Can Baxter International Inc. (BAX) Add Value To Your Portfolio?

As of Thursday close, Baxter International Inc.’s (NYSE:BAX) stock was down -$0.27, moving down -0.46 percent to $57.91. The average number of shares traded per day over the past five days has been 4,769,280 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.59 fall in that time frame. In the last twenty days, the average volume was 3,262,750, while in the previous 50 days, it was 3,096,076.

Since last month, BAX stock retreated -11.06%. Shares of the company fell to $57.75 on 08/04/22, the lowest level in the past month. A 52-week high of $89.70 was reached on 02/09/22 after having rallying from a 52-week low of $57.77. Since the beginning of this year, BAX’s stock price has dropped by -32.54% or -$27.93, and marked a new high 4 times. However, the stock has declined by -35.44% since its 52-week high.

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Baxter International Inc. (BAX) last reported insider trading activity 122 days ago on Apr 05. STROUCKEN ALBERT P L, the Director of the company, disposed of 4,020 shares for $76.02 on Apr 05. It resulted in a $305,612 divestment by the insider. HELLMAN PETER S sold 4,020 shares at an average price of $76.02 on Apr 05. The insider now owns 27,629 shares following the transaction. On Apr 01, Director FORSYTH JOHN D sold 1,005 shares at $77.68 apiece. The transaction was valued at $78,068.

Valuation Metrics

Right now, Baxter International Inc. (BAX) has a P/E ratio of about 29.01. The stock’s beta is 0.63. Besides these, the trailing price-to-sales (P/S) ratio of 2.34, the price-to-book (PB) ratio of 3.29, and the price-to-cash flow ratio of 58.98 may also be considered.

The latest dividend of $0.29 per share was paid out, remained unchanged from last year’s $0.29. On Tuesday May 3 2022, a $0.01 dividend increase was announced.

Financial Health

In the three months ended June 29, Baxter International Inc.’s quick ratio stood at 1.30, while its current ratio was 2.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.84, and the total debt-to-equity ratio was 1.88. On the profitability front, the trailing twelve-month gross margin is 39.20% percent. In the year ended June 29, operating margins totaled 9.50%. Based on annual data, BAX earned $5.11 billion in gross profit and brought in $12.78 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.50%. Return on equity (ROE) for the past 12 months was 11.30%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Baxter International Inc. to report $0.87 quarterly earnings, the actual figure was $0.87 per share. During the quarter, the company generated $695.0 million in EBITDA. The liabilities of Baxter International Inc. were 22.93 billion at the end of its most recent quarter ended June 29, and its total debt was $17.16 billion. The value of shareholders’ equity is $503.61 million.

Technical Picture

This quick technical analysis looks at Baxter International Inc.’s (BAX) price momentum. With a historical volatility rate of 56.33%, the RSI 9-day stood at 19.45% on 04 August.

With respect to its five-day moving average, the current Baxter International Inc. price is down by -2.67% percent or -$1.59. At present, BAX shares trade -11.19% below its 20-day simple moving average and -24.65% percent below its 100-day simple moving average. However, the stock is currently trading approximately -21.07% below its SMA50 and -25.93% below its SMA200.

Stochastic coefficient K was 5.54% and Stochastic coefficient D was 7.39%, while ATR was 1.62. Given the Stochastic reading of 1.72% for the 14-day period, the RSI (14) reading has been calculated as 24.66%. As of today, the MACD Oscillator reading stands at -2.97, while the 14-day reading stands at -4.47.

Analyst Ratings

Baxter International Inc. downgraded its rating on Baxter International Inc. (NYSE: BAX) to an Equal weight in a note to investors on June 24, 2022. The analysts firm previously had an Overweight rating on the stock.


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