Drilling Down Into Baxter International Inc. (BAX)

Baxter International Inc. (BAX) is an interesting player in the Healthcare space, with a focus on Medical Instruments & Supplies. The stock has been active on the tape, currently trading at $66.03, up from yesterday’s close by 2.17%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Baxter International Inc. (BAX) currently trades with a market capitalization of $35.99 Billion. That value represents a market adjusting for revenues that have been growing by 4.88 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $1.43 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.62 on a per share basis this quarter. Perhaps, that suggests something about why 0.63% of the outstanding share supply is held by institutional investors.



Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Baxter International Inc. recorded a 52-week high of $72.58. It is now trading 6.55% off that level. The stock is trading $66.96 its 50-day moving average by 0.92999999999999%. The stock carved out a 52-week low down at $48.58.

In recent action, Baxter International Inc. (BAX) has made a move of -3.18% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 13.35, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.17% with $544.16 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of BAX.

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