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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 $33.09, up 0.79% from the previous day, and has increased 21.39% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.07 percentage points. Baker Hughes Co stock is currently +23.42% from its 52-week low of $26.81, and -11.94% from its 52-week high of $37.58.

At the moment, there are 1B shares of BKR outstanding. The market value of BKR is $33.12B. In the past 24 hours, 9.25M BKR shares were traded.

How to Buy Baker Hughes Co Stock

Not sure how to invest in Baker Hughes Co stock? Here's how.
  1. 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.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Select your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Input your personal details to create a new brokerage account.
  1. Send your info by hitting the "Create Account" button.
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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.

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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

BKR Price
$33.09
1w %
-0.9%
1y %
21.39%
5y %
21.3%
P/E
17.15x
P/B
2.16x
P/S
1.3x
PEG
4.69x
Revenue
$25.51B
Earnings
$1.94B
Fore. Rev. Growth
7.13%
Fore. Earn. Growth
4.06%
Market Cap
$33.12B
Next Earnings
Apr 24, 2024
Next Dividend
N/A

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 17.15x, relative to Oil & Gas Equipment & Services industry P/E ratio of 28.67x
  • BKR may be undervalued based on its P/B ratio of 2.16x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.83x
  • BKR could be overvalued based on its PEG ratio of 4.69x

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 $2.84B 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 -2.8% to 7.6% in the past year.
  • BKR's operating cash flow of $3.06B 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 1.39.

Is BKR stock a Buy, Hold, or Sell, according to analysts?

Out of 5 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.

You can dig deeper into what analysts are forecasting on the Baker Hughes Co stock forecast page.

BKR Momentum

SMA10
32.97
SMA20
31.77
SMA50
30.49
SMA100
31.99
SMA200
33.27
MACD
0.86
MACD Signal
0.74
MACD Histogram
0.12
RSI
65.86
Stochastic %K
71.46
Stochastic %D
77.6
StochRSI %K
45.75
StochRSI %D
61.6

BKR Growth Metrics

Last year, BKR earnings were $1.94B. In the last five year, BKR's earnings have increased by 33.22% per year. This was slower than the Oil & Gas Equipment & Services industry average of 100.36%.

Last year, BKR revenue was $25.51B. During the last 5 year, BKR's revenue has gone up by 2.2% per year. This was slower than the Oil & Gas Equipment & Services industry average of 7.85%.

You can analyze BKR's earnings and revenue performance here.

Latest Insiders Trades at 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 $162,540.90 worth of BKR stock on Mar 11, 2024.

Research more about who owns BKR shares here.

Can I rely on BKR as an income stream?

Baker Hughes Co pays a dividend of 2.42%, compared to the Oil & Gas Equipment & Services industry's average dividend yield of 2.05%. If you owned $1,000 of BKR stock, you would have received $24.18 last year.

Baker Hughes Co dividend payments have consistently grown over the past 7 years and have remained stable.

Get more info about Baker Hughes Co dividend yield and history here.

Get analysis from other traders

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Execute your BKR buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price, use a limit order.

Press the Open button and your broker will execute your order.

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Step 6: Get updates on your BKR investment

Now that you own some BKR stock, you'll want to keep up with your new investment.

Create a watchlist to monitor your BKR stock.

BKR Feed

How to Buy Stock in Baker Hughes Co

To summarize, here are the 6 steps to buy Baker Hughes Co stock:

  1. Choose where to buy Baker Hughes Co stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Baker Hughes Co stock
  5. Execute your BKR buy order
  6. Get updates on your BKR investment

If you require a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your new investment in Baker Hughes Co, hit the button below to create your watchlist.

NASDAQ: BKR
$33.09+0.26 (+0.79%)
Updated Mar 27, 2024
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NASDAQ: BKR
$33.09+0.26 (+0.79%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Baker Hughes Co share?

As of Mar 27, 2024, it costs $33.09 to buy one share of Baker Hughes Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.302 shares of BKR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Baker Hughes Co stock?

According to 5 Wall Street analysts who monitor Baker Hughes Co, their consensus recommendation is to buy Baker Hughes Co stock.

What is the best way to buy Baker Hughes Co stock?

One way to place an order for Baker Hughes Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.