Baxter International (NYSE:BAX – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.450-2.550 for the period, compared to the consensus estimate of 2.460. The company issued revenue guidance of $11.2 billion-$11.3 billion, compared to the consensus revenue estimate of $11.2 billion. Baxter International also updated its Q1 2025 guidance to 0.470-0.500 EPS.
Baxter International Price Performance
Shares of NYSE BAX opened at $33.87 on Friday. The stock’s 50-day simple moving average is $30.65 and its 200-day simple moving average is $34.14. The firm has a market capitalization of $17.29 billion, a PE ratio of -26.46, a price-to-earnings-growth ratio of 10.62 and a beta of 0.61. Baxter International has a fifty-two week low of $28.33 and a fifty-two week high of $44.01. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.09 and a current ratio of 1.43.
Baxter International (NYSE:BAX – Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The medical instruments supplier reported $0.58 EPS for the quarter, topping the consensus estimate of $0.52 by $0.06. The firm had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.67 billion. Baxter International had a negative net margin of 5.05% and a positive return on equity of 16.67%. As a group, equities research analysts forecast that Baxter International will post 2.48 EPS for the current fiscal year.
Baxter International Announces Dividend
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. Stifel Nicolaus dropped their price target on Baxter International from $46.00 to $38.00 and set a “buy” rating for the company in a research report on Monday, November 11th. Barclays assumed coverage on shares of Baxter International in a research report on Thursday. They set an “overweight” rating and a $39.00 target price for the company. JPMorgan Chase & Co. cut their price objective on Baxter International from $38.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday. StockNews.com cut Baxter International from a “buy” rating to a “hold” rating in a report on Monday, November 11th. Finally, Citigroup reduced their price objective on Baxter International from $37.00 to $35.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $38.80.
Get Our Latest Stock Analysis on Baxter International
Baxter International Company Profile
Baxter International Inc, through its subsidiaries, develops and provides a portfolio of healthcare products worldwide. The company operates through four segments: Medical Products and Therapies, Healthcare Systems and Technologies, Pharmaceuticals, and Kidney Care. The company offers sterile intravenous (IV) solutions; infusion systems and devices; parenteral nutrition therapies; generic injectable pharmaceuticals; surgical hemostat and sealant products, advanced surgical equipment; smart bed systems; patient monitoring and diagnostic technologies; and respiratory health devices, as well as advanced equipment for the surgical space, including surgical video technologies, precision positioning devices, and other accessories.
Read More
- Five stocks we like better than Baxter International
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- DuPont’s Electronics Spinoff: The Start of Something Big
- What is the Australian Securities Exchange (ASX)
- The Trade Desk Crashes on Earnings, But Growth Catalysts Persist
Receive News & Ratings for Baxter International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baxter International and related companies with MarketBeat.com's FREE daily email newsletter.