As of Wednesday close, Baxter International Inc.’s (NYSE:BAX) stock was up $0.98, moving up 1.77 percent to $56.30. The average number of shares traded per day over the past five days has been 3,825,800 shares. 3 times new highs have been achieved over the past 5 days, with a $1.36 gain in that time frame. In the last twenty days, the average volume was 4,830,325, while in the previous 50 days, it was 3,981,194.
Since last month, BAX stock retreated -1.42%. Shares of the company fell to $49.83 on 11/04/22, 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 $49.83. Since the beginning of this year, BAX’s stock price has dropped by -34.41% or -$29.54, and marked a new high 4 times. However, the stock has declined by -37.24% since its 52-week high.
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BAX stock investors should be aware that Baxter International Inc. (BAX) stock had its last reported insider trading activity 234 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.
The stock’s beta is 0.59. Besides these, the trailing price-to-sales (P/S) ratio of 1.90, the price-to-book (PB) ratio of 5.13, and the price-to-cash flow ratio of 152.34 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.
In the three months ended September 29, Baxter International Inc.’s quick ratio stood at 1.40, while its current ratio was 2.10, 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 September 29 was 2.92, and the total debt-to-equity ratio was 2.97. On the profitability front, the trailing twelve-month gross margin is 36.40% percent. In the year ended September 29, operating margins totaled -13.20%. 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 -29.20%.
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 $0.81 quarterly earnings, the actual figure was $0.82 per share, beating the consensus estimate by 1.20%. During the quarter, the company generated $652.0 million in EBITDA. The liabilities of Baxter International Inc. were 22.39 billion at the end of its most recent quarter ended September 29, and its total debt was $16.89 billion. The value of shareholders’ equity is $504.12 million.
This quick technical analysis looks at Baxter International Inc.’s (BAX) price momentum. With a historical volatility rate of 22.45%, the RSI 9-day stood at 61.94% on 23 November.
With respect to its five-day moving average, the current Baxter International Inc. price is up by +2.48% percent or $1.36. At present, BAX shares trade -2.31% below its 20-day simple moving average and -13.90% percent below its 100-day simple moving average. However, the stock is currently trading approximately -4.75% below its SMA50 and -36.32% below its SMA200.
Stochastic coefficient K was 89.62% and Stochastic coefficient D was 87.47%, while ATR was 1.42. Given the Stochastic reading of 96.86% for the 14-day period, the RSI (14) reading has been calculated as 56.83%. As of today, the MACD Oscillator reading stands at 0.86, while the 14-day reading stands at 1.85.
Barclays launched its rating on Baxter International Inc. (NYSE: BAX) to an Overweight in a note to investors on October 18, 2022. Baxter International Inc. (BAX) has been rated Overweight by analysts. According to 1 brokerage firm, BAX is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Baxter International Inc. stock as buy, with 10 recommending it as overweight.
With a median target price of $64.00, the current consensus forecast for the stock is $53.00 – $73.00. Based on these forecasts, analysts predict Baxter International Inc. (BAX) will achieve an average price target of $64.00.