Does The Data Supplment Boston Scientific Corporation (NYSE:BSX) Movement?


Boston Scientific Corporation (NYSE:BSX) closed its last session at $26.81. The stock traded within a range of $25.93 and $26.91. The company operates in the Healthcare sector with a market capitalization of 36.78 Million. Trading volume for Boston Scientific Corporation was 7.91 Million in its previous trading session. Currently, Boston Scientific Corporation (NYSE:BSX) has an average volume of 9.88 Million.

Company Profile

Boston Scientific Corporation transforms lives through innovative medical solutions that improve the health of patients around the world. As a global medical technology leader they advance science for life by providing a broad range of high performance solutions that address unmet patient needs and reduce the cost of healthcare.

Analyst Views

Boston Scientific Corporation (NYSE:BSX) received a Buy rating from 4 analysts. 0 analysts gave its stock an Outperform rating. 4 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Boston Scientific Corporation (NYSE:BSX) touched its 1-Year High price of $29.93 on 10/23/17 and its 1-Year Low price of $23.29 on 02/23/17.

EPS & Financials

Boston Scientific Corporation (NYSE:BSX) reported its EPS in the last quarter as $0.34/Share lagging the analyst estimate of $0.34/Share by a difference of $0. This showed a surprise of 0% in the last quarter earnings.

For the current quarter, 22 analysts are projecting a mean EPS of $0.32/share. According to their observations and findings, the stock could provide a high EPS of $0.33/share and a low EPS of $0.31/share.

Analysts believe that the company has the potential to earn average revenue of $2.34 Billion for the current quarter. According to their predictions high & low revenue estimates are 2.38 Billion and 2.32 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Boston Scientific Corporation (NYSE:BSX) has a 20-Day average volume of 9.01 Million. According to today’s trading volume Boston Scientific Corporation is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 0.3 Percent and Institutional ownership of 94.2 Percent. The return on assets stands at 4.3%, Return on Equity currently is 11% and the Return on Investment value is 5.1%.

Boston Scientific Corporation (NYSE:BSX) gross margin percentage stands at 71.7% while its operating margin for the past trailing twelve month is 11.9 percent and its overall profit margin (ttm) is 8.7 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -1.54% with a 50-Day Simple Moving Average of 1.76 percent. As of today, the company has a SMA200 (200-day simple moving average) of -2.23 Percent. The Stock has YTD (year to date) performance of 8.15 percent.

The TTM operating margin for the company stands at 11.9%. The return on invested capital is at 5.1%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 46.04.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -2.23%, and has a solid year to date (YTD) performance of 8.15% which means that the stock is constantly adding to its value from the previous fiscal year end price.