A share price of Baxter International Inc [BAX] is currently trading at $34.23, up 1.42%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BAX shares have gain 1.88% over the last week, with a monthly amount drifted -0.81%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Argus upgraded its rating to Buy on February 24, 2025. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $30 on July 15, 2024. Goldman initiated its recommendation with a Neutral and recommended $36 as its price target on May 30, 2024. TD Cowen downgraded its rating to Hold for this stock on May 10, 2024, but kept the price target unchanged to $40.
Baxter International Inc experienced fluctuations in its stock price throughout the past year between $28.33 and $43.99. Currently, Wall Street analysts expect the stock to reach $43.5 within the next 12 months. Baxter International Inc [NYSE: BAX] shares were valued at $34.23 at the most recent close of the market. An investor can expect a potential return of 27.08% based on the average BAX price forecast.
Analyzing the BAX fundamentals
Trailing Twelve Months sales for Baxter International Inc [NYSE:BAX] were 12.86B which represents -29.14% decline. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.08 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.93.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 33.74 points at the first support level, and at 33.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.62, and for the 2nd resistance point, it is at 35.01.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Baxter International Inc [NYSE:BAX] is 1.36. Also, the Quick Ratio is 1.05, while the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 1.37, the price to book ratio is 2.51.
Transactions by insiders
Recent insider trading involved Stevens Brian, Officer, that happened on Sep 16 ’24 when 976.0 shares were purchased. Officer, Stevens Brian completed a deal on Sep 13 ’24 to buy 16063.0 shares.
