Baxter International Inc [BAX] stock prices are up 3.42% to $29.60 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BAX shares have gain 6.47% over the last week, with a monthly amount drifted -11.90%, 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.
The stock price of Baxter International Inc [BAX] has been fluctuating between $26.25 and $41.18 over the past year. Currently, Wall Street analysts expect the stock to reach $42 within the next 12 months. Baxter International Inc [NYSE: BAX] shares were valued at $29.60 at the most recent close of the market. An investor can expect a potential return of 41.89% based on the average BAX price forecast.
Analyzing the BAX fundamentals
The Baxter International Inc [NYSE:BAX] reported sales of 12.86B for trailing twelve months, representing a drop of -29.14%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.93.
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 29.08 points at the first support level, and at 28.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.21, and for the 2nd resistance point, it is at 30.82.
Ratios To Look Out For
It’s worth pointing out that Baxter International Inc [NYSE:BAX]’s Current Ratio is 1.36. In addition, the Quick Ratio stands at 1.05 and the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 1.14, the price to book ratio is 2.17.
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.
