Baxter International Inc. (BAX)

NYSE: BAX · IEX Real-Time Price · USD
42.74
+0.05 (0.12%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

BAX has a market cap or net worth of $21.74 billion. The enterprise value is $32.79 billion.

Market Cap 21.74B
Enterprise Value 32.79B

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, before market open.

Earnings Date Apr 25, 2024
Ex-Dividend Date Feb 29, 2024

Share Statistics

BAX has 508.00 million shares outstanding. The number of shares has increased by 0.40% in one year.

Shares Outstanding 508.00M
Shares Change (YoY) +0.40%
Shares Change (QoQ) -0.59%
Owned by Insiders (%) 0.38%
Owned by Institutions (%) 92.37%
Float 505.48M

Valuation Ratios

The trailing PE ratio is 8.14 and the forward PE ratio is 14.62. BAX's PEG ratio is 1.70.

PE Ratio 8.14
Forward PE 14.62
PS Ratio 1.47
Forward PS 1.43
PB Ratio 2.59
P/FCF Ratio 21.03
PEG Ratio 1.70
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.58, with an EV/FCF ratio of 31.71.

EV / Earnings 12.34
EV / Sales 2.21
EV / EBITDA 7.58
EV / EBIT 10.70
EV / FCF 31.71

Financial Position

The company has a current ratio of 1.48, with a Debt / Equity ratio of 1.69.

Current Ratio 1.48
Quick Ratio 0.90
Debt / Equity 1.69
Debt / EBITDA 3.29
Debt / FCF 13.77
Interest Coverage 6.93

Financial Efficiency

Return on equity (ROE) is 38.00% and return on invested capital (ROIC) is 1.75%.

Return on Equity (ROE) 38.00%
Return on Assets (ROA) 9.20%
Return on Capital (ROIC) 1.75%
Revenue Per Employee $246,883
Profits Per Employee $44,267
Employee Count 60,000
Asset Turnover 0.52
Inventory Turnover 3.58

Taxes

Income Tax -34.00M
Effective Tax Rate -1.30%

Stock Price Statistics

The stock price has increased by +7.25% in the last 52 weeks. The beta is 0.62, so BAX's price volatility has been lower than the market average.

Beta (1Y) 0.62
52-Week Price Change +7.25%
50-Day Moving Average 40.92
200-Day Moving Average 39.87
Relative Strength Index (RSI) 58.81
Average Volume (30 Days) 3,814,360

Short Selling Information

The latest short interest is 8.18 million, so 1.61% of the outstanding shares have been sold short.

Short Interest 8.18M
Short Previous Month 7.54M
Short % of Shares Out 1.61%
Short % of Float 1.62%
Short Ratio (days to cover) 2.00

Income Statement

In the last 12 months, BAX had revenue of $14.81 billion and earned $2.66 billion in profits. Earnings per share was $5.25.

Revenue 14.81B
Gross Profit 4.98B
Operating Income 390.00M
Pretax Income 2.62B
Net Income 2.66B
EBITDA 4.33B
EBIT 3.06B
Earnings Per Share (EPS) $5.25
Full Income Statement

Balance Sheet

The company has $3.19 billion in cash and $14.24 billion in debt, giving a net cash position of -$11.04 billion or -$21.74 per share.

Cash & Cash Equivalents 3.19B
Total Debt 14.24B
Net Cash -11.04B
Net Cash Per Share -$21.74
Equity / Book Value 8.40B
Book Value Per Share 16.54
Working Capital 3.10B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.73 billion and capital expenditures -$692.00 million, giving a free cash flow of $1.03 billion.

Operating Cash Flow 1.73B
Capital Expenditures -692.00M
Free Cash Flow 1.03B
FCF Per Share $2.04
Full Cash Flow Statement

Margins

Gross margin is 33.59%, with operating and profit margins of 2.63% and 17.93%.

Gross Margin 33.59%
Operating Margin 2.63%
Pretax Margin 17.70%
Profit Margin 17.93%
EBITDA Margin 29.21%
EBIT Margin 20.68%
FCF Margin 6.98%

Dividends & Yields

This stock pays an annual dividend of $1.16, which amounts to a dividend yield of 2.71%.

Dividend Per Share $1.16
Dividend Yield 2.71%
Dividend Growth (YoY) n/a
Years of Dividend Growth 7
Payout Ratio 22.10%
Buyback Yield -0.40%
Shareholder Yield 2.32%
Earnings Yield 12.21%
FCF Yield 4.76%
Dividend Details

Analyst Forecast

The average price target for BAX is $47.25, which is 10.55% higher than the current price. The consensus rating is "Buy".

Price Target $47.25
Price Target Difference 10.55%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) 5.06%
EPS Growth Forecast (5Y) -5.59%
Stock Forecasts

Stock Splits

The last stock split was on July 1, 2015. It was a forward split with a ratio of 1841:1000.

Last Split Date Jul 1, 2015
Split Type Forward
Split Ratio 1841:1000

Scores

BAX has an Altman Z-Score of 2.47 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.47
Piotroski F-Score 5