Analysts See $0.58 EPS for Baxter International Inc. (BAX); Bel Fuse Class B (BELFB) SI Decreased By 5.53%

January 14, 2018 - By Nellie Frank

Analysts expect Baxter International Inc. (NYSE:BAX) to report $0.58 EPS on February, 7.They anticipate $0.01 EPS change or 1.75% from last quarter’s $0.57 EPS. BAX’s profit would be $316.00M giving it 29.46 P/E if the $0.58 EPS is correct. After having $0.64 EPS previously, Baxter International Inc.’s analysts see -9.38% EPS growth. The stock decreased 0.18% or $0.12 during the last trading session, reaching $68.34. About 2.37 million shares traded. Baxter International Inc. (NYSE:BAX) has risen 32.55% since January 14, 2017 and is uptrending. It has outperformed by 15.85% the S&P500.

Bel Fuse Incorporated Class B (NASDAQ:BELFB) had a decrease of 5.53% in short interest. BELFB’s SI was 167,400 shares in January as released by FINRA. Its down 5.53% from 177,200 shares previously. With 20,700 avg volume, 8 days are for Bel Fuse Incorporated Class B (NASDAQ:BELFB)’s short sellers to cover BELFB’s short positions. The SI to Bel Fuse Incorporated Class B’s float is 1.5%. The stock increased 1.02% or $0.25 during the last trading session, reaching $24.85. About 8,516 shares traded. Bel Fuse Inc. (NASDAQ:BELFB) has risen 41.76% since January 14, 2017 and is uptrending. It has outperformed by 25.06% the S&P500.

Among 18 analysts covering Baxter International (NYSE:BAX), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. Baxter International had 49 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Baxter International Inc. (NYSE:BAX) has “Buy” rating given on Tuesday, January 2 by Bank of America. On Tuesday, September 22 the stock rating was initiated by UBS with “Neutral”. The firm has “Overweight” rating by Barclays Capital given on Tuesday, August 11. The stock has “Hold” rating by RBC Capital Markets on Monday, October 2. The stock has “Buy” rating by BMO Capital Markets on Monday, November 13. The company was maintained on Wednesday, February 3 by RBC Capital Markets. The firm earned “Overweight” rating on Thursday, July 27 by Barclays Capital. The firm earned “Hold” rating on Friday, October 13 by Cowen & Co. The rating was upgraded by BMO Capital Markets on Tuesday, July 11 to “Outperform”. Cantor Fitzgerald initiated it with “Overweight” rating and $70 target in Friday, June 30 report.

Investors sentiment increased to 0.97 in Q3 2017. Its up 0.05, from 0.92 in 2017Q2. It improved, as 38 investors sold Baxter International Inc. shares while 300 reduced holdings. 76 funds opened positions while 253 raised stakes. 439.80 million shares or 0.96% less from 444.08 million shares in 2017Q2 were reported. Asset, a Colorado-based fund reported 11,558 shares. Ent Service reported 11,050 shares. Moreover, Legal And General Group Inc Public Limited Liability Com has 0.15% invested in Baxter International Inc. (NYSE:BAX) for 3.28 million shares. Brown Advisory has 100,421 shares. State Farm Mutual Automobile invested in 1.07% or 12.73M shares. Trillium Asset Ltd Liability Company stated it has 4,821 shares. New York State Common Retirement Fund owns 0.13% invested in Baxter International Inc. (NYSE:BAX) for 1.65 million shares. Planning Advsrs Llc accumulated 19,366 shares. Destination Wealth Mngmt has invested 0.81% of its portfolio in Baxter International Inc. (NYSE:BAX). Creative Planning holds 38,907 shares. Oppenheimer & stated it has 0.04% of its portfolio in Baxter International Inc. (NYSE:BAX). First Merchants holds 0.36% or 33,361 shares. Vaughan David Invests Il reported 12,651 shares or 0.04% of all its holdings. Art Advsr Ltd Liability Company reported 0.01% in Baxter International Inc. (NYSE:BAX). Ontario Teachers Pension Plan Board reported 0.19% in Baxter International Inc. (NYSE:BAX).

Since August 17, 2017, it had 0 insider buys, and 4 selling transactions for $2.16 million activity. $555,538 worth of Baxter International Inc. (NYSE:BAX) was sold by STALLKAMP THOMAS T on Tuesday, September 5. Another trade for 9,440 shares valued at $583,014 was made by FORSYTH JOHN D on Friday, August 25. Shapazian Carole J had sold 4,020 shares worth $247,672. Accogli Giuseppe sold $772,363 worth of Baxter International Inc. (NYSE:BAX) on Thursday, August 17.

Baxter International Inc. provides a portfolio of renal and hospital products. The company has market cap of $37.23 billion. The firm operates through two divisions, Hospital Products and Renal. It has a 36.58 P/E ratio. The Hospital Products segment makes intravenous solutions and administration sets, premixed drugs and drug-reconstitution systems, pre-filled vials and syringes for injectable drugs, IV nutrition products, parenteral nutrition therapies, infusion pumps, inhalation anesthetics, and biosurgery products.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>