Stocks of Boston Scientific Corp (NYSE:BSX) traded higher last session on Wall Street, up 0.55% to $102.74.
BSX stock price is now 3.50% away from the 50-day moving average and 13.92% away from the 200-day moving average. The market capitalization of the company currently stands at $151.96B.
With the price target maintained at $113, Needham recently Upgraded its rating from Hold to Buy for Boston Scientific Corp (NYSE: BSX). On January 10, 2025, Deutsche Bank Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $108, while ‘Needham’ rates the stock as ‘Hold’
In other news, Brown Vance R, SVP, GC and Corp. Secretary sold 4,826 shares of the company’s stock on Apr 21 ’25. The stock was sold for $458,904 at an average price of $95.09. Upon completion of the transaction, the SVP, GC and Corp. Secretary now directly owns 36,193 shares in the company, valued at $3.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 21 ’25, Officer VANCE BROWN bought 4,826 shares of the business’s stock. A total of $458,904 was incurred on buying the stock at an average price of $95.09. 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 $70.97 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 $162668445696, which is based on a 75.36 price-to-earnings ratio, a 5.39 price-to-earnings-growth ratio, and a beta of 0.69. The fifty day moving average price for BSX is $99.2632 and a two-hundred day moving average price translates $90.1891 for the stock.
The latest earnings results from Boston Scientific Corp (NYSE: BSX) was released for 2025-03-31. The net profit margin was 11.58% 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.
