Baker Hughes, a GE company Class A (NASDAQ:BHGE) Getting Somewhat Positive News Coverage, Analysis Finds

Media stories about Baker Hughes, a GE company Class A (NASDAQ:BHGE) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Baker Hughes, a GE company Class A earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.4816059858061 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

A number of research firms have recently weighed in on BHGE. Goldman Sachs Group, Inc. (The) restated a “sell” rating and set a $37.00 price target on shares of Baker Hughes, a GE company Class A in a report on Tuesday, July 18th. HSBC Holdings plc began coverage on shares of Baker Hughes, a GE company Class A in a report on Thursday, July 13th. They set a “buy” rating and a $48.00 price target on the stock. FBR & Co began coverage on shares of Baker Hughes, a GE company Class A in a report on Monday, July 17th. They set a “market perform” rating and a $42.00 price target on the stock. Morgan Stanley restated an “overweight” rating and set a $60.00 price target on shares of Baker Hughes, a GE company Class A in a report on Monday, July 17th. Finally, Cowen and Company restated a “buy” rating and set a $55.00 price target on shares of Baker Hughes, a GE company Class A in a report on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $45.88.

Baker Hughes, a GE company Class A (BHGE) traded down 0.91% on Thursday, hitting $34.70. 1,984,469 shares of the stock were exchanged. The company has a 50 day moving average of $40.28 and a 200 day moving average of $54.36. Baker Hughes, a GE company Class A has a one year low of $33.44 and a one year high of $68.59. The stock’s market capitalization is $14.85 billion.

Baker Hughes, a GE company Class A (NASDAQ:BHGE) last announced its earnings results on Friday, July 28th. The company reported ($0.11) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.27. The company had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.35 billion. During the same period last year, the firm earned ($0.90) EPS. The company’s revenue was down .2% compared to the same quarter last year. On average, equities research analysts forecast that Baker Hughes, a GE company Class A will post $0.53 earnings per share for the current fiscal year.

The firm also recently announced a monthly dividend, which will be paid on Friday, August 25th. Investors of record on Friday, August 11th will be issued a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a yield of 5.88%. The ex-dividend date is Wednesday, August 9th.

In other Baker Hughes, a GE company Class A news, CFO Brian Worrell bought 2,801 shares of Baker Hughes, a GE company Class A stock in a transaction that occurred on Wednesday, August 2nd. The stock was acquired at an average price of $35.24 per share, for a total transaction of $98,707.24. Following the completion of the acquisition, the chief financial officer now owns 2,801 shares of the company’s stock, valued at approximately $98,707.24. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John G. Rice bought 5,000 shares of Baker Hughes, a GE company Class A stock in a transaction that occurred on Wednesday, August 2nd. The shares were acquired at an average price of $35.37 per share, with a total value of $176,850.00. Following the acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $176,850. The disclosure for this purchase can be found here.

COPYRIGHT VIOLATION NOTICE: “Baker Hughes, a GE company Class A (NASDAQ:BHGE) Getting Somewhat Positive News Coverage, Analysis Finds” was first reported by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The legal version of this story can be read at https://www.tickerreport.com/banking-finance/2800300/baker-hughes-a-ge-company-class-a-nasdaqbhge-getting-somewhat-positive-news-coverage-analysis-finds.html.

Receive News & Ratings for Baker Hughes a GE company Class A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baker Hughes a GE company Class A and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.