Company Update (NYSE:BSX): Boston Scientific To Participate In 15th Annual Needham Healthcare Conference

[PR Newswire] – MARLBOROUGH, Mass., March 29, 2016 /PRNewswire/ — Boston Scientific Corporation (NYSE: BSX) is scheduled to participate in the 15th Annual Needham Healthcare Conference on April 12, in New York City. … Read more on this. Boston Scientific Corporation (BSX) , currently valued at $24.51B, started trading this morning at $18.04. Looking at the equity, the company’s one day range is $17.99 to $18.13 and has traded between $14.18 and $19.06 over the past 12 months. BSX shares are currently priced at 17.18x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 3.05x earnings multiple. In a review of the consensus earnings estimate this quarter, 25 sell-side analysts are looking at $0.24 per share, which would be $0.03 better than the year-ago quarter and a $0.01 sequential decrease. The full-year EPS estimate is $1.05 which would be a $0.12 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.91 Billion. If realized, that would be a 7.91% increase over the year-ago quarter. More recently, Nomura Initiated BSX at Buy (Mar 17, 2016). Previously, Sun Trust Rbsn Humphrey Initiated BSX at to Buy. Investors should keep in mind is that the average price target is $20.92, which is 15.96% above where the stock opened this morning. See more in (NYSE:BSX) Similar Articles: Company Update: Boston Scientific Corporation (NYSE:BSX) – Boston Scientific to Participate in Leerink Partners 2016 Healthcare Conference Market Update (NYSE:BSX): Boston Scientific To Participate In 2016 J.P. Morgan Healthcare Conference Market Update (NYSE:BSX): Boston Scientific To Participate In Stifel Healthcare Conference