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Baxter International (BAX) Stock Price, News & Analysis

$38.96
+0.14 (+0.36%)
(As of 09/6/2024 ET)
Today's Range
$38.41
$39.48
50-Day Range
$32.85
$38.97
52-Week Range
$31.01
$44.01
Volume
6.15 million shs
Average Volume
4.22 million shs
Market Capitalization
$19.85 billion
P/E Ratio
7.49
Dividend Yield
2.98%
Price Target
$41.73

Baxter International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
7.1% Upside
$41.73 Price Target
Short Interest
Healthy
1.72% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.95
Upright™ Environmental Score
News Sentiment
0.72mentions of Baxter International in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.11%
From $2.96 to $3.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.58 out of 5 stars

Medical Sector

78th out of 910 stocks

Surgical & Medical Instruments Industry

9th out of 95 stocks

BAX stock logo

About Baxter International Stock (NYSE:BAX)

Baxter International Inc., through its subsidiaries, develops and provides a portfolio of healthcare products worldwide. The company operates through four segments: Medical Products and Therapies, Healthcare Systems and Technologies, Pharmaceuticals, and Kidney Care. The company offers sterile intravenous (IV) solutions; infusion systems and devices; parenteral nutrition therapies; generic injectable pharmaceuticals; surgical hemostat and sealant products, advanced surgical equipment; smart bed systems; patient monitoring and diagnostic technologies; and respiratory health devices, as well as advanced equipment for the surgical space, including surgical video technologies, precision positioning devices, and other accessories. It also provides administrative sets; adhesion prevention products; inhaled anesthesia; drug compounding; chronic and acute dialysis therapies and services, including peritoneal dialysis (PD), hemodialysis (HD), continuous renal replacement therapies (CRRT), and other organ support therapies. The company's products are used in hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, ambulatory surgery centers, doctors' offices, and patients at home under physician supervision. The company sells its products through direct sales force, as well as through independent distributors, drug wholesalers, and specialty pharmacy or other alternate site providers in approximately 100 countries. It has an agreement with Celerity Pharmaceutical, LLC to develop acute care generic injectable premix and oncolytic products; and a collaborative research agreement with Miromatrix Medical Inc. aiming to advance care for patients with acute liver failure. Baxter International Inc. was incorporated in 1931 and is headquartered in Deerfield, Illinois.

BAX Stock Price History

BAX Stock News Headlines

Baxter International (BAX) Receives a Hold from Citi
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Spectral Medical Provides August Tigris Trial Update
Baxter: Fire-Sale For Its Kidney Care
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
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Baxter International Inc (BTL.HM)
Baxter Agrees To Sell Its Kidney Care Segment To Carlyle For $3.8 Bln
See More Headlines
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Company Calendar

Ex-Dividend for 7/1 Dividend
5/31/2024
Dividend Payable
7/01/2024
Last Earnings
8/06/2024
Ex-Dividend for 10/1 Dividend
8/30/2024
Today
9/07/2024
Dividend Payable
10/01/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
CUSIP
07181310
Employees
60,000
Year Founded
1931

Price Target and Rating

Average Stock Price Target
$41.73
High Stock Price Target
$54.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+7.1%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Net Income
$2.66 billion
Pretax Margin
-0.50%

Debt

Sales & Book Value

Annual Sales
$15.00 billion
Cash Flow
$5.38 per share
Book Value
$15.11 per share

Miscellaneous

Free Float
508,510,000
Market Cap
$19.85 billion
Optionable
Optionable
Beta
0.59

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Key Executives

  • Mr. Jose E. Almeida (Age 62)
    Chairman of the Board, President & CEO
    Comp: $3.62M
  • Mr. Joel T. Grade (Age 53)
    Executive VP & CFO
    Comp: $829.82k
  • Ms. Heather Knight (Age 52)
    Executive VP & Group President of Medical Products and Therapies
    Comp: $1.63M
  • Mr. Alok Sonig B.E. (Age 52)
    Mba, Executive VP & Group President of Pharmaceuticals
    Comp: $1.56M
  • Mr. Christopher A. Toth (Age 44)
    Executive VP & Group President of Kidney Care
    Comp: $5.26M
  • Ms. Tobi Karchmer M.D.
    M.S., Senior VP and Chief Medical & Scientific Officer
  • Ms. Clare Trachtman
    Vice President of Investor Relations
  • Mr. David S. Rosenbloom (Age 64)
    Executive VP & General Counsel
    Comp: $776.51k
  • Ms. Stacey Eisen
    ?Senior Vice President, Chief Communications Officer & Corporate Marketing?
  • Ms. Jeanne K. Mason Ph.D.Ms. Jeanne K. Mason Ph.D. (Age 68)
    ?Executive VP & Chief Human Resources Officer
    Comp: $1.99M

Should I Buy Baxter International Stock? BAX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Baxter International Inc.:

  • Baxter International Inc. develops and provides a portfolio of healthcare products worldwide, which is a growing industry with increasing demand for healthcare services.
  • The company operates through multiple segments, including Medical Products and Therapies, Healthcare Systems and Technologies, Pharmaceuticals, and Kidney Care, providing diversification in revenue streams.
  • Recent developments in the healthcare industry have shown a trend towards innovation and technological advancements, which Baxter International Inc. is well-positioned to capitalize on.
  • Baxter International Inc. has a strong track record of product development and innovation, which can lead to competitive advantages in the market.
  • With the current stock price of Baxter International Inc., investors have the opportunity to invest in a company with growth potential at a reasonable valuation.

Cons

Investors should be bearish about investing in Baxter International Inc. for these reasons:

  • While the healthcare industry is growing, it is also highly regulated and subject to changes in government policies, which can impact the company's operations and profitability.
  • Competition in the healthcare sector is intense, with many established players and new entrants vying for market share, which could potentially affect Baxter International Inc.'s market position.
  • Investing in healthcare companies can be risky due to factors such as regulatory approvals, product recalls, and litigation risks, which could negatively impact the company's financial performance.
  • Fluctuations in healthcare spending and reimbursement rates can affect Baxter International Inc.'s revenue and profitability, making it susceptible to economic downturns and changes in healthcare policies.
  • While Baxter International Inc. has a strong track record, past performance is not indicative of future results, and investors should carefully consider the risks associated with investing in the company.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 19, 2024. Please send any questions or comments about these Baxter International pros and cons to contact@marketbeat.com.

BAX Stock Analysis - Frequently Asked Questions

How have BAX shares performed this year?

Baxter International's stock was trading at $38.66 at the start of the year. Since then, BAX stock has increased by 0.8% and is now trading at $38.96.
View the best growth stocks for 2024 here
.

How were Baxter International's earnings last quarter?

Baxter International Inc. (NYSE:BAX) posted its quarterly earnings results on Tuesday, August, 6th. The medical instruments supplier reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.02. The firm's revenue for the quarter was up 2.8% on a year-over-year basis.
Read the conference call transcript
.

What is José (Joe) Almeida's approval rating as Baxter International's CEO?

506 employees have rated Baxter International Chief Executive Officer José (Joe) Almeida on Glassdoor.com. José (Joe) Almeida has an approval rating of 85% among the company's employees.

Does Baxter International have any subsidiaries?

The following companies are subsidiaries of Baxter International: Cheetah Medical, ApaTech Limited, Baxter AO, Baxter Belgium SPRL, Baxter (China) Investment Co. Ltd, Baxter Company Ltd, Baxter Corporation (Canada), and others.

Who are Baxter International's major shareholders?

Top institutional shareholders of Baxter International include Bank of New York Mellon Corp (1.33%), LSV Asset Management (0.82%), Shapiro Capital Management LLC (0.64%) and Thompson Siegel & Walmsley LLC (0.39%). Insiders that own company stock include Jeanne K Mason, Albert P L Stroucken, Jacqueline Kunzler and Brian Stevens.
View institutional ownership trends
.

How do I buy shares of Baxter International?

Shares of BAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Baxter International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Baxter International investors own include Xtrackers California Municipal Bond ETF (CA), Johnson & Johnson (JNJ), Pfizer (PFE), Cisco Systems (CSCO), Intel (INTC) and Abbott Laboratories (ABT).

This page (NYSE:BAX) was last updated on 9/7/2024 by MarketBeat.com Staff

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