Boston Scientific Corp. (NYSE: BSX): Is This The Time To Buy?

Boston Scientific Corp. (NYSE:BSX)’s traded shares stood at 1.86 million during the latest session, with the company’s beta value hitting 0.79. At the last check today, the stock’s price was $67.64, to imply an increase of 0.33% or $0.22 in intraday trading. The BSX share’s 52-week high remains $69.21, putting it -2.32% down since that peak but still an impressive 28.52% since price per share fell to its 52-week low of $48.35. The company has a valuation of $99.43B, with an average of 6.34 million shares over the past 3 months.

Boston Scientific Corp. (NYSE:BSX) trade information

After registering a 0.33% upside in the latest session, Boston Scientific Corp. (BSX) has traded red over the past five days. The stock hit a weekly high of 68.96, jumping 0.33% in its intraday price action. The 5-day price performance for the stock is -0.62%, and 0.30% over 30 days. With these gigs, the year-to-date price performance is 17.01%.

Boston Scientific Corp. (BSX) estimates and forecasts

Looking at statistics comparing Boston Scientific Corp. share performance against respective industry, we note that the company has underperformed competitors. Boston Scientific Corp. (BSX) shares are 33.40% up over the last 6 months, with its year-to-date growth rate lower than industry average at 9.76% against 18.50%.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -2.05% for the past 5-year period. While 2024 is set for a 10.16% return in earnings, projections for the next 5 years are at 12.28% annually.

BSX Dividends

Boston Scientific Corp. has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Boston Scientific Corp. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.