BSX - Boston Scientific Corporation

NYSE - NYSE Delayed Price. Currency in USD
34.49
-0.08 (-0.23%)
At close: 4:02PM EDT

34.49 0.00 (0.01%)
After hours: 4:44PM EDT

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Previous Close34.57
Open34.70
Bid34.00 x 4000
Ask35.00 x 900
Day's Range34.49 - 34.86
52 Week Range24.54 - 37.30
Volume6,858,677
Avg. Volume7,555,870
Market Cap47.697B
Beta0.97
PE Ratio (TTM)91.00
EPS (TTM)0.38
Earnings DateOct 24, 2018 - Oct 29, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est38.18
Trade prices are not sourced from all markets
  • Boston Scientific to Expand Within PI Via VENITI Buyout
    Zacks8 days ago

    Boston Scientific to Expand Within PI Via VENITI Buyout

    Presence of venous obstructive disease visibly grows across the globe, indicating huge prospects for Boston Scientific (BSX) in the treatment market.

  • TheStreet.com8 days ago

    3 Biotech Stock Favorites to Bet on Today: Top Analysts

    To trade momentum biotech stocks, it's often best to follow the top experts. Using TipRanks' Top-Rated Stocks investor tool, we can see which biotech names float as Wall Street's most recommended stocks today.

  • Haemonetics’s Fiscal Q1 Earnings Surpass Analyst Estimates
    Market Realist12 days ago

    Haemonetics’s Fiscal Q1 Earnings Surpass Analyst Estimates

    Haemonetics’s Fiscal Q1 Earnings Surpass Analyst Estimates A look at Haemonetics’s Q1 2019 estimates Haemonetics (HAE), a leading healthcare company in blood management solutions, released its fiscal Q1 2019 earnings on August 7.

  • Boston Scientific to buy Fremont medical device company for $160 million
    American City Business Journals12 days ago

    Boston Scientific to buy Fremont medical device company for $160 million

    The medical device giant already had owned a stake in Veniti, which is seeking FDA approval for a device that treats abnormal, blocked or damaged veins

  • Boston Scientific to acquire medical device maker with St. Louis office for $160 million
    American City Business Journals13 days ago

    Boston Scientific to acquire medical device maker with St. Louis office for $160 million

    Veniti, Inc., a California-based medical device maker also located in Sunset Hills, is set to be acquired by Boston Scientific Corp. for $160 million.  Boston Scientific said Wednesday that it’s signed an agreement to acquire Veniti, which has created and commercialized a device for treating abnormal, blocked or damaged veins. Veniti’s investors include a number of St. Louis organizations, including Cultivation Capital, the St. Louis Arch Angels, Prolog Ventures, Holton Capital Group and Stifel’s Vectis Healthcare & Life Sciences Fund II.  Boston Scientific, based in Marlborough, Massachusetts, currently owns a 25 percent stake in Veniti and first became an investor in the company in 2016. In addition, Veniti in 2017 signed a distribution agreement with Boston Scientific.  To acquire the remaining stake in medical device startup, Boston Scientific will pay $108 million in up-front cash in addition to up to $52 million in payments that are contingent on the U.S. Food and Drug Administration’s approval of Veniti’s VICI Venous Stent System.

  • Boston Scientific Stock Up Today on the Acquisition of Veniti
    Market Realist13 days ago

    Boston Scientific Stock Up Today on the Acquisition of Veniti

    Today, Boston Scientific (BSX) announced the acquisition of Veniti for an upfront payment of $108.0 million. Additional milestone payments of up to $52.0 million are contingent on the FDA’s approval of Veniti’s Vici stent system, which is used to treat venous obstructive disease. Boston Scientific already owns a 25.0% stake in the company and has been an investor in the company since 2016.

  • PR Newswire13 days ago

    Boston Scientific Announces Agreement to Acquire VENITI, Inc.

    MARLBOROUGH, Mass., Aug. 8, 2018 /PRNewswire/ -- Boston Scientific Corporation (BSX) today announced it has signed an agreement to acquire VENITI, Inc., a privately-held company in Fremont, California which has developed and commercialized the VICI VENOUS STENT® System for treating venous obstructive disease. Boston Scientific has been an investor in VENITI since 2016 and currently owns 25 percent of the company. The transaction price for the remaining stake consists of $108 million up-front cash, as well as up to $52 million in payments contingent upon U.S. Food and Drug Administration (FDA) approval of the VICI stent system.

  • What to Expect for Boston Scientific in Fiscal 2018
    Market Realist14 days ago

    What to Expect for Boston Scientific in Fiscal 2018

    During its Q2 2018 earnings release on July 25, Boston Scientific (BSX) updated its fiscal 2018 guidance. The company raised its fiscal 2018 sales guidance and maintained its adjusted EPS guidance at $1.37–$1.41, representing growth of 9%–12%.

  • BSX’s Cardiovascular Business Stays Strong
    Market Realist15 days ago

    BSX’s Cardiovascular Business Stays Strong

    In Q2 2018, Boston Scientific’s (BSX) Cardiovascular sales grew 10% YoY (year-over-year) to $965 million, and it saw ~8% operational growth in the Cardiovascular business. The business comprises BSX’s PI (Peripheral Interventions) and IC (Interventional Cardiology) divisions, whose sales grew 8.7% and 7.6% YoY, respectively, to $304 million and $662 million in the second quarter. The Cardiovascular segment’s operating income margin expanded 130 basis points to ~31%.

  • Boston Scientific’s Neuromodulation Business: Major Growth Driver
    Market Realist15 days ago

    Boston Scientific’s Neuromodulation Business: Major Growth Driver

    In Q2 2018, Boston Scientific’s (BSX) Neuromodulation sales grew ~31.5% YoY (year-over-year) to $202 million, and it recorded operational growth of ~30.6%. The company’s Neuromodulation portfolio forms part of its Rhythm and Neuro business, which reported sales of $775 million in Q2 2018. Boston Scientific’s Rhythm & Neuro segment comprises its Neuromodulation, Electrophysiology, and CRM (cardiac rhythm management) business.

  • Can BSX’s Electrophysiology Business Maintain Its Momentum?
    Market Realist15 days ago

    Can BSX’s Electrophysiology Business Maintain Its Momentum?

    In Q2 2018, Boston Scientific’s (BSX) Electrophysiology sales grew ~18.5% YoY (year-over-year) to $79 million, and it recorded ~15.8% operational growth. The company’s Electrophysiology portfolio forms part of its Rhythm and Neuro business, which reported sales of $775 million in Q2 2018. Boston Scientific’s Rhythm and Neuro segment comprises its Neuromodulation, Electrophysiology, and CRM (cardiac rhythm management) business.

  • Boston Scientific to cut 85 jobs at Burlington site
    American City Business Journals16 days ago

    Boston Scientific to cut 85 jobs at Burlington site

    The layoffs will occur at a facility that makes so-called "neuromodulation" products, which trigger different nerves to relieve pain and other symptoms.

  • What’s Driving BSX’s Cardiac Rhythm Management Business
    Market Realist18 days ago

    What’s Driving BSX’s Cardiac Rhythm Management Business

    In Q2 2018, Boston Scientific’s (BSX) CRM (cardiac rhythm management) sales rose ~3% YoY (year-over-year) to $494 million. It saw operational growth of ~1.2%, compared with ~2.4% in Q1 2018.

  • BSX’s Urology and Pelvic & Health Business Drivers
    Market Realist18 days ago

    BSX’s Urology and Pelvic & Health Business Drivers

    In Q2 2018, Boston Scientific’s (BSX) Urology & Pelvic Health sales grew ~10.1% YoY (year-over-year) to $308 million, and it saw operational growth of ~9.1%. The division is part of Boston Scientific’s MedSurg business, which reported sales of $751 million in Q2 2018. In Q2 2018, Boston Scientific witnessed continued sales momentum for its single-use ureteroscopy solution, LithoVue, and its men’s health products also registered strong growth, in the high-single digits.

  • What Are the Key Drivers of BSX’s MedSurg Business?
    Market Realist18 days ago

    What Are the Key Drivers of BSX’s MedSurg Business?

    In Q2 2018, Boston Scientific’s (BSX) MedSurg sales grew ~10.4% YoY (year-over-year) to $751 billion, contributing ~30% of the company’s total sales. Its MedSurg operational revenue grew ~9% in Q2 2018, compared with ~7.4% in Q1 2018.

  • Boston Scientific’s Q2 2018 Adjusted EPS Exceed Guidance
    Market Realist18 days ago

    Boston Scientific’s Q2 2018 Adjusted EPS Exceed Guidance

    In the second quarter, Boston Scientific’s adjusted EPS grew 28% YoY (year-over-year) to $0.41, exceeding its guidance of $0.33–$0.35. Boston Scientific’s strong earnings growth in the quarter was due to its strong profit and loss metrics. The company is working on improving cost efficiencies through its end-to-end business by streamlining and automation initiatives, expanding global shared services, and leveraging global sourcing teams. Peers Abbott Laboratories (ABT), Edwards Lifesciences (EW), and Thermo Fisher Scientific (TMO) reported adjusted EPS growth of 17.7%, 30.5%, and 19. ...

  • Can Boston Scientific Maintain Its Strong Sales Momentum?
    Market Realist18 days ago

    Can Boston Scientific Maintain Its Strong Sales Momentum?

    On July 25, Boston Scientific (BSX) released its Q2 2018 earnings results. It reported revenue of $2.49 billion, exceeding Wall Street’s estimate of ~$2.46 billion and coming in at the higher end of the company’s $2.45 billion–$2.5 billion guidance.

  • What Analysts Recommend for Boston Scientific, Post-Q2 Results
    Market Realist18 days ago

    What Analysts Recommend for Boston Scientific, Post-Q2 Results

    Boston Scientific (BSX) announced its Q2 2018 results on July 25, exceeding analysts’ estimates. That day, BSX stock rose ~2.2%, while the iShares US Medical Devices ETF (IHI) rose ~1.4%. BSX comprises ~4.7% of IHI.

  • Boston Scientific Closes Acquisition of Claret Medical, Inc., Announces Positive Reimbursement Decision
    PR Newswire19 days ago

    Boston Scientific Closes Acquisition of Claret Medical, Inc., Announces Positive Reimbursement Decision

    CMS Grants NTAP Designation for The Sentinel® Cerebral Protection System MARLBOROUGH, Mass. , Aug. 2, 2018 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) announced it has recently closed its ...

  • Abbott Laboratories’ Stock Price Performance in July
    Market Realist20 days ago

    Abbott Laboratories’ Stock Price Performance in July

    On July 24, Abbott Laboratories (ABT) ended the trading day at $64.40 per share. Currently, the stock is trading higher than its 50-day moving average of $62.45 and its 200-day moving average of $60.75.