FY2027 Earnings Estimate for BSX Issued By Erste Group Bank

Boston Scientific Corporation (NYSE:BSXFree Report) – Investment analysts at Erste Group Bank dropped their FY2027 earnings per share (EPS) estimates for shares of Boston Scientific in a report released on Tuesday, March 24th. Erste Group Bank analyst H. Engel now anticipates that the medical equipment provider will post earnings per share of $3.91 for the year, down from their previous estimate of $3.92. The consensus estimate for Boston Scientific’s current full-year earnings is $2.85 per share.

BSX has been the topic of several other research reports. Morgan Stanley lowered their price objective on Boston Scientific from $130.00 to $118.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Weiss Ratings lowered shares of Boston Scientific from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, February 4th. Truist Financial decreased their target price on shares of Boston Scientific from $95.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th. Robert W. Baird lowered their price target on shares of Boston Scientific from $118.00 to $101.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Finally, TD Cowen dropped their price target on shares of Boston Scientific from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $106.27.

Read Our Latest Stock Report on Boston Scientific

Boston Scientific Stock Up 2.3%

Boston Scientific stock opened at $69.70 on Thursday. The business’s 50-day moving average price is $78.22 and its 200 day moving average price is $91.25. The company has a quick ratio of 1.08, a current ratio of 1.62 and a debt-to-equity ratio of 0.46. The firm has a market cap of $103.59 billion, a price-to-earnings ratio of 35.93, a price-to-earnings-growth ratio of 1.05 and a beta of 0.69. Boston Scientific has a 52 week low of $67.56 and a 52 week high of $109.50.

Boston Scientific (NYSE:BSXGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The medical equipment provider reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.02. Boston Scientific had a return on equity of 19.63% and a net margin of 14.44%.The business had revenue of $5.29 billion during the quarter, compared to analyst estimates of $5.29 billion. During the same quarter last year, the business posted $0.70 EPS. The company’s revenue was up 15.9% on a year-over-year basis. Boston Scientific has set its Q1 2026 guidance at 0.780-0.800 EPS and its FY 2026 guidance at 3.430-3.490 EPS.

Institutional Investors Weigh In On Boston Scientific

A number of institutional investors have recently added to or reduced their stakes in the stock. FWL Investment Management LLC purchased a new stake in shares of Boston Scientific during the second quarter worth about $26,000. Steph & Co. purchased a new stake in Boston Scientific during the 3rd quarter worth approximately $25,000. Murphy & Mullick Capital Management Corp increased its stake in Boston Scientific by 200.0% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 255 shares of the medical equipment provider’s stock worth $25,000 after buying an additional 170 shares in the last quarter. Financial Consulate Inc. acquired a new position in shares of Boston Scientific during the third quarter valued at approximately $25,000. Finally, Swiss RE Ltd. acquired a new position in shares of Boston Scientific during the fourth quarter valued at approximately $26,000. Institutional investors and hedge funds own 89.07% of the company’s stock.

Insider Activity at Boston Scientific

In other news, CEO Michael F. Mahoney sold 160,901 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $93.49, for a total transaction of $15,042,634.49. Following the completion of the transaction, the chief executive officer directly owned 1,411,735 shares of the company’s stock, valued at $131,983,105.15. This represents a 10.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.50% of the stock is owned by company insiders.

Key Headlines Impacting Boston Scientific

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About Boston Scientific

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Boston Scientific Corporation (NYSE: BSX) is a global medical device company that develops, manufactures and markets a broad portfolio of products used in less-invasive medical procedures. Founded in 1979 by John Abele and Peter Nicholas, the company is headquartered in Marlborough, Massachusetts, and focuses on technologies that enable physicians to treat a wide range of cardiovascular, digestive, urologic, pulmonary and chronic pain conditions without open surgery.

Boston Scientific’s activities span product development, clinical research, regulatory affairs and commercial sales.

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Earnings History and Estimates for Boston Scientific (NYSE:BSX)

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