Professional
Added to YB: 2026-04-29
Pitch date: 2026-04-24
BAX [bullish]
Baxter International Inc.
+12.95%
current return
Author Info
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Company Info
Baxter International Inc., through its subsidiaries, provides a portfolio of healthcare products in the United States.
Market Cap
$8.9B
Pitch Price
$18.14
Price Target
N/A
Dividend
0.23%
EV/EBITDA
8.16
P/E
-9.07
EV/Sales
1.46
Sector
Health Care Equipment and Supplies
Category
turnaround
O'Keefe Stevens Advisory New Position: Baxter International, Inc.
BAX (new position): New CEO Andrew Hider (ex-Danaher/ATS) implementing Baxter GPS operating system to drive margin expansion from 13-14% guide to high-teens normalized. Trades 11x fwd P/E post-Vantive spin ($3.3-3.4B net). Risks: Novum IQ pump recall (79 injuries, 2 deaths, shipment hold through 2026), permanent IV demand shift post-Hurricane Helene, leverage constraints after dividend cut.
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