Professional
Added to YB: 2024-02-15
Pitch date: 2024-02-13
BKR [bullish]
Baker Hughes Company
+95.9%
current return
Author Info
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Company Info
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain.
Market Cap
$55.8B
Pitch Price
$27.77
Price Target
39.00 (-28%)
Dividend
1.64%
EV/EBITDA
9.75
P/E
18.06
EV/Sales
1.99
Sector
Energy Equipment and Services
Category
value
Show full summary:
Baker Hughes Company: 2024 Strategy Centers on Gas Technology Equipment and Services
$BKR: No-moat, FVE $35-39 on IET strength offsetting flat OFSE. Diversifying to 40% upstream rev, 90% LNG turbomachinery share shows switching costs. $2.6B cash, consistent divs+buybacks but O&G cyclicality risk remains. Upside in industrial energy tech & diversification.
Read full article (10 min)