Time to Assess SLB's Premium Stock Valuation: Buy, Sell, or Hold? [Yahoo! Finance]
Baker Hughes Company (BKR)
Company Research
Source: Yahoo! Finance
Still, the stock has a premium valuation suggesting the market has confidence in the company - is it warranted? Register now to see our 7 Best Stocks for the Next 30 Days report - free today! SLB SLB is currently considered expensive on a relative basis, with the stock trading at a trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA) of 8.05x, which is a premium compared with the broader industry average of 7.12x. Although a premium valuation indicates that the market has strong confidence in the company's prospects, it necessitates scrutiny to determine if this higher price is warranted. Image Source: Zacks Investment Research In the third quarter of 2024, SLB derived 36% of its total revenues from operations in the Middle East and Asia, making this region the largest contributor to the company's total revenues. Given the Middle East's history of geopolitical instability, including wars, civil unrest and tensions am
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BKR
News
- SLB Stock Plummets 30% YTD: Should You Hold or Exit the Investment? [Yahoo! Finance]Yahoo! Finance
- Baker Hughes (NASDAQ: BKR) is now covered by analysts at Piper Sandler. They set an "overweight" rating and a $53.00 price target on the stock.MarketBeat
- Baker Hughes (NASDAQ: BKR) had its price target raised by analysts at Barclays PLC from $46.00 to $52.00. They now have an "overweight" rating on the stock.MarketBeat
- Baker Hughes (NASDAQ: BKR) had its price target raised by analysts at Bank of America Co. from $42.00 to $48.00. They now have a "buy" rating on the stock.MarketBeat
- Baker Hughes (NASDAQ: BKR) had its price target raised by analysts at Wells Fargo & Company from $42.00 to $49.00. They now have an "overweight" rating on the stock.MarketBeat
BKR
Earnings
- 10/22/24 - Beat
BKR
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- BKR's page on the SEC website