Baxter(BAX)
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Baxter's (BAX) New Injectables Aid Its Pharmaceutical Portfolio
Zacks Investment Research· 2024-04-12 16:01
Baxter International, Inc. (BAX) recently announced the expansion of its Pharmaceutical portfolio with the launch of five injectable products in the United States.The launched products are likely to provide ready-to-use formulations that promote patient needs in key therapeutic areas and benefit healthcare professionals with additional convenience.Price PerformanceIn the past six months, BAX’s shares have rallied 32.3% compared with the industry’s rise of 21.7%. The S&P 500 has gained 19.1% in the same time ...
3 Medical Device Stocks With Solid Dividend Yield: CAH & Others
Zacks Investment Research· 2024-04-11 14:36
The Zacks Medical sector is facing headwinds in the form of inflation, higher interest rates, supply-chain disruptions and high operating costs. These factors are likely to put pressure on the industry players’ margin.Amid these ongoing headwinds, the sector has gained 2.5% until Apr 9, underperforming the S&P 500 Index’s 9.4% gain.Meanwhile, amid the rising risk of a downtrend in the market, it would be a wise decision to invest in some dividend-paying companies like Cardinal Health (CAH) , Baxter Internat ...
Reasons to Hold Baxter International (BAX) in Your Portfolio
Zacks Investment Research· 2024-04-10 17:01
Baxter International (BAX) is poised for growth, given the demand for its medically essential products, coupled with transformational actions. However, inflationary pressure remains a concern.Shares of this Zacks Rank #3 (Hold) company have gained 10.8% year to date compared with the industry's 5.3% growth. The S&P 500 Index has increased 9.4% in the same time frame.BAX, with a market capitalization of $21.46 billion, is a global medical technology company providing items such as kidney-dialysis equipment, ...
Baxter's (BAX) Latest FDA Approval to Boost Infusion Therapy
Zacks Investment Research· 2024-04-02 17:11
Baxter International Inc. (BAX) recently received the FDA’s 510(k) clearance for its Novum IQ large volume infusion pump (LVP) with Dose IQ Safety Software. Adding LVP modality to the Novum IQ Infusion Platform, which includes Baxter’s syringe infusion pump (SYR) with Dose IQ Safety Software, powered by the IQ Enterprise Connectivity Suite, is expected to enable clinicians to utilize a single, integrated system across a variety of patient care settings.Baxter expects to expand the platform in the future via ...
Baxter International Inc. Is A Buy (Technical Analysis)
Seeking Alpha· 2024-02-27 01:39
monsitj In this article, I will outline why I think Baxter International Inc. (NYSE:BAX) is a buy. BAX is a member of the health care industry and sells health care equipment. While not a factor in my analysis, BAX is expected to see double-digit earnings per share growth over the next three years, which is attractive. My technical analysis will focus on price action, momentum, volume, and relative strength using a weekly time frame. I will also mention the importance of risk management in this article, ...
Spectral Medical Announces Major Milestone by Reaching Its Interim Enrollment Target of 90 Patients
Newsfilter· 2024-02-15 12:41
TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Spectral Medical Inc. ("Spectral" or the "Company") (TSX:EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, today announced a major milestone by reaching its Interim Enrollment target of patient 90 in its TIGRIS trial. Under the terms of the Company's Exclusive Distribution Agreement with Baxter International ("Baxter") (NYSE:BAX), at Interim Enrollment, Baxter has the option to make a second milestone payment to Spect ...
Baxter Declares Quarterly Dividend
Businesswire· 2024-02-12 23:15
DEERFIELD, Ill.--(BUSINESS WIRE)--Baxter International Inc. (NYSE:BAX), a global medtech leader, today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per share of common stock. The dividend is payable on April 1, 2024, to stockholders of record as of March 1, 2024. The indicated annual dividend rate is $1.16 per share of common stock. About Baxter Every day, millions of patients, caregivers and healthcare providers rely on Baxter's leading portfolio of diagnostic, cr ...
Baxter's (BAX) Q4 Earnings Top, Sales Rise on Strong Demand
Zacks Investment Research· 2024-02-08 18:11
Baxter International Inc. (BAX) reported fourth-quarter 2023 adjusted earnings per share (EPS) from continuing operations of 88 cents, which beat the Zacks Consensus Estimate of 86 cents by 2.3%. The bottom line improved 13% from the year-ago quarter’s level.On a GAAP basis, the EPS from continuing operations was 14 cents, down 50% from the prior-year quarter’s level. The company recorded $2.79 billion as goodwill impairment in the prior-year quarter.Continuing operations exclude Baxter's BioPharma Solution ...
Baxter(BAX) - 2023 Q4 - Earnings Call Presentation
2024-02-08 17:14
FO URT H-Q UA RT ER 2023 EA RNI NGS Baxter International Inc. February 8, 2024 FORWA R D- LOOKING STAT EM ENT S This pr ...
Baxter(BAX) - 2023 Q4 - Earnings Call Transcript
2024-02-08 17:14
Start Time: 08:30 January 1, 0000 9:32 AM ET Baxter International Inc. (NYSE:BAX) Q4 2023 Earnings Conference Call February 08, 2024, 08:30 AM ET Executives Clare Trachtman - VP, IR Jose Almeida - Chairman, President and CEO Joel Grade - EVP and CFO Analysts Travis Steed - Bank of America Securities Matt Miksic - Barclays Vijay Kumar - Evercore ISI Pito Chickering - Deutsche Bank Securities Matt Taylor - Jefferies Danielle Antalffy - UBS Operator Good morning, ladies and gentlemen, and welcome to Baxter Int ...