After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Boston Scientific Corporation (BSX) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.04%, to $53.10. The Boston Scientific Corporation has recorded 795,315 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Boston Scientific Wins Two Edison Awards.
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Stocks Info
The company is listed on the NYSE and operates within the Medical Devices industry segment. At the end of the last regular session, the stock closed at $53.12 and fluctuated between $53.42 as its day high and $51.17 as its day low. The current market capitalization of Boston Scientific Corporation is $76.94B. A total of 14.05 million shares were traded on the day, compared to an average of 8.60M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, BSX has seen 60 BUY and 68 SELL insider trades, representing the acquisition of 254,407 and the disposition of 271,442 shares. Over the last 12 months, there were 85 BUYs and 107 SELLs from insiders. Insiders purchased 1,011,815 shares during that period but sold 1,493,256.
In the most recent transaction, Thepaut Eric Francis Yves sold 83,401 shares of BSX for 52.49 per share on May 02. After the transaction, the EVP & Pres, Eur, Mid-East, Afr now owns 12,269 company shares. In a previous transaction on Apr 17, Carruthers Wendy sold 11,671 shares at 51.96 per share. BSX shares that EVP, Human Resources owns now total 83,373.
Among the insiders who sold shares, Mirviss Jeffrey B. disposed of 4,903 shares on Apr 05 at a per-share price of $50.40. This resulted in the EVP&Pres, Periph Intervent holding 78,673 shares of BSX after the transaction. In another insider transaction, Monson Jonathan sold 5,000 shares at $50.00 per share on Mar 31. Company shares held by the SVP, Global Controller and CAO now total 34,868.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for BSX in the last 3 months, the mean price target is $58.00 with high estimates of $63.00 and low estimates of $55.00. In terms of 52-week highs and lows, BSX has a high of $53.47 and a low of $34.98.
As of this writing, BSX has an earnings estimate of $0.49 per share for the current quarter. EPS was calculated based on a consensus of 24 estimates, with a high estimate of $0.5 per share and a lower estimate of $0.48. The company reported an EPS of $0.49 in the last quarter, which was 4.30% higher than expectations of $0.47.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. BSX’s latest balance sheet shows that the firm has $1.93B in Cash & Short Term Investments as of fiscal 2021. There were $9.45B in debt and $4.27B in liabilities at the time. Its Book Value Per Share was $12.26, while its Total Shareholder’s Equity was $16.62B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BSX is Buy with a score of 4.47.