Baxter International Stock Forecast, Price & News

Baxter International's stock was trading at $77.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BAX shares have increased by 2.7% and is now trading at $80.04.
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17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Baxter International in the last twelve months. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Baxter International stock.
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Baxter International is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
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Baxter International will be holding an earnings conference call on Thursday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Baxter International Inc. (NYSE:BAX) issued its earnings results on Thursday, October, 29th. The medical instruments supplier reported $0.83 EPS for the quarter, topping the Zacks' consensus estimate of $0.73 by $0.10. The medical instruments supplier earned $2.97 billion during the quarter, compared to analyst estimates of $2.84 billion. Baxter International had a return on equity of 20.81% and a net margin of 7.90%. The company's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the business posted $0.74 EPS.
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Baxter International announced a quarterly dividend on Monday, November 16th. Investors of record on Friday, December 4th will be given a dividend of $0.245 per share on Monday, January 4th. This represents a $0.98 annualized dividend and a yield of 1.22%. The ex-dividend date is Thursday, December 3rd.
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Baxter International pays an annual dividend of $0.98 per share and currently has a dividend yield of 1.22%. Baxter International has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Baxter International is 29.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Baxter International will have a dividend payout ratio of 28.49% next year. This indicates that Baxter International will be able to sustain or increase its dividend.
View Baxter International's dividend history.

Baxter International updated its FY 2020 IntraDay earnings guidance on Monday, January, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $11.673-11.673 billion, compared to the consensus revenue estimate of $11.54 billion.

17 equities research analysts have issued twelve-month price objectives for Baxter International's shares. Their forecasts range from $84.00 to $105.00. On average, they expect Baxter International's stock price to reach $94.00 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price.
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Baxter International saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 6,670,000 shares, an increase of 29.0% from the December 15th total of 5,170,000 shares. Based on an average trading volume of 3,170,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.3% of the shares of the company are sold short.
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Some companies that are related to Baxter International include Abbott Laboratories (ABT), Medtronic (MDT), Intuitive Surgical (ISRG), Stryker (SYK), Becton, Dickinson and (BDX), Edwards Lifesciences (EW), Boston Scientific (BSX), IDEXX Laboratories (IDXX), DexCom (DXCM), ResMed (RMD), Hologic (HOLX), Insulet (PODD), Teleflex (TFX), Varian Medical Systems (VAR) and STERIS (STE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Baxter International investors own include CA (CA), Johnson & Johnson (JNJ), Pfizer (PFE), Cisco Systems (CSCO), Honeywell International (HON), Intel (INTC), Abbott Laboratories (ABT), The Procter & Gamble (PG), AT&T (T) and Verizon Communications (VZ).

Baxter International trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAX."

Baxter International's stock is owned by many different retail and institutional investors. Top institutional investors include Huntington National Bank (0.11%), Jacobs & Co. CA (0.01%), Trust Co. of Toledo NA OH (0.01%), City Holding Co. (0.00%), Dalton Greiner Hartman Maher & Co. (0.00%) and Raymond James Trust N.A. (0.00%). Company insiders that own Baxter International stock include Albert P L Stroucken, Andrew Frye, Giuseppe Accogli, Jacqueline Kunzler, James R Gavin III, Jeanne K Mason, John D Forsyth, Peter S Hellman, Scott Pleau, Sean Martin, Third Point Llc and Thomas T Stallkamp.
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BAX stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., NuWave Investment Management LLC, Huntington National Bank, City Holding Co., M&R Capital Management Inc., and Livingston Group Asset Management CO operating as Southport Capital Management. Company insiders that have sold Baxter International company stock in the last year include Albert P L Stroucken, Andrew Frye, Giuseppe Accogli, James R Gavin III, Jeanne K Mason, and John D Forsyth.
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BAX stock was acquired by a variety of institutional investors in the last quarter, including Jacobs & Co. CA, Park National Corp OH, Raymond James Trust N.A., BTR Capital Management Inc., Stillwater Investment Management LLC, and Trust Co. of Toledo NA OH.
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Shares of BAX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BAX stock can currently be purchased for approximately $80.04.

Baxter International has a market capitalization of $40.89 billion and generates $11.36 billion in revenue each year. The medical instruments supplier earns $1.00 billion in net income (profit) each year or $3.31 on an earnings per share basis. Baxter International employs 50,000 workers across the globe.

The official website for Baxter International is www.baxter.com.

Baxter International's mailing address is One Baxter Parkway DF2-1W, Deerfield IL, 60015. The medical instruments supplier can be reached via phone at 224-948-2000 or via email at [email protected]