BAX
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Baxter International Inc. (BAX) closed at $16.15 as of 2026-03-20, trading 55.2% below its 200-week moving average of $36.08. This places BAX in the extreme value zone. The stock is currently moving closer to the line, down from -52.1% last week. The 14-week RSI sits at 40, indicating neutral momentum.
Over the past 14 weeks, down-weeks have had more trading volume than up-weeks (0.67 buyers-vs-sellers ratio). That means when people are active, they're more often selling than buying. Sellers are still more in control than buyers.
Over the past 2268 weeks of data, BAX has crossed below its 200-week moving average 28 times. On average, these episodes lasted 23 weeks. Historically, investors who bought BAX at the start of these episodes saw an average one-year return of +16.0%.
With a market cap of $8.3 billion, BAX is a mid-cap stock. The company generates a free cash flow yield of 29.3%, which is notably high. Return on equity stands at -13.7%. The stock trades at 1.4x book value.
Over the past 33.2 years, a hypothetical investment of $100 in BAX would have grown to $431, compared to $2683 for the S&P 500. BAX has returned 4.5% annualized vs 10.4% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -17.5% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: BAX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BAX Crosses Below the Line?
Across 17 historical episodes, buying BAX when it crossed below its 200-week moving average produced an average return of +5.2% after 12 months (median +11.0%), compared to +14.5% for the S&P 500 over the same periods. 59% of those episodes were profitable after one year. After 24 months, the average return was +22.2% vs +37.1% for the index.
Each line shows $100 invested at the moment BAX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BAX has crossed below its 200-week MA 28 times with an average 1-year return of +16.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1983 | Dec 1983 | 3 | 4.1% | -41.0% | +735.5% |
| Jan 1984 | Mar 1986 | 112 | 39.0% | -38.5% | +709.1% |
| Mar 1986 | Apr 1986 | 1 | 1.3% | +39.1% | +826.2% |
| Apr 1986 | May 1986 | 1 | 0.2% | +37.9% | +813.7% |
| Jun 1986 | Jul 1986 | 4 | 3.6% | +33.7% | +809.0% |
| Aug 1986 | Oct 1986 | 9 | 14.9% | +50.2% | +834.3% |
| Nov 1986 | Nov 1986 | 1 | 1.6% | +31.3% | +842.1% |
| Sep 1988 | Jan 1989 | 17 | 12.1% | +26.9% | +786.4% |
| Feb 1989 | Mar 1989 | 2 | 1.8% | +29.3% | +750.7% |
| Apr 1989 | Apr 1989 | 2 | 0.9% | +21.4% | +733.5% |
| Apr 1990 | Apr 1990 | 1 | 0.8% | +72.7% | +648.9% |
| Jul 1993 | Aug 1994 | 59 | 25.0% | +2.3% | +381.0% |
| Oct 1994 | Dec 1994 | 10 | 7.1% | +59.7% | +353.2% |
| Jul 2002 | Feb 2005 | 135 | 51.3% | -16.6% | +46.6% |
| Mar 2005 | Apr 2005 | 5 | 3.2% | +15.8% | +29.8% |
| Mar 2009 | Apr 2009 | 1 | 0.8% | +22.2% | -14.9% |
| Apr 2009 | May 2009 | 2 | 2.4% | +4.7% | -14.0% |
| Jun 2009 | Jun 2009 | 2 | 4.2% | -11.2% | -13.0% |
| Apr 2010 | Mar 2011 | 48 | 23.9% | +17.7% | -17.8% |
| Aug 2011 | Aug 2011 | 1 | 2.7% | +16.9% | -23.9% |
| Nov 2011 | Jan 2012 | 9 | 9.4% | +34.5% | -22.5% |
| May 2012 | Jun 2012 | 5 | 3.8% | +45.6% | -25.1% |
| Sep 2015 | Oct 2015 | 4 | 4.0% | +39.5% | -44.7% |
| Jan 2016 | Jan 2016 | 1 | 0.3% | +33.9% | -45.9% |
| Aug 2021 | Aug 2021 | 4 | 3.1% | -20.6% | -76.1% |
| Nov 2021 | Nov 2021 | 1 | 1.1% | -25.4% | -76.7% |
| Mar 2022 | Mar 2022 | 3 | 1.6% | -49.5% | -77.0% |
| Apr 2022 | Ongoing | 206+ | 56.3% | Ongoing | -76.9% |
| Average | 23 | — | +16.0% | — |
Frequently Asked Questions
Is BAX below its 200-week moving average?
Yes. As of 2026-03-20, Baxter International Inc. (BAX) is trading 55.2% below its 200-week moving average of $36.08. The current price is $16.15.
What is BAX's 200-week moving average price?
Baxter International Inc.'s 200-week moving average is $36.08 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when BAX drops below its 200-week moving average?
BAX has crossed below its 200-week moving average 28 times in our data. On average, buying at that moment produced a one-year return of +16.0%. These dips have historically been decent entry points. These episodes lasted 23 weeks on average.
Is BAX a good value right now?
Here's what our data says about BAX as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 40. Free cash flow yield is 29.3%. Return on equity is -13.7%. Price-to-book is 1.4x. This is not a buy or sell recommendation — always do your own research.
How does BAX compare to the S&P 500?
Over the past 33.2 years, $100 invested in BAX would have grown to $431, compared to $2683 for the S&P 500. That's 4.5% annualized vs 10.4% for the index. BAX has underperformed the broader market over this period.
Does BAX pay a dividend?
Yes. Baxter International Inc. currently pays a dividend yield of 223.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20