Currently, Baxter International Inc (NYSE:BAX) has a Strong Buy using the Portfolio Grader stock evaluator, which incorporates Louis Navellier's investing methodology. The shares have been upgraded from a Buy to a Strong Buy in the last week.
As one of the 783 companies in the GICS Health Care sector the company is a component of the 163 company Health Care Equipment & Supplies GICS industry group within this sector. BAX has a market value of $35.8 billion which is in the top 10% of its industry group The stock's current Portfolio Grader score places it 8 among the 163 companies in this industry group, positioning it among the leaders.
Portfolio Grader currently ranks the Health Care sector number 10 among the 12 sectors in its universe putting it in the bottom quartile of all the GICS sectors. The Health Care Equipment & Supplies industry group is ranked 37 among the 69 industry groups within the GICS sectors, placing it below-average in terms of the Navellier scoring system.
Baxter International has realized above-average scores in 6 of the 8 fundamental metrics used by Portfolio Grader in the ranking of company stocks.
BAX's operational scores provide mixed results with rankings for operating margin and earnings growth that are well above average, while the score for sales growth is below average. Scores for visibility of earnings are superior with a ranking for earnings revisions, earnings surprises and earnings momentum that are discernibly better than average. BAX's metric for return on equity is better than its industry group average but its ranking for cash flow is below-average. Based on these fundamental scores, Baxter International places in the top decile of the industry group.
Quantitatively, Portfolio Grader uses the Navellier Proprietary Quantitative Score to measure BAX's shares from the perspective of risk/reward. This exclusive scoring methodology evaluates the relative value of BAX's shares based on the current price of the shares relative to its peers, the market and risk associated with its industry and sector groups. Based on this risk/reward calculation, the company currently scores well above-average in its industry group compared to its peers.
Louis Navellier's proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results, with A being 'strong buy' and F being 'strong sell'. Explore the tool here.
Commentary provided by UpTick Data Technologies.
