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Is Trending Stock Boston Scientific Corporation (BSX) a Buy Now?
BSXBoston Scientific(BSX) ZACKS·2025-03-06 15:06

Core Viewpoint - Boston Scientific (BSX) has been a highly searched stock recently, indicating potential investor interest and market activity [1] Earnings Estimates Revisions - For the current quarter, Boston Scientific is expected to report earnings of 0.67pershare,reflectingayearoveryearincreaseof+19.60.67 per share, reflecting a year-over-year increase of +19.6% [5] - The Zacks Consensus Estimate for the current fiscal year is 2.85, indicating a +13.6% change from the previous year, with a +2.7% increase in estimates over the last 30 days [5] - For the next fiscal year, the consensus estimate is 3.23,showinga+13.23.23, showing a +13.2% change from the prior year, with a +2.2% increase in estimates over the past month [6] - The Zacks Rank for Boston Scientific is 2 (Buy), suggesting a positive outlook based on recent earnings estimate revisions [7] Revenue Growth Forecast - The consensus sales estimate for the current quarter is 4.56 billion, indicating a year-over-year increase of +18.2% [9] - For the current fiscal year, the sales estimate is 19.05billion,reflectinga+13.819.05 billion, reflecting a +13.8% change, while the next fiscal year's estimate is 21 billion, indicating a +10.2% change [9] Last Reported Results and Surprise History - Boston Scientific reported revenues of 4.56billioninthelastquarter,representinga+22.44.56 billion in the last quarter, representing a +22.4% year-over-year change [10] - The reported EPS was 0.70, compared to $0.55 a year ago, with a revenue surprise of +3.52% and an EPS surprise of +7.69% [11] - The company has consistently beaten consensus EPS and revenue estimates over the last four quarters [11] Valuation - Boston Scientific has a Zacks Value Style Score of D, indicating it is trading at a premium compared to its peers [15]