A new trading day began on Monday, with Baxter International Inc (NYSE: BAX) stock price up 3.32% from the previous day of trading, before settling in for the closing price of $31.96. BAX’s price has ranged from $31.60 to $44.01 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 6.04%. Meanwhile, its annual earnings per share averaged -18.82%. With a float of $506.52 million, this company’s outstanding shares have now reached $507.63 million.
Let’s determine the extent of company efficiency that accounts for 60000 employees. In terms of profitability, gross margin is 37.78%, operating margin of 4.46%, and the pretax margin is 1.19%.
Baxter International Inc (BAX) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Baxter International Inc is 0.80%, while institutional ownership is 93.70%. The most recent insider transaction that took place on Sep 16 ’24, was worth 39,046. Before that another transaction happened on Sep 13 ’24, when Company’s Officer proposed sale 16,063 for $39.81, making the entire transaction worth $639,465.
Baxter International Inc (BAX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -18.82% per share during the next fiscal year.
Baxter International Inc (NYSE: BAX) Trading Performance Indicators
Here are Baxter International Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22. Likewise, its price to free cash flow for the trailing twelve months is 30.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.23, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.63 in one year’s time.
Technical Analysis of Baxter International Inc (BAX)
Looking closely at Baxter International Inc (NYSE: BAX), its last 5-days average volume was 5.8 million, which is a jump from its year-to-date volume of 4.09 million. As of the previous 9 days, the stock’s Stochastic %D was 11.94%. Additionally, its Average True Range was 0.94.
During the past 100 days, Baxter International Inc’s (BAX) raw stochastic average was set at 15.97%, which indicates a significant decrease from 27.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.90% in the past 14 days, which was lower than the 30.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.73, while its 200-day Moving Average is $37.52. However, in the short run, Baxter International Inc’s stock first resistance to watch stands at $33.58. Second resistance stands at $34.13. The third major resistance level sits at $35.05. If the price goes on to break the first support level at $32.11, it is likely to go to the next support level at $31.19. Should the price break the second support level, the third support level stands at $30.64.
Baxter International Inc (NYSE: BAX) Key Stats
With a market capitalization of 17.00 billion, the company has a total of 510,588K Shares Outstanding. Currently, annual sales are 14,813 M while annual income is 2,656 M. The company’s previous quarter sales were 2,699 M while its latest quarter income was 140,000 K.
