During the recent session, Baxter International Inc. (NYSE:BAX)’s traded shares were 1.39 million, with the beta value of the company hitting 0.64. At the last check today, the stock’s price was $39.86, reflecting an intraday loss of -2.61% or -$1.07. The 52-week high for the BAX share is $50.21, that puts it down -25.97 from that peak though still a striking 22.2% gain since the share price plummeted to a 52-week low of $31.01. The company’s market capitalization is $20.25B, and the average trade volume was 3.58 million shares over the past three months.
Baxter International Inc. (NYSE:BAX) trade information
Baxter International Inc. (BAX) registered a -2.61% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.61% in intraday trading to $39.86, hitting a weekly high. The stock’s 5-day price performance is 0.54%, and it has moved by -4.04% in 30 days. Based on these gigs, the overall price performance for the year is -12.27%.
Baxter International Inc. (BAX) estimates and forecasts
Statistics show that Baxter International Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Baxter International Inc. (BAX) shares have gone up 22.39% during the last six months, with a year-to-date growth rate less than the industry average at 11.15% against 18.40. In the rating firms’ projections, revenue will increase 2.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3.55B as predicted by 11 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 3.77B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 3.6B and 3.71B respectively. In this case, analysts expect current quarter sales to shrink by -1.30% and then jump by 1.70% in the coming quarter.
While earnings are projected to return 11.56% in 2024, the next five years will return 4.07% per annum.
BAX Dividends
Baxter International Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Baxter International Inc. is 1.16, with the dividend yield indicating at 2.91 percent, continuing the trend of increasing dividends in recent years.
