On Monday, Baxter International Inc (NYSE: BAX) opened higher 0.62% from the last session, before settling in for the closing price of $30.62. Price fluctuations for BAX have ranged from $28.33 to $44.01 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 6.96% over the past five years. Company’s average yearly earnings per share was noted -29.74% at the time writing. With a float of $505.62 million, this company’s outstanding shares have now reached $510.46 million.
Let’s look at the performance matrix of the company that is accounted 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 Updates
A key investor’s attitude towards the stock of the Medical Instruments & Supplies industry is another important factor to consider. The insider ownership of Baxter International Inc is 0.97%, while institutional ownership is 95.44%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -29.74% per share during the next fiscal year.
Baxter International Inc (NYSE: BAX) Trading Performance Indicators
Check out the current performance indicators for Baxter International Inc (BAX). In the past quarter, the stock posted a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12. Likewise, its price to free cash flow for the trailing twelve months is 28.19.
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 2.47 in one year’s time.
Technical Analysis of Baxter International Inc (BAX)
Baxter International Inc (NYSE: BAX) saw its 5-day average volume 3.59 million, a negative change from its year-to-date volume of 4.57 million. As of the previous 9 days, the stock’s Stochastic %D was 6.80%. Additionally, its Average True Range was 0.73.
During the past 100 days, Baxter International Inc’s (BAX) raw stochastic average was set at 20.36%, which indicates a significant increase from 9.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.84% in the past 14 days, which was higher than the 25.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.99, while its 200-day Moving Average is $34.67. Nevertheless, the first resistance level for the watch stands at $30.98 in the near term. At $31.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.38. If the price goes on to break the first support level at $30.58, it is likely to go to the next support level at $30.34. Assuming the price breaks the second support level, the third support level stands at $30.18.
Baxter International Inc (NYSE: BAX) Key Stats
There are currently 510,588K shares outstanding in the company with a market cap of 15.73 billion. Presently, the company’s annual sales total 14,813 M according to its annual income of 2,656 M. Last quarter, the company’s sales amounted to 2,699 M and its income totaled 140,000 K.
