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Tuesday, December 5, 2023

Are Things Looking Up For Baxter International Inc. (NYSE: BAX)?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Baxter International Inc. (BAX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.75, or 2.19%, to $34.96. The Baxter International Inc. has recorded 226,023 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Baxter Highlights New Data at Kidney Week Indicating Sharesource Is Associated With a 77% Lower Risk of Home Dialysis Technique Failure.

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Stocks Info

Baxter International Inc. is listed on the NYSE in the Healthcare sector while operating in the Medical Instruments & Supplies industry. At the end of the last regular session, the stock closed at $34.21 and fluctuated between $34.58 as its day high and $34.15 as its day low. The current market capitalization of Baxter International Inc. is $17.36B. A total of 4.74 million shares were traded on the day, compared to an average of 4.78M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, BAX has seen 2 BUY and 1 SELL insider trades, representing the acquisition of 15,065 and the disposition of 2,059 shares. Over the last 12 months, there were 38 BUYs and 26 SELLs from insiders. Insiders purchased 533,460 shares during that period but sold 93,459.

In the most recent transaction, STROUCKEN ALBERT P L sold 3,930 shares of BAX for 37.52 per share on Mar 20. After the transaction, the Director now owns 36,835 company shares. In a previous transaction on Feb 21, Kunzler Jacqueline sold 3,813 shares at 40.50 per share. BAX shares that SVP, Chief Quality Officer owns now total 16,725.

Among the insiders who sold shares, Mason Jeanne K disposed of 59,477 shares on Jan 17 at a per-share price of $44.70. This resulted in the SVP, Human Resources holding 126,231 shares of BAX after the transaction.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. BAX’s most recent ex-dividend date was 8/31/2023 when it declared a $0.29 quarterly dividend that was paid in cash on 10/2/2023. Previously, the company paid the dividend on 7/3/2023 with an ex-dividend date of 6/1/2023. The BAX stock dividend was $0.29 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for BAX in the last 3 months, the mean price target is $42.91 with high estimates of $53.00 and low estimates of $35.00. In terms of 52-week highs and lows, BAX has a high of $56.92 and a low of $31.01.

As of this writing, BAX has an earnings estimate of $Boeing Company (The) per share for the current quarter. EPS was calculated based on a consensus of Bank of America Corporation estimates, with a high estimate of $Baxter International Inc. per share and a lower estimate of $Blackstone Inc.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. BAX’s latest balance sheet shows that the firm has $2.95B in Cash & Short Term Investments as of fiscal 2021. There were $18.31B in debt and $4.24B in liabilities at the time. Its Book Value Per Share was $15.97, while its Total Shareholder’s Equity was $9.12B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BAX is Buy with a score of 3.62.

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