why did baxter stock drop today

by Prof. Hans Dibbert Published 3 years ago Updated 2 years ago

What is the downside in Baxter International's stock price?

Apr 16, 2022 · msn.com - April 22 at 3:12 PM. Baxter International Inc. Expected to Earn Q2 2022 Earnings of $0.93 Per Share (NYSE:BAX) americanbankingnews.com - April 21 at 1:44 AM. Q1 …

How is Baxter's growth engine revving up?

Get the latest Baxter International Inc. (BAX) stock news and headlines to help you in your trading and investing decisions.

Who bought babax stock in the last quarter?

Shares of Baxter International ( BAX-2.55%) fell more than 12% today after the company announced preliminary third-quarter 2019 operating results. The business expects to report …

Who is the founder of Baxter Corporation?

BAX | Complete Baxter International Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

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Aug 04, 2021 · The stock price of medical supplies company Baxter (NYSE: BAX) has seen a fall of 4% over the last five trading days, while it is also down over 7% in the last year. The recent …

Is BAX stock a good buy?

Out of 8 analysts, 5 (62.5%) are recommending BAX as a Strong Buy, 2 (25%) are recommending BAX as a Buy, 0 (0%) are recommending BAX as a Hold, 0 (0%) are recommending BAX as a Sell, and 1 (12.5%) are recommending BAX as a Strong Sell. What is BAX's earnings growth forecast for 2022-2024?

Is Baxter a buy?

Baxter International has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 11 buy ratings, 2 hold ratings, and 1 sell rating.

Is Baxter a pharmaceutical company?

Baxter Healthcare Pharmaceutical Ltd. develops, manufactures, and markets healthcare products. The Company offers products for the treatment of haemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions.

When did Baxter go public?

Willem Kolff s research effort to produce a working artificial kidney. In 1956 Baxter introduced the first commercially-built kidney dialysis system, making the first move into a realm in which the company would continue to be an innovator. Baxter shares began trading on the New York Stock Exchange in 1961.

Who is buying HILL ROM?

Baxter International Inc.

Baxter International Inc. (NYSE:BAX), a global medtech leader, announced today it has completed its acquisition of Hillrom. Baxter paid $156.00 in cash for each outstanding share of Hillrom common stock for a purchase price of $10.5 billion (based on Hillrom share counts at closing).Dec 13, 2021

Is Baxter a Fortune 500 company?

RANK264. The pharmaceutical and medical equipment company makes products that aid in the treatment of health conditions such as kidney disease and hemophilia.

Is Baxter an American company?

Baxter International Inc. is an American multinational health care company with headquarters in Deerfield, Illinois.

Where is Baxter Healthcare headquarters?

Deerfield, IL

Baxter International / Headquarters

Deerfield is a north shore suburb of Chicago in Lake County, Illinois, United States, approximately 25 miles north of Chicago with a small portion extending into Cook County, Illinois. The population was 19,196 at the 2020 census.

Wikipedia

How many Baxter plants are there?

With more than 50 manufacturing facilities across six continents, Baxter's global presence provides opportunities for unique sterile contract manufacturing collaborations to provide the most value for our partners.

Where is Stuart Baxter now?

Kaizer Chiefs F.C.

Stuart Baxter / Current team (Manager)

Kaizer Chiefs Football Club is a South African professional soccer club based in Naturena, Johannesburg South, that plays in the Premier Soccer League. The team is nicknamed AmaKhosi, which means "Lords" or "Chiefs" in Zulu, and the Phefeni Glamour Boys. Chiefs have won 12 league titles and over 50 club trophies.

Wikipedia

Is Baxter a publicly traded company?

If you're an income investor, you always want to keep an eye on falling dividend stocks. A couple of dividend stocks that currently are down and trading near their 52-week lows include Baxter International (NYSE: BAX) and Cisco Systems (NASDAQ: CSCO).

Baxter Recalls Dose IQ Software 9.0.x Used With Infusion Pumps

The FDA issued a Class I recall, the most serious kind of recall, for Baxter International Inc's (NYSE: BAX) Dose IQ safety software used with Spectrum IQ Infusion System.

Hill-Rom stock falls after BofA downgrade, extending pullback following longest win streak in 20 years

Shares of Hill-Rom Holdings Inc. slumped 2.1% in afternoon trading Tuesday, putting them on track for a fifth straight decline, after BofA Securities analyst Bob Hopkins downgraded the medical technology company to neutral from buy, citing concerns over valuation after the recent run up.

10 Medical Technology Stocks to Buy

In this article we presented the 10 medical technology stocks to buy. You can skip our detailed discussion on these stocks, and read the 5 Medical Technology Stocks to Buy.

Baxter International (BAX) Q2 Earnings Surpass Estimates

Baxter (BAX) delivered earnings and revenue surprises of 8.11% and -0.47%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Baxter (BAX) Q2 Earnings Surpass Estimates, Revenues Miss

Baxter's (BAX) second-quarter results reflect robust performance across all its business units.

Why Shares of Hill-Rom Holdings Jumped Today

What happened Shares of medical equipment maker Hill-Rom Holdings (NYSE: HRC) closed up more than 7% today after reports that the company has rejected a takeover bid from Baxter International (NYSE: BAX) of $144 per share.

The healthcare giant's relatively strong preliminary third-quarter results were overshadowed by two other developments

Maxx has been a contributor to Fool.com since 2013. He graduated from the State University of New York College of Environmental Science and Forestry (2012) with a Bachelor of Science in Bioprocess Engineering and from Carnegie Mellon University (2016) with a Master of Science in Materials Science & Engineering.

What happened

Shares of Baxter International ( NYSE:BAX) fell more than 12% today after the company announced preliminary third-quarter 2019 operating results. The business expects to report quarterly revenue of $2.85 billion and operating income of $503 million, but that relatively strong performance was overshadowed by two other developments.

So what

Before today's disclosures, shares of Baxter International had been humming along and setting new all-time highs with regular frequency. The magnitude of today's stock drop is both abrupt and shocking for investors not accustomed to such large swings for the established company.

Now what

It's too soon to know the magnitude of the impact from the internal investigation or opiate complaint, but it certainly is a shame that the company's otherwise strong operations are being overshadowed by these negative developments.

Is Baxter International a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baxter International in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock.

What stocks does MarketBeat like better than Baxter International?

Wall Street analysts have given Baxter International a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Baxter International wasn't one of them.

Are investors shorting Baxter International?

Baxter International saw a drop in short interest in July. As of July 30th, there was short interest totaling 7,610,000 shares, a drop of 16.2% from the July 15th total of 9,080,000 shares. Based on an average trading volume of 2,910,000 shares, the days-to-cover ratio is currently 2.6 days.

When is Baxter International's next earnings date?

Baxter International is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.#N#View our earnings forecast for Baxter International.

How were Baxter International's earnings last quarter?

Baxter International Inc. (NYSE:BAX) announced its quarterly earnings results on Wednesday, July, 28th. The medical instruments supplier reported $0.80 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.75 by $0.05.

How has Baxter International's stock price been impacted by COVID-19 (Coronavirus)?

Baxter International's stock was trading at $77.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BAX shares have increased by 3.8% and is now trading at $80.92.#N#View which stocks have been most impacted by COVID-19.

How often does Baxter International pay dividends? What is the dividend yield for Baxter International?

Baxter International announced a quarterly dividend on Monday, July 12th. Investors of record on Friday, September 3rd will be paid a dividend of $0.28 per share on Friday, October 1st. This represents a $1.12 annualized dividend and a yield of 1.38%. The ex-dividend date is Thursday, September 2nd.#N#View Baxter International's dividend history.

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