Gaining Ground: Baxter International Inc (BAX) Closes Higher at 22.86, Up 0.22

Nora Barnes

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

The price of Baxter International Inc (NYSE: BAX) closed at $22.86 in the last session, up 0.22% from day before closing price of $22.81. In other words, the price has increased by $0.22 from its previous closing price. On the day, 4.81 million shares were traded. BAX stock price reached its highest trading level at $23.16 during the session, while it also had its lowest trading level at $22.745.

Ratios:

We take a closer look at BAX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 2.30. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 1.33.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BAX now has a Market Capitalization of 11741377536 and an Enterprise Value of 19753377792. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 1.814 whereas that against EBITDA is 9.688.

Stock Price History:

The Beta on a monthly basis for BAX is 0.58, which has changed by -0.40375584 over the last 52 weeks, in comparison to a change of 0.16333759 over the same period for the S&P500. Over the past 52 weeks, BAX has reached a high of $39.57, while it has fallen to a 52-week low of $21.33. The 50-Day Moving Average of the stock is -7.92%, while the 200-Day Moving Average is calculated to be -22.86%.

Shares Statistics:

According to the various share statistics, BAX traded on average about 7.09M shares per day over the past 3-months and 5925990 shares per day over the past 10 days. A total of 513.50M shares are outstanding, with a floating share count of 509.58M. Insiders hold about 0.79% of the company’s shares, while institutions hold 100.75% stake in the company. Shares short for BAX as of 1756425600 were 23231907 with a Short Ratio of 3.28, compared to 1753920000 on 19121045. Therefore, it implies a Short% of Shares Outstanding of 23231907 and a Short% of Float of 6.81.

Dividends & Splits

The forward annual dividend rate for BAX is 0.68, which was 0.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.035072338. The stock’s 5-year Average Dividend Yield is 2.27.

Earnings Estimates

A comprehensive evaluation of Baxter International Inc (BAX) is underway, with the input of 12.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.7, with high estimates of $0.74 and low estimates of $0.68.

Analysts are recommending an EPS of between $2.49 and $2.42 for the fiscal current year, implying an average EPS of $2.44. EPS for the following year is $2.6, with 15.0 analysts recommending between $2.71 and $2.5.

Revenue Estimates

According to 11 analysts, the current quarter’s revenue is expected to be $2.88B. It ranges from a high estimate of $2.89B to a low estimate of $2.87B. As of the current estimate, Baxter International Inc’s year-ago sales were $2.7BFor the next quarter, 11 analysts are estimating revenue of $3B. There is a high estimate of $3.04B for the next quarter, whereas the lowest estimate is $2.98B.

A total of 14 analysts have provided revenue estimates for BAX’s current fiscal year. The highest revenue estimate was $11.35B, while the lowest revenue estimate was $11.25B, resulting in an average revenue estimate of $11.31B. In the same quarter a year ago, actual revenue was $10.64BBased on 14 analysts’ estimates, the company’s revenue will be $11.73B in the next fiscal year. The high estimate is $11.83B and the low estimate is $11.55B.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.