Boston Scientific Corp. (NYSE:BSX)’s Stock Performance and Outlook

In the last trading session, 6.62 million Boston Scientific Corp. (NYSE:BSX) shares changed hands as the company’s beta touched 0.79. With the company’s per share price at $68.12 changed hands at $0.68 or 1.01% during last session, the market valuation stood at $100.13B. BSX’s last price was a discount, traded about -1.6% off its 52-week high of $69.21. The share price had its 52-week low at $48.35, which suggests the last value was 29.02% up since then. When we look at Boston Scientific Corp.’s average trading volume, we note the 3-month average coming to 6.42 million.

Boston Scientific Corp. (NYSE:BSX) trade information

Instantly BSX was in green as seen at the end of in last trading. With action -0.79%, the performance over the past five days has been red. The jump to weekly highs of 69.21 added 1.01% to the stock’s daily price. The company’s shares are showing year-to-date upside of 17.83%, with the 5-day performance at -0.79% in the red. However, in the 30-day time frame, Boston Scientific Corp. (NYSE:BSX) is 2.85% up.

Boston Scientific Corp. (BSX) estimates and forecasts

Data shows that the Boston Scientific Corp. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 37.56% over the past 6 months, a 9.76% in annual growth rate that is considerably lower than the industry average of 18.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.05%. The 2024 estimates are for Boston Scientific Corp. earnings to increase by 10.12%, but the outlook for the next 5-year period is at 12.28% per year.