Boston Scientific Corporation (BSX) Is A Great Bargain Stock To …

Boston Scientific Corporation (NYSE:BSX) has a beta value of 0.79 and has seen 1.45 million shares traded in the recent trading session. The company, currently valued at £68.94B, closed the recent trade at £48.50 per share which meant it gained £0.17 on the day or 0.35% during that session. The BSX stock price is -1.48% off its 52-week high price of £49.22 and 27.88% above the 52-week low of £34.98.

If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.85 million shares traded. The 3-month trading volume is 7.43 million shares. The consensus among analysts is that Boston Scientific Corporation (BSX) is a Buy stock at the moment, with a recommendation rating of 1.80.

0 analysts rate the stock as a Sell, while 4 rate it as Overweight.

4 out of 29 have rated it as a Hold, with 21 advising it as a Buy.

0 have rated the stock as Underweight. The expected earnings per share for the stock is £0.43. Sporting 0.35% in the green today, the stock has traded in the red over the last five days, with the highest price hit on Monday, 03/27/23 when the BSX stock price touched £48.50 or saw a rise of 1.46%.

Year-to-date, Boston Scientific Corporation shares have moved 4.82%, while the 5-day performance has seen it change -0.70%. Over the past 30 days, the shares of Boston Scientific Corporation (NYSE:BSX) have changed 3.59%. Short interest in the company has seen 13.23 million shares shorted with days to cover at 1.86.

Wall Street analysts have a consensus price target for the stock at £53.36, which means that the shares’ value could jump 9.11% from the levels at last check today. The projected low price target is £45.00 while the price target rests at a high of £59.00. In that case, then, we find that the latest price level in today’s session is -21.65% off the targeted high while a plunge would see the stock lose 7.22% from the levels at last check today.

Boston Scientific Corporation (BSX) estimates and forecasts

Figures show that Boston Scientific Corporation shares have underperformed across the wider relevant industry.

The company’s shares have gained 26.43% over the past 6 months, with this year growth rate of 11.70%, compared to 15.60% for the industry. Other than that, the company has, however, increased its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are 10.30% and 9.10% for the next quarter.

Revenue growth from the last financial year stood is estimated to be 6.80%.

19 analysts offering their estimates for the company have set an average revenue estimate of £3.16 billion for the current quarter.

19 have an estimated revenue figure of £3.44 billion for the next quarter concluding in Jun 2023. Year-ago sales stood £3.03 billion and £3.24 billion respectively for this quarter and the next, and analysts expect sales will grow by 4.30% for the current quarter and 6.00% for the next. If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8.40% over the past 5 years.

Earnings growth for 2023 is a modest -35.10% while over the next 5 years, the company’s earnings are expected to increase by 11.04%.

BSX Dividends

Boston Scientific Corporation is expected to release its next earnings report between April 25 and May 01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Boston Scientific Corporation (NYSE:BSX)’s Major holders

Insiders own 0.22% of the company shares, while shares held by institutions stand at 94.12% with a share float percentage of 94.33%. Investors are also buoyed by the number of investors in a company, with Boston Scientific Corporation having a total of 1,383 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 127.36 million shares worth more than £4.93 billion.

As of Sep 29, 2022, Blackrock Inc. held 8.89% of shares outstanding. The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 116.89 million shares as of Sep 29, 2022. The firm’s total holdings are worth over £4.53 billion and represent 8.16% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund.

As of Sep 29, 2022, the former fund manager holds about 2.98% shares in the company for having 42.69 million shares of worth £1.65 billion while later fund manager owns 32.45 million shares of worth £1.26 billion as of Sep 29, 2022, which makes it owner of about 2.27% of company’s outstanding stock.

dermalogica listed on couponmatrix.ukhappy-socks listed on couponmatrix.ukprobikekit listed on couponmatrix.uksecret-spa listed on couponmatrix.uksport-and-leisure listed on couponmatrix.uktoner-giant listed on couponmatrix.uk
dermalogica listed on couponmatrix.ukYour skin never comes second with Dermalogica, the brand founded by experts to address skin ailments of every variety. With an aim to support skin health through a wide array of botanical ingredients, every customer is welcome to use a Dermalogica discount code to cut the cost of whatever dermatological treatments they deserve. Whether you’re looking to address your own dry patches or your teenage kid’s breakouts, Dermalogica is on hand to help soothe skin to perfection.
happy-socks listed on couponmatrix.ukThanks to Happy Socks, dull, black, grey and white socks are now banished to the drawer of history - replaced by endless varieties of fun, vibrant, stylish and colourful designs. That means you'll be wanting to shop for socks more often, so you'll need our Happy Socks discount code to make sure you aren't forced to choose between your favourites. There are socks for ladies, gents, kids and even limited edition products to enjoy - so get ready to inject some serious style into your sock collection, and keep your feet looking fabulous at all times.
probikekit listed on couponmatrix.ukWhip your bike into shape for the road with the diverse range of quality cycling gear available at ProBikeKit, and get set to experience the ride of your life. Elevate your road cycling experience with components, clothing and accessories from some of the best brands in the business - just don’t forget to add a ProBikeKit discount code to your shop to cut the cost of your haul! From tough tires and pro maintenance tools to training tech and supplements, ProBikeKit has everything you need to keep yourself at the peak of your game.
secret-spa listed on couponmatrix.ukBringing your favourite beauty treatments within the comfort and convenience of your home, Secret Spa connects customers with expert beauticians who are all too happy to pay a home visit. With the ability to book multiple treatments in a single day, feel free to use a Secret Spa discount code to cut the cost of a deluxe day’s treatment. From quality skin massages to haircuts and manicures, pamper yourself silly with Secret Spa.
sport-and-leisure listed on couponmatrix.ukSport and Leisure UK is one of the UK's leading providers of sports and workout equipment. They offer a wide range of products for both men and women, including fitness and games equipment, as well as products for leisure such as barbecues and massage products. Sport and Leisure UK also has a strong online presence, with a website that offers a wealth of information on their products and services. Use a Sport and Leisure UK discount code which can be used to save money on their products and services, happy shopping! At Groupon, we understand that everyone loves a good bargain. That's why we work hard to find the best discount codes and deals for Sport and Leisure UK products. Investing in workout equipment can be a costly endeavour, that’s why we scour the internet for codes that will save you money on your purchase, so make sure to check our page regularly for the best price on before you place your order! The Sport and Leisure UK voucher code can be used on a wide range of products, but some of our favourites include the fitness equipment, games equipment and leisure products. The voucher code can be used at checkout when making a purchase, and you will see the savings automatically applied to your order. Discount codes are usually valid for a limited time only so make sure to use them before they expire!
toner-giant listed on couponmatrix.ukIf you're on the hunt for some top quality printing goods, look no further than Toner Giant for everything from paper to printers. Don't forget to use a Toner Giant voucher to discount that order and soon you'll be making unbelievable savings, so you can restock that office without blowing your budget. And the best part is, if you place your order before 5:30pm you can get next working day delivery!