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NYSE:BAX

Baxter International (BAX) Stock Price, News & Analysis

$35.51
+0.42 (+1.20%)
(As of 07/26/2024 ET)
Today's Range
$35.10
$35.86
50-Day Range
$32.85
$35.71
52-Week Range
$31.01
$47.73
Volume
3.47 million shs
Average Volume
4.15 million shs
Market Capitalization
$18.10 billion
P/E Ratio
6.83
Dividend Yield
3.27%
Price Target
$42.67

Baxter International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
20.2% Upside
$42.67 Price Target
Short Interest
Healthy
1.74% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.95
Upright™ Environmental Score
News Sentiment
0.56mentions of Baxter International in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.28%
From $2.91 to $3.18 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.76 out of 5 stars

Medical Sector

50th out of 936 stocks

Surgical & Medical Instruments Industry

10th out of 101 stocks

BAX stock logo

About Baxter International Stock (NYSE:BAX)

Baxter International Inc., through its subsidiaries, develops and provides a portfolio of healthcare products worldwide. The company operates through four segments: Medical Products and Therapies, Healthcare Systems and Technologies, Pharmaceuticals, and Kidney Care. The company offers sterile intravenous (IV) solutions; infusion systems and devices; parenteral nutrition therapies; generic injectable pharmaceuticals; surgical hemostat and sealant products, advanced surgical equipment; smart bed systems; patient monitoring and diagnostic technologies; and respiratory health devices, as well as advanced equipment for the surgical space, including surgical video technologies, precision positioning devices, and other accessories. It also provides administrative sets; adhesion prevention products; inhaled anesthesia; drug compounding; chronic and acute dialysis therapies and services, including peritoneal dialysis (PD), hemodialysis (HD), continuous renal replacement therapies (CRRT), and other organ support therapies. The company's products are used in hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, ambulatory surgery centers, doctors' offices, and patients at home under physician supervision. The company sells its products through direct sales force, as well as through independent distributors, drug wholesalers, and specialty pharmacy or other alternate site providers in approximately 100 countries. It has an agreement with Celerity Pharmaceutical, LLC to develop acute care generic injectable premix and oncolytic products; and a collaborative research agreement with Miromatrix Medical Inc. aiming to advance care for patients with acute liver failure. Baxter International Inc. was incorporated in 1931 and is headquartered in Deerfield, Illinois.

BAX Stock Price History

BAX Stock News Headlines

StockNews.com Downgrades Baxter International (NYSE:BAX) to Hold
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Baxter International Inc. (BTL.F)
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 7/1 Dividend
5/31/2024
Dividend Payable
7/01/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
CUSIP
07181310
Employees
60,000
Year Founded
1931

Price Target and Rating

Average Stock Price Target
$42.67
High Stock Price Target
$54.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+19.7%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
12 Analysts

Profitability

Net Income
$2.66 billion
Pretax Margin
-0.01%

Debt

Sales & Book Value

Annual Sales
$14.81 billion
Cash Flow
$5.26 per share
Book Value
$16.69 per share

Miscellaneous

Free Float
508,510,000
Market Cap
$18.16 billion
Optionable
Optionable
Beta
0.57

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Key Executives

  • Mr. Jose E. Almeida (Age 62)
    Chairman of the Board, President & CEO
    Comp: $3.62M
  • Mr. Joel T. Grade (Age 53)
    Executive VP & CFO
    Comp: $829.82k
  • Ms. Heather Knight (Age 52)
    Executive VP & Group President of Medical Products and Therapies
    Comp: $1.63M
  • Mr. Alok Sonig B.E. (Age 52)
    Mba, Executive VP & Group President of Pharmaceuticals
    Comp: $1.56M
  • Mr. Christopher A. Toth (Age 44)
    Executive VP & Group President of Kidney Care
    Comp: $5.26M
  • Ms. Tobi Karchmer M.D.
    M.S., Senior VP and Chief Medical & Scientific Officer
  • Ms. Clare Trachtman
    Vice President of Investor Relations
  • Mr. David S. Rosenbloom (Age 64)
    Executive VP & General Counsel
    Comp: $776.51k
  • Ms. Stacey Eisen
    ?Senior Vice President, Chief Communications Officer & Corporate Marketing?
  • Ms. Jeanne K. Mason Ph.D.Ms. Jeanne K. Mason Ph.D. (Age 68)
    ?Executive VP & Chief Human Resources Officer
    Comp: $1.99M

Should I Buy Baxter International Stock? BAX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Baxter International Inc.:

  • Baxter International Inc. has shown consistent growth in revenue and earnings, indicating a strong financial performance.
  • Recent institutional investor activity, with notable increases in stake by major players, suggests confidence in the company's future prospects.
  • The current stock price of Baxter International Inc. is trading at a relatively low level, potentially presenting a buying opportunity for investors.
  • Baxter International Inc. has a diversified product portfolio in the medical instruments sector, reducing dependency on any single product or market.
  • The company's historical track record of innovation and product development positions it well for future growth and competitiveness in the healthcare industry.

Cons

Investors should be bearish about investing in Baxter International Inc. for these reasons:

  • Despite recent positive developments, Baxter International Inc. faces potential market volatility and regulatory challenges in the healthcare sector.
  • The company's debt-to-equity ratio of 1.35 may raise concerns about its financial leverage and ability to manage debt obligations.
  • Analyst reports indicating a consensus rating of "Hold" may suggest limited upside potential in the short term for Baxter International Inc. stock.
  • Market competition and evolving industry trends could impact Baxter International Inc.'s market share and profitability in the future.
  • Fluctuations in global economic conditions and healthcare policies may affect Baxter International Inc.'s revenue and earnings growth trajectory.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Baxter International pros and cons to contact@marketbeat.com.

BAX Stock Analysis - Frequently Asked Questions

How have BAX shares performed this year?

Baxter International's stock was trading at $38.66 at the start of the year. Since then, BAX shares have decreased by 8.1% and is now trading at $35.51.
View the best growth stocks for 2024 here
.

How were Baxter International's earnings last quarter?

Baxter International Inc. (NYSE:BAX) posted its quarterly earnings results on Thursday, May, 2nd. The medical instruments supplier reported $0.65 EPS for the quarter, beating the consensus estimate of $0.61 by $0.04. The company's revenue for the quarter was down 1.6% compared to the same quarter last year.
Read the conference call transcript
.

What is José (Joe) Almeida's approval rating as Baxter International's CEO?

506 employees have rated Baxter International Chief Executive Officer José (Joe) Almeida on Glassdoor.com. José (Joe) Almeida has an approval rating of 85% among the company's employees.

Does Baxter International have any subsidiaries?

The following companies are subsidiaries of Baxter International: Cheetah Medical, ApaTech Limited, Baxter AO, Baxter Belgium SPRL, Baxter (China) Investment Co. Ltd, Baxter Company Ltd, Baxter Corporation (Canada), and more.

Who are Baxter International's major shareholders?

Baxter International's top institutional shareholders include Bank of New York Mellon Corp (1.33%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), New York State Teachers Retirement System (0.08%) and SG Americas Securities LLC (0.03%). Insiders that own company stock include Jeanne K Mason, Albert P L Stroucken, Jacqueline Kunzler and Brian Stevens.
View institutional ownership trends
.

How do I buy shares of Baxter International?

Shares of BAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Baxter International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Baxter International investors own include Xtrackers California Municipal Bond ETF (CA), Johnson & Johnson (JNJ), Pfizer (PFE), Cisco Systems (CSCO), Intel (INTC) and Abbott Laboratories (ABT).

This page (NYSE:BAX) was last updated on 7/26/2024 by MarketBeat.com Staff

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