Boston Scientific Corporation (NYSE: BSX) is one of 87 publicly-traded companies in the “Advanced Medical Equipment & Technology” industry, but how does it contrast to its peers? We will compare Boston Scientific Corporation to similar businesses based on the strength of its analyst recommendations, valuation, earnings, institutional ownership, dividends, profitability and risk.
This table compares Boston Scientific Corporation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Boston Scientific Corporation||9.55%||23.60%||9.24%|
|Boston Scientific Corporation Competitors||-299.57%||-36.17%||-12.71%|
Earnings and Valuation
This table compares Boston Scientific Corporation and its peers gross revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Boston Scientific Corporation||$8.39 billion||$347.00 million||45.67|
|Boston Scientific Corporation Competitors||$2.13 billion||$221.25 million||1.97|
Boston Scientific Corporation has higher revenue and earnings than its peers. Boston Scientific Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Risk and Volatility
Boston Scientific Corporation has a beta of 1, meaning that its stock price has a similar volatility profile to the S&P 500.Comparatively, Boston Scientific Corporation’s peers have a beta of 1.26, meaning that their average stock price is 26% more volatile than the S&P 500.
Insider and Institutional Ownership
90.5% of Boston Scientific Corporation shares are owned by institutional investors. Comparatively, 51.1% of shares of all “Advanced Medical Equipment & Technology” companies are owned by institutional investors. 0.7% of Boston Scientific Corporation shares are owned by company insiders. Comparatively, 18.7% of shares of all “Advanced Medical Equipment & Technology” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
This is a summary of current ratings and recommmendations for Boston Scientific Corporation and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Boston Scientific Corporation||0||4||13||0||2.76|
|Boston Scientific Corporation Competitors||267||1867||3359||108||2.59|
Boston Scientific Corporation presently has a consensus target price of $31.11, suggesting a potential upside of 11.66%. As a group, “Advanced Medical Equipment & Technology” companies have a potential downside of 10.86%. Given Boston Scientific Corporation’s stronger consensus rating and higher possible upside, equities analysts clearly believe Boston Scientific Corporation is more favorable than its peers.
Boston Scientific Corporation beats its peers on 10 of the 13 factors compared.
About Boston Scientific Corporation
Boston Scientific Corporation is a developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties. The Company offers its products by seven businesses: Interventional Cardiology, Cardiac Rhythm Management, Endoscopy, Peripheral Interventions, Urology and Pelvic Health, Neuromodulation, and Electrophysiology. It operates in three segments: Cardiovascular, Rhythm Management and MedSurg. Its Cardiovascular segment consists of Interventional Cardiology and Peripheral Interventions businesses. Rhythm Management consists of Cardiac Rhythm Management and Electrophysiology businesses. MedSurg consists of Endoscopy, Urology and Pelvic Health, and Neuromodulation businesses. Its Interventional Cardiology product offerings include balloon catheters, rotational atherectomy systems, guide wires, guide catheters and embolic protection devices and diagnostic catheters used in percutaneous transluminal coronary angioplasty (PTCA) procedures.
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