In recent trading session, Baxter International Inc. (NYSE:BAX) saw 3.57 million shares changing hands at last check today with its beta currently measuring 0.65. Company’s recent per share price level of $36.91 trading at -$3.43 or -8.51% at last check today assigns it a market valuation of $18.75B. That closing price of BAX’s stock is at a discount of -36.03% from its 52-week high price of $50.21 and is indicating a premium of 15.98% from its 52-week low price of $31.01. Taking a look at company’s average trading volume volume of 3.63 million if we extend that period to 3-months.
Baxter International Inc. (NYSE:BAX) trade information
Upright in the red during last session for losing -8.51%, in the last five days BAX remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $36.91 price level, adding 9.89% to its value on the day. Baxter International Inc.’s shares saw a change of -4.53% in year-to-date performance and have moved -8.26% in past 5-day. Baxter International Inc. (NYSE:BAX) showed a performance of -14.72% in past 30-days.
Baxter International Inc. (BAX) estimates and forecasts
Statistics highlight that Baxter International Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 13.81% of value to its shares in past 6 months, showing an annual growth rate of 11.15% while that of industry is 18.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 2.00% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.55B for the same. And 10 analysts are in estimates of company making revenue of 3.77B in the next quarter. Company posted 3.6B and 3.71B of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around 11.56% while estimates for its earnings growth in next 5 years are of 4.07%.
BAX Dividends
Baxter International Inc. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
