Boston Scientific Corporation (BSX)

NYSE: BSX · IEX Real-Time Price · USD
76.55
+0.14 (0.18%)
At close: Jul 2, 2024, 4:00 PM
76.03
-0.52 (-0.68%)
After-hours: Jul 2, 2024, 7:50 PM EDT
0.18%
Market Cap 112.54B
Revenue (ttm) 14.71B
Net Income (ttm) 1.77B
Shares Out 1.47B
EPS (ttm) 1.19
PE Ratio 64.33
Forward PE 31.69
Dividend n/a
Ex-Dividend Date n/a
Volume 2,275,995
Open 76.39
Previous Close 76.41
Day's Range 75.91 - 76.73
52-Week Range 48.35 - 77.99
Beta 0.81
Analysts Strong Buy
Price Target 77.41 (+1.12%)
Earnings Date Jul 24, 2024

About BSX

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through two segments, MedSurg and Cardiovascular. The company offers devices to diagnose and treat gastrointestinal and pulmonary conditions, such as resolution clips, biliary stent systems, stents and electrocautery enhanced delivery systems, direct visualization systems, digital catheters, and single-use duodenoscopes; devices to treat urological conditions, including ureteral stents, c... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date May 18, 1992
Employees 48,000
Stock Exchange NYSE
Ticker Symbol BSX
Full Company Profile

Financial Performance

In 2023, BSX's revenue was $14.24 billion, an increase of 12.29% compared to the previous year's $12.68 billion. Earnings were $1.57 billion, an increase of 144.55%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for BSX stock is "Strong Buy." The 12-month stock price forecast is $77.41, which is an increase of 1.12% from the latest price.

Price Target
$77.41
(1.12% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Boston Scientific Announces Conference Call Discussing Second Quarter 2024 Results

MARLBOROUGH, Mass. , July 1, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) will webcast its conference call discussing financial results and business highlights for the second quarter...

1 day ago - PRNewsWire

SILK ROAD MEDICAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Silk Road Medical, Inc. - SILK

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Silk Road Medica...

Other symbols: SILK
13 days ago - Business Wire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Silk Road Medical, Inc.

NEW YORK , June 18, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Silk Road Medical, Inc. (NASDAQ: SILK) and its board of directors concerning the propos...

Other symbols: SILK
14 days ago - PRNewsWire

Boston Scientific Buys Silk Road Medical for $1.26 Billion

Shares of Silk Road Medical (SILK) soared in intraday trading Tuesday after Boston Scientific (BSX) announced it was buying the medical device maker for about $1.26 billion.

14 days ago - Investopedia

Boston Scientific Adds Stroke Prevention To Vascular Portfolio Via Silk Road Medical's $1.3B Deal

Tuesday, Boston Scientific Corporation BSX agreed to acquire Silk Road Medical Inc SILK for $27.50 in cash per share, representing an equity value of approximately $1.26 billion.

Other symbols: SILK
14 days ago - Benzinga

Breaking News: Is Silk Road Medical's $27.50 Per Share Sale Price a Fair Deal? Johnson Fistel, LLP Investigates Deal Terms

SAN DIEGO, June 18, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading shareholder rights law firm, announced today that it has initiated an investigation into the board members of Silk Road Medi...

Other symbols: SILK
14 days ago - GlobeNewsWire

Silk Road Medical Stock Soars. It's Being Acquired by Boston Scientific.

Boston Scientific will pay $27.50 a share, or $1.16 billion, for Silk Road Medical.

Other symbols: SILK
14 days ago - Barrons

Boston Scientific to buy Silk Road Medical in $1.16 billion deal

Boston Scientific will acquire medical device maker Silk Road Medical in a $1.16 billion deal, the companies said on Tuesday.

Other symbols: SILK
14 days ago - Reuters

Silk Road Medical stock rallies on Boston Scientific acquisition deal

Silk Road Medical Inc.'s stock SILK, +1.31% was up 22.6% in pre-market trades on Tuesday after it agreed to be acquired by Boston Scientific Corp. BSX, -0.74% for $27.50 a share. The deal values the m...

Other symbols: SILK
14 days ago - Market Watch

Boston Scientific Announces Agreement to Acquire Silk Road Medical, Inc.

Acquisition adds innovative technology for stroke prevention to vascular portfolio MARLBOROUGH, Mass. , June 18, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) today announced it has e...

Other symbols: SILK
14 days ago - PRNewsWire

VelocityEHS Congratulates Boston Scientific, A 2024 Verdantix EHS Innovation Excellence Award Winner

VelocityEHS® celebrates Boston Scientific for being named the 2024 Verdantix EHS Innovation Excellence winner in the category Operational Risk Management.

21 days ago - GlobeNewsWire

What Drove A Nearly 2x Rise In Boston Scientific's Profits?

Boston Scientific Boston Scientific (NYSE: BSX) saw its net income expand by $0.9 billion or 145% y-o-y to $1.6 billion in 2023. This can primarily be attributed to an expansion of its operating margi...

5 weeks ago - Forbes

MODULAR ATP Study of the mCRM™ System Meets Primary Safety and Efficacy Endpoints

Additional data from APPRAISE ATP trial reinforce modular therapy approach with EMBLEM™ Subcutaneous Implantable Defibrillator and EMPOWER™ Leadless Pacemaker MARLBOROUGH, Mass. , May 18, 2024 /PRNews...

6 weeks ago - PRNewsWire

Levi & Korsinsky, LLP Notifies Shareholders of Boston Scientific Corporation (BSX) an Upcoming Claims Deadline in a Class Action Settlement

NEW YORK, NY / ACCESSWIRE / May 16, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Boston Scientific Corporation (NYSE:BSX)...

6 weeks ago - Accesswire

Boston Scientific Elects Dr. Cheryl Pegus to Board of Directors

MARLBOROUGH, Mass. , May 8, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) announced today the election of Dr. Cheryl Pegus to its board of directors, effective immediately.

7 weeks ago - PRNewsWire

Boston Scientific Beats Forecasts, Boosts Outlook on Booming Heart Device Sales

Shares of Boston Scientific (BSX) hit an all-time high Wednesday as the maker of medical equipment reported better-than-anticipated quarterly results and boosted its guidance on demand for its cardiov...

2 months ago - Investopedia

Boston Scientific Stock Rises on More Than Just an Earnings Beat

The medical-device company tops first-quarter sales and profit estimates.

2 months ago - Barrons

Boston Scientific raises annual profit forecast on strong demand for heart devices

Medical device maker Boston Scientific raised its annual profit forecast on Wednesday as the company banks on resilient demand for its heart devices, with post-pandemic elective surgical procedures pi...

2 months ago - Reuters

Boston Scientific's stock jumps 2.7% after earnings top estimates

Boston Scientific Corp.'s stock BSX, +1.43% rose 2.7% early Wednesday, after the medical tech company's first-quarter earnings beat analyst estimates. The company had net income of $495 million, or 33...

2 months ago - Market Watch

Boston Scientific Announces Results for First Quarter 2024

MARLBOROUGH, Mass. , April 24, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated net sales of $3.856 billion during the first quarter of 2024, growing 13.8 percent on a reported...

Other symbols: AXNX
2 months ago - PRNewsWire

FDA classifies recall of Boston Scientific device to treat hemorrhaging as 'most serious'

The U.S. Food and Drug Administration on Wednesday classified a recall of Boston Scientific's device used to block blood flow during excessive bleeding or hemorrhaging as most serious.

2 months ago - Reuters

Boston Scientific Initiates NAVIGATE-PF Study of the FARAWAVE™ Nav Pulsed Field Ablation Catheter and FARAVIEW™ Software Module

MARLBOROUGH, Mass. , April 8, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) has initiated the NAVIGATE-PF study of the FARAVIEW™ Software Module* when it is used to visualize and trac...

3 months ago - PRNewsWire

FTC seeks more information on Boston Scientific's $3.7 bln Axonics deal

Boston Scientific said on Thursday the U.S. Federal Trade Commission (FTC) has requested additional information from the medical device maker related to its $3.7 billion deal to buy Axonics.

Other symbols: AXNX
3 months ago - Reuters

Boston Scientific Announces Conference Call Discussing First Quarter 2024 Results

MARLBOROUGH, Mass. , April 1, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) will webcast its conference call discussing financial results and business highlights for the first quarter...

3 months ago - PRNewsWire

Axonics Stockholders Approve Merger Agreement with Boston Scientific

IRVINE, Calif.--(BUSINESS WIRE)--Axonics, Inc. (Nasdaq: AXNX) announced that its stockholders have voted today to adopt Axonics' merger agreement with Boston Scientific Corporation (NYSE: BSX). Accord...

Other symbols: AXNX
3 months ago - Business Wire