The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 7.28, which is lower than the Oil & Gas Related Equipment and Services industry's average of 7.50. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 6.91B, representing a year-over-year decrease of 3.21%, while its net profit experienced a year-over-year decrease of 21.07%.
Key Metrics
The company’s current valuation score is 7.62, which is higher than the Oil & Gas Related Equipment and Services industry's average of 7.49. Its current P/E ratio is 15.90, which is 102.26% below the recent high of 32.17 and 1808.96% above the recent low of -271.80.
The company’s current earnings forecast score is 8.09, which is higher than the Oil & Gas Related Equipment and Services industry's average of 7.62. The average price target for Baker Hughes Co is 53.00, with a high of 58.00 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 company’s current price momentum score is 9.00, which is higher than the Oil & Gas Related Equipment and Services industry's average of 8.08. Sideways: Currently, the stock price is trading between the resistance level at 51.90 and the support level at 44.90, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 10.00, which is higher than the Oil & Gas Related Equipment and Services industry's average of 6.03. The latest institutional shareholding proportion is 101.29%, representing a quarter-over-quarter increase of 0.02%. The largest institutional shareholder is The Vanguard, holding a total of 122.87M shares, representing 12.46% of shares outstanding, with 2.16% increase in holdings.
The company’s current risk assessment score is 8.16, which is higher than the Oil & Gas Related Equipment and Services industry's average of 6.45. The company's beta value is 1.02. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
