Boston Scientific Corp Stock Today

BSX Stock  USD 90.66  0.09  0.1%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Boston Scientific is trading at 90.66 as of the 30th of November 2024; that is 0.1% down since the beginning of the trading day. The stock's open price was 90.75. Boston Scientific has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Note, on November 1, 2023, Senator Markwayne Mullin of US Senate acquired under $15k worth of Boston Scientific Corp's common stock.
Business Domain
Health Care Equipment & Services
IPO Date
18th of May 1992
Category
Healthcare
Classification
Health Care
Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts. Boston Scientific operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. The company has 1.47 B outstanding shares of which 11.02 M shares are currently shorted by investors with about 1.57 days to cover. More on Boston Scientific Corp

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Boston Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanMichael Mahoney
Thematic Ideas
(View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NYSE Composite, SP 500 Index, Obamacare Repeal, Healthcare, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.670.4053
Way Up
Slightly volatile
Gross Profit Margin0.770.6949
Significantly Up
Slightly volatile
Net Debt9.1 B8.6 B
Sufficiently Up
Slightly volatile
Total Current Liabilities5.2 B4.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total6.2 B10.7 B
Way Down
Slightly volatile
Total Assets36.9 B35.1 B
Sufficiently Up
Slightly volatile
Total Current Assets3.3 B6.5 B
Way Down
Slightly volatile
Total Cash From Operating Activities2.6 B2.5 B
Sufficiently Up
Slightly volatile
Debt Levels
Boston Scientific can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Boston Scientific's financial leverage. It provides some insight into what part of Boston Scientific's total assets is financed by creditors.
Liquidity
Boston Scientific Corp has 9.49 B in debt with debt to equity (D/E) ratio of 0.51, which is OK given its current industry classification. Boston Scientific Corp has a current ratio of 1.42, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Boston to invest in growth at high rates of return.

Net Income

1.67 Billion
Boston Scientific Corp (BSX) is traded on New York Stock Exchange in USA. It is located in 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 and employs 48,000 people. Boston Scientific is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 133.62 B. Boston Scientific Corp runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 1.47 B outstanding shares of which 11.02 M shares are currently shorted by investors with about 1.57 days to cover. Boston Scientific Corp has about 928 M in cash with 2.5 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24.
Check Boston Scientific Probability Of Bankruptcy
Ownership Allocation
Boston Scientific holds a total of 1.47 Billion outstanding shares. The majority of Boston Scientific Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Boston Scientific Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Boston Scientific. Please pay attention to any change in the institutional holdings of Boston Scientific Corp as this could imply that something significant has changed or is about to change at the company. Please note that on November 1, 2023, Senator Markwayne Mullin of US Senate acquired under $15k worth of Boston Scientific Corp's common stock.
Check Boston Ownership Details

Boston Stock Institutional Holders

InstituionRecorded OnShares
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main2024-09-30
21.8 M
Capital World Investors2024-09-30
21.7 M
Bollard Group Llc2024-06-30
21.7 M
Hhg Plc2024-06-30
18.3 M
Norges Bank2024-06-30
17.9 M
Franklin Resources Inc2024-09-30
15.9 M
Amundi2024-06-30
15.4 M
Bank Of New York Mellon Corp2024-06-30
14.8 M
Legal & General Group Plc2024-06-30
13.9 M
Fmr Inc2024-09-30
135.2 M
Vanguard Group Inc2024-09-30
131.3 M
View Boston Scientific Diagnostics

Boston Scientific Historical Income Statement

At this time, Boston Scientific's Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 1.7 B in 2024, whereas Interest Expense is likely to drop slightly above 193.9 M in 2024. View More Fundamentals

Boston Stock Against Markets

Boston Scientific Corporate Directors

Edward LudwigLead Independent DirectorProfile
Donna JamesIndependent DirectorProfile
Stephen MacMillanIndependent DirectorProfile
Ellen ZaneIndependent DirectorProfile

Additional Tools for Boston Stock Analysis

When running Boston Scientific's price analysis, check to measure Boston Scientific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.