Baker Hughes Co's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 9 out of 98 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 53.57.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Baker Hughes Co is 7.20, ranking 58 out of 98 in the Oil & Gas Related Equipment and Services industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 7.39B, representing a year-over-year increase of 0.30%, while its net profit experienced a year-over-year increase of 25.70%.
Key Metrics
The current valuation score of Baker Hughes Co is 7.62, ranking 50 out of 98 in the Oil & Gas Related Equipment and Services industry. Its current P/E ratio is 21.49, which is 49.69% below the recent high of 32.17 and 1364.80% above the recent low of -271.80.
The current earnings forecast score of Baker Hughes Co is 8.09, ranking 25 out of 98 in the Oil & Gas Related Equipment and Services industry. The average price target is 54.00, with a high of 59.00 and a low of 40.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Baker Hughes Co is 9.67, ranking 2 out of 98 in the Oil & Gas Related Equipment and Services industry. Currently, the stock price is trading between the resistance level at 60.46 and the support level at 48.54, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Baker Hughes Co is 10.00, ranking 1 out of 98 in the Oil & Gas Related Equipment and Services industry. The latest institutional shareholding proportion is 103.93%, representing a quarter-over-quarter decrease of 0.26%. The largest institutional shareholder is The Vanguard, holding a total of 123.46M shares, representing 12.51% of shares outstanding, with 1.85% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Oil & Gas Related Equipment and Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Baker Hughes Co is 8.05, ranking 28 out of 98 in the Oil & Gas Related Equipment and Services industry. The company's beta value is 0.88. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
