In the preceding three months, 10 analysts have released ratings for Baker Hughes BKR, presenting a wide array of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 4 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 2 | 1 | 0 | 0 | 0 |
| 2M Ago | 2 | 3 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $50.1, a high estimate of $52.00, and a low estimate of $48.00. This upward trend is apparent, with the current average reflecting a 9.39% increase from the previous average price target of $45.80.
Decoding Analyst Ratings: A Detailed Look
The perception of Baker Hughes by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Neil Mehta | Goldman Sachs | Raises | Buy | $52.00 | $51.00 |
| James West | Evercore ISI Group | Raises | Outperform | $52.00 | $46.00 |
| Marc Bianchi | TD Cowen | Lowers | Buy | $51.00 | $53.00 |
| Lloyd Byrne | Jefferies | Raises | Buy | $50.00 | $48.00 |
| David Anderson | Barclays | Raises | Overweight | $52.00 | $46.00 |
| Saurabh Pant | B of A Securities | Raises | Buy | $48.00 | $42.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $49.00 | $42.00 |
| Keith Mackey | RBC Capital | Raises | Outperform | $49.00 | $43.00 |
| Stephen Gengaro | Stifel | Raises | Buy | $48.00 | $45.00 |
| Scott Gruber | Citigroup | Raises | Buy | $50.00 | $42.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Baker Hughes. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Baker Hughes compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Baker Hughes's stock. This examination reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Baker Hughes's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Baker Hughes analyst ratings.
About Baker Hughes
Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with a high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.
Baker Hughes's Financial Performance
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Over the 3 months period, Baker Hughes showcased positive performance, achieving a revenue growth rate of 4.02% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: Baker Hughes's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 11.09% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Baker Hughes's ROE excels beyond industry benchmarks, reaching 4.82%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Baker Hughes's ROA excels beyond industry benchmarks, reaching 2.07%. This signifies efficient management of assets and strong financial health.
Debt Management: Baker Hughes's debt-to-equity ratio is below the industry average at 0.37, reflecting a lower dependency on debt financing and a more conservative financial approach.
How Are Analyst Ratings Determined?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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