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A look at a High Market Cap Stock: Boston Scientific Corporation, BSX

Boston Scientific Corporation, BSX is in the exchange NYSE and its industry is Medical Appliances & Equipment in the sector of Healthcare. Based in USA, Boston Scientific Corporation, BSX  has a market cap of 32740.49. Since its IPO date on the 5/19/1992, Boston Scientific Corporation, BSX performance year to date is 30.80%. Today Boston Scientific Corporation, BSX has gained -0.04%, with a current price of 24.11.

Ownership of the company is 0.50% for insider ownership while institutional ownership is 94.20%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at -1.90%, with return on investment at 0.70%.

In terms of debt levels and profit levels, Boston Scientific Corporation, BSX is seeing a long-term debt/equity of 0.83. While Total debt/equity is 0.87. With a profit margin of -4.30%, this is combined with a gross margin of 71.10%, and operating margin of -7.70%. Boston Scientific Corporation ability to meet debt levels, with a current ratio of 1, while the quick ratio is 0.7.

For the last year Boston Scientific Corporation, BSX has seen a EPS growth of -98.30%. A performance for the year of 47.52%. The 52-week high is -2.74%, and the 52-week low is 70.03%. The average volume for Boston Scientific Corporation, BSX is 2980994.

With a target price of 27.26, can Boston Scientific Corporation, BSX reach this target? Looking at the value indicators of Boston Scientific Corporation, BSX. Boston Scientific Corporation has a P/E of *TBA and a forward P/E of 19.22. Perhaps the more useful indicator than P/E, is PEG which has a value of *TBA. Boston Scientific Corporation also has a P/S and a P/B of 4.12 and 5.27 respectively. For P/cash, Boston Scientific Corporation has a value of 74.75, while it is 45.66 for P/free cash flow.

At the current price of 24.11, Boston Scientific Corporation has a dividend yield of *TBA. We see a return on equity of -5.40%.

Looking more long-term Boston Scientific Corporation, is projected to get an EPS growth for the next five years of 13.07%. In the short-term an EPS growth of 14.09% in the next year is forecasted. This is after a EPS growth of -98.30% for this year and for the last five years a 24.00% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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