boston scientific corp. - BSX

BSX

Close Chg Chg %
91.51 -1.53 -1.67%

Closed Market

89.98

-1.53 (1.67%)

Volume: 5.57M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: boston scientific corp. - BSX

BSX Key Data

Open

$91.80

Day Range

89.02 - 91.93

52 Week Range

53.93 - 91.93

Market Cap

$134.86B

Shares Outstanding

1.47B

Public Float

1.47B

Beta

0.80

Rev. Per Employee

N/A

P/E Ratio

75.68

EPS

$1.22

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

7.16M

 

BSX Performance

1 Week
 
3.46%
 
1 Month
 
6.22%
 
3 Months
 
13.68%
 
1 Year
 
61.78%
 
5 Years
 
115.05%
 

BSX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 35
Full Ratings ➔

About boston scientific corp. - BSX

Boston Scientific Corp. engages in the development, manufacture, and marketing of medical devices that are used in interventional medical procedures. It operates through the MedSurg and Cardiovascular segments. The MedSurg segment includes Endoscopy, Urology, and Neuromodulation. The Cardiovascular segment consists of Cardiology and Peripheral Interventions. The company was founded by John E. Abele and Pete Michael Nicholas on June 29, 1979 and is headquartered in Marlborough, MA.

BSX At a Glance

Boston Scientific Corp.
300 Boston Scientific Way
Marlborough, Massachusetts 01752-1234
Phone 1-508-683-4000 Revenue 14.24B
Industry Medical Specialties Net Income 1.59B
Sector Health Technology 2023 Sales Growth 12.285%
Fiscal Year-end 12 / 2024 Employees 48,000
View SEC Filings

BSX Valuation

P/E Current 75.682
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 53.887
Price to Sales Ratio 5.941
Price to Book Ratio 4.394
Price to Cash Flow Ratio 33.801
Enterprise Value to EBITDA 27.643
Enterprise Value to Sales 6.555
Total Debt to Enterprise Value 0.102

BSX Efficiency

Revenue/Employee 296,666.667
Income Per Employee 33,187.50
Receivables Turnover 6.391
Total Asset Turnover 0.421

BSX Liquidity

Current Ratio 1.32
Quick Ratio 0.817
Cash Ratio 0.202

BSX Profitability

Gross Margin 62.015
Operating Margin 15.316
Pretax Margin 13.94
Net Margin 11.187
Return on Assets 4.713
Return on Equity 8.645
Return on Total Capital 5.536
Return on Invested Capital 5.785

BSX Capital Structure

Total Debt to Total Equity 49.227
Total Debt to Total Capital 32.988
Total Debt to Total Assets 27.015
Long-Term Debt to Equity 46.473
Long-Term Debt to Total Capital 31.143
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Boston Scientific Corp. - BSX

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
9.91B 11.89B 12.68B 14.24B
Sales Growth
-7.66% +19.92% +6.68% +12.29%
Cost of Goods Sold (COGS) incl D&A
4.34B 4.43B 4.97B 5.41B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.12B 1.09B 1.14B 1.20B
Depreciation
333.00M 352.00M 333.00M 368.00M
Amortization of Intangibles
789.00M 741.00M 803.00M 828.00M
COGS Growth
+12.47% +2.08% +12.22% +8.88%
Gross Income
5.58B 7.46B 7.71B 8.83B
Gross Income Growth
-18.94% +33.81% +3.39% +14.48%
Gross Profit Margin
+56.25% +62.76% +60.83% +62.02%
2020 2021 2022 2023 5-year trend
SG&A Expense
4.93B 5.49B 5.84B 6.60B
Research & Development
1.14B 1.20B 1.32B 1.41B
Other SG&A
3.79B 4.29B 4.52B 5.19B
SGA Growth
-3.37% +11.36% +6.43% +13.02%
Other Operating Expense
45.00M 49.00M 47.00M 46.00M
Unusual Expense
690.00M 871.00M 417.00M 71.00M
EBIT after Unusual Expense
(89.00M) 1.05B 1.41B 2.11B
Non Operating Income/Expense
478.00M 374.00M 198.00M 147.00M
Non-Operating Interest Income
3.00M 4.00M 10.00M 22.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
468.00M 349.00M 464.00M 272.00M
Interest Expense Growth
-8.77% -25.43% +32.95% -41.38%
Gross Interest Expense
468.00M 349.00M 464.00M 272.00M
Interest Capitalized
- - - -
-
Pretax Income
(79.00M) 1.08B 1.14B 1.99B
Pretax Income Growth
-111.50% +1,462.03% +6.04% +73.97%
Pretax Margin
-0.80% +9.05% +9.00% +13.94%
Income Tax
2.00M 36.00M 443.00M 393.00M
Income Tax - Current - Domestic
(64.00M) 51.00M 69.00M 204.00M
Income Tax - Current - Foreign
151.00M 127.00M 381.00M 116.00M
Income Tax - Deferred - Domestic
(32.00M) (259.00M) (124.00M) (104.00M)
Income Tax - Deferred - Foreign
(53.00M) 117.00M 117.00M 177.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - (1.00M)
-
Consolidated Net Income
(82.00M) 1.04B 698.00M 1.59B
Minority Interest Expense
- - - (1.00M)
-
Net Income
(82.00M) 1.04B 698.00M 1.59B
Net Income Growth
-101.74% +1,368.29% -32.88% +128.22%
Net Margin Growth
-0.83% +8.75% +5.50% +11.19%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(82.00M) 1.04B 698.00M 1.59B
Preferred Dividends
33.00M 55.00M 55.00M 23.00M
Net Income Available to Common
(115.00M) 985.00M 642.00M 1.57B
EPS (Basic)
-0.0812 0.6925 0.4488 1.0805
EPS (Basic) Growth
-102.40% +952.83% -35.19% +140.75%
Basic Shares Outstanding
1.42B 1.42B 1.43B 1.45B
EPS (Diluted)
-0.0812 0.687 0.4459 1.0728
EPS (Diluted) Growth
-102.44% +946.06% -35.09% +140.59%
Diluted Shares Outstanding
1.42B 1.43B 1.44B 1.46B
EBITDA
1.72B 3.02B 2.96B 3.38B
EBITDA Growth
-36.70% +74.99% -1.82% +14.09%
EBITDA Margin
+17.38% +25.36% +23.34% +23.71%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 97.964
Number of Ratings 35 Current Quarters Estimate 0.654
FY Report Date 12 / 2024 Current Year's Estimate 2.461
Last Quarter’s Earnings 0.63 Median PE on CY Estimate N/A
Year Ago Earnings 2.05 Next Fiscal Year Estimate 2.789
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 29 20 31 31
Mean Estimate 0.65 0.65 2.46 2.79
High Estimates 0.68 0.68 2.48 2.91
Low Estimate 0.63 0.60 2.39 2.68
Coefficient of Variance 1.66 3.32 0.64 1.75

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 23 23 24
OVERWEIGHT 6 6 6
HOLD 6 6 5
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Buy

Insider Actions for Boston Scientific Corp. - BSX

Date Name Shares Transaction Value
Nov 8, 2024 Michael F. Mahoney Chairman, President & CEO; Director 1,521,205 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $84.74 per share 128,906,911.70
Nov 8, 2024 Michael F. Mahoney Chairman, President & CEO; Director 1,681,387 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $85.17 per share 143,203,730.79
Nov 8, 2024 Michael F. Mahoney Chairman, President & CEO; Director 168,635 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 8, 2024 Michael F. Mahoney Chairman, President & CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 8, 2024 Michael F. Mahoney Chairman, President & CEO; Director 1,628,307 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $17.26 per share 28,104,578.82
Nov 8, 2024 Michael F. Mahoney Chairman, President & CEO; Director 1,683,983 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $16.31 per share 27,465,762.73
Jul 3, 2024 Vance Ronald Brown SVP, GC and Corp. Secretary 36,362 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 3, 2024 Wendy Carruthers EVP, Human Resources 19,168 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 3, 2024 Wendy Carruthers EVP, Human Resources 15,330 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 3, 2024 Wendy Carruthers EVP, Human Resources 42,908 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $77.3 per share 3,316,788.40
Jul 3, 2024 Wendy Carruthers EVP, Human Resources 49,891 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $24.55 per share 1,224,824.05
Jul 3, 2024 Wendy Carruthers EVP, Human Resources 48,694 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $17.26 per share 840,458.44
Jul 3, 2024 Vance Ronald Brown SVP, GC and Corp. Secretary 4,036 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 3, 2024 Vance Ronald Brown SVP, GC and Corp. Secretary 34,410 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $76.41 per share 2,629,268.10
Jun 5, 2024 Cheryl Pegus Director 3,207 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 Cheryl Pegus Director 2,800 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 31, 2024 Jeffrey B. Mirviss EVP&Pres, Periph Intervent N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 31, 2024 Jeffrey B. Mirviss EVP&Pres, Periph Intervent 28,022 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $75.1 per share 2,104,452.20
May 31, 2024 Jeffrey B. Mirviss EVP&Pres, Periph Intervent 91,824 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $17.26 per share 1,584,882.24
May 30, 2024 Arthur Crosswell Butcher EVP& Grp Pres, MedSurg & APAC 33,199 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $22.71 per share 753,949.29

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