FY2025 EPS Estimates for Baker Hughes Cut by Atb Cap Markets

Baker Hughes (NASDAQ:BKR) – Equities researchers at Atb Cap Markets lowered their FY2025 earnings per share estimates for shares of Baker Hughes in a research report issued on Wednesday, October 23rd. Atb Cap Markets analyst W. Syed now forecasts that the company will post earnings of $2.54 per share for the year, down from their prior estimate of $2.55. The consensus estimate for Baker Hughes’ current full-year earnings is $2.25 per share. Atb Cap Markets also issued estimates for Baker Hughes’ Q4 2025 earnings at $0.75 EPS.

Baker Hughes (NASDAQ:BKR) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The business had revenue of $6.91 billion during the quarter, compared to analyst estimates of $7.21 billion. Baker Hughes had a net margin of 7.37% and a return on equity of 12.45%. The company’s revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.42 earnings per share.

A number of other research firms have also weighed in on BKR. Citigroup cut their target price on Baker Hughes from $44.00 to $42.00 and set a “buy” rating for the company in a research report on Friday, September 27th. Stifel Nicolaus increased their price objective on shares of Baker Hughes from $40.00 to $45.00 and gave the company a “buy” rating in a report on Monday, July 29th. Morgan Stanley boosted their target price on shares of Baker Hughes from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Thursday, October 3rd. Susquehanna raised their target price on shares of Baker Hughes from $46.00 to $48.00 and gave the company a “positive” rating in a research note on Thursday. Finally, Evercore ISI boosted their price target on shares of Baker Hughes from $42.00 to $46.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th. Two equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat, Baker Hughes has a consensus rating of “Moderate Buy” and an average target price of $44.12.

Baker Hughes Trading Up 2.0 %

Shares of Baker Hughes stock opened at $37.52 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.86 and a current ratio of 1.27. The company has a fifty day moving average of $35.64 and a 200 day moving average of $34.36. The company has a market capitalization of $37.44 billion, a P/E ratio of 20.96, a P/E/G ratio of 0.61 and a beta of 1.38. Baker Hughes has a fifty-two week low of $28.32 and a fifty-two week high of $39.05.

Hedge Funds Weigh In On Baker Hughes

Several hedge funds have recently bought and sold shares of the business. Redmont Wealth Advisors LLC purchased a new position in shares of Baker Hughes during the first quarter worth approximately $27,000. New Covenant Trust Company N.A. purchased a new position in Baker Hughes during the 1st quarter worth $34,000. Alta Advisers Ltd bought a new stake in Baker Hughes during the 2nd quarter valued at $42,000. Headlands Technologies LLC purchased a new stake in shares of Baker Hughes in the 2nd quarter worth $48,000. Finally, Quarry LP increased its stake in shares of Baker Hughes by 81.1% during the second quarter. Quarry LP now owns 1,594 shares of the company’s stock valued at $56,000 after buying an additional 714 shares during the period. Institutional investors own 92.06% of the company’s stock.

Insider Transactions at Baker Hughes

In related news, CEO Lorenzo Simonelli sold 114,286 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $35.00, for a total transaction of $4,000,010.00. Following the transaction, the chief executive officer now directly owns 502,053 shares in the company, valued at approximately $17,571,855. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.25% of the company’s stock.

Baker Hughes Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 14th. Stockholders of record on Monday, November 4th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend is Monday, November 4th. Baker Hughes’s dividend payout ratio is currently 46.93%.

About Baker Hughes

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations.