Type
|
Public |
---|---|
Traded as | NYSE: BSX S&P 500 Component |
Industry | Medical device |
Founded | 1979 |
Founders | John Abele, Founder & Director Emeritus Peter Nicholas, Founder & Director Emeritus |
Headquarters | Marlborough, Massachusetts, United States |
Key people
|
Michael Mahoney, President, Chairman and CEO Daniel Brennan, CFO |
Revenue | $ 8.386 billion (2016) |
Operating income
|
$ (447 million) (2016)}} |
Net income
|
$ (142 million) (2016)}} |
Number of employees
|
27,000 (December 2016)}} |
Website | www.bostonscientific.com |
Boston Scientific Corporation (Boston Scientific) is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a range of interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology.
Boston Scientific is primarily known for the development of the Taxus Stent, a drug-eluting stent which is used to open clogged arteries. With the full acquisition of Cameron Health in June 2012, the company also became notable for offering a minimally invasive implantable cardioverter-defibrillator (ICD) which they call the EMBLEM Subcutaneous Implantable Defibrillator (S-ICD).
Boston Scientific was formed June 29, 1979 as a holding company for a medical products company called Medi-Tech, and to position the company for growth in interventional medicine.
The company went public through an IPO on May 19, 1992.
The Taxus Stent was approved in 2003 in Europe and other countries and approved in the United States by the FDA in March 2004. It was the second drug-eluting stent approved in the United States.
On April 21, 2006, the company acquired longtime competitor Guidant for $27.2 billion. The former Guidant was split between BSC and Abbott Laboratories.
Navilyst Medical was formed in February 2008 from Boston Scientific's Fluid Management and Vascular Access business units.
In October 2010, the company was fined $600,000 by the US Department of Justice for paying a US Army doctor to use their devices and recommend them to others.
In June 2012, Boston Scientific officially acquired Cameron Health for a total sum of $1.3 billion, paid out incrementally as various revenue milestones were achieved.
In March 2015, the company announced it would acquire Endo International Plc's urology business for at least $1.6 billion, expanding the company's health and prostate treatments.
Beginning in 2003, Boston Scientific and Johnson & Johnson were involved in a series of litigations involving patents covering heart stent medical devices. Both parties claimed that the other had infringed upon their patents. The litigation was settled once Boston Scientific agreed to pay $716 million to Johnson & Johnson in September 2009 and an additional $1.73 billion in February 2010.
It was announced in November 2014 that Johnson & Johnson would have another chance for payback after a multibillion dollar trial was set for 20 November 2014. A New York federal court judge would hear the case without a jury to decide whether Boston Scientific should be held liable for the contract breach.
On Nov 3,1998, Boston Scientific restated its financial results for 1997, as well as its quarterly results for the first three quarters of 1998, due to the occurrence of business irregularities in the operations of its Japanese subsidiary.
Profits rose to €887 million in 2015 in the Irish-based plant. In 2014 the profits were €766.65 million. Profits increased by 13.57% in one year.
Coordinates: 42°21′37.3″N 71°33′32.6″W / 42.360361°N 71.559056°W / 42.360361; -71.559056
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q4 2022 | 2023-02-01 | 0.49 | 0.49 |
Q3 2022 | 2022-10-26 | 0.43 | 0.43 |
Q2 2022 | 2022-07-27 | 0.44 | 0.44 |
Q1 2022 | 2022-04-27 | 0.39 | 0.39 |
Q4 2021 | 2022-02-02 | 0.45 | 0.45 |
Q3 2021 | 2021-10-27 | 0.41 | 0.41 |
Q2 2021 | 2021-07-27 | 0.40 | 0.40 |
Q1 2021 | 2021-04-28 | 0.37 | 0.37 |
Q4 2020 | 2021-02-03 | 0.23 | 0.23 |
Q3 2020 | 2020-10-28 | 0.37 | 0.37 |
2016-06-21 | Reiterated Rating | Piper Jaffray | Overweight | $26.00 |
2016-06-21 | Reiterated Rating | Piper Jaffray Cos. | Overweight | $26.00 |
2016-06-17 | Reiterated Rating | Leerink Swann | Buy | $25.50 to $27.50 |
2016-06-08 | Initiated Coverage | Guggenheim | Buy | $26.00 |
2016-05-25 | Reiterated Rating | Piper Jaffray | Overweight | $26.00 |
2016-05-23 | Downgrade | BTIG Research | Buy to Neutral | $24.20 |
2016-05-12 | Reiterated Rating | RBC Capital | Outperform | $25.00 |
2016-05-12 | Reiterated Rating | Royal Bank Of Canada | Outperform | $25.00 |
2016-04-28 | Boost Price Target | Wedbush | Neutral | $19.00 to $23.00 |
2016-04-28 | Boost Price Target | Stifel Nicolaus | Buy | $22.00 to $25.00 |
2016-04-28 | Boost Price Target | RBC Capital | Outperform | $22.00 to $25.00 |
2016-04-28 | Boost Price Target | Barclays | Overweight | $23.00 to $25.00 |
2016-04-28 | Boost Price Target | Barclays PLC | Overweight | $23.00 to $25.00 |
2016-04-27 | Boost Price Target | Needham & Company LLC | Buy | $22.00 to $26.00 |
2016-04-27 | Boost Price Target | Evercore ISI | Buy | $21.50 to $23.50 |
2016-04-27 | Reiterated Rating | Benchmark Co. | Buy | $20.00 to $22.00 |
2016-04-12 | Boost Price Target | RBC Capital | Outperform | $20.00 to $22.00 |
2016-04-10 | Reiterated Rating | Argus | Hold | |
2016-04-08 | Boost Price Target | Goldman Sachs | $21.00 to $22.00 | |
2016-04-08 | Boost Price Target | Goldman Sachs Group Inc. | $21.00 to $22.00 | |
2016-04-06 | Reiterated Rating | Stifel Nicolaus | Buy | $22.00 |
2016-03-27 | Reiterated Rating | Morgan Stanley | Overweight | $22.00 |
2016-03-25 | Reiterated Rating | Bank of America | Buy | $23.00 |
2016-03-25 | Reiterated Rating | Bank of America Corp. | Buy | $23.00 |
2016-03-18 | Initiated Coverage | Longbow Research | Buy | |
2016-03-17 | Initiated Coverage | Nomura | Buy | $22.00 |
2016-03-17 | Initiated Coverage | Nomura Holdings Inc. | Buy | $22.00 |
2016-03-12 | Reiterated Rating | Deutsche Bank | Hold | |
2016-03-12 | Reiterated Rating | Deutsche Bank AG | Hold | |
2016-02-25 | Initiated Coverage | SunTrust | Buy | $21.00 |
2016-02-25 | Initiated Coverage | SunTrust Banks Inc. | Buy | $21.00 |
2016-02-09 | Reiterated Rating | Stifel Nicolaus | Buy | |
2016-02-07 | Reiterated Rating | Needham & Company LLC | Buy | $22.00 |
2016-02-07 | Reiterated Rating | BTIG Research | Buy | $20.00 |
2016-02-05 | Reiterated Rating | Leerink Swann | Buy | |
2016-01-04 | Boost Price Target | Sterne Agee CRT | Buy | $21.00 to $22.50 |
2015-11-13 | Reiterated Rating | Evercore ISI | Buy | $20.00 |
2015-11-12 | Reiterated Rating | Needham & Company LLC | Buy | $22.00 |
2015-11-12 | Reiterated Rating | BTIG Research | Buy | $20.00 |
2015-11-12 | Initiated Coverage | Citigroup Inc. | Buy | $23.00 |
2015-11-11 | Reiterated Rating | Piper Jaffray | Buy | |
2015-11-11 | Reiterated Rating | Leerink Swann | Hold | $21.00 |
2015-11-11 | Reiterated Rating | Deutsche Bank | Hold | $19.00 |
2015-10-29 | Boost Price Target | Wedbush | Neutral | $17.00 to $19.00 |
2015-10-29 | Reiterated Rating | Barclays | Overweight | $21.00 to $23.00 |
2015-10-28 | Boost Price Target | Needham & Company LLC | Buy | $21.00 to $22.00 |
2015-10-15 | Reiterated Rating | BTIG Research | Buy | $20.00 |
2015-10-06 | Reiterated Rating | Piper Jaffray | Buy | $21.00 to $22.50 |
2015-09-28 | Upgrade | Needham & Company LLC | Hold to Buy | $21.00 |
2015-09-06 | Reiterated Rating | BTIG Research | Buy | |
2015-08-27 | Upgrade | Goldman Sachs | Neutral to Buy | $18.00 to $20.00 |
2015-08-10 | Reiterated Rating | Credit Suisse | Buy | |
2015-08-10 | Reiterated Rating | Credit Suisse Group AG | Buy | |
2015-07-26 | Reiterated Rating | BTIG Research | Buy | $20.00 |
2015-07-24 | Boost Price Target | Stifel Nicolaus | Buy | $19.00 to $20.00 |
2015-07-23 | Boost Price Target | Benchmark Co. | Buy | $19.00 to $20.00 |
2015-07-07 | Initiated Coverage | Stephens | Overweight | $21.00 |
2015-05-26 | Initiated Coverage | Evercore ISI | Buy | $20.50 |
2015-05-05 | Reiterated Rating | BTIG Research | Buy | $20.00 |
2015-05-04 | Boost Price Target | Deutsche Bank | Hold | $17.00 to $19.00 |
2015-04-29 | Boost Price Target | Barclays | Overweight | $20.00 to $21.00 |
2015-04-29 | Reiterated Rating | Needham & Company LLC | Hold | |
2015-04-29 | Boost Price Target | Leerink Swann | Outperform to Buy | $18.00 to $21.00 |
2015-04-20 | Boost Price Target | RBC Capital | Outperform | $17.00 to $20.00 |
2015-03-30 | Reiterated Rating | Argus | Hold | |
2015-03-23 | Boost Price Target | Barclays | Overweight | $19.00 to $20.00 |
2015-03-20 | Initiated Coverage | Raymond James | Outperform | $21.00 |
2015-03-20 | Initiated Coverage | Raymond James Financial Inc. | Outperform | $21.00 |
2015-03-19 | Reiterated Rating | Deutsche Bank | Hold | $17.00 |
2015-03-19 | Reiterated Rating | BTIG Research | Buy | $19.00 |
2015-03-18 | Set Price Target | Morgan Stanley | Buy | $20.00 |
2015-03-16 | Boost Price Target | BMO Capital Markets | Outperform | $18.00 to $19.00 |
2015-03-16 | Boost Price Target | Credit Suisse | Outperform | $18.00 to $19.00 |
2015-03-03 | Boost Price Target | Oppenheimer | Market Perform | $16.00 to $17.00 |
2015-03-03 | Boost Price Target | Oppenheimer Holdings Inc. | Market Perform | $16.00 to $17.00 |
2015-03-02 | Set Price Target | BTIG Research | Buy | $18.00 |
2015-02-26 | Boost Price Target | Deutsche Bank | Hold | $16.00 to $17.00 |
2015-02-18 | Reiterated Rating | Stifel Nicolaus | Buy | $17.00 to $18.00 |
2015-02-18 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $17.50 to $18.00 |
2015-02-18 | Boost Price Target | Oppenheimer | Outperform | $15.00 to $16.00 |
2015-02-05 | Boost Price Target | JMP Securities | Market Outperform | $15.00 to $17.00 |
2015-02-05 | Boost Price Target | Deutsche Bank | Hold | $14.50 to $16.00 |
2015-02-05 | Boost Price Target | CRT Capital | Buy | $16.00 to $18.00 |
2015-02-05 | Reiterated Rating | Wedbush | Neutral | $17.00 |
2015-02-05 | Boost Price Target | Stifel Nicolaus | Buy | $16.00 to $17.00 |
2015-02-04 | Reiterated Rating | Bank of America | Buy | |
2015-01-30 | Upgrade | BMO Capital Markets | Market Perform to Outperform | $15.00 to $18.00 |
2015-01-08 | Upgrade | Leerink Swann | Market Perform to Outperform | $15.00 to $18.00 |
2015-01-05 | Upgrade | JPMorgan Chase & Co. | Neutral to Overweight | |
2014-10-23 | Upgrade | Goldman Sachs | Sell to Neutral | $11.00 to $13.00 |
2014-10-22 | Upgrade | Benchmark Co. | Hold to Buy | |
2014-09-30 | Initiated Coverage | Needham & Company LLC | Hold | |
2014-08-07 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $16.00 to $14.50 |
2014-07-29 | Initiated Coverage | Sterne Agee CRT | Neutral | $13.50 |
2014-07-25 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $14.00 to $16.00 |
2014-07-25 | Reiterated Rating | Barclays | Overweight | $14.00 to $15.00 |
2014-07-07 | Initiated Coverage | CRT Capital | Buy to Buy | $16.00 |
2014-06-10 | Initiated Coverage | Morgan Stanley | Overweight | $15.00 |
2014-04-30 | Reiterated Rating | Citigroup Inc. | Hold | $13.80 |
2014-04-23 | Reiterated | RBC Capital Mkts | Outperform | $14 to $15 |
2014-04-23 | Boost Price Target | RBC Capital | Outperform | $14.00 to $15.00 |
2014-04-21 | Upgrade | Ned Davis Research | Sell to Neutral | |
2014-04-14 | Boost Price Target | Bank of America | Neutral to Buy | $7.00 to $9.00 |
2014-03-24 | Upgrade | Sanford C. Bernstein | Market Perform to Outperform | $12.00 to $15.00 |
2014-02-05 | Boost Price Target | Jefferies Group | $12.00 to $13.00 | |
2014-01-31 | Boost Price Target | Cowen and Company | $14.00 to $15.00 | |
2014-01-21 | Upgrade | Piper Jaffray | Neutral to Overweight | $12.00 to $18.00 |
2014-01-09 | Boost Price Target | Barclays | Overweight | $13.00 to $14.00 |
2014-01-07 | Initiated Coverage | BTIG Research | Buy | |
2014-01-06 | Upgrade | Oppenheimer | Equal Weight to Overweight | $15.00 |
2014-01-06 | Upgrade | Morgan Stanley | Equal Weight to Overweight | $15.00 |
2013-12-06 | Upgrade | Cowen and Company | Market Perform to Outperform | |
2013-12-05 | Initiated | The Benchmark Company | Hold | $12 |
2013-12-05 | Initiated Coverage | Benchmark Co. | Hold | $12.00 |
2013-11-22 | Boost Price Target | BMO Capital Markets | $11.00 to $12.00 | |
2013-10-28 | Reiterated | Deutsche Bank | Hold | $11 to $13 |
2013-10-25 | Boost Price Target | Deutsche Bank | Hold | $11.00 to $13.00 |
2013-10-25 | Boost Price Target | BMO Capital Markets | Market Perform | $10.00 to $11.00 |
2013-10-25 | Boost Price Target | Barclays | Overweight | $12.00 to $13.00 |
2013-10-25 | Boost Price Target | Jefferies Group | Hold | $10.00 to $12.00 |
2013-07-26 | Reiterated | Stifel | Buy | $11 to $13 |
2013-07-26 | Reiterated | RBC Capital Mkts | Outperform | $11 to $12 |
2013-07-26 | Reiterated | Barclays | Overweight | $9 to $12 |
2013-05-31 | Reiterated | RBC Capital Mkts | Outperform | $8 to $11 |
2013-05-16 | Reiterated | Stifel | Buy | $9 to $11 |
2013-05-08 | Reiterated | Barclays | Overweight | $8 to $9 |
2013-04-12 | Reiterated | Deutsche Bank | Hold | $7.20 to $7.90 |
2013-02-13 | Reiterated | Stifel Nicolaus | Buy | $8 to $9 |
2013-02-13 | Reiterated | Deutsche Bank | Hold | $6.70 to $7.20 |
2013-01-30 | Reiterated | Mizuho | Neutral | $5.10 to $6.80 |
2013-01-30 | Reiterated | Barclays | Overweight | $7 to $8 |
2013-01-04 | Reiterated | Deutsche Bank | Hold | $6.50 to $6.70 |
2012-11-20 | Initiated | Stifel Nicolaus | Buy | $6.50 |
2012-07-27 | Reiterated | Mizuho | Neutral | $5.90 to $5 |
2012-07-27 | Downgrade | Northland Securities | Outperform to Market Perform | $7.50 to $5.50 |
2012-03-02 | Initiated | Northland Securities | Outperform | $7.50 |
2016-06-21 | Reiterated Rating | Piper Jaffray | Overweight | $26.00 |
2016-06-21 | Reiterated Rating | Piper Jaffray Cos. | Overweight | $26.00 |
2016-06-17 | Reiterated Rating | Leerink Swann | Buy | $25.50 to $27.50 |
2016-06-08 | Initiated Coverage | Guggenheim | Buy | $26.00 |
2016-05-25 | Reiterated Rating | Piper Jaffray | Overweight | $26.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In BSX 568 funds of 2213 total. Show all
Fund name | Ticker shares |
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BlackRock Inc. | 0.13B |
Vanguard Group, Inc | 0.12B |
FMR LLC | 82.13M |
STATE STREET CORP | 63.92M |
WELLINGTON MANAGEMENT CO LLP | 62.54M |
JPMORGAN CHASE & CO | 50.64M |
BlackRock Institutional Trust Company, N.A. | 37.88M |
PRIMECAP MANAGEMENT CO/CA/ | 37.65M |
JANUS CAPITAL MANAGEMENT LLC | 36.07M |
HENDERSON GROUP PLC | 24.36M |
GEODE CAPITAL MANAGEMENT, LLC | 24.31M |
BlackRock Fund Advisors | 22.15M |
Artisan Partners Limited Partnership | 20.12M |
VIKING GLOBAL INVESTORS LP | 16.16M |
CITADEL ADVISORS LLC | 15.41M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
NICHOLAS PETER M | 0.26% (3486965) | BSX / |
Mahoney Michael F President & CEO | 0.16% (2139770) | BAX / BSX / |
ABELE JOHN E Director Emeritus | 0.04% (500000) | BSX / |
Bose Supratim EVP & President, Asia-Pacific | 0.02% (320301) | BSX / CFN / |
Brennan Daniel J. EVP and CFO | 0.02% (279183) | BSX / |
Nanavaty Maulik SVP & Pres, Neuromodulation | 0.02% (232363) | BSX / |
Fitzgerald Joseph Michael SVP & President, CRM | 0.01% (186763) | BSX / |
REINHARDT UWE E | 0.01% (159379) | BSX / HQH / HQL / |
Pratt Timothy A. EVP, GC & Chief Admin Officer | 0.01% (154681) | BSX / |
Carruthers Wendy SVP, Human Resources | 0.01% (144468) | BSX / |
Phalen Michael P. EVP & President, MedSurg | 0.01% (133373) | BSX / |
Thepaut Eric Francis Yves SVP & Pres, Europe | 0.01% (132873) | BSX / |
Pucel Kenneth EVP, Glob Ops, Qual & Tech | 0.01% (128517) | BSX / LNTH / PII / |
Lance Jean Fitterer SVP & Chief Compliance Officer | 0.01% (117174) | BSX / |
Onuscheck John Michael SVP & President, Europe | 0.01% (116025) | BSX / |
BYRNES BRUCE L | 0.01% (112097) | BSX / CBB / DBD / |
Mirviss Jeffrey B. SVP&Pres, Periph Intervent | 0.01% (108485) | BSX / |
Wang Xin Warren SVP and Pres, Asia Pacific | 0.01% (101174) | BSX / |
MARIO ERNEST | 0.01% (86032) | BSX / CAPN / CELG / CMRX / KIN / TNXP / VVUS / XNPT / |
Mackey Edward F EVP, Operations | 0.01% (72752) | BSX / |
Ballinger Kevin J. SVP & Pres, Interven Cardio | 0.01% (71151) | BSX / |
Dawkins Keith D EVP, Global Chief Med. Off. | 0.01% (68165) | BSX / |