The price of Baker Hughes Co (NASDAQ:BKR) shares last traded on Wall Street rose 2.95% to $39.83.
BKR stock price is now 6.08% away from the 50-day moving average and -1.67% away from the 200-day moving average. The market capitalization of the company currently stands at $39.46B.
With the price target reduced from $50 to $49, TD Cowen maintained Buy rating for Baker Hughes Co (NASDAQ: BKR). On December 19, 2024, Piper Sandler recently initiated its ‘Overweight’ rating on the stock quoting a target price of $53, while ‘Argus’ rates the stock as ‘Buy’
In other news, BORRAS MARIA C, Chief Growth & Experience Ofcr sold 5,585 shares of the company’s stock on Jun 17 ’25. The stock was sold for $223,400 at an average price of $40.00. Upon completion of the transaction, the Chief Growth & Experience Ofcr now directly owns 116,643 shares in the company, valued at $4.65 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 17 ’25, Officer BORRAS MARIA C bought 5,585 shares of the business’s stock. A total of $223,400 was incurred on buying the stock at an average price of $40.00. A total of 0.22% of the company’s stock is owned by insiders.
During the past 12 months, Baker Hughes Co has had a low of $32.25 and a high of $49.40. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 1.34, and a quick ratio of 0.93. According to the stock market information, the enterprise value for the company is $40896352256, which is based on a 13.60 price-to-earnings ratio, a 1.73 price-to-earnings-growth ratio, and a beta of 0.91. The fifty day moving average price for BKR is $37.5462 and a two-hundred day moving average price translates $40.50805 for the stock.
The latest earnings results from Baker Hughes Co (NASDAQ: BKR) was released for 2025-03-31. The net profit margin was 10.51% and return on equity was 18.04% for BKR. The company reported revenue of $6.43 billion for the quarter, compared to $6.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.14 percent.
