Baxter International Inc (NYSE: BAX) is -10.51% lower on its value in year-to-date trading and has touched a low of $26.25 and a high of $40.49 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 $30.50 in the last trading session, with the day’s loss setting it -26.36%.
Currently trading at $4.14M, the stock is -0.21% and -0.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.68 million and changing 3677974% at the moment leaves the stock -7.24% off its SMA200. BAX registered 4.22% gain for a year compared to 6-month gain of 4.15%.
The stock witnessed a -0.62% loss in the last 1 month and extending the period to 3 months gives it a -9.82%, and is 1.33% 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 1.86% over the week and 2.37% over the month.
Baxter International Inc (BAX) has around 38000 employees, a market worth around $15.60B and $11.89B in sales. Fwd P/E is 11.16. Profit margin for the company is -4.71%. Distance from 52-week low is 15.77% and -24.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.35%).
The EPS is expected to grow by 33.04% this year.
Baxter International Inc (BAX) Top Institutional Holders
The shares outstanding are 513.08M, and float is at 508.68M with Short Float at 3.36%.
The top institutional shareholder in the company is BLACKROCK INC. with over 63.03 million shares valued at $2.11 billion. The investor’s holdings represent 12.3598% of the BAX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 59.96 million shares valued at $2.01 billion to account for 11.7569 of the shares outstanding. The other top investors are PZENA INVESTMENT MANAGEMENT LLC which holds 30.82 million shares representing 6.0437% and valued at over $1.03 billion, while DODGE & COX holds 5.3966 of the shares totaling 27.52 million with a market value of $920.64 million.
