3. As of noon trading, Baker Hughes ( BHI) is down $1.31 (-3.1%) to $40.87 on average volume Thus far, 2.8 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $40.83-$41.56 after having opened the day at $41.45 as compared to the previous trading day's close of $42.18.

Baker Hughes Incorporated supplies oilfield services, products, and technology services and systems to the oil and natural gas industry worldwide. Baker Hughes has a market cap of $18.9 billion and is part of the basic materials sector. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. Shares are down 11.8% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Baker Hughes a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Baker Hughes as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Baker Hughes Ratings Report now.

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