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.
Investment analysts gave a few price targets for BHI. The highest price target was 78, implying potential capital gains of 35.23 percent. The most pessimistic analyst gave a price target of 52, implying potential capital losses of -9.85 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 4.17 percent. That number becomes -375 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -9.09 percent. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
BHI has traded between a high of 68.59 and a low of 43.09 over the past year. Today's price is 33.86 percent above the 52-week low, and 15.91 percent below the high. BHI has a P/E 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 will post this quarters earnings in days, on 0000-00-00.