Added to YB: 2025-03-17
Pitch date: 2024-12-31
BAX [neutral]
Baxter International Inc.
-26.13%
current return
Author Info
No bio for this author
Company Info
Baxter International Inc., through its subsidiaries, provides a portfolio of healthcare products in the United States.
Market Cap
$10.7B
Pitch Price
$28.89
Price Target
N/A
Dividend
0.19%
EV/EBITDA
8.60
P/E
-11.82
EV/Sales
1.64
Sector
Health Care Equipment and Supplies
Category
value
Artisan Partners Mid Cap Value Fund Portfolio Holding: Baxter International Inc.
BAX (holding update): Renal care & medical products co. Q4 earnings in-line, but core growth weak. Hurricane disruption impact limited. Restructuring nearly complete, selling non-core ops (BioPharma, kidney biz) at premium. Trades <10x normalized earnings. Growth slowdown likely temporary. High FCF conversion for debt paydown/shareholder returns.
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