Baker Hughes Incorporated (NYSE:BHI) has a 1 Year Target Estimate of $61.68. The stock traded with the volume of 2.87 Million in the last trading session. Baker Hughes Incorporated opened at $60.08 and closed by showing a decrease of -1.29%. The Bid price in the last session was $60.20 x 400 and the Ask price was $60.79 x 400. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).
Baker Hughes Incorporated has the Market Capitalization of 25.57 Billion. The Stock has its 52-week High of $62.5 and 52-Week Low of $37.58 and it touched its 52-week high on Nov 28, 2016 and 52-Week Low on Jan 20, 2016.
Baker Hughes Incorporated reported its last Earnings on Oct 25 BMO where the company reported Actual EPS of $-0.15/Share whereas, the Analyst Estimated EPS was $-0.44/share. The difference between Actual EPS and Estimated EPS was $0.29/share. This represented an Earnings Surprise of 65.9%. The company will report its next earnings on Jan 26 – Jan 30 (Est.).
Some analyst provided their insight on Growth Estimates; Baker Hughes Incorporated has the Current Quarter Earnings Growth rate of 47.6%. The Next Quarter growth is expected to be 88.9%. In the past 5 years, the stock has earnings growth rate of 0.21% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 45.9% per annum.
30 number of analysts also provided their insight on Baker Hughes Incorporated, where the Average Price Target for the stock is $61.68. They also projected Low Price Target as $41 while High Price Target is set at $71.
A number of analysts rated the stock as well: 10 analysts believe that the stock is a STRONG BUY while 14 reported it as Buy.8 analysts assigned a HOLD rating, 1 said it’s UNDERPERFORM and 0 say that this stock is a SELL.
Baker Hughes Incorporated annual Divided is 0.68 while it’s Dividend Yield is 1.12%. The stock has its Price to Earnings (P/E) ratio of 0 and Forward Price to Earnings ratio of 136.22. The company has its Price to Sales (P/S) ratio of 2.36 where Price to Book (P/B) ratio of 1.98, Price to Cash Per share (P/C) of 6.84 and Price to Free Cash Flow (P/FCF) has a value of 7.54.
The company has its Return on Assets (ROA) of -15.4 Percent. Return on Equity (ROE) stands at -22.9% and Return on Investment (ROI) displays a value of -8.6%.
The stock is currently trading at Distance from 20-Day simple moving Average of 2.11% whereas, Distance from 50-Day Simple moving average is 10.85 Percent and Distance from 200-Day Simple Moving Average of 26.3 percent.
A look at performance overview of Baker Hughes Incorporated depicts that Performance (Week) is -2.48 percent while Performance Month is 2.62%. Quarterly performance shows a value of 21.34% and Half Year Performance value stands at 31.42%. Yearly performance of the stock has the value of 13.83 percent. Baker Hughes Incorporated has its YTD performance of 32.94 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).
Many Insiders have done trades inside the company. The latest trade was made on 13 Nov 2016 where Director Brenneman (Gregory D) did a transaction type “Buy” in which 85000 shares were traded at a price of $58.84. Another insider trade includes Officer Chariag Belgacem who also initiated a transaction in which 2800 shares were traded on 8 Nov 2016 as “Sell”. On 8 Nov 2016 Officer Chariag Belgacem traded 500 shares as “Sell” at $58.05. Officer Chariag Belgacem Sell 500 shares on 8 Nov 2016 at the price of $58.04.
The latest Upgrades/Downgrades was done by Research firm Raymond James on 1-Nov-16 who Downgrade the stock from Strong Buy to Outperform. Other firms have also Upgraded/Downgraded the stock. On 26-Oct-16, Cowen took an action “Upgrade” from Market Perform to Outperform. On 11-Jul-16, the stock was Upgrade to Hold by Jefferies.