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How to Buy Baxter International Stock

Baxter International Inc

Baxter International is a medical company located in Illinois, United States, which is part of the Healthcare sector, and is traded under the ticker BAX on the NYSE exchange.

Baxter International stock last closed at $35.22, up 2.83% from the previous day, and has decreased 23.48% in one year. It has underperformed other stocks in the Medical Instruments & Supplies industry by 0.15 percentage points. Baxter International stock is currently +13.58% from its 52-week low of $31.01, and -29.85% from its 52-week high of $50.21.

At the moment, there are 509.58M shares of BAX outstanding. The market capitalization of BAX is $17.95B. In the past 24 hours, 4.17M BAX shares were traded.

How to Buy Baxter International Stock

Wondering how to invest in Baxter International stock? Here's how.
  1. Choose where to buy Baxter International stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Baxter International stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Select your payment method and add your details.
  4. Evaluate Baxter International stock: The Baxter International ticker symbol is BAX. Is Baxter International stock a good investment? Should you buy shares of BAX? How do BAX's underlying business fundamentals look? Do top analysts think Baxter International is a good buy? Why has BAX's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if BAX is a good stock to buy).
  5. Execute your BAX trade: Decide if you will purchase BAX shares at the current market price or use a limit order to buy BAX stock at a given price.
  6. Get the latest news on your investment in BAX: Create a watchlist to important notifications about your investment in Baxter International shares.

Step 1: Choose where to buy Baxter International stock

You need a brokerage account to access the NYSE market and buy BAX stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal information so you are able to invest in BAX today.

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  2. Input your personal details to start your new brokerage account.
  1. Send your application by clicking the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've opened your account on the best stock app to use, your next step is to transfer the money for your investment:

Check out the walkthrough below to see the process of transferring funds into your new brokerage account.

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Step 4: Evaluate Baxter International stock

After you have chosen the best place to buy Baxter International stock, it's critical to evaluate their stock prior to investing, so you actually understand the risk and upside.

Baxter International shares at a glance

BAX Price
$35.22
1w %
0.89%
1y %
-23.48%
5y %
-57.32%
P/E
6.73x
P/B
2.2x
P/S
1.2x
PEG
N/A
Revenue
$14.89B
Earnings
$2.65B
Fore. Rev. Growth
2.83%
Fore. Earn. Growth
-12.24%
Market Cap
$17.95B
Next Earnings
Jul 25, 2024
Next Dividend
N/A

BAX Overview

WallStreetZen was built to help average investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on BAX's stock page.

Is BAX stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BAX's fair value.

Using relative valuations ratios:

  • BAX could be undervalued based on its P/E ratio of 6.73x, relative to Medical Instruments & Supplies industry P/E ratio of 56.41x
  • BAX may be undervalued based on its P/B ratio of 2.2x, relative to Medical Instruments & Supplies industry P/B ratio of 3.68x

You can access more valuation analysis on BAX's stock here.

BAX Financials at a glance

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the BAX balance sheet.
  • BAX earnings of $3.08B is not sufficient to cover its interest payments.
  • BAX profit margin has gone up from -17% to 17.8% in the past year.

Negative Health Checks:

  • Total BAX debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the BAX balance sheet.
  • BAX's operating cash flow of $1.41B allows it to safely service it's debt of $14.17B.
  • BAX has a relatively high debt to equity ratio of 2.39.

Is it a good time to buy Baxter International stock, according to analysts?

Out of 7 Wall Street analysts who give recommendations on BAX, the consensus analyst rating on BAX is a Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

Latest BAX Analyst Forecasts

Matt Miksic, a bottom 5% analyst from Barclays maintains BAX with a strong buy rating and raises their BAX price target from $52.00 to $54.00, on Feb 12, 2024.

Robbie Marcus, a top 24% analyst from JP Morgan maintains BAX with a hold rating and raises their BAX price target from $38.00 to $44.00, on Feb 9, 2024.

You can dig deeper into what analysts are projecting on the Baxter International stock forecast page.

BAX Momentum

SMA10
33.8
SMA20
33.84
SMA50
34.54
SMA100
38.16
SMA200
37.45
MACD
-0.07
MACD Signal
-0.31
MACD Histogram
0.24
RSI
59.22
Stochastic %K
69.48
Stochastic %D
59.73
StochRSI %K
80.31
StochRSI %D
72.85

Is BAX Growing Revenue?

Last year, BAX earnings were $2.65B. In the last five year, BAX's earnings have gone up by 12.83% per year. This was slower than the Medical Instruments & Supplies industry average of 13.39%.

Last year, BAX revenue was $14.89B. Over the last 5 year, BAX's revenue has gone up by 6.1% per year. This was slower than the Medical Instruments & Supplies industry average of 10.12%.

Find out more about BAX's earnings and revenue performance here.

Who is buying/selling BAX?

In the past year, insiders at BAX have sold more shares than they have bought.

David S. Rosenbloom, EVP and General Counsel of BAX, was the latest BAX insider to sell. They sold $26,718.72 worth of BAX shares on Jun 3, 2024.

Dig into more about who owns BAX stock here.

Does BAX stock generate passive income?

No, Baxter International doesn't provide an income stream by paying out dividends.

Get analysis from other investors

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Execute your BAX trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.

Hit the Open button and your broker will execute your order.

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Step 6: Get the latest news on your investment in BAX

Now that you own some shares in BAX, you'll want to stay up-to-date on your stock purchase.

Make a watchlist to get notified of important updates regarding your BAX stock.

BAX Feed

How to Buy Stock in Baxter International

To reiterate, here are the 6 steps you need to take to buy Baxter International stock right now:

  1. Choose where to buy Baxter International stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Baxter International stock
  5. Execute your BAX trade
  6. Get the latest news on your investment in BAX

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your investment in Baxter International, create your watchlist below.

NYSE: BAX
$35.22+0.97 (+2.83%)
Updated Jul 11, 2024
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NYSE: BAX
$35.22+0.97 (+2.83%)
Updated Jul 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Baxter International share?

As of Jul 11, 2024, it costs $35.22 to buy one share of Baxter International stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.284 shares of BAX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Baxter International stock?

According to 7 Wall Street analysts who monitor Baxter International, their consensus recommendation is to buy Baxter International stock.

What is the best way to buy Baxter International stock?

One way to place an order for Baxter International stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.