Consensus Estimates and Trading Data for Baker Hughes, a GE company (BHGE)

In the past 52-week period, shares of Baker Hughes, a GE company (NYSE:BHGE) have moved within the range of $29.62 to $47.78. On the stock’s most recent trading day, the company’s shares ended the regular session at $30.44, which is 36.29% lower than its 52-week high.

Baker Hughes, a GE company (BHGE) has demonstrated a 20-day simple moving average (SMA) of -3.46%, and a 50-day SMA of -10.78%. This public company’s current market capitalization stands at $34.01 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Understanding Wall Street analyst’s enthusiasm for a particular stock is crucial when considering entering a position. According to the latest data, the consensus recommendation for Baker Hughes, a GE company (BHGE) is Hold.

When it comes to sales data, public companies usually post revenue and earnings that are either higher or lower than the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Baker Hughes, a GE company (BHGE) delivered a 2.83% surprise with its net revenue. Sales reached $5.38 billion during the three-month period, compared to the average analyst estimate of $5.53 billion.

Meanwhile, during the same quarter Baker Hughes, a GE company (BHGE) delivered a 55.28% earnings surprise. Net earnings for the quarter were posted at $0.05 per share, whereas Wall Street had forecast $0.11 per share.

Ownership at Baker Hughes, a GE company (BHGE), According to Most Recent SEC Filings

A public company’s latest 13F filings tell investors important details about institutional ownership. Baker Hughes, a GE company (BHGE) has 0 billion shares outstanding currently, 90.88% of which belong to institutional investors. Those institutional holdings amount to $12.03 billion.

Additionally, according to the most recent 13F filing from Baker Hughes, a GE company (BHGE), there were 65 new positions totaling 15,289,939 shares of the company’s stock. There were 125 sold out positions, on the other hand, totaling 8,272,764 shares.

Short, Medium and Long Term Indicators

Examining a stock’s average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. Baker Hughes, a GE company (BHGE) has had a 20-day average volume of 4,175,120 shares, with an average of 80% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 3,830,862 shares, with an average of 75% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 3,539,155 shares with 100% of long-term indicators pointing to Sell.