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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 32140.72. 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 23.65 (with a change from open of 0.21%), this in conjunction with a target price of . Volume today has so far reached 1852688, with an average volume of about 9423.68. The GAP for this stock, is 0.43%.

The P/E ratio is , bringing the forward P/E to a value of 18.68. 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 27.44%.

Looking further into the growth statistics for Boston Scientific Corporation, EPS is looking like it will grow 14.26% in the next year. Looking even further it is projected to be 13.07%. 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 0.40% and institutional ownership is 94.20%. Shares outstanding is 1367.69, while shares float is at a value of 1349.48. Float short for Boston Scientific Corporation is 1.22% and the short ratio is 1.74.

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 . Price/Sales ratio is at a value of 4.04, with Price/book ratio coming to 5.13 and Price/cash is 73.38, and finally Price/Free cash Flow is 44.83.

The simple moving averages are -1.16% and 14.38% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -4.60% and the 52 week low is 50.93%.

Boston Scientific Corporation has a dividend yield of , with a current price of 23.65. The ability to pay this means the payout ratio is . 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 -0.04%, with performance for the month coming to -1.67%. Looking at the data for the quarter it is at a value of 4.49%, and for the half year the performance is 36.63%. Volatility for this week is 2.34% and for the month this is 1.69%.

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.

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Tony Dabbs

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