Stock Updates

Boston Scientific Corporation (NYSE: BSX) – Is this large market cap stock undervalued?

Boston Scientific Corporation (NYSE: BSX), is firmly in the large market cap category with market cap of 31542.19. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Boston Scientific Corporation is 23.13 (with a change from open of 0.43%), this in conjunction with a target price of *TBA. Volume today has so far reached 5501691, with an average volume of about 7776.14. The GAP for this stock, is -0.65%.

The P/E ratio is *TBA, bringing the forward P/E to a value of 18.34. The current EPS for Boston Scientific Corporation, is -0.26, with a EPS growth for this year coming to a value of -98.30%. Performance has been interesting with performance year to date coming to 25.70%.

Looking further into the growth statistics for Boston Scientific Corporation, EPS is looking like it will grow 14.80% in the next year. Looking even further it is projected to be 11.83%. Quarter over quarter is -303.60% for EPS growth and for sales growth quarter over quarter it is 15.40%. Looking at past EPS growth statistics we see that for the past five years it has been 24.00%. Sales growth for the past five years has in fact been -0.90%.

Looking at the ownership, we see that the insider ownership is at 0.20% and institutional ownership is 94.00%. Shares outstanding is 1360.75, while shares float is at a value of 1349.49. Float short for Boston Scientific Corporation is 1.24% and the short ratio is 2.15.

In terms of debt, long term debt/equity is 0.83, while the total debt/equity comes to 0.87. The ability to meet these debts, means that the current ratio is 1, and the quick ratio is 0.7. The most recent gross margin is 71.10% and their operating margin is -7.70%. The profit margin is -4.30%.

Boston Scientific Corporation has seen returns on assets of -1.90%, and on investment, 0.70%. Return on equity is -5.40%. Price/Earnings to growth ratio is *TBA. Price/Sales ratio is at a value of 3.96, with Price/book ratio coming to 5.06 and Price/cash is 72.01, and finally Price/Free cash Flow is 43.99.

The simple moving averages are -2.79% and 9.47% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -6.70% and the 52 week low is 47.61%.

Boston Scientific Corporation has a dividend yield of *TBA, with a current price of 23.13. The ability to pay this means the payout ratio is *TBA. This is in an industry, Medical Appliances & Equipment, with equally high dividends from other companies in this sector, which it is Healthcare. Boston Scientific Corporation is based in USA.

Performance in the Medical Appliances & Equipment industry means that Boston Scientific Corporation has seen performance for the past week of -1.07%, with performance for the month coming to -0.34%. Looking at the data for the quarter it is at a value of -2.52%, and for the half year the performance is 38.55%. Volatility for this week is 1.63% and for the month this is 1.73%.

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

Leave a Comment