Baker Hughes Co Stock Buy Hold or Sell Recommendation
| BKR Stock | USD 32.67 0.33 1.00% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Baker Hughes Co is 'Strong Buy'. Macroaxis provides Baker Hughes buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BKR positions. The advice algorithm takes into account all of Baker Hughes' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Baker Hughes' buy or sell advice are summarized below:
Real Value 32.15 | Target Price 40.67 | Hype Value 33 | Market Value 32.67 | Naive Value 32.58 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Baker Hughes Co given historical horizon and risk tolerance towards Baker Hughes. When Macroaxis issues a 'buy' or 'sell' recommendation for Baker Hughes Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Baker |
Execute Baker Hughes Buy or Sell Advice
The Baker recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Baker Hughes Co. Macroaxis does not own or have any residual interests in Baker Hughes Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Baker Hughes' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Baker Hughes Trading Alerts and Improvement Suggestions
| Baker Hughes is unlikely to experience financial distress in the next 2 years | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Baker Hughes Co Q1 2024 Earnings Surpasses Revenue Forecasts with Strong Year-Over-Year ... |
Baker Hughes Returns Distribution Density
The distribution of Baker Hughes' historical returns is an attempt to chart the uncertainty of Baker Hughes' future price movements. The chart of the probability distribution of Baker Hughes daily returns describes the distribution of returns around its average expected value. We use Baker Hughes Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Baker Hughes returns is essential to provide solid investment advice for Baker Hughes.
| Mean Return | 0.13 | Value At Risk | -2.18 | Potential Upside | 2.29 | Standard Deviation | 1.38 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Baker Hughes historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Baker Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Baker Hughes is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Baker Hughes Co backward and forwards among themselves. Baker Hughes' institutional investor refers to the entity that pools money to purchase Baker Hughes' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Norges Bank | 2023-12-31 | 16.1 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 13.2 M | Goldman Sachs Group Inc | 2023-12-31 | 11.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 11.3 M | Bank Of New York Mellon Corp | 2023-12-31 | 10.1 M | Amvescap Plc. | 2023-12-31 | 9.7 M | Alliancebernstein L.p. | 2023-12-31 | 9.5 M | Northern Trust Corp | 2023-12-31 | 9.4 M | Legal & General Group Plc | 2023-12-31 | 8.7 M | Vanguard Group Inc | 2023-12-31 | 121.9 M | Blackrock Inc | 2023-12-31 | 98.4 M |
Baker Hughes Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (200M) | (80M) | 170M | (885M) | (669M) | (635.6M) | |
| Change In Cash | (474M) | 883M | (279M) | (1.4B) | 158M | 111.6M | |
| Net Borrowings | (587M) | 991M | (936M) | (28M) | (25.2M) | (23.9M) | |
| Free Cash Flow | 1.2B | 517M | 1.8B | 1.1B | 3.1B | 3.2B | |
| Depreciation | 1.4B | 1.3B | 1.1B | 1.1B | 1.1B | 1.2B | |
| Other Non Cash Items | 437M | 227M | 134M | 1.1B | (133M) | (126.4M) | |
| Dividends Paid | 745M | 744M | 749M | 743M | 786M | 590.0M | |
| Capital Expenditures | 976M | 787M | 541M | 772M | 1.1B | 843.8M | |
| Net Income | 271M | (15.8B) | (330M) | (578M) | 2.0B | 2.1B | |
| End Period Cash Flow | 3.2B | 4.1B | 3.9B | 2.5B | 2.6B | 3.6B | |
| Change To Netincome | 27M | 16.7B | 1.0B | 873M | 1.0B | 953.8M | |
| Investments | (1.0B) | (618M) | (463M) | (1.6B) | (1.5B) | (1.6B) |
Baker Hughes Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Baker Hughes or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Baker Hughes' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Baker stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.04 | |
β | Beta against NYSE Composite | 0.95 | |
σ | Overall volatility | 1.24 | |
Ir | Information ratio | 0.03 |
Baker Hughes Volatility Alert
Baker Hughes Co has relatively low volatility with skewness of -0.77 and kurtosis of 1.45. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Baker Hughes' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Baker Hughes' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Baker Hughes Fundamentals Vs Peers
Comparing Baker Hughes' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Baker Hughes' direct or indirect competition across all of the common fundamentals between Baker Hughes and the related equities. This way, we can detect undervalued stocks with similar characteristics as Baker Hughes or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Baker Hughes' fundamental indicators could also be used in its relative valuation, which is a method of valuing Baker Hughes by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Baker Hughes to competition |
| Fundamentals | Baker Hughes | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0465 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.12 % | (5.51) % |
| Current Valuation | 37.32 B | 16.62 B |
| Shares Outstanding | 997.5 M | 571.82 M |
| Shares Owned By Insiders | 0.14 % | 10.09 % |
| Shares Owned By Institutions | 97.90 % | 39.21 % |
| Number Of Shares Shorted | 25.2 M | 4.71 M |
| Price To Earning | 158.33 X | 28.72 X |
| Price To Book | 2.15 X | 9.51 X |
| Price To Sales | 1.30 X | 11.42 X |
| Revenue | 25.51 B | 9.43 B |
| Gross Profit | 4.43 B | 27.38 B |
| EBITDA | 2.32 B | 3.9 B |
| Net Income | 1.97 B | 570.98 M |
| Cash And Equivalents | 3.7 B | 2.7 B |
| Cash Per Share | 3.69 X | 5.01 X |
| Total Debt | 6.02 B | 5.32 B |
| Debt To Equity | 0.46 % | 48.70 % |
| Current Ratio | 1.51 X | 2.16 X |
| Book Value Per Share | 15.40 X | 1.93 K |
| Cash Flow From Operations | 3.06 B | 971.22 M |
| Short Ratio | 3.04 X | 4.00 X |
| Earnings Per Share | 1.91 X | 3.12 X |
| Price To Earnings To Growth | 0.96 X | 4.89 X |
| Target Price | 40.65 | |
| Number Of Employees | 58 K | 18.84 K |
| Beta | 1.45 | -0.15 |
| Market Capitalization | 33.15 B | 19.03 B |
| Total Asset | 36.95 B | 29.47 B |
| Retained Earnings | (8.82 B) | 9.33 B |
| Working Capital | 3.31 B | 1.48 B |
Note: Acquisition by Greg Brenneman of 4631 shares of Baker Hughes subject to Rule 16b-3 [view details]
Baker Hughes Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Baker . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Baker Hughes Buy or Sell Advice
When is the right time to buy or sell Baker Hughes Co? Buying financial instruments such as Baker Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 2.1B | 2.3B | 2.8B | 2.2B | Total Assets | 35.3B | 34.2B | 36.9B | 43.1B |
Use Investing Ideas to Build Portfolios
In addition to having Baker Hughes in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Railroads Theme or any other thematic opportunities.
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Check out Baker Hughes Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Baker Stock analysis
When running Baker Hughes' price analysis, check to measure Baker Hughes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.
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Is Baker Hughes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baker Hughes. If investors know Baker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baker Hughes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.366 | Dividend Share 0.78 | Earnings Share 1.91 | Revenue Per Share 25.304 | Quarterly Revenue Growth 0.157 |
The market value of Baker Hughes is measured differently than its book value, which is the value of Baker that is recorded on the company's balance sheet. Investors also form their own opinion of Baker Hughes' value that differs from its market value or its book value, called intrinsic value, which is Baker Hughes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baker Hughes' market value can be influenced by many factors that don't directly affect Baker Hughes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Baker Hughes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.