Analyst Valuation and EPS Growth Baker Hughes (NYSE:BKR)

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Earnings results for Baker Hughes (NYSE:BKR)

Baker Hughes Company is expected* to report earnings on 01/21/2021 before market open. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 10 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.16. The reported EPS for the same quarter last year was $0.27.

Baker Hughes last released its earnings results on October 21st, 2020. The reported $0.04 EPS for the quarter, hitting analysts’ consensus estimates of $0.04. The company had revenue of $5.05 billion for the quarter, compared to analysts’ expectations of $4.77 billion. Its quarterly revenue was down 14.2% compared to the same quarter last year. Baker Hughes has generated $0.85 earnings per share over the last year. Baker Hughes has confirmed that its next quarterly earnings report will be published on Thursday, January 21st, 2021.

Analyst Opinion on Baker Hughes (NYSE:BKR)

26 Wall Street analysts have issued ratings and price targets for Baker Hughes in the last 12 months. Their average twelve-month price target is $18.75, predicting that the stock has a possible downside of 18.08%. The high price target for BKR is $31.00 and the low price target for BKR is $10.50. There are currently 10 hold ratings and 16 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Baker Hughes has received a consensus rating of Buy. The company’s average rating score is 2.62, and is based on 16 buy ratings, 10 hold ratings, and no sell ratings. According to analysts’ consensus price target of $18.75, Baker Hughes has a forecasted downside of 18.1% from its current price of $22.89. Baker Hughes has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Baker Hughes (NYSE:BKR)

Baker Hughes pays a meaningful dividend of 3.15%, higher than the bottom 25% of all stocks that pay dividends. Baker Hughes does not have a long track record of dividend growth. The dividend payout ratio of Baker Hughes is 84.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Baker Hughes will have a dividend payout ratio of 122.03% in the coming year. This indicates that Baker Hughes may not be able to sustain their current dividend.

Insiders buying/selling: Baker Hughes (NYSE:BKR)

In the past three months, Baker Hughes insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $417,303,809.00 in company stock. Only 0.21% of the stock of Baker Hughes is held by insiders. 98.17% of the stock of Baker Hughes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Baker Hughes (NYSE:BKR

Earnings for Baker Hughes are expected to grow by 118.52% in the coming year, from $0.27 to $0.59 per share. The P/E ratio of Baker Hughes is -1.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Baker Hughes is -1.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Baker Hughes has a PEG Ratio of 2.39. PEG Ratios above 1 indicate that a company could be overvalued. Baker Hughes has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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