Wall Street analysts will be watching closely when Boston Scientific Corporation (NYSE:BSX) reports its quarterly earnings next, which is scheduled for Wed 24 Apr (In 8 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.39 per share. In the preceding quarter, the company reportedly generated EPS of $0.39 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 15.30%, a profit margin of 17.00% and a gross margin of 71.10%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Boston Scientific Corporation (NYSE:BSX). Most recently, on November 28th, 2018, UBS Initiated a Buy rating. Before that, on October 16th, 2018, Barclays Initiated to Overweight. Morgan Stanley Reiterated a Overweight rating on October 2nd, 2018, Needham Reiterated an Strong Buy rating on September 7th, 2018, and Jefferies Upgrade a Buy rating on September 4th, 2018.
At its current price point, combined with the fact that this company has 1.39B shares outstanding, the current market capitalization sits at 50.29B. In the last trading day, 32,939,818 shares of Boston Scientific Corporation were traded, which compares to its usual volume of about 6.98M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$2.04 in the past five trading days, resulting in a percentage change of -5.34% and a moving average of 37.60. In the past 20 days, its price changed by -$2.00 (which is -5.24%) and the stock’s moving average was 37.94. Looking back a full 50 days, shares of BSX changed by -$1.76 (which is -4.64%) and demonstrated a moving average of 38.99.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 19.47%, a 14-day Stochastic %K score of 23.73% and a 20-day Stochastic %K score of 25.29%. Using a similar metric, Boston Scientific Corporation (BSX) shares showed a Stochastic %D of 21.77% over the past 9 days, a Stochastic %D score of 33.68% over the last 14 days, and a 20-day Stochastic %D of 26.43%. Meanwhile, this stock’s MACD Oscillator was -0.62 over the past 9 days, -0.80 over the past two weeks, and -0.70 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $36.17 level. Over the past 12 months, this stock has experienced a high price of $41.00 and a low of $27.91. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
Fidelity Management Research Co sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Boston Scientific Corporation (NYSE:BSX) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 147,177,590 shares of the company’s stock following the subtraction of -12,906,910 to this investor’s holdings during the three-month period. This share count represents that Fidelity Management Research Co now held 10.59% stake in Boston Scientific Corporation (BSX)’s shares.
Just in the most recent trading day, Boston Scientific Corporation (NYSE:BSX) experienced a high price of $38.25 and low point of $35.60. At the end of the last trading session, this stock was at 36.17 per share, following a loss of -$37.81, or -4.34% during the full day.