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In the latest session, Baxter International Inc. (NYSE: BAX) closed at $33.35 up 1.52% from its previous closing price of $32.85. In other words, the price has increased by $1.52 from its previous closing price. On the day, 1.99 million shares were traded. BAX stock price reached its highest trading level at $33.205 during the session, while it also had its lowest trading level at $32.73.
Ratios:
For a deeper understanding of Baxter International Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.80. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 1.73 whereas as Long-Term Debt/Eq ratio is at 1.41.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on May 30, 2024, initiated with a Neutral rating and assigned the stock a target price of $36.
On May 10, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $40.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when Mason Jeanne K sold 64,488 shares for $40.61 per share. The transaction valued at 2,618,858 led to the insider holds 142,290 shares of the business.
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 16897673216 and an Enterprise Value of 28103680000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 2.08. Its current Enterprise Value per Revenue stands at 1.887 whereas that against EBITDA is 9.785.
Stock Price History:
Over the past 52 weeks, BAX has reached a high of $50.21, while it has fallen to a 52-week low of $31.01. The 50-Day Moving Average of the stock is -5.53%, while the 200-Day Moving Average is calculated to be -11.25%.
Shares Statistics:
For the past three months, BAX has traded an average of 4.22M shares per day and 4299600 over the past ten days. A total of 507.63M shares are outstanding, with a floating share count of 507.34M. Insiders hold about 0.44% of the company’s shares, while institutions hold 91.13% stake in the company. Shares short for BAX as of 1718323200 were 7375557 with a Short Ratio of 1.75, compared to 1715731200 on 7969203. Therefore, it implies a Short% of Shares Outstanding of 7375557 and a Short% of Float of 1.9.
Dividends & Splits
According to the company, the forward annual dividend rate for BAX is 1.16, from 1.16 in the trailing year. Against a Trailing Annual Dividend Yield of 0.035312027The stock’s 5-year Average Dividend Yield is 1.8.
