Analyst Ratings for Baker Hughes Inc. (BHI)

Updated: 2017-07-03

Baker Hughes Inc. (NYSE:BHI) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for BHI last month.

33 analysts issued ratings on the stock, where 12 gave BHI a buy rating, 3 issued an overweight rating, 18 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 5 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for BHI. The most optimistic analyst gave a price target of 78, implying potential capital gains of 35.23 percent. The most pessimistic analyst gave a price target of 52, implying a possible loss of -9.85 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 4.17 percent on average, compared to last month. That number becomes -375 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -9.09 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -73.36 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.

BHI has traded between a high of 68.59 and a low of 43.09 over the past year. Currently the stock is 33.86 percent higher than its low, and below the high by 15.91 percent. BHI has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The BHI value stock report compares BHI to some of its peers using value stock charts. The market cap of BHI is $23.19 billion. BHI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.