Understanding Boston Scientific's -10.5% Movement During Last Week
Boston Scientific's stock moved -10.5% in the last 5 trading days, whereas S&P 500 moved 3%. Does this warrant an investment decision? We help you by providing three different perspectives suitable to different investment styles. You can:
Assess Boston Scientific's changed relative positioning in the marketLook at the trends in Boston Scientific's underlying financials to identify whether the move is in-line or at oddsConsider the near term movement prediction for Boston Scientific by Trefis machine learning engine
How has stock trended this year?
Boston Scientific's stock price decreased -15.9% this year, from $45.22 to $38.03, before moving -10.5% last week, and ending at $34.02.
Has stock become more expensive or cheaper?
At the beginning of this year, Boston Scientific's trailing 12 month P/S ratio was 5.86. This figure decreased -8.3% to 5.37, before ending at 4.81
Is market undervaluing or overvaluing the stock vs its peers?
Compared to Boston Scientific's P/S multiple of 4.81, the figure for its peers ILMN, EW, and BAX stands at 13.22, 12.09, and 3.44 respectively.
Is the recent move in-line with historical stock price growth?
Boston Scientific's stock price decreased -10.5% last week. In comparison, the stock has increased 82.4% between 2017 and 2019, and has increase 37.2% between 2017 and now.
Do business fundamentals support this movement? - Revenue Perspective
Boston Scientific's revenue has increased 18.6% from $9,048 Mil in 2017 to $10,735 Mil in 2019. For the last 12 months, this figure stood at $10,109 Mil, implying decrease of -5.8% over 2019 numbers.
Do business fundamentals support this movement? - Margin Perspective
Boston Scientific's net margins have increased 3709.1% from 1.1% in 2017 to 43.8% in 2019. For the last 12 months, this figure stood at 36.5%
 Trefis Machine Learning Algorithm Prediction | A Near Term Play
Our AI engine analyzes past patterns in stock movements to predict near term behavior for a given level of movement in the recent period, and suggests nearly a XX% probability of Boston Scientific dropping another 5% over the next 21 trading days. However, over the next 3 months, the chances of a 10% rebound are at a significant YY%. Our detailed dashboard highlights the chances of Boston Scientific' stock rising after a fall and should help you understand near-term return probabilities for different levels of movements.
See our complete analysis for Boston Scientific
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