Boston Scientific Corp [BSX] stock prices are up 0.06% to $88.77 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BSX shares have gain 2.70% over the last week, with a monthly amount glided 2.30%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Boston Scientific Corp [NYSE: BSX] stock has seen the most recent analyst activity on October 18, 2024, when Needham downgraded its rating to a Hold. Previously, Goldman started tracking the stock with Buy rating on May 30, 2024, and set its price target to $90. On February 01, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $80 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $59 on July 19, 2023. CL King initiated its recommendation with a Buy and recommended $64 as its price target on June 30, 2023. In a note dated March 29, 2023, UBS initiated an Buy rating and provided a target price of $57 on this stock.
The stock price of Boston Scientific Corp [BSX] has been fluctuating between $52.99 and $89.00 over the past year. Currently, Wall Street analysts expect the stock to reach $74.89 within the next 12 months. Boston Scientific Corp [NYSE: BSX] shares were valued at $88.77 at the most recent close of the market. An investor can expect a potential drop of -15.64% based on the average BSX price forecast.
Analyzing the BSX fundamentals
The Boston Scientific Corp [NYSE:BSX] reported sales of 15.91B for trailing twelve months, representing a surge of 19.34%. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.53.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 88.52 points at the first support level, and at 88.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 89.16, and for the 2nd resistance point, it is at 89.55.
Ratios To Look Out For
It’s worth pointing out that Boston Scientific Corp [NYSE:BSX]’s Current Ratio is 1.48. As well, the Quick Ratio is 1.02, while the Cash Ratio is 0.42. Considering the valuation of this stock, the price to sales ratio is 8.22, the price to book ratio is 6.32 and price to earnings (TTM) ratio is 73.42.
Transactions by insiders
Recent insider trading involved Sorenson John Bradley, EVP, Global Operations, that happened on Nov 08 ’24 when 30580.0 shares were sold. Officer, JOHN B SORENSON completed a deal on Nov 08 ’24 to buy 30580.0 shares. Meanwhile, Chairman, President & CEO Mahoney Michael F sold 0.16 million shares on Nov 05 ’24.
