Third Point LLC, Director, subtracted 5,000,000 shares of Baxter International Inc. (BAX) from its portfolio at the rate of $76.37 per share valuing $381,850,000 on May 16. The insider left behind 23,008,125 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Baxter International Inc. (BAX) was $78.21. Currently, the 1st Resistance Point for this stock is $78.49, with a 2nd Resistance Point sitting at $78.78. Meanwhile, this company’s stock has a 1st Support Level at $77.71 and a 2nd Support Level at $77.22. Baxter International Inc. (BAX) stock has gained $1.36, or 1.77%, in the past five days. In the last full month, these shares have gained $2.77, or 3.67%. In the past three months, this stock’s price has risen by $1.83, or 2.40%. This year-to-date, Baxter International Inc. (BAX) shares have gained $12.39, or 18.82%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Baxter International Inc. (BAX) stock, 40% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”
With 510,168 K shares outstanding, this company currently has a market capitalization of $39,777,800K. Baxter International Inc. (BAX) generates $11,127 M in annual sales, amounting to annual net income of $1,624 M. This stock has generated a 1-Year Total Return of 4.87%, a 3-Year Total Return of 75.99%, and a 5-year Total Return of 95.02%. This stock’s 5-Year Dividend Growth is -61.98%, with its most recent dividend valued at $0.220 per share on 06/06/19. Its Annual Dividend Yield is 1.13%, and its Annual Dividend Rate is 0.88.
In the most recently-reported fiscal quarter, which ended in Mar-19, Baxter International Inc. (BAX) reported earnings of $0.76 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.68 per share, representing a 0.08 difference and 11.60% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.78 represented a 0.05 difference from the consensus estimate calling for $0.73 per share, which was a 6.82% surprise.
For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.81 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $0.82 and the low estimate was $0.80. In the year-ago quarter, Baxter International Inc. (BAX) generated per-share earnings of $0.77. If the analysts are correct about the current quarter’s earnings, the growth will be +5.19% .
Turning our focus now to insider trading activity, there have been 16 purchases (78,663 shares in total) and 7 sale (62,616 shares in total) in the last 3 months. In the last 6 months, there have been 47 insider buys amounting to 438,590 shares and 17 insider sales amounting to 264,911 shares. In the past full year, 61 insider purchases were made (involving 603,522 shares) and 29 insider sell-offs equivalent to 8,424,996 shares.
Moving onto liquidity, Baxter International Inc. (BAX) has a Current Ratio of 2.09, a Quick Ratio of 1.50 and a Cash Ratio of 0.65. Looking at this company’s capital structure, its Total Debt to Total Equity is 44.61, its Total Debt to Total Capital is 30.85, and its Total Debt to Total Assets is now 22.23. Looking even further ahead into the future, its Long-Term Debt to Equity is 44.56 and its Long-Term Debt to Total Capital is 30.81.