November 20, 2023, Baxter International Inc. (NYSE: BAX) trading session started at the price of $35.50, that was 0.45% jump from the session before. During the day, the shares moved up to $35.87 and dropped to $35.21 before settling in for the closing price of $35.46. A 52-week range for BAX has been $31.01 – $56.92.
Healthcare Sector giant saw their annual sales surged by 7.59% over the last five years. When this article was written, the company’s average yearly earnings per share was at -26.14%. With a float of $503.54 million, this company’s outstanding shares have now reached $504.43 million.
The firm has a total of 60000 workers. Let’s measure their productivity. In terms of profitability, gross margin is +34.61, operating margin of +8.63, and the pretax margin is -15.57.
Baxter International Inc. (BAX) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Baxter International Inc. stocks. The insider ownership of Baxter International Inc. is 0.75%, while institutional ownership is 89.28%. The most recent insider transaction that took place on Mar 20, was worth 147,454. In this transaction Director of this company sold 3,930 shares at a rate of $37.52, taking the stock ownership to the 36,835 shares. Before that another transaction happened on Feb 21, when Company’s SVP, Chief Quality Officer sold 3,813 for $40.50, making the entire transaction worth $154,426. This insider now owns 16,725 shares in total.
Baxter International Inc. (BAX) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted $0.68 earnings per share (EPS) during the time that was better than consensus figure (set at $0.67) by $0.01. This company achieved a net margin of -16.10 while generating a return on equity of -32.64. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -26.14% per share during the next fiscal year.
Baxter International Inc. (NYSE: BAX) Trading Performance Indicators
You can see what Baxter International Inc. (BAX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 19.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.59, a number that is poised to hit 0.86 in the next quarter and is forecasted to reach 3.04 in one year’s time.
Technical Analysis of Baxter International Inc. (BAX)
Analysing the last 5-days average volume posted by the [Baxter International Inc., BAX], we can find that recorded value of 4.73 million was lower than the volume posted last year of 5.56 million. As of the previous 9 days, the stock’s Stochastic %D was 93.57%. Additionally, its Average True Range was 0.88.
During the past 100 days, Baxter International Inc.’s (BAX) raw stochastic average was set at 24.01%, which indicates a significant decrease from 93.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.66% in the past 14 days, which was lower than the 32.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.14, while its 200-day Moving Average is $40.84. Now, the first resistance to watch is $35.92. This is followed by the second major resistance level at $36.23. The third major resistance level sits at $36.58. If the price goes on to break the first support level at $35.26, it is likely to go to the next support level at $34.91. Now, if the price goes above the second support level, the third support stands at $34.60.
Baxter International Inc. (NYSE: BAX) Key Stats
There are 507,324K outstanding shares of the company, which has a market capitalization of 18.07 billion. As of now, sales total 15,113 M while income totals -2,433 M. Its latest quarter income was 3,708 M while its last quarter net income were 2,508 M.