The stock of Boston Scientific Corp (NYSE:BSX) last traded at $94.23, down -0.04% from the previous session.
BSX stock price is now -6.26% away from the 50-day moving average and 5.63% away from the 200-day moving average. The market capitalization of the company currently stands at $139.37B.
With the price target maintained at $108, Deutsche Bank recently Upgraded its rating from Hold to Buy for Boston Scientific Corp (NYSE: BSX). , while ‘Goldman’ rates the stock as ‘Buy’
In other news, Mahoney Michael F, Chairman, President & CEO sold 164,442 shares of the company’s stock on Apr 01 ’25. The stock was sold for $16,445,072 at an average price of $100.01. Upon completion of the transaction, the Chairman, President & CEO now directly owns 1,594,530 shares in the company, valued at $150.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, Officer MICHAEL F MAHONEY bought 164,442 shares of the business’s stock. A total of $16,445,068 was incurred on buying the stock at an average price of $100.01. A total of 0.47% of the company’s stock is owned by insiders.
During the past 12 months, Boston Scientific Corp has had a low of $66.80 and a high of $107.17. As of last week, the company has a debt-to-equity ratio of 0.52, a current ratio of 1.08, and a quick ratio of 0.64. According to the stock market information, the enterprise value for the company is $150109569024, which is based on a 75.54 price-to-earnings ratio, a 5.56 price-to-earnings-growth ratio, and a beta of 0.71. The fifty day moving average price for BSX is $100.5248 and a two-hundred day moving average price translates $89.2052 for the stock.
The latest earnings results from Boston Scientific Corp (NYSE: BSX) was released for 2024-12-31. The net profit margin was 11.07% and return on equity was 9.03% for BSX. The company reported revenue of $4.56 billion for the quarter, compared to $3.73 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.47 percent.
