Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $43.82 as of 9:30 a.m. ET, the dividend yield is 1.4%.
The average volume for Baker Hughes has been four million shares per day over the past 30 days. Baker Hughes has a market cap of $19.09 billion and is part of the basic materials sector and energy industry. Shares are down 10.7% year to date as of the close of trading on Tuesday.
Baker Hughes Incorporated supplies oilfield services, products, and technology services and systems to the oil and natural gas industry worldwide. The company has a P/E ratio of 13.6, above the average energy industry P/E ratio of 13.5 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Baker Hughes as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
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