Why is Bax stock price keeps going down in spite of good fundamentals and very good potential post-covid with its products and services?
D
As an insider, Joe needs to step down immediately! He has created a very toxic environment. Employees are extremely unhappy and not motivated. Anytime someone has an opportunity to leave, they are flying out the door. Baxter is not retaining good talent, and this is reflecting on the business and will continue to have long lasting effects.
J
management should resign......
A
5-star analyst Danielle Antalffy, of SVB Leerink, writes of Baxter, “[We] see BAX's underlying fundamentals -- accelerating sales growth, meaningful margin expansion -- as unchanged. One of the most meaningful datapoints in this quarter was 6% peritoneal dialysis patient growth… well ahead of the mid-single-digit long-term growth outlook for the Renal business that the Street is modeling. As the COVID pressures begin to lift, visibility into the long-term growth drivers should improve, and we would expect the shares to move meaningfully higher.”
And it doesn't hurt that Ray Dalio co-chief investment officer of the world's largest hedge fund, Bridgewater Associates just bought up 124,701 shares of the stock, a holding that is worth $9.73 million at current prices.
D
2021 will be a great year for this company and due for a breakout given the strong fundamentals and an aging population.
Bullish
T
I wonder what the investors who were unloading BAX today know that I don't? True, it's not terribly unusual to see a stock go down despite a solid earnings report; but it is VERY unusual to see that stock drop nearly 10% to a new 52-week low on huge volume.
D
Holding on to BAX even though they have some accounting issues. Ultimately recoverable, I believe.
Neutral
U
I believe next week BAX will surprise for the following Macroeconomic reasons:
1. Renal business pickup due to increase in hospitalization activities in urgent care category 2. Their consumable use in healthcare has gone up due to higher usage/disposal rate in healthcare 3. Non-covid healthcare activity increase over the last 6 month
Bullish
C
Maybe if they started making batteries and losing money, the stock would skyrocket?
J
Waiting for two things to happen!
1. Raise dividend...didn't happen 2. CEO resign....soon hopefully!
J
Will be 85 within the week, cnbc said great company and best management in the business.
J
Just curious if anyone panicked and baled on BAX the last few weeks?
C
REUTERS: Baxter International Inc. reported adjusted earnings of $501 million or $0.97 (vs $0.89 forecast) per share for the period. - Revenue: $3.04 billion in Q4 vs. $2.83 billion in the same period last year. -Guidance: Next quarter EPS guidance: $0.72 to $0.74
BAX is a safe heaven during this turmoil period. And the potential is relly good.
C
Tomorrow BAX will be easily 85-90 $ / share. Mostly owned by institutions + SEC forbidden short selling. It will have very good results (see presentation of 2 march on their site - revenue is up by 5% plus SnP will gain back 3%.
J
Sure glad they didn't have a bad report!
R
Accounting issue may resolve in Baxter's favor....
S
Great balance sheet with strong fundamentals, poised to rally to at least $120+ before end of 2020.
Bullish
L
Baxter has increased plasma fractionation capacity annually, to support growth in demand for the plasma-derived treatments. This maybe for the Coronavirus antibody infusions
K
I bought me a 100 shares this morning hopefully it will get back to 94
J
Stock is acting like tomorrow's earnings report is not going to be good.
Hopefully if that is the case, the ceo resigns immediately!
And it doesn't hurt that Ray Dalio co-chief investment officer of the world's largest hedge fund, Bridgewater Associates just bought up 124,701 shares of the stock, a holding that is worth $9.73 million at current prices.
1. Renal business pickup due to increase in hospitalization activities in urgent care category
2. Their consumable use in healthcare has gone up due to higher usage/disposal rate in healthcare
3. Non-covid healthcare activity increase over the last 6 month
1. Raise dividend...didn't happen
2. CEO resign....soon hopefully!
BAX is a safe heaven during this turmoil period. And the potential is relly good.
Hopefully if that is the case, the ceo resigns immediately!