Boston Scientific Corporation (BSX)

NYSE: BSX · Real-Time Price · USD
83.51
+0.20 (0.24%)
Sep 16, 2024, 4:00 PM EDT - Market closed
0.24%
Market Cap 122.94B
Revenue (ttm) 15.23B
Net Income (ttm) 1.83B
Shares Out 1.47B
EPS (ttm) 1.23
PE Ratio 68.03
Forward PE 32.70
Dividend n/a
Ex-Dividend Date n/a
Volume 4,145,655
Open 83.80
Previous Close 83.31
Day's Range 82.86 - 84.01
52-Week Range 48.35 - 84.12
Beta 0.80
Analysts Strong Buy
Price Target 85.24 (+2.1%)
Earnings Date Oct 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, Boston Scientific'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 21 analysts, the average rating for BSX stock is "Strong Buy." The 12-month stock price forecast is $85.24, which is an increase of 2.10% from the latest price.

Price Target
$85.24
(2.10% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Pick Boston Scientific Stock After 130% Gains?

Boston Scientific (NYSE: BSX) has more than doubled in value since early January 2021 – jumping from levels of $36 then to around $82 now – vs. an increase of about 45% for the S&P 500 over this perio...

6 days ago - Forbes

Boston Scientific Corporation (BSX) Wells Fargo 2024 Healthcare Conference (Transcript)

Boston Scientific Corporation (NYSE:BSX) Wells Fargo 2024 Healthcare Conference September 4, 2024 8:00 AM ET Company Participants Brad Sutton - Chief Medical Officer, AF Solutions Jon Monson - SVP, I...

12 days ago - Seeking Alpha

Boston Scientific Shares Rising Higher

Medical device maker Boston Scientific Corporation (BSX) shares rising on product, financial performance.

13 days ago - FXEmpire

Boston Scientific Obtains CE Mark for ACURATE Prime™ Aortic Valve System

MARLBOROUGH, Mass. , Aug. 27, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) today announced it has obtained CE mark for the ACURATE Prime™ Aortic Valve System, the newest transcathete...

20 days 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
27 days ago - Business Wire

Boston Scientific to Participate in Wells Fargo's 2024 Healthcare Conference

MARLBOROUGH, Mass. , Aug. 13, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) will participate in Wells Fargo's 2024 Healthcare Conference on Wednesday, September 4, 2024.

4 weeks ago - PRNewsWire

Boston Scientific Elects David Habiger to Board of Directors

MARLBOROUGH, Mass. , July 30, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) announced today the election of David Habiger to its board of directors, effective immediately.

6 weeks ago - PRNewsWire

Boston Scientific Profit and Sales Are Boosted by Cardiovascular Device Demand

Boston Scientific (BSX) posted an increase in second-quarter earnings and sales on the back of growing demand for its heart devices.

7 weeks ago - Investopedia

Boston Scientific Corporation (BSX) Q2 2024 Earnings Call Transcript

Boston Scientific Corporation (NYSE:BSX) Q2 2024 Earnings Conference Call July 24, 2024 8:00 AM ET Company Participants Jon Monson - SVP, IR Michael F. Mahoney - Chairman and CEO Daniel J.

7 weeks ago - Seeking Alpha

Boston Scientific profit beats estimates as cardiovascular sales surge

Sales of the Marlborough, Mass. company's cardiovascular products rose 17.8% to $2.64 billion

7 weeks ago - Market Watch

Boston Scientific raises annual profit forecast on heart devices demand

Boston Scientific raised its full-year profit forecast on Wednesday on the back of strong demand for its heart devices, sending the medical device maker's shares up 2% in premarket trading.

7 weeks ago - Reuters

Boston Scientific Announces Results for Second Quarter 2024

MARLBOROUGH, Mass. , July 24, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated net sales of $4.120 billion during the second quarter of 2024, growing 14.5 percent on a reported...

Other symbols: SILK
7 weeks ago - PRNewsWire

Watchman In Focus As Boston Scientific Reports Its Q2

Boston Scientific (NYSE: BSX) is scheduled to report its Q2 2024 results on Wednesday, July 24. We expect the company to report revenues and earnings in line with the consensus estimates.

7 weeks ago - Forbes

Boston Scientific Q2 Earnings Preview: Can The Rally Continue?

Boston Scientific is set to report Q2 earnings on July 24th. Growth is benefiting from the launch of recent FDA-approved medtech products. We highlight the themes to watch into the second half of the ...

2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire

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
3 months 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.

3 months 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
3 months 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
3 months 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
3 months 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
3 months 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
3 months 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
3 months 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.

3 months 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...

4 months ago - Forbes