Baxter International Inc (BAX) stock forecast: Can it reach its 52-week high of $40.49

A share price of Baxter International Inc [BAX] is currently trading at $31.72, up 2.82%. 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 5.42% over the last week, with a monthly amount glided 2.65%, and 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 $26.25 and $40.49. Currently, Wall Street analysts expect the stock to reach $42 within the next 12 months. Baxter International Inc [NYSE: BAX] shares were valued at $31.72 at the most recent close of the market. An investor can expect a potential return of 32.41% based on the average BAX price forecast.

Analyzing the BAX fundamentals

Trailing Twelve Months sales for Baxter International Inc [NYSE:BAX] were 11.89B which represents -26.92% decline. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.06%, 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 -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.46.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Baxter International Inc [NYSE:BAX] is 2.02. Also, the Quick Ratio is 1.40, while the Cash Ratio stands at 0.66. Considering the valuation of this stock, the price to sales ratio is 1.37, the price to book ratio is 2.30.

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.

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