BSX vs. ABT, ISRG, SYK, MDT, BDX, EW, DXCM, IDXX, RMD, and STE
Should you be buying Boston Scientific stock or one of its competitors? The main competitors of Boston Scientific include Abbott Laboratories (ABT), Intuitive Surgical (ISRG), Stryker (SYK), Medtronic (MDT), Becton, Dickinson and Company (BDX), Edwards Lifesciences (EW), DexCom (DXCM), IDEXX Laboratories (IDXX), ResMed (RMD), and STERIS (STE). These companies are all part of the "health care equipment" industry.
Boston Scientific (NYSE:BSX) and Abbott Laboratories (NYSE:ABT) are both large-cap medical companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, institutional ownership, community ranking, dividends, profitability, earnings, valuation and media sentiment.
Boston Scientific has a beta of 0.78, suggesting that its stock price is 22% less volatile than the S&P 500. Comparatively, Abbott Laboratories has a beta of 0.72, suggesting that its stock price is 28% less volatile than the S&P 500.
Boston Scientific currently has a consensus target price of $84.76, indicating a potential upside of 13.09%. Abbott Laboratories has a consensus target price of $120.70, indicating a potential upside of 14.70%. Given Abbott Laboratories' higher possible upside, analysts clearly believe Abbott Laboratories is more favorable than Boston Scientific.
89.1% of Boston Scientific shares are owned by institutional investors. Comparatively, 75.2% of Abbott Laboratories shares are owned by institutional investors. 0.5% of Boston Scientific shares are owned by company insiders. Comparatively, 1.1% of Abbott Laboratories shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
In the previous week, Boston Scientific had 14 more articles in the media than Abbott Laboratories. MarketBeat recorded 56 mentions for Boston Scientific and 42 mentions for Abbott Laboratories. Abbott Laboratories' average media sentiment score of 0.64 beat Boston Scientific's score of 0.53 indicating that Abbott Laboratories is being referred to more favorably in the news media.
Abbott Laboratories has higher revenue and earnings than Boston Scientific. Abbott Laboratories is trading at a lower price-to-earnings ratio than Boston Scientific, indicating that it is currently the more affordable of the two stocks.
Abbott Laboratories has a net margin of 13.65% compared to Boston Scientific's net margin of 12.00%. Abbott Laboratories' return on equity of 20.32% beat Boston Scientific's return on equity.
Boston Scientific received 96 more outperform votes than Abbott Laboratories when rated by MarketBeat users. However, 69.69% of users gave Abbott Laboratories an outperform vote while only 69.58% of users gave Boston Scientific an outperform vote.
Summary
Abbott Laboratories beats Boston Scientific on 10 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BSX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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