How to Buy Baker Hughes Co Stock
Baker Hughes Co
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide.
Baker Hughes Co stock last closed at $38.91, up 2.05% from the previous day, and has increased 21.52% in one year. It has overperformed other stocks in the Oil & Gas Equipment & Services industry by 0.48 percentage points. Baker Hughes Co stock is currently +25.8% from its 52-week low of $30.93, and -21.23% from its 52-week high of $49.40.
At the moment, there are 990.11M shares of BKR outstanding. The market value of BKR is $38.53B. In the past 24 hours, 5.55M BKR shares were traded.
How to Buy Baker Hughes Co Stock
Not sure how to invest in Baker Hughes Co stock? Here's how.
- Choose where to buy Baker Hughes Co stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Baker Hughes Co stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your information.
- Evaluate Baker Hughes Co stock: The Baker Hughes Co ticker symbol is BKR. Is Baker Hughes Co stock a good investment? Should you buy shares of BKR? How do BKR's underlying business fundamentals look? Do top analysts think Baker Hughes Co is a good buy? Why has BKR's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if BKR is a good stock to buy).
- Execute your BKR buy order: Decide if you will purchase BKR shares at the current market price or use a limit order to buy BKR shares at a given price.
- Get updates on your BKR investment: Create a watchlist to get live updates on your investment in Baker Hughes Co stock.
Step 1: Choose where to buy Baker Hughes Co stock
You need an online brokerage account to access the NASDAQ market and buy BKR shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you can invest in BKR today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on app for stock market, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your new investment account.
Step 4: Evaluate Baker Hughes Co stock
Once you have identified the best place to buy Baker Hughes Co stock, it's crucial to analyze their stock before you buy, so you actually comprehend the risk as well as the upside.
Baker Hughes Co quick stats
Baker Hughes Co Overview
WallStreetZen was designed to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on BKR's stock page.
Is BKR stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BKR's true value.
Using relative valuations ratios:
- BKR may be undervalued based on its P/E ratio of 12.97x, relative to Oil & Gas Equipment & Services industry P/E ratio of 15.32x
- BKR may be overvalued based on its P/B ratio of 2.28x, relative to Oil & Gas Equipment & Services industry P/B ratio of 1.96x
- BKR could be overvalued based on its PEG ratio of 5.03x
You can access more valuation analysis on BKR's stock here.
BKR Financial Summary
Pros:
- There are more short-term assets than short-term liabilities on the BKR balance sheet.
- BKR earnings of $3.43B is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the BKR balance sheet.
- BKR profit margin has gone up from 7.6% to 10.7% in the past year.
- BKR's operating cash flow of $3.33B allows it to safely service it's debt of $6.02B.
Cons:
- Total BKR debt is higher than 5 years ago, relative to shareholder equity.
- BKR has a relatively high debt to equity ratio of 1.26.
Is BKR stock a Buy, Hold, or Sell, according to analysts?
Out of 14 Equities analysts who give ratings on BKR, the consensus analyst rating on BKR is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest BKR Analyst Recommendations
Keith Mackey, a top 32% analyst from RBC Capital maintains BKR with a buy rating and raises their BKR price target from $49.00 to $53.00, on Feb 3, 2025.
Derek Podhaizer, a bottom 7% analyst from Piper Sandler maintains BKR with a strong buy rating and raises their BKR price target from $53.00 to $55.00, on Feb 3, 2025.
Roger Read, a top 10% analyst from Wells Fargo maintains BKR with a strong buy rating and raises their BKR price target from $49.00 to $54.00, on Feb 3, 2025.
Arun Jayaram, a top 17% analyst from JP Morgan maintains BKR with a strong buy rating and raises their BKR price target from $50.00 to $52.00, on Feb 3, 2025.
JP Morgan's Arun Jayaram raised their price target on Baker Hughes Co (NASDAQ: BKR) by 4% from $50 to $52 on 2025/02/03. The analyst maintained their Strong Buy rating on the stock.
Baker Hughes Co. reported its Q4 and FY 2024 earnings on 2025/01/30.
Jayaram told readers they raised their price target after adjusting their Baker Hughes model to account for the results.
The analyst explained that in spite of a relatively high bar heading into the print, the company delivered a "sizeable" beat and management's FY 2025 guidance and commentary were positive .
Looking ahead, Jayaram told investors to look for "further margin expansion" from Baker Hughes.
Earnings Report
Baker Hughes Co. reported:
For Q4 2024:
- EPS of $0.70, which beat the Zacks Consensus Estimate of $0.63 and Q4 2023's $0.51.
- Revenue of $7.364B, which beat the Zacks Consensus Estimate of $7.094B and Q4 2023's $6.835B.
For FY 2024:
- EPS of $2.35, up from FY 2023's $1.60.
- Revenue $27.8B, up 9% Y/Y.
Chairman & CEO Lorenzo Simonelli commented: "2024 proved to be a momentous year for Baker Hughes.
"We closed out the year with exceptional fourth-quarter results, setting new quarterly and annual records for revenue, free cash flow and our adjusted measures of EPS, EBITDA, and EBITDA margin.
"Our strategy to drive profitable growth and continuous margin improvement is working.
"Looking forward, we will continue our journey to transform the Company, and we expect 2025 to demonstrate another strong year of EBITDA growth, led by our IET segment.
"IET booked $3.8 billion of orders in the fourth quarter, supported by strong LNG orders and another gas infrastructure award.
"Including this strong end to the year, 2024 orders totaled $13 billion, the second highest order year ever.
"This order performance highlights the end-market diversity and versatility of our portfolio."
"Overall, our margin increase across both segments continues to demonstrate strong progress on the journey toward 20% segment EBITDA margins.
"Transformation actions will continue to be a major driver of our margin improvements as we progress through 2025 and beyond.
"We remain confident in achieving our 20% EBITDA margin targets for OFSE this year and IET in 2026."
Neil Mehta, a top 5% analyst from Goldman Sachs maintains BKR with a strong buy rating and raises their BKR price target from $51.00 to $52.00, on Jan 23, 2025.
You can dive deeper into what analysts are saying on the Baker Hughes Co stock forecast page.
BKR Technical Indicators
BKR Growth Metrics
Last year, BKR earnings were $2.98B. During the last five year, BKR's earnings have gone up by 67.14% per year. This was slower than the Oil & Gas Equipment & Services industry average of 100.83%.
Last year, BKR revenue was $27.83B. In the last five year, BKR's revenue has grown by 3.14% per year. This was slower than the Oil & Gas Equipment & Services industry average of 8.39%.
Dig into BKR's earnings and revenue performance here.
Who is buying/selling BKR?
In the last 12 months, executives and large shareholders at BKR have sold more shares than they have bought.
James E. Apostolides, SVP Enterprise Op Excellence of BKR, was the latest BKR insider to sell. They sold $355,046.16 worth of BKR stock on Mar 10, 2025.
Get more info about who owns BKR shares here.
Can I rely on BKR as an income stream?
Baker Hughes Co pays a dividend of 2.21%, compared to the Oil & Gas Equipment & Services industry's average dividend yield of 2.03%. If you owned $1,000 of BKR stock, you would have received $22.10 last year.
Baker Hughes Co dividend payments have consistently grown over the past 8 years and have remained stable.
Dig into more info about Baker Hughes Co dividend yield and history here.
What do other traders have to say about BKR?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your BKR buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open Trade button and your broker will place your order.
If you need additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your BKR investment
Now that you own some shares in BKR, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to get notified of the latest news about your BKR stock.
BKR Feed
How to Buy Stock in Baker Hughes Co
To summarize, here are the 6 steps to buy stock in Baker Hughes Co:
- Choose where to buy Baker Hughes Co stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Baker Hughes Co stock
- Execute your BKR buy order
- Get updates on your BKR investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your investment in Baker Hughes Co, add BKR to your watchlist by clicking the button below.
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