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Boston Scientific (BSX)
NYSE:BSX
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BSX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$48.35 - $84.89
Previous Close$83.82
Volume4.24M
Average Volume (3M)5.48M
Market Cap
$123.44B
Enterprise Value$131.33B
Total Cash (Recent Filing)$2.91B
Total Debt (Recent Filing)$10.57B
Price to Earnings (P/E)67.8
Beta0.69
Next Earnings
Oct 23, 2024EPS Estimate
$0.59Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.24
Shares Outstanding1,472,626,135
10 Day Avg. Volume4,850,603
30 Day Avg. Volume5,481,556
Standard Deviation0.06
R-Squared0.41
Alpha0.00425
Financial Highlights & Ratios
Price to Book (P/B)6.06
Price to Sales (P/S)8.17
Price to Cash Flow (P/CF)38.30
P/FCF Ratio43.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.62
Enterprise Value/Gross Profit13.27
Enterprise Value/Ebitda35.99
Forecast
1Y Price Target
$88.41Price Target Upside4.58% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
Boston Scientific News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceBoston Scientific's strong organic sales growth and increased full-year guidance highlight its robust financial performance and potential for future revenue growth.
Global Market ExpansionBoston Scientific's recent approval for Farapulse in China and pending approval in Japan showcase its expanding global footprint and growth potential.
Transcatheter Aortic Valve Replacement (TAVR)Boston Scientific's presentation of Transcatheter Aortic Valve Replacement data at a major conference indicates potential for significant growth in the US market.
Bears Say
Competitive PressuresCompetition intensifies for Boston Scientific's Emblem S-ICD as Medtronic introduces its Aurora EV-ICD to the market.
Market Growth ConcernsAnalysts express caution about the sustainability of market growth, advising a hold rating until more stable trends are observed.
Regulatory ChallengesBoston Scientific did not file an NTAP application for Farapulse, missing a potential opportunity due to anticipated delays in securing FDA approval.
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Ownership Overview
0.19% Insiders
30.25% Mutual Funds
0.03% Other Institutional Investors
50.57% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BSX FAQ
What was Boston Scientific’s price range in the past 12 months?
Boston Scientific lowest stock price was $48.35 and its highest was $84.89 in the past 12 months.
What is Boston Scientific’s market cap?
Currently, no data Available
When is Boston Scientific’s upcoming earnings report date?
Boston Scientific’s upcoming earnings report date is Oct 23, 2024 which is in 18 days.
How were Boston Scientific’s earnings last quarter?
Boston Scientific released its earnings results on Jul 24, 2024. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.583 by $0.037.
Is Boston Scientific overvalued?
According to Wall Street analysts Boston Scientific’s price is currently Undervalued.
Does Boston Scientific pay dividends?
Boston Scientific does not currently pay dividends.
What is Boston Scientific’s EPS estimate?
Boston Scientific’s EPS estimate is $0.59.
How many shares outstanding does Boston Scientific have?
Boston Scientific has 1,472,626,100 shares outstanding.
What happened to Boston Scientific’s price movement after its last earnings report?
Boston Scientific reported an EPS of $0.62 in its last earnings report, beating expectations of $0.583. Following the earnings report the stock price went down -1.056%.
Which hedge fund is a major shareholder of Boston Scientific?
Among the largest hedge funds holding Boston Scientific’s share is PRIMECAP Management Co. It holds Boston Scientific’s shares valued at 3B.
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Boston Scientific Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$88.41 (4.58% Upside)
$88.41 (4.58% Upside)
Blogger Sentiment
Bullish
BSX Sentiment 71%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 724.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 6.4%
Last 30 Days ▲ 6.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
62.63%
12-Months-Change
Fundamentals
Return on Equity
9.46%
Trailing 12-Months
Asset Growth
10.44%
Trailing 12-Months
Company Description
Boston Scientific
Boston Scientific Corporation engages in the manufacturing of medical devices and products that are used in various interventional medical specialties worldwide. The company provides implantable devices including heart monitors, technologies for treating coronary artery disease and other cardiovascular disorders, and devices for diagnosing and treating gastrointestinal and pulmonary problems.
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BSX Company Deck
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BSX Earnings Call
Q2 2024
0:00 / 0:00
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BSX Revenue Breakdown
61.93% Cardiovascular
38.08% MedSurg
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BSX Stock 12 Month Forecast
Average Price Target
$88.41
▲(4.58% Upside)
Technical Analysis
Best Analysts Covering BSX
1 Year
1 Year Success Rate
21/21 ratings generated profit
1 Year Average Return
+30.54%
reiterated a buy rating 16 days ago
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