Baxter International Inc. (NYSE: BAX) is 6.10% higher on its value in year-to-date trading and has touched a low of $31.01 and a high of $50.21 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BAX stock was last observed hovering at around $40.40 in the last trading session, with the day’s gains setting it 0.62%.
Currently trading at $41.02, the stock is -1.39% and -1.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.65 million and changing 1.53% at the moment leaves the stock 3.58% off its SMA200. BAX registered -9.43% loss for a year compared to 6-month gain of 25.48%.
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The stock witnessed a -2.19% loss in the last 1 month and extending the period to 3 months gives it a 6.77%, and is 3.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.89% over the week and 2.03% over the month.
Baxter International Inc. (BAX) has around 60000 employees, a market worth around $20.84B and $14.95B in sales. Fwd P/E is 12.78. Profit margin for the company is -1.51%. Distance from 52-week low is 32.28% and -18.30% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.13%).
The EPS is expected to grow by 11.56% this year.
Baxter International Inc. (BAX) Top Institutional Holders
The shares outstanding are 507.63M, and float is at 504.47M with Short Float at 1.51%.
Baxter International Inc. (BAX) Insider Activity
The most recent transaction is an insider sale by Mason Jeanne K,the company’sEVP, Chief HR Officer. SEC filings show that Mason Jeanne K sold 64,488 shares of the company’s common stock on Mar 01 ’24 at a price of $40.61 per share for a total of $2.62 million. Following the sale, the insider now owns 0.14 million shares.
