Q1 2025 EPS Estimates for Baker Hughes Lifted by Analyst (NASDAQ:BKR)

Baker Hughes (NASDAQ:BKR) – Research analysts at Seaport Res Ptn increased their Q1 2025 earnings per share (EPS) estimates for Baker Hughes in a note issued to investors on Tuesday, October 1st. Seaport Res Ptn analyst T. Curran now anticipates that the company will post earnings of $0.45 per share for the quarter, up from their previous forecast of $0.44. The consensus estimate for Baker Hughes’ current full-year earnings is $2.25 per share. Seaport Res Ptn also issued estimates for Baker Hughes’ Q2 2025 earnings at $0.68 EPS, Q4 2025 earnings at $0.79 EPS and FY2025 earnings at $2.63 EPS.

Baker Hughes (NASDAQ:BKR) last released its quarterly earnings results on Thursday, July 25th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.08. Baker Hughes had a return on equity of 12.45% and a net margin of 7.37%. The business had revenue of $7.10 billion during the quarter, compared to analyst estimates of $6.81 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. Baker Hughes’s revenue for the quarter was up 12.4% on a year-over-year basis.

A number of other equities analysts have also commented on the company. Jefferies Financial Group increased their price target on Baker Hughes from $46.00 to $48.00 and gave the company a “buy” rating in a research note on Monday, July 29th. JPMorgan Chase & Co. increased their price target on Baker Hughes from $42.00 to $43.00 and gave the company an “overweight” rating in a research note on Monday, July 29th. Morgan Stanley increased their price target on Baker Hughes from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Thursday. Bank of America decreased their price objective on Baker Hughes from $40.00 to $38.00 and set a “buy” rating on the stock in a research report on Monday, July 15th. Finally, Piper Sandler decreased their price objective on Baker Hughes from $45.00 to $44.00 and set an “overweight” rating on the stock in a research report on Monday, July 15th. Two investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $43.56.

Baker Hughes Stock Performance

NASDAQ BKR opened at $37.93 on Friday. The firm has a market cap of $37.85 billion, a price-to-earnings ratio of 21.19, a price-to-earnings-growth ratio of 0.59 and a beta of 1.38. The company has a quick ratio of 0.86, a current ratio of 1.27 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average price of $35.31 and a 200-day moving average price of $34.03. Baker Hughes has a twelve month low of $28.32 and a twelve month high of $39.05.

Hedge Funds Weigh In On Baker Hughes

Institutional investors and hedge funds have recently modified their holdings of the company. Redmont Wealth Advisors LLC acquired a new stake in shares of Baker Hughes during the first quarter worth about $27,000. New Covenant Trust Company N.A. purchased a new position in Baker Hughes in the first quarter valued at about $34,000. Alta Advisers Ltd purchased a new position in Baker Hughes in the second quarter valued at about $42,000. Headlands Technologies LLC purchased a new position in Baker Hughes in the second quarter valued at about $48,000. Finally, UMB Bank n.a. increased its holdings in Baker Hughes by 281.2% in the first quarter. UMB Bank n.a. now owns 1,582 shares of the company’s stock valued at $53,000 after buying an additional 1,167 shares in the last quarter. Institutional investors and hedge funds own 92.06% of the company’s stock.

Insider Buying and Selling

In related news, CEO Lorenzo Simonelli sold 114,286 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $35.00, for a total value of $4,000,010.00. Following the transaction, the chief executive officer now directly owns 502,053 shares in the company, valued at approximately $17,571,855. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.25% of the stock is currently owned by insiders.

Baker Hughes Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 16th. Investors of record on Tuesday, August 6th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.21%. The ex-dividend date of this dividend was Tuesday, August 6th. Baker Hughes’s payout ratio is 46.93%.

Baker Hughes Company Profile

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations.