Baker Hughes (NASDAQ:BKR) Announces Quarterly Earnings Results

Baker Hughes (NASDAQ:BKR - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.03, Zacks reports. The business had revenue of $6.43 billion for the quarter, compared to analysts' expectations of $6.54 billion. Baker Hughes had a net margin of 10.70% and a return on equity of 14.58%. Baker Hughes updated its Q2 2025 guidance to EPS.

Baker Hughes Stock Up 0.0 %

Shares of BKR stock traded up $0.01 during trading hours on Friday, reaching $36.39. The company had a trading volume of 2,434,770 shares, compared to its average volume of 6,895,244. Baker Hughes has a twelve month low of $30.93 and a twelve month high of $49.40. The company has a market capitalization of $36.03 billion, a P/E ratio of 12.20, a price-to-earnings-growth ratio of 2.00 and a beta of 1.08. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.94 and a current ratio of 1.32. The stock's fifty day simple moving average is $41.60 and its 200 day simple moving average is $42.05.

Baker Hughes Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Tuesday, May 6th will be given a dividend of $0.23 per share. The ex-dividend date is Tuesday, May 6th. This represents a $0.92 dividend on an annualized basis and a yield of 2.53%. Baker Hughes's dividend payout ratio (DPR) is 31.40%.

Insider Buying and Selling

In other news, EVP Maria C. Borras sold 8,000 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $44.77, for a total transaction of $358,160.00. Following the transaction, the executive vice president now owns 173,302 shares of the company's stock, valued at approximately $7,758,730.54. This trade represents a 4.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.27% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on BKR shares. Benchmark reissued a "buy" rating and issued a $57.00 price target on shares of Baker Hughes in a report on Tuesday, February 11th. Susquehanna decreased their price target on shares of Baker Hughes from $48.00 to $46.00 and set a "positive" rating on the stock in a research note on Thursday. Jefferies Financial Group lifted their price objective on Baker Hughes from $48.00 to $50.00 and gave the stock a "buy" rating in a report on Friday, January 3rd. Evercore ISI reduced their target price on Baker Hughes from $52.00 to $50.00 and set an "outperform" rating for the company in a report on Thursday. Finally, The Goldman Sachs Group lifted their price target on Baker Hughes from $51.00 to $52.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $49.11.

Baker Hughes Company Profile

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.