Economy

Long term Growth Analysis of Boston Scientific Corporation (NYSE:BSX)

The percentage of shares being held by the company management was 1.7% while institutional stake was 90.5%. Equity Comwlth now has $3.78B valuation. The medical equipment provider reported $0.32 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.01. The stock's 50 day moving average price is $27.13 and its 200 day moving average price is $26.46. Bitauto Hldg Ltd (ADR) (NYSE:BITA) has risen 69.99% since September 14, 2016 and is uptrending. It has outperformed by 38.46% the S&P500.

Employees Retirement System Of Texas decreased Boston Scientific Corp (BSX) stake by 26.2% reported in 2016Q4 SEC filing. The firm has a market cap of $18.88 billion, a price-to-earnings ratio of 41.47 and a beta of 0.64.

The top 5 institutional holders, in ascending order, are as follows: FMR LLC with 174.28 million shares, CAPITAL WORLD INVESTORS with 101.91 million shares, BLACKROCK INC. with 100.18 million shares, VANGUARD GROUP INC with 93.66 million shares, and WELLINGTON MANAGEMENT GROUP LLP with 62.17 million shares.

On Monday, July 31st, Michael P. Phalen sold 15,500 shares of Boston Scientific Corporation stock. Boston Scientific Corporation accounts for approximately 0.8% of Quantitative Systematic Strategies LLC's portfolio, making the stock its 11th largest position. Blb&B Advsr Limited Liability Company has 49,649 shares for 0.67% of their portfolio. Henderson Group Plc acquired 20,355 shares as Boston Scientific Corp (BSX)'s stock rose 4.02%. It has outperformed by 2.42% the S&P500.

Boston Scientific Corporation (BSX) now the company's industry has 12.56 P/E and the sector P/E is 16.47. Nasdaq.com's news article titled: "3 Big Stock Charts for Tuesday: Abbott Laboratories (ABT), Aetna Inc (AET) and ..." with publication date: September 12, 2017 was also an interesting one.

Investors sentiment decreased to 0.84 in 2016 Q4. Its down 0.28, from 1.12 in 2016Q3. It improved, as 67 investors sold BSX shares while 195 reduced holdings. MARSHALL WACE ASIA Ltd purchased a new position in Boston Scientific Corporation in the first quarter worth $149,859,000. There were 43 sold out positions, amounting to 5.87 million shares. Wade G W reported 18,077 shares. Meeder Asset stated it has 1,146 shares. Guardian Life Insurance Co. of America lifted its holdings in Boston Scientific Corporation by 0.9% in the first quarter. 40,579 were reported by Kcg Holdings. Creative Planning has invested 0.01% of its portfolio in Boston Scientific Corporation (NYSE:BSX).

Boston Scientific Corporation most recently reported earnings per share (EPS) of $0.32 for the June 2017 versus $0.27 in the same quarter previous year, representing 19% growth. Salem Invest Counselors Incorporated holds 113,846 shares.

Boston Scientific Corporation (NYSE:BSX) last announced its quarterly earnings results on Thursday, February 2nd. Invesco accumulated 4.06M shares or 0.03% of the stock. About 2.35M shares traded. It also upped At&T Inc (NYSE:T) stake by 57,000 shares and now owns 981,652 shares. On average, analysts forecast that Boston Scientific Corporation will post $1.26 earnings per share for the current fiscal year. Therefore 78% are positive. BidaskClub lowered Boston Scientific Corporation from a "hold" rating to a "sell" rating in a research note on Saturday, August 26th. The rating was initiated by SunTrust on Thursday, February 25 with "Buy". Stifel Nicolaus maintained it with "Hold" rating and $3100 target in Friday, July 14 report. The rating was initiated by HSBC on Wednesday, January 27 with "Buy". The firm earned "Hold" rating on Monday, May 1 by Oppenheimer. The firm has "Buy" rating given on Thursday, October 29 by Citigroup. UBS initiated the stock with "Buy" rating in Tuesday, September 22 report.

Since March 29, 2017, it had 0 buys, and 10 selling transactions for $4.84 million activity. Through this figure traders can analyze that BSX show whether or not a stock now most active and standing in buying side or sell side. 10,000 shares valued at $271,261 were sold by Pratt Timothy A. on Thursday, June 1. Quantitative Systematic Strategies LLC's holdings in Boston Scientific Corporation were worth $2,219,000 at the end of the most recent reporting period. Of those analysts, 13 rate stock as a Strong Buy, 4 rate it as Hold, and just no analyst rates it as a Moderate Sell. Therefore 10% are positive. Blackberry had 53 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of BlackBerry Ltd (NASDAQ:BBRY) has "Sector Perform" rating given on Monday, September 28 by RBC Capital Markets. The rating was maintained by Needham with "Buy" on Friday, February 3. The company was maintained on Thursday, July 23 by Benchmark. Canaccord Genuity has "Hold" rating and $1000 target. J P Morgan Chase & Co restated an "overweight" rating and set a $31.00 target price (up from $27.00) on shares of Boston Scientific Corporation in a report on Wednesday, June 28th.



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