3. As of noon trading, Baker Hughes ( BHI) is down $0.74 (-1.3%) to $57.16 on average volume. Thus far, 1.6 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $57.06-$58.12 after having opened the day at $57.91 as compared to the previous trading day's close of $57.89.

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. Baker Hughes has a market cap of $25.2 billion and is part of the energy industry. The company has a P/E ratio of 23.8, above the S&P 500 P/E ratio of 17.7. Shares are up 41.7% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Baker Hughes a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Baker Hughes as a buy. 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, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Baker Hughes Ratings Report now.

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