Research Report For Boston Scientific Corporation (BSX)

Bloomberg News		A news report says Boston Scientific Corp. could be a takeover target

BSX has been the topic of several recent research reports. These shares are worth $152,900 and were traded at $30.58 each. Stifel Nicolaus maintained the shares of BSX in report on Wednesday, April 25 with "Buy" rating.

Shares of Boston Scientific opened at $31.95 on Thursday, MarketBeat Ratings reports. Orrstown Financial holds 0% or 73 shares in its portfolio. Hbk Invs L P holds 0.17% of its portfolio in Boston Scientific Corporation (NYSE:BSX) for 635,000 shares. Ww Asset Mngmt has 0.12% invested in Boston Scientific Corporation (NYSE:BSX) for 92,622 shares. The ROIC Quality of Boston Scientific Corporation (NYSE:BSX) is 7.851977. Bridgewater Assoc LP owns 100,850 shares. Boston Scientific Corp had 21 analyst reports since December 12, 2017 according to SRatingsIntel. State Street has 51.61M shares for 0.12% of their portfolio. This public company's stock also has a beta score of 0.78.

Though it has recently stressed to investors its ability to innovate new technologies, over the years Boston Scientific has grown through acquisitions. Also, EVP Kevin J. Ballinger sold 42,803 shares of the business's stock in a transaction that occurred on Wednesday, March 14th. Thepaut Eric Francis Yves had sold 20,015 shares worth $603,368. Raymond James Assocs reported 491,204 shares. The company had revenue of $2.38 billion during the quarter, compared to the consensus estimate of $2.34 billion. The insider Fitzgerald Joseph Michael sold 85,227 shares worth $2.26 million. Boston Scientific Corporation (NYSE:BSX) presently has a 10 month price index of 1.13862. It has gross profit margin ratio of 72.20% for trailing twelve months and operating margin is calculated as 14.30%; these are a better detectors to find consistency or positive/negative trends in a firm's earnings. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.36 average brokerage recommendation. The stock stands almost 2.47% off versus the 52-week high and 30.2% away from the 52-week low. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock was last seen 2.96% higher, reaching at $31.95 on 06/08/2018. About 9.80M shares traded or 30.83% up from the average. Boston Scientific Corporation (NYSE:BSX) has risen 11.19% since June 10, 2017 and is uptrending. It has underperformed by 1.38% the S&P500. During the same period in the previous year, the firm posted $0.29 earnings per share. BSX's profit will be $469.14 million for 24.99 P/E if the $0.34 EPS becomes a reality. The medical equipment provider reported $0.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.01. Therefore 81% are positive. A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return.

Boston Scientific, headed by US-based CEO Mike Mahoney, employs more than 3,000 in Ireland, which is home to three of its five European plants, in Galway, Cork and Clonmel, Co Tipperary. As per Wednesday, April 25, the company rating was maintained by Jefferies. Truewealth LLC acquired a new position in shares of Boston Scientific during the fourth quarter worth $116,000. Piper Jaffray Companies initiated coverage on Boston Scientific in a research note on Friday, February 23rd. Stifel Nicolaus has "Buy" rating and $3300 target. As per Tuesday, December 12, the company rating was maintained by BMO Capital Markets. The company's Market capitalization is $43.98B with the total Outstanding Shares of 1.38B. Currently, Boston Scientific Corporation (NYSE:BSX) has a 200-day MA of 28.05, and a 50-day of 29.55. On Tuesday, January 16 the stock rating was maintained by Needham with "Buy". The rating was maintained by Leerink Swann on Thursday, April 26 with "Outperform".


Following the report, Boston Scientific shares rose about 11 percent on the New York Stock Exchange to $35.46 before they settled back to close at $34.32, up 7.42 percent.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company has market cap of $46.89 billion. It operates through three segments: Cardiovascular, Rhythm Management, and MedSurg. It has a 420.39 P/E ratio. The firm offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; percutaneous coronary interventions therapy products to treat atherosclerosis; intravascular catheter-directed ultrasound imaging catheters, fractional flow reserve devices, and systems for use in coronary arteries and heart chambers, as well as certain peripheral vessels; and structural heart therapy systems.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Related News:

  • Don’t Be Afraid to Talk With Someone

    Don’t Be Afraid to Talk With Someone

    Other problems, such as relationship issues, alcoholism or substance abuse or financial struggles push many people over the edge. To see more, visit KCUR 89.3 . "There are 100-plus studies around the world showing this correlation", he says.
    Ewan McGregor to Play Adult Danny Torrance in Doctor Sleep

    Ewan McGregor to Play Adult Danny Torrance in Doctor Sleep

    The outlet notes that author Stephen King has given his blessing to McGregor's casting. Ewan McGregor is checking into the Overlook Hotel.

    USA, Canada and Mexico to host football World Cup 2026

    The 2026 World Cup is to be the first to feature 48 teams, compared to the 32 that are to compete in Russian Federation and Qatar. Another three are cities that will have expansion teams coming into MLS. "Thank you so, so very much for this incredible honor".
  • Sachin Tendulkar wants more opportunities for minnows after Scotland win

    Sachin Tendulkar wants more opportunities for minnows after Scotland win

    Anyone here or watching could see the energy from the crowd and what passion there is for cricket up here. It was an outstanding game and the guys did unbelievably well to knock over the No.1 side in the world.
    Microsoft Office update brings simplified design, better search

    Microsoft Office update brings simplified design, better search

    Microsoft isn't the only technology giant that has been brushing up the interfaces of some of its most popular products. This functionality is already present in the Outlook mobile app , Office.com, and SharePoint Online.
    Tesla cuts 9 percent of workforce in bid to post profit

    Tesla cuts 9 percent of workforce in bid to post profit

    The report comes amidst other significant news becoming public, that the company is laying off almost 10% of its workforce. Tesla shares rose 2.5 percent to $340.34 in afternoon trading, after reaching as high as $354.97 around noon.
  • Morocco and roll: dice were stacked against ‘African’ bid

    Morocco and roll: dice were stacked against ‘African’ bid

    At least that's the prediction of Achilles, a cat in St Petersburg reputed to have psychic powers. Jevne admitted that co-hosting 2026 World Cup would make the press box upgrades a priority.
    Samsung Galaxy Note 9 To Come With A 4000mAh Battery

    Samsung Galaxy Note 9 To Come With A 4000mAh Battery

    Samsung asked users around the world to "immediately" return their existing Galaxy Note 7 and get a replacement. The new phone is expected to come with a 3,850 or 4,000 mAh battery, bigger than its predecessor's 3,300 mAh.
    New Zealand's Kerr hits world record 232 not out against Ireland

    New Zealand's Kerr hits world record 232 not out against Ireland

    Wellington-born Amelia made her debut in 2016 against Pakistan and has represented New Zealand in 19 ODIs and nine T20Is so far. Kerr, whose highest ODI score before this series had been 30, signed for Kia Super League side Southern Vipers in May.
  • Detained immigrant takes his own life in Texas jail cell

    Detained immigrant takes his own life in Texas jail cell

    Representatives from the Starr County Sheriff's Office did not return multiple calls and emails for comment on Saturday. Officers booked Muñoz at almost 10:00 p.m. on May 12 and reportedly checked on the man every 30 minutes.

    North Korea praises Donald Trump's 'enthusiasm' after historic summit

    According to the reviews, Trump didn't get much, including what he'd asked for. There is no longer a Nuclear Threat from North Korea ...
    Toddlers could be consuming more sugar than recommended for adults, study finds

    Toddlers could be consuming more sugar than recommended for adults, study finds

    As for children under the age of 2, it is recommended that they avoid eating foods containing added sugar altogether. Factoring in added sugar taken with coffee, tea, and alcoholic beverages, the number gets bumped up to 47 percent.


Most liked

E3 2018: Black Ops 3 Free on PlayStation Plus Tonight
Previously the Black Ops 4 FAQ did say that content which is part of the Black Ops pass can not be purchased separately. Interestingly, this was the first year in quite a while that Call of Duty didn't spend much time in the spotlight.

SNP MPs walk out of Commons after Blackford Bercow clash over Brexit
As Blackford left, he was joined by his colleagues, some of whom jeered and gesticulated at the Conservative MPs opposite. The SNP claimed it had gained 1,100 new members in the hours after the clash at Prime Minister's Questions.

US Oil Production Jumps, Eyes 11 Million; Trump Hits OPEC On Prices
But infrastructure and logistics could constrain growth and the IEA only sees supply growth of 1.7 million bpd in 2019. There were already signs of a slowdown in the growth of global trade volumes, the IEA said, which was "a concern ".

Polio re-emerges in Venezuela almost 30 years after eradication
He criticized officials in the government of Venezuelan President Nicolas Maduro for waiting more than a month to notify PAHO . The health organization adds that in a small number of cases, polio can cause paralysis that is often permanent.

Nike Won't Supply Iran With Cleats for FIFA World Cup
Team Melli' or Iran national football national team are among the first country to reach Russian Federation where the Fifa World cup is being hosted.

Shy teen earns Golden Buzzer with soulful performance on ‘America’s Got Talent’
She has also sung locally in Hartlepool, but America's Got Talent opens up a whole new audience for the schoolgirl. It's not her first foray into talent shows, after being pipped at the post on The Voice Kids UK .

Lawmaker urges Russian women to be vigilant with WCup fans
Pletneva previously criticised the #MeToo campaign against sexual harassment, tentatively spreading in Russian Federation . Her comments drew criticism and ridicule. "I hope not", she said.

India v/s Afghanistan Test match
We have to look and see what happens. but his professionalism will help him to adjust and am sure he will come out well". The Mumbai batsman will go down in history as the opposing captain in Afghanistan's debut Test match.

Sarah Sanders, Raj Shah Latest Trump Staffers Said to Be Eyeing Exit
Several White House staffers have left the administration over the last several months, some voluntarily and some involuntarily. Communications director Anthony Scaramucci was sacked last summer after a brief stint at the White House.

New Delhi wants North Korea-Pakistan nuclear axis addressed
Opposition Leader Bill Shorten agreed the summit was a positive step forward, "even if some of the images were certainly unusual". USA war games in South Korea are a big source of tension between the two sides, with Trump conceding they are " provocative ".

United Nations votes by strong majority to condemn Israel over Gaza violence
"It is despicable for any country to even consider to vote for a resolution condemning Israel while refusing to support the condemnation of Hamas ", he said .

Kansas City In The Running To Host World Cup Soccer In 2026
BS: Not only gifts to potential voters but also the bidders offering to build a stadium in your country in exchange for your vote. Launched on June 1, 2016, Daily Hive is the evolution of Vancity Buzz and is now in Vancouver, Calgary, Toronto, and Montreal.

President Trump, Kim Jong Un meet for historic summit in Singapore
Secretary of State Mike Pompeo told reporters on Monday the administration is open to giving them - under the right conditions. Lashing out over trade practices, Trump lobbed insults at his G-7 host, Canadian Prime Minister Justin Trudeau .

Trump Kim summit: U.S. and North Korean leaders hold historic talks
Pompeo, who led the outreach as Central Intelligence Agency director, traveled twice to North Korea for preliminary talks. The official cautioned, however, that the schedule could always change if meeting goes well and there is more to discuss.

Final preparations begin for Trump-Kim high-stakes summit
Part of the interest in Tuesday's summit is simply because Kim has had limited appearances on the world stage. The two leaders have had an extraordinary up-and-down relationship over the past 18 months.