Baxter International Inc. (NYSE: BAX) is -8.77% lower on its value in year-to-date trading and has touched a low of $31.01 and a high of $49.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BAX stock was last observed hovering at around $35.36 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $35.27, the stock is 2.68% and 3.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.71 million and changing -0.25% at the moment leaves the stock -5.63% off its SMA200. BAX registered -27.37% loss for a year compared to 6-month loss of -8.91%.
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The stock witnessed a 2.86% gain in the last 1 month and extending the period to 3 months gives it a -12.70%, and is -0.76% down 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 1.92% over the week and 2.44% over the month.
Baxter International Inc. (BAX) has around 60000 employees, a market worth around $17.97B and $14.89B in sales. Fwd P/E is 11.16. Profit margin for the company is -1.56%. Distance from 52-week low is 13.74% and -28.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.18%).
The EPS is expected to grow by 12.10% this year.
Baxter International Inc. (BAX) Top Institutional Holders
The shares outstanding are 507.63M, and float is at 507.33M with Short Float at 1.69%.
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.
