Baker Hughes (BKR) Projected to Post Quarterly Earnings on Tuesday

Baker Hughes (NASDAQ:BKRGet Free Report) is projected to post its Q2 2025 quarterly earnings results after the market closes on Tuesday, July 22nd. Analysts expect Baker Hughes to post earnings of $0.55 per share and revenue of $6.64 billion for the quarter. Baker Hughes has set its Q2 2025 guidance at EPS.

Baker Hughes (NASDAQ:BKRGet Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.03. The company had revenue of $6.43 billion during the quarter, compared to analyst estimates of $6.54 billion. Baker Hughes had a return on equity of 14.70% and a net margin of 10.51%. On average, analysts expect Baker Hughes to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Baker Hughes Stock Performance

Shares of Baker Hughes stock opened at $39.87 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 0.93 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $39.50 billion, a P/E ratio of 13.61, a P/E/G ratio of 5.08 and a beta of 0.91. The business has a fifty day simple moving average of $38.12 and a two-hundred day simple moving average of $40.98. Baker Hughes has a 12 month low of $32.25 and a 12 month high of $49.40.

Baker Hughes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Tuesday, May 6th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, May 6th. This represents a $0.92 annualized dividend and a dividend yield of 2.31%. Baker Hughes’s payout ratio is presently 31.40%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BKR. The Goldman Sachs Group reduced their price target on Baker Hughes from $42.00 to $41.00 and set a “buy” rating for the company in a report on Wednesday, July 2nd. TD Securities reduced their price target on Baker Hughes from $50.00 to $49.00 and set a “buy” rating for the company in a report on Thursday, April 24th. Morgan Stanley reduced their price target on Baker Hughes from $55.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, May 16th. Piper Sandler reduced their price objective on Baker Hughes from $53.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday, April 24th. Finally, Evercore ISI reduced their price objective on Baker Hughes from $52.00 to $50.00 and set an “outperform” rating for the company in a report on Thursday, April 24th. Two investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $48.50.

Get Our Latest Analysis on Baker Hughes

Institutional Trading of Baker Hughes

A hedge fund recently raised its stake in Baker Hughes stock. Woodline Partners LP raised its holdings in Baker Hughes Company (NASDAQ:BKRFree Report) by 40.8% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 83,650 shares of the company’s stock after acquiring an additional 24,225 shares during the quarter. Woodline Partners LP’s holdings in Baker Hughes were worth $3,676,000 as of its most recent filing with the Securities & Exchange Commission. 92.06% of the stock is owned by institutional investors.

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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