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.
