Company Update (NYSE:BAX): Baxter International Fourth Quarter 2015 Financial Results Conference Call

[Business Wire] – Baxter International , will host a quarterly conference call to discuss its fourth quarter 2015 financial results on Tuesday, February 2, 2016, at 7:30 a.m. central time. Read more on this. Baxter International Inc. (BAX) , with a current value of $20.46B, started the session at $36.79. Today’s price range has been between $36.75 and $37.53 per share with a trailing 52-week range being $32.18 to $43.44. BAX shares are currently priced at 29.62x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 11.64x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $0.46 per share annually in dividends, yielding 1.21%. In a review of the consensus earnings estimate this quarter, 14 sell-side analysts are looking at $0.31 per share, which would be $0.03 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $1.26, which would be a $0.02 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.55 Billion. If realized, that would be a 42.95% decrease over the year-ago quarter. In terms of ratings, Leerink Partners downgraded BAX from Outperform to Mkt Perform (Jul 30, 2015). Previously, BofA/Merrill downgraded BAX from Buy to Neutral. The average price target for BAX shares by the analysts covering the stock is $39.55, which is 7.50% above where the stock opened this morning. See more in (NYSE:BAX) Similar Articles: Market Update: Baxter International Inc (NYSE:BAX) – Baxter to Present at the Morgan Stanley Global Healthcare Conference Company Update: Baxter International Inc (NYSE:BAX) – Baxter and Water Street Announce FDA Approval of CEFAZOLIN 2 Gram Premix Market Update: Baxter International Inc (NYSE:BAX) – Baxter International Second Quarter 2015 Financial Results Conference Call