Baxter International Inc. (NYSE: BAX)’s stock price has gone decline by -0.89 in comparison to its previous close of 42.50, however, the company has experienced a -1.54% decrease in its stock price over the last five trading days. The Wall Street Journal reported on 05/08/23 that Baxter Selling Biopharma-Solutions Arm for $4.25 Billion
Is It Worth Investing in Baxter International Inc. (NYSE: BAX) Right Now?
Additionally, the 36-month beta value for BAX is 0.57. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 12 rating it as “hold,” and 0 rating it as “sell.”
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The public float for BAX is 503.13M and currently, short sellers hold a 1.20% ratio of that float. The average trading volume of BAX on May 25, 2023 was 5.86M shares.
BAX’s Market Performance
BAX stock saw a decrease of -1.54% in the past week, with a monthly decline of -7.31% and a quarterly a decrease of 3.97%. The volatility ratio for the week is 1.77%, and the volatility levels for the last 30 days are 2.74% for Baxter International Inc. (BAX). The simple moving average for the past 20 days is -5.44% for BAX’s stock, with a -14.53% simple moving average for the past 200 days.
BAX Trading at -1.03% from the 50-Day Moving Average
After a stumble in the market that brought BAX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.36% of loss for the given period.
Volatility was left at 2.74%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares sank -8.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.99% upper at present.
During the last 5 trading sessions, BAX fell by -1.54%, which changed the moving average for the period of 200-days by -29.46% in comparison to the 20-day moving average, which settled at $44.35. In addition, Baxter International Inc. saw -17.36% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BAX starting from STROUCKEN ALBERT P L, who sale 3,930 shares at the price of $37.52 back on Mar 20. After this action, STROUCKEN ALBERT P L now owns 36,835 shares of Baxter International Inc., valued at $147,454 using the latest closing price.
Kunzler Jacqueline, the SVP, Chief Quality Officer of Baxter International Inc., sale 3,813 shares at $40.50 during a trade that took place back on Feb 21, which means that Kunzler Jacqueline is holding 16,725 shares at $154,426 based on the most recent closing price.
Stock Fundamentals for BAX
Current profitability levels for the company are sitting at:
- +8.63 for the present operating margin
- +34.61 for the gross margin
The net margin for Baxter International Inc. stands at -16.10. The total capital return value is set at 5.16, while invested capital returns managed to touch -10.08. Equity return is now at value -37.70, with -8.50 for asset returns.
Based on Baxter International Inc. (BAX), the company’s capital structure generated 295.10 points at debt to equity in total, while total debt to capital is 74.69. Total debt to assets is 60.85, with long-term debt to equity ratio resting at 268.95. Finally, the long-term debt to capital ratio is 68.07.
When we switch over and look at the enterprise to sales, we see a ratio of 2.46, with the company’s debt to enterprise value settled at 0.42. The receivables turnover for the company is 5.53 and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
In conclusion, Baxter International Inc. (BAX) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
