Market Update (NYSE:BSX): Boston Scientific to Participate in Jefferies 2016 Healthcare Conference

[PR Newswire] – MARLBOROUGH, Mass., May 24, 2016 /PRNewswire/ — Boston Scientific Corporation (NYSE: BSX) is scheduled to participate in the Jefferies 2016 Healthcare Conference on June 7, in New York City. Susie Lisa, … Read more on this. Boston Scientific Corporation (BSX) , currently valued at $30.57B, opened this morning at $22.48. Today, shares have traded between $22.39 and $22.65 per share and has traded between $14.18 and $23.01 over the past year. BSX shares are currently priced at 20.51x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 7.46x earnings multiple for the same period. According to a consensus of 26 analysts, the earnings estimate of $0.27 per share would be $0.05 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $1.09 which would be a $0.16 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.04 Billion. If realized, that would be a 10.87% increase over the year-ago quarter. 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 $24.20, which is 7.65% above where the stock opened this morning. See more in (NYSE:BSX) Similar Articles: Market Update: Boston Scientific Corporation (NYSE:BSX) – Boston Scientific to Participate in Barclays Global Health Care Conference 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