Baxter International Inc

Baxter International Inc Stock Forecast & Price Prediction

Live Baxter International Inc Stock (BAX) Price
$31.44

15

Ratings

  • Buy 3
  • Hold 11
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$31.44

P/E Ratio

125.76

Volume Traded Today

$3.7M

Dividend

$0.17

52 Week High/low

44.01/31.28

Baxter International Inc Market Cap

$16.05B

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BAX Summary

From what 15 stock analysts predict, the share price for Baxter International Inc (BAX) might increase by 25.72% in the next year. This is based on a 12-month average estimation for BAX. Price targets go from $30 to $62. The majority of stock analysts believe BAX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

BAX Analyst Ratings

Baxter International Inc has a total of 15 Wall St Analyst ratings. There are 3 buy ratings, 11 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Baxter International Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

BAX stock forecast by analyst

These are the latest 20 analyst ratings of BAX.

Analyst/Firm

Rating

Price Target

Change

Date

Rick Wise
Stifel

Buy

$38

Maintains

Nov 11, 2024
Joanne Wuensch
Citigroup

Neutral

$40

Maintains

Oct 1, 2024
David Roman
Goldman Sachs

Neutral

$40

Maintains

Aug 8, 2024
Larry Biegelsen
Wells Fargo

Equal-Weight

$40

Maintains

Aug 7, 2024
Robbie Marcus
JP Morgan

Neutral

$42

Maintains

Aug 7, 2024
Patrick Wood
Morgan Stanley

Underweight

$30

Downgrade

Jul 15, 2024

Citigroup

Neutral


Maintains

Jul 11, 2024
Joanne Wuensch
Citigroup

Neutral

$37

Maintains

Jul 10, 2024
Vijay Kumar
Evercore ISI Group

Outperform

$45

Maintains

Jul 2, 2024
David Roman
Goldman Sachs

Neutral

$36

Initiates

May 30, 2024
Joanne Wuensch
Citigroup

Neutral

$38

Maintains

May 22, 2024
Joshua Jennings
TD Cowen

Hold

$40

Downgrade

May 10, 2024
Joanne Wuensch
Citigroup

Neutral

$44

Maintains

Apr 3, 2024
Travis Steed
B of A Securities

Neutral

$45

Maintains

Mar 5, 2024
Matt Miksic
Barclays

Overweight

$54

Maintains

Feb 12, 2024
Robbie Marcus
JP Morgan

Neutral

$44

Maintains

Feb 9, 2024
Patrick Wood
Morgan Stanley

Equal-Weight

$39

Maintains

Dec 4, 2023
Robbie Marcus
JP Morgan

Neutral

$36

Maintains

Oct 31, 2023
Joanne Wuensch
Citigroup

Neutral

$45

Maintains

Aug 21, 2023

Barclays

Overweight


Maintains

Aug 1, 2023

BAX Company Information

What They Do: Develops and provides healthcare products globally.

Business Model: The company operates through four segments: Medical Products and Therapies, Healthcare Systems and Technologies, Pharmaceuticals, and Kidney Care, generating revenue by selling a wide range of healthcare products and services to hospitals, dialysis centers, and other healthcare facilities. It utilizes a combination of direct sales and distribution through independent partners in around 100 countries.

Other Information: Baxter's extensive product portfolio includes IV solutions, infusion systems, surgical equipment, and kidney care therapies. The company collaborates with other firms to enhance its product offerings, evidenced by agreements with Celerity Pharmaceutical and Miromatrix Medical. Established in 1931 and headquartered in Deerfield, Illinois, Baxter is a well-established player in the healthcare industry.
BAX
Baxter International Inc (BAX)

When did it IPO

1981

Staff Count

60,000

Country

United States

Sector/Industry

Healthcare/Medical Instruments & Supplies

CEO

Mr. Jose E. Almeida

Market Cap

$16.05B

Baxter International Inc (BAX) Financial Data

In 2023, BAX generated $14.81B in revenue, which was a increase of 2.12% from the previous year. This can be seen as a signal that BAX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$11.67B

Revenue From 2021

$12.15B

4.05 %
From Previous Year

Revenue From 2022

$14.51B

19.43 %
From Previous Year

Revenue From 2023

$14.81B

2.12 %
From Previous Year
  • Revenue TTM $15.06B
  • Operating Margin TTM 8.9%
  • Gross profit TTM $4.98B
  • Return on assets TTM 3.2%
  • Return on equity TTM 1.6%
  • Profit Margin 0.7%
  • Book Value Per Share 15.42%
  • Market capitalisation $16.05B
  • Revenue for 2021 $12.15B
  • Revenue for 2022 $14.51B
  • Revenue for 2023 $14.81B
  • EPS this year (TTM) $0.25

Baxter International Inc (BAX) Latest News

News Image

Thu, 05 Dec 2024

Sentiment - POSITIVE

Source - Reuters

Summary - Baxter International has resumed all dialysis solution production at its North Carolina facility after interruptions due to hurricane-related flooding.

Why It Matters - Baxter's resumption of dialysis solution production signals recovery from disruptions, potentially stabilizing supply and supporting revenue, which is crucial for investor confidence and stock performance.

News Image

Fri, 29 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - BALY, BAX, and CENTA have been assigned a Zacks Rank of #5 (Strong Sell) as of November 29, 2024.

Why It Matters - Zacks Rank #5 indicates a bearish outlook for BALY, BAX, and CENTA, suggesting potential declines in stock prices, which may influence investor sentiment and decisions.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Baxter International Inc. (NYSE:BAX) will present at the Evercore HealthCONx Conference on December 5, 2024. CFO Joel Grade will speak at 9:10 a.m. ET; webcast available for replay until June 3, 2025.

Why It Matters - Baxter's presentation at a major health conference could impact stock performance, influencing investor sentiment and potentially affecting market valuation based on new insights shared.

News Image

Thu, 21 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - BATRA, BAX, and BRKR have been assigned a Zacks Rank #5 (Strong Sell) as of November 21, 2024.

Why It Matters - The addition of BATRA, BAX, and BRKR to the Zacks Rank #5 (Strong Sell) indicates potential underperformance, signaling investors to reassess their positions in these stocks.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Baxter International Inc. (NYSE:BAX) will present at the Jefferies London Healthcare Conference on November 20, 2024, at 11:00 a.m. GMT. A live webcast will be available on their website.

Why It Matters - Baxter's presentation at the Jefferies conference could signal strategic updates or financial insights, influencing investor sentiment and stock performance.

News Image

Mon, 11 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Baxter International Inc. declared a quarterly cash dividend of $0.17 per share, payable on Jan. 2, 2025. The annual dividend rate is now $0.68 per share, reflecting changes due to a planned divestiture.

Why It Matters - Baxter's dividend announcement reflects financial stability and a commitment to returning value to shareholders, signaling confidence amid upcoming strategic changes.

...

BAX Frequently asked questions

The highest forecasted price for BAX is $62 from at Deutsche Bank.

The lowest forecasted price for BAX is $30 from Patrick Wood from Morgan Stanley

The BAX analyst ratings consensus are 3 buy ratings, 11 hold ratings, and 1 sell ratings.