Q1 EPS Estimates for Baker Hughes Reduced by Zacks Research

Baker Hughes Company (NASDAQ:BKR) – Research analysts at Zacks Research dropped their Q1 2026 EPS estimates for shares of Baker Hughes in a research report issued on Monday, June 30th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.55 for the quarter, down from their prior forecast of $0.56. The consensus estimate for Baker Hughes’ current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Baker Hughes’ Q1 2027 earnings at $0.66 EPS and FY2027 earnings at $3.05 EPS.

Baker Hughes (NASDAQ:BKR) last posted its quarterly earnings data on Tuesday, April 22nd. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03. Baker Hughes had a net margin of 10.51% and a return on equity of 14.70%. The firm had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.54 billion.

Several other equities research analysts have also commented on the stock. Evercore ISI decreased their target price on shares of Baker Hughes from $52.00 to $50.00 and set an “outperform” rating on the stock in a research report on Thursday, April 24th. Stifel Nicolaus set a $50.00 target price on shares of Baker Hughes and gave the stock a “buy” rating in a research report on Thursday, April 24th. Morgan Stanley decreased their target price on shares of Baker Hughes from $55.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, May 16th. Barclays decreased their target price on shares of Baker Hughes from $54.00 to $48.00 and set an “overweight” rating on the stock in a research report on Thursday, April 24th. Finally, TD Cowen decreased their target price on shares of Baker Hughes from $50.00 to $49.00 and set a “buy” rating on the stock in a research report on Thursday, April 24th. Two equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Baker Hughes currently has a consensus rating of “Moderate Buy” and a consensus price target of $48.50.

Baker Hughes Price Performance

Shares of NASDAQ BKR opened at $39.62 on Wednesday. The firm has a market capitalization of $39.25 billion, a P/E ratio of 13.52, a PEG ratio of 4.24 and a beta of 0.91. Baker Hughes has a one year low of $32.25 and a one year high of $49.40. The company’s fifty day moving average is $37.64 and its two-hundred day moving average is $41.02. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.93 and a current ratio of 1.34.

Institutional Investors Weigh In On Baker Hughes

Several institutional investors and hedge funds have recently made changes to their positions in the business. City Center Advisors LLC raised its stake in Baker Hughes by 3.6% in the 2nd quarter. City Center Advisors LLC now owns 8,486 shares of the company’s stock valued at $325,000 after purchasing an additional 298 shares during the last quarter. Central Pacific Bank Trust Division raised its stake in Baker Hughes by 3.6% in the 2nd quarter. Central Pacific Bank Trust Division now owns 17,185 shares of the company’s stock valued at $659,000 after purchasing an additional 600 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs acquired a new position in Baker Hughes in the 1st quarter valued at about $5,715,000. 1248 Management LLC acquired a new position in Baker Hughes in the 1st quarter valued at about $1,245,000. Finally, First Hawaiian Bank raised its stake in Baker Hughes by 28.0% in the 1st quarter. First Hawaiian Bank now owns 120,567 shares of the company’s stock valued at $5,299,000 after purchasing an additional 26,404 shares during the last quarter. 92.06% of the stock is currently owned by hedge funds and other institutional investors.

Baker Hughes Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Tuesday, May 6th were given a $0.23 dividend. The ex-dividend date was Tuesday, May 6th. This represents a $0.92 annualized dividend and a dividend yield of 2.32%. Baker Hughes’s dividend payout ratio is presently 31.40%.

About Baker Hughes

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.