Baker Hughes, a GE company Class A (BHGE) Earns Media Impact Rating of 0.11

Press coverage about Baker Hughes, a GE company Class A (NYSE:BHGE) has trended somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Baker Hughes, a GE company Class A earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.9456073602358 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

BHGE has been the topic of several recent analyst reports. Cowen set a $50.00 price objective on shares of Baker Hughes, a GE company Class A and gave the company a “buy” rating in a research note on Wednesday, October 18th. Zacks Investment Research raised shares of Baker Hughes, a GE company Class A from a “strong sell” rating to a “hold” rating in a research note on Monday, November 13th. Royal Bank of Canada set a $35.00 price objective on shares of Baker Hughes, a GE company Class A and gave the company a “buy” rating in a research note on Thursday, December 21st. Barclays set a $41.00 price objective on shares of Baker Hughes, a GE company Class A and gave the company a “buy” rating in a research note on Thursday, October 26th. Finally, Scotiabank set a $44.00 price objective on shares of Baker Hughes, a GE company Class A and gave the company a “hold” rating in a research note on Saturday, October 21st. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the stock. Baker Hughes, a GE company Class A currently has an average rating of “Hold” and an average price target of $37.98.

Baker Hughes, a GE company Class A (BHGE) traded up $0.48 during trading hours on Wednesday, reaching $26.42. 6,140,000 shares of the company’s stock were exchanged, compared to its average volume of 5,640,000. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.56 and a current ratio of 2.08. The stock has a market capitalization of $11,110.00 and a P/E ratio of -4.03. Baker Hughes, a GE company Class A has a 12 month low of $25.63 and a 12 month high of $40.82.

Baker Hughes, a GE company Class A (NYSE:BHGE) last posted its quarterly earnings results on Wednesday, January 24th. The company reported $0.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.01. The company had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.60 billion. Baker Hughes, a GE company Class A had a negative net margin of 2.79% and a positive return on equity of 0.10%. The company’s quarterly revenue was down 2.7% on a year-over-year basis. research analysts anticipate that Baker Hughes, a GE company Class A will post 0.84 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Shareholders of record on Monday, February 5th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date is Friday, February 2nd. Baker Hughes, a GE company Class A’s dividend payout ratio is currently -32.98%.

In other Baker Hughes, a GE company Class A news, insider William D. Marsh sold 5,000 shares of the stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $35.00, for a total transaction of $175,000.00. Following the transaction, the insider now owns 25,190 shares of the company’s stock, valued at $881,650. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.66% of the company’s stock.

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About Baker Hughes, a GE company Class A

Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. The company offers upstream services, including evaluation, drilling, production, and completion; midstream services comprising equipment and services for LNG, and pipeline and storage; and chemical, mechanical, digital, and service solutions for refinery and petrochemical operations.

Insider Buying and Selling by Quarter for Baker Hughes, a GE company Class A (NYSE:BHGE)

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