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HAE or BSX: Which Is the Better Value Stock Right Now?
HaemoneticsHaemonetics(US:HAE) zacks.comยท2024-05-27 16:41

Core Viewpoint - The article compares Haemonetics (HAE) and Boston Scientific (BSX) to determine which stock offers better value for investors at the current time [1]. Valuation Metrics - HAE has a forward P/E ratio of 19.42, while BSX has a forward P/E of 32.58 [5]. - HAE's PEG ratio is 1.62, indicating a more favorable valuation compared to BSX's PEG ratio of 2.60 [5]. - HAE's P/B ratio stands at 4.67, compared to BSX's P/B of 5.51 [6]. - Based on these valuation metrics, HAE is assigned a Value grade of B, while BSX receives a Value grade of C [6]. Earnings Outlook - Both HAE and BSX currently hold a Zacks Rank of 2 (Buy), indicating an improving earnings outlook due to positive analyst estimate revisions [3]. - The Zacks Rank strategy targets companies with favorable earnings estimate trends, which applies to both HAE and BSX [2]. Investment Recommendation - Based on the analysis of valuation figures and earnings outlook, HAE is considered the superior value option compared to BSX at this time [6].