Baxter International Inc (NYSE: BAX) on Monday, plunged -4.26% from the previous trading day, before settling in for the closing price of $31.01. Within the past 52 weeks, BAX’s price has moved between $26.25 and $40.49.
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The company achieved an average annual earnings per share of 33.04%. With a float of $508.69 million, this company’s outstanding shares have now reached $513.08 million.
Let’s look at the performance matrix of the company that is accounted for 38000 employees. In terms of profitability, gross margin is 36.06%, operating margin of -0.4%, and the pretax margin is -3.14%.
Baxter International Inc (BAX) Insider and Institutional Ownership
Observing investor behavior towards Medical Instruments & Supplies industry stocks is more important than anything else. The insider ownership of Baxter International Inc is 0.87%, while institutional ownership is 96.82%. 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
According to the Wall Street analysts, stocks earnings will be around 33.04% per share during the next fiscal year.
Baxter International Inc (NYSE: BAX) Trading Performance Indicators
Baxter International Inc (BAX) is currently performing well based on its current performance indicators. A quick ratio of 1.40 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28. Likewise, its price to free cash flow for the trailing twelve months is 56.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.10, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 2.72 in one year’s time.
Technical Analysis of Baxter International Inc (BAX)
Baxter International Inc (NYSE: BAX) saw its 5-day average volume 3.24 million, a negative change from its year-to-date volume of 4.44 million. As of the previous 9 days, the stock’s Stochastic %D was 48.14%.
During the past 100 days, Baxter International Inc’s (BAX) raw stochastic average was set at 29.94%, which indicates a significant increase from 15.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.50% in the past 14 days, which was lower than the 40.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.64, while its 200-day Moving Average is $32.54. Nevertheless, the first resistance level for the watch stands at $30.60 in the near term. At $31.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.03. If the price goes on to break the first support level at $29.17, it is likely to go to the next support level at $28.66. The third support level lies at $27.74 if the price breaches the second support level.
Baxter International Inc (NYSE: BAX) Key Stats
Market capitalization of the company is 15.24 billion based on 513,175K outstanding shares. Right now, sales total 10,636 M and income totals -649,000 K. The company made 2,625 M in profit during its latest quarter, and 126,000 K in sales during its previous quarter.
