Baker Hughes (BKR) to Release Earnings on Thursday

Baker Hughes (NASDAQ:BKRGet Free Report) is expected to be posting its quarterly earnings results after the market closes on Thursday, January 30th. Analysts expect Baker Hughes to post earnings of $0.63 per share and revenue of $7,072,413.91 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Baker Hughes Trading Down 4.4 %

Shares of Baker Hughes stock opened at $43.55 on Tuesday. The company’s fifty day simple moving average is $43.01 and its 200-day simple moving average is $38.81. The stock has a market capitalization of $43.09 billion, a PE ratio of 19.53, a P/E/G ratio of 0.88 and a beta of 1.39. Baker Hughes has a 1-year low of $28.32 and a 1-year high of $47.47. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.30 and a quick ratio of 0.88.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. BMO Capital Markets raised their price objective on shares of Baker Hughes from $43.00 to $45.00 and gave the company an “outperform” rating in a research report on Thursday, October 10th. Argus upgraded shares of Baker Hughes from a “hold” rating to a “buy” rating in a research report on Friday, October 25th. Wells Fargo & Company raised their price objective on shares of Baker Hughes from $42.00 to $49.00 and gave the company an “overweight” rating in a research report on Tuesday, December 17th. Benchmark restated a “buy” rating and set a $42.00 price objective on shares of Baker Hughes in a research report on Thursday, October 24th. Finally, TD Cowen decreased their price objective on shares of Baker Hughes from $53.00 to $51.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $48.06.

Read Our Latest Analysis on BKR

Baker Hughes Company Profile

(Get Free Report)

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.

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Earnings History for Baker Hughes (NASDAQ:BKR)

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