Baxter International Inc (NYSE: BAX) kicked off on Monday, down -1.08% from the previous trading day, before settling in for the closing price of $29.50. Over the past 52 weeks, BAX has traded in a range of $28.62-$44.01.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 6.04%. While this was happening, its average annual earnings per share was recorded -29.69%. With a float of $506.57 million, this company’s outstanding shares have now reached $510.46 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
Our next focus will be how large-scale investors are participating in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Baxter International Inc is 0.79%, while institutional ownership is 93.73%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -29.69% per share during the next fiscal year.
Baxter International Inc (NYSE: BAX) Trading Performance Indicators
Take a look at Baxter International Inc’s (BAX) current performance indicators. Last quarter, 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 1.07. Likewise, its price to free cash flow for the trailing twelve months is 26.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.23, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.48 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 6.96 million, which is a jump from its year-to-date volume of 4.18 million. As of the previous 9 days, the stock’s Stochastic %D was 17.97%. Additionally, its Average True Range was 0.82.
During the past 100 days, Baxter International Inc’s (BAX) raw stochastic average was set at 4.76%, which indicates a significant decrease from 12.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.00% in the past 14 days, which was lower than the 28.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.61, while its 200-day Moving Average is $36.37. However, in the short run, Baxter International Inc’s stock first resistance to watch stands at $29.56. Second resistance stands at $29.95. The third major resistance level sits at $30.35. If the price goes on to break the first support level at $28.77, it is likely to go to the next support level at $28.37. Should the price break the second support level, the third support level stands at $27.98.
Baxter International Inc (NYSE: BAX) Key Stats
The company with the Market Capitalisation of 14.90 billion has total of 510,588K Shares Outstanding. Its annual sales at the moment are 14,813 M in contrast with the sum of 2,656 M annual income. Company’s last quarter sales were recorded 2,699 M and last quarter income was 140,000 K.
