On Monday, Baxter International Inc (NYSE: BAX) was 1.42% up from the session before settling in for the closing price of $33.75. A 52-week range for BAX has been $28.33 – $43.99.
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Annual sales at Healthcare sector company slipped by -0.04% over the past five years. When this article was written, the company’s average yearly earnings per share was at 31.79%. With a float of $508.69 million, this company’s outstanding shares have now reached $510.93 million.
Let’s look at the performance matrix of the company that is accounted for 38000 employees. In terms of profitability, gross margin is 37.11%, operating margin of -1.09%, and the pretax margin is -4.61%.
Baxter International Inc (BAX) Insider and Institutional Ownership
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 0.82%, while institutional ownership is 96.06%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 31.79% 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 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.37. Likewise, its price to free cash flow for the trailing twelve months is 30.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.27, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.73 in one year’s time.
Technical Analysis of Baxter International Inc (BAX)
Baxter International Inc (NYSE: BAX) saw its 5-day average volume 3.06 million, a negative change from its year-to-date volume of 4.78 million. As of the previous 9 days, the stock’s Stochastic %D was 55.62%. Additionally, its Average True Range was 0.83.
During the past 100 days, Baxter International Inc’s (BAX) raw stochastic average was set at 62.68%, which indicates a significant increase from 48.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.22% in the past 14 days, which was lower than the 28.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.25, while its 200-day Moving Average is $34.37. Nevertheless, the first resistance level for the watch stands at $34.62 in the near term. At $35.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $35.50. If the price goes on to break the first support level at $33.74, it is likely to go to the next support level at $33.24. The third support level lies at $32.85 if the price breaches the second support level.
Baxter International Inc (NYSE: BAX) Key Stats
There are 512,924K outstanding shares of the company, which has a market capitalization of 17.56 billion. As of now, sales total 10,636 M while income totals -649,000 K. Its latest quarter income was 533,000 K while its last quarter net income were -512,000 K.
