Zacks Research Decreases Earnings Estimates for Baker Hughes

Baker Hughes (NASDAQ:BKR - Free Report) - Equities research analysts at Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for Baker Hughes in a research note issued to investors on Tuesday, November 12th. Zacks Research analyst R. Department now anticipates that the company will earn $0.62 per share for the quarter, down from their previous forecast of $0.65. The consensus estimate for Baker Hughes' current full-year earnings is $2.29 per share. Zacks Research also issued estimates for Baker Hughes' Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $2.54 EPS, Q1 2026 earnings at $0.66 EPS and FY2026 earnings at $2.94 EPS.

Several other equities research analysts have also recently weighed in on BKR. BMO Capital Markets increased their price objective on shares of Baker Hughes from $43.00 to $45.00 and gave the stock an "outperform" rating in a research report on Thursday, October 10th. TD Cowen increased their price target on Baker Hughes from $46.00 to $50.00 and gave the stock a "buy" rating in a report on Monday, July 29th. Argus raised Baker Hughes from a "hold" rating to a "buy" rating in a research report on Friday, October 25th. Royal Bank of Canada restated an "outperform" rating and set a $43.00 target price on shares of Baker Hughes in a research report on Thursday, October 24th. Finally, Morgan Stanley lifted their target price on Baker Hughes from $42.00 to $45.00 and gave the stock an "overweight" rating in a report on Thursday, October 3rd. Two equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. Based on data from MarketBeat.com, Baker Hughes currently has a consensus rating of "Moderate Buy" and an average target price of $44.59.

Baker Hughes Trading Down 1.1 %

BKR stock traded down $0.46 during trading on Friday, hitting $42.72. The company had a trading volume of 2,358,864 shares, compared to its average volume of 7,232,092. The company has a current ratio of 1.30, a quick ratio of 0.88 and a debt-to-equity ratio of 0.37. Baker Hughes has a one year low of $28.32 and a one year high of $44.49. The business has a 50-day moving average of $37.30 and a 200-day moving average of $35.13. The stock has a market cap of $42.27 billion, a PE ratio of 19.24, a PEG ratio of 0.73 and a beta of 1.38.

Baker Hughes (NASDAQ:BKR - Get Free Report) last announced its earnings results on Tuesday, October 22nd. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 13.77% and a net margin of 8.20%. Baker Hughes's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period last year, the company earned $0.42 EPS.

Hedge Funds Weigh In On Baker Hughes

Hedge funds have recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in shares of Baker Hughes in the 3rd quarter worth approximately $30,000. True Wealth Design LLC grew its stake in Baker Hughes by 2,181.6% in the 3rd quarter. True Wealth Design LLC now owns 867 shares of the company's stock valued at $31,000 after buying an additional 829 shares in the last quarter. New Covenant Trust Company N.A. purchased a new position in Baker Hughes in the 1st quarter valued at approximately $34,000. Alta Advisers Ltd purchased a new position in Baker Hughes in the 2nd quarter valued at approximately $42,000. Finally, Headlands Technologies LLC purchased a new position in Baker Hughes in the 2nd quarter valued at approximately $48,000. Institutional investors own 92.06% of the company's stock.

Baker Hughes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, November 4th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.84 dividend on an annualized basis and a yield of 1.97%. Baker Hughes's dividend payout ratio (DPR) is currently 37.67%.

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.